Pinaki M.
Asking for receipts for materials
One of the houses that I own needs a fairly large rehab work (remodel bathroom, kitchen, replace floor/subfloor in some parts of the house, bring electrical up to code, new HVAC, etc.). I have never done a rehab befor...
Jeff Tracy
Scranton, PA Triplex
Truth be told, I probably won't update this deal diary beyond this post. I'm blogging about it, which can be found here: https://www.biggerpockets.com/blogs/7199-my-first-...I just purchased my first property and pl...
Ryan Moore
2 new Heaters, Invoice has just 1 big price on it
Hi. After I closed on my new 5-unit property this past december, I had to replace two heaters that were at their end of life and malfunctioning. The total cost was $9,900. I just realized that the HVAC company did ...
Brandon Ray
How do I calculate the repair cost on a wholesale property?
In the process of meeting with a seller, I needed a quick tip on how to calculate the repair cost on a property? How do I determined if it need a basic repair or an extensive repair?
William Coet
Can Multifamily Construction Costs Be Reduced Below $100/sq.ft?
As the title states, are there ways to reduce construction costs below $100/sq.ft for small scale multifamily (10 units or less) while still building a quality product? Quality meaning strong, dry and durable but wit...
Mike Kalob
Are materials purchased before or after rough inspections?
I'd like my lawyer to add a clause in the GC's contract stating ALL (or majority) materials (ie cabinets, stone countertops, vanity, appliances, flooring, ceiling) are to be purchased before rough inspections.. is thi...
Kyle Shepherd
J Scott's book on rehabbing - how outdated?
Hey all, I know there have been a lot of changes in the market in the last 4 years since J Scott revised his book Estimating Rehab Costs. I'm jumping back into real estate looking to secure my first deal - my weakest ...
Chris Smith
Landscaper submits final invoice 35% over estimate without notice
Hello,We had some landscaping work done. We signed an estimate that was part contract labor and part fixed fee. Total project 3.68 days, 1.68 days for the contract labor. The main terms roughly say "Contract Labor ite...
Ryan Nolan
Paying your crew when you partner on a flip
Hello everyone, I currently do fix and flips and buy and holds. I occasionally partner up with other investors on flips. This year I am hiring a full time employee to help me with day to day operations and also renova...
Rod Coleman
siding
my friend has an 1000 square ft rancher thats needs the siding re done what would be the avg. cost on that