Peter Adam
What should I be looking for in a Mentor
Hi everyone, my name is Pete and I am looking for a mentor. I am a 30 year old Project manager for a large NYC based facilities firm and have been in the construction industry for 12 years. I have been bitten by the r...
Charles Seager
When to have Trim Carpenter out for estimate?
This is my first rehab. I am gathering estimates currently and was wondering when should I have the Trim Carpenter out? I am adding 2 BR and a Bath in the second story which is currently just an attic. So nothing i...
Ellen Jester
Partnership with Custom Builder
I'm a realtor in Houston, TX. I own 2 lots, side by side, in a very desirable area of town. My husband & I want to contract with a builder to build us a home on one of the lots, and a 2nd home on the lot next doo...
Rene Bee
hiring a plumber question
Hello,I am hiring a plumber and want to know what kind of documents I should ask for. Should I ask to see a copy of his license and insurance? The project is a gut rehab. Is there a standard plumber's contract I sh...
Brad Coleman
New to flipping. Question on using contractor vs. handyman roles
Hi. I'm new to flipping homes but have been doing a lot of lurking on here and have been reading many books. One area I could use some clearing up on is the roles of a contractor vs. a handyman. Should you have bot...
Milena S.
I can barely screw in a light bulb. How many people do I hire?
Hello all,I plan on buying single family and multi-family homes in need of rehab, and know absolutely nothing about the rehab part. So I'm trying to figure out how many people I need to hire and how specialized they h...
Faiz Kanash
Any advice about how to get a business OR personal line of credit?
Hey guys! Im looking for advice here.I've been looking into trying to open up an unsecured line of credit, mostly through my business. The issue is i've been mostly getting denied simply because of the fact that my bu...
Christopher Leslie
Newbie on first deal in Massachusetts and looking into the next.
Hi, my name is Chris Leslie. I am currently working on my first deal. It began as a live-in flip expected to go for 1.5-2 years but may become a rental down the line if I can come up with funding for my next deal wi...
Russell Gronsky
Basing CAP rate off projected income
Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
Gary Charlton
Help structuring a deal
Hi All,I have been trying for sometime now to drum up some investor capital to be able to purchase a multifamily apartment building in FL. The problem is that being new to investing in multifamily buildings I am havin...