Dameon Pearson
analysing a property for wholesaling
I know about the BP wholesaling calculator but what are some questions i need to ask when dealing with a motivated seller like how do i find out how much the repairs will cost, and holding cost , transaction cost how ...
Vonetta Booker
Contractor payment, materials & labor questions
Hi, all--I'm in the closing process of my first rehab (a HUD deal), and meanwhile I'm in the process of interviewing contractors. For the most cost-effectiveness & efficiency, does one usually purchase materials ...
Cole Steinberg
LOOK HERE - What do you use for the storage of building materials on the job site?
What do you use for the storage of building materials on the job site?
Katrina P.
Working with contractor who doesn't want to be w-9ed
Hey everybody,
Hubby and I are in the process of finishing up on our first flip, and we have some finishing touches that need to be done (i.e., changing receptacles, cleaning trash out of attick, painting inside of c...
Andrey Zohrabyan
Real Estate License Test - California
Hi everyone,
Hope you all are having a great day! This is my first post on this forum and it is in regards to the real estate exam. I am residing in California and I will soon be taking my test. I want to use this po...
Sean Salandy
Contractor Draw Schedules and Who pays for Materials
I am planning to use a Hard Money Lender to complete a rehab. I am assuming I will need to set up a draw schedule for any potential contractors. So far, the contractors I have contacted are expecting me to pay for all...
Joseph Milano
Buying materials for rental rehab?
Hey everyone,
I’m closing on a deal at the end of this month, this will be my first time going through a rehab for a property and hiring out the work. I’m hiring a handyman because most of the work is things like pai...
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...
Leah M.
Estimated renovation cost
Hi all!I have a unit to renovate in boston and wanted to know labor cost (including only rough materials typically supplied by the contractor) of1) a averaged sized kitchen remodel (i.e. Demo old kitchen, install new ...
Cyrus Sidhwa
Hard Money Lenders - Draw
I am researching various HML's and learning that most will only pay on the repairs after they have been completed. This makes sense for any work that is being done by a contractor, but what if you are planning to ...