When you hire a gc and the bid is 50k, how do you pay him so you make sure he doesnt screw you over?10k  per week? 50 percent down? 50% when he completes the job?  I have always been burnt by these so called pros and ...

Well, guess what!!??I'm under contract on my first deal. I My first deal!!I actually posted a thread a couple weeks back. It's for a decent 3Bed/1Bath condo out in Matteson, IL - a Chicago south burb (B- to C+, blue c...

I wanted to share a story of when things go wrong, what it takes to overcome the challenges along the way, and 3 lessons I learned from this experience. More specifically, I had a case of a tenant that was over $6,500...

Hello EveryoneI am trying to find great contractors in the Colorado Springs area to help me with some projects. (General Contractors, electricians, roofers, plumbers, painters, HVAC experts, etc.)Does anyone know of a...

Just wanted to share that we are closing this Friday on our 2nd investment property. First building has given us a 45% profit increase, after doing a lil bit of renovations and the second building since it's new const...

Need some advice

After about 3 years of listening to podcasts and reading books, I finally got past my fear and closed on my first fix and flip 3 days ago. Had to write about 12 offers before I got this one. It was on the MLS. It's a ...

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...

I'm continuing this from another post I commented on.....I think it's an important enough topic to revisit, we get so many posts from people that had problems with their Contractor and project because expectations wer...

Early failure is when hings don't go as planned at the start of something new, like a project or a job. It happens as you're figuring things out, trying new ways, and facing challenges for the first time. These failu...