Shaun Moore
General Contractor's License for Permits when Doing Work Yourself
I have a project underway and am doing some of the work myself. I'm curious if anyone else has run into a problem when rehabbing a property, and doing the work yourself. Have you been required to have a General Contra...
Jose Bordes
Hard Money Draws on a reimbursement basis
I recently financed a deal using Hard Money with the typical LTV 80% and they cover 100% of rehab. My question is "Is it standard practice that the Draws are on a reimbursement basis?" This totally messed up my calcul...
Alex Babayev
$27K Flip Profit + Deal Analysis (Would you take smaller profit?)
We bought this outdated & uninhabitable 2BR 1BA 800 sq ft SFR in Smyrna, GA on May 10th, 2017 off the MLS. It was listed for $68K and had multiple offers with a highest and best situation. We paid $73,800 cash for...
Savannah Leigh
ballpark per sq ft for reno from studs to multi unit
just curious, knowing everything is regional and depends on choices ...our apartments are formica and laminate not granite and tile...but what do people use as a per sq ft price or per room price to thumbnail renovati...
Mason Bear
Phase 1 + what are we missing???
Hello BP,My business partner and I have been investing for ~4 years. We currently have 6 SFHs and an 8 unit, and our portfolio has performed a lot better across the last 4 years than we ever expected.We're currently u...
Troy Fisher
My Tenant from Hell Story
We all love these guys right? Well after non-payment and being served with a pay or quit notice multiple times, and direct instructions to the old property managers to evict immediately. One day I went to the pro...
Jamie Wooley
HELP!!! Major sewer leak under slab unexpected!
I have a rehab property here in Garland and I finished the foundation only to get the call from the company telling me I had a leak. Of course I got a second opinion my neighbor who owns a plumbing company to go out ...
Joe S.
What to do when a contractor pulls a huge number out of the hat after the fact?
So we got a call from our property manager and said that the toilets were backing up. She sent a reputable plumbing company out and they gave us a $9000 bid to do excavating, repairs, etc. due to some roots getting ...
Evan McCourt
First flipping project
Investment Info:
Single-family residence fix & flip investment in Somers Point.
Purchase price: $90,000
Cash invested: $80,000
Sale price: $230,000
Our first flip was of a 3 bedroom 2 bathroo...
Chris Winterhalter
Seeking Mechanical, Electrical, Plumbing subs for San Diego
We are working on a good size hotel project in San Diego (La Mesa, CA) and are looking for small-mid size mechanical, electrical, and plumbing subs. These are potentially good size contracts for MEP subs with the rig...