I currently work as a Project Manager for a Roofing and Remodeling/Restoration company in Arlington, Tx. My entire professional background has been spent working in construction, through several trades and companies, ...
Hi everyone,
It's been a long time since I didn't post on this forum but this morning I decided to share my story with you.
I love construction and the idea of creating something unique and beautiful. I started whe...
Hey BP'ers! Any flippers/rehabbers here have experience with an online project management tool? If so, which one did you use and why or why didn't you like it? I'm looking for one for my team. Right now we are using E...
Hi All- was wondering if anyone could shed some insight on expense projections for short term rentals. There is a lot of info about long term projections/budgeting but have not found as much on short term except for ...
I know that in many areas distressed Multi-families have become a legend like Bigfoot, but I have found one in an area that I am interested in, As my experience has been limited to less than 4 units. I defer to the...
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Philadelphia.
Purchase price: $70,000
Cash invested: $85,000
In the middle of the rehab. Plans for use-change of entire pr...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $215,000
Cash invested: $50,000
Sale price: $379,000
Purchased home in established neighborhood, and over three...
Would you say it’s fair to base your potential income based off projected future income vs actual current income to gauge your ROI. This is a just a numbers thing but also a make or break it for me!
Hello BP,
I am preparing a budget for a SFH that costs $50k. The monthly rent is $1k. Using the 50% rule of thumb I don't see how $500/month (which amounts to $6k per year) is enough to cover all expenses except P&am...
Many people consider project management to be the direct activity of engaging in a project. A kind of- it will happen no matter what, attitude. To some degree this is true, but this kind of passive stance toward proje...