When seeking materials for your remodel or flip, how many different companies do you pull quotes from before you feel you are ready to make a decision?
Hope y all have happy and safe thanksgiving in quarantine. I’m starting to create a checklist for each team for future use. Everyone in the team is professional and regulated, and their business is highly based on the...
Why would I want to hire a general contractor to oversee the whole rehab progress? Can someone tell me what’s the reason hiring a GC for rehab? Wouldn’t the GC work for the same company as contractors? Thank you for ...
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 ...
Hello everyone!
I'm reading a lot about passive vs non-passive rental activities and cannot really find a clear explanation.
This publication from the IRS says:
1. "Material Participation: A trade or business activ...
Hi BP community!My wife and I recently purchased a duplex in Atlanta. It's the first property I've owned - I'm learning a lot. We're house-hacking and are using this property as a buy-and-hold: we are fixing up the si...
I was just wondering if you could offer personal referrals for the best Subject To and other specialty interest materials (abandoned properties, etc.). Some of the recommendations I have so far are below:
Subject To;...
I know there was a thread started about materials but was never finished. I would like to know what materials are being used for rehabs. Last time i did i a rehab project was in 2000 and I would like to have a list o...
I'm putting vinyl planks throughout one of my rentals. Has anyone used the same color planks for the entire house?? Is that weird?? I thought about maybe doing a different color in the bedrooms. Thoughts?
We recently bought our first flip and began to get estimates. One of the subs needed is a chimney repairman/tech. He recently gave an estimate for $6500 and wants $2500 down and the balance upon completion. Is it usua...