When working with flooring and painters, what are the things that one should normally take from them? I read somewhere a w9, lien waiver, insurance and licensing. Is there anything else? Thanks in advance.
One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...
Hey Guys,
I need some further clarification on this topic.
What for it mean for a contractor to be "203K Certified"?
A contractor mentioned that he believes you only need to have "proper insurance" & "licensing...
Hi everyone, I begin analyzing a couple of properties I've found in the Tallahassee area but I am struggling with coming up with the repair / rehab cost. Can someone recommend a good contractor who can help determine ...
Hi all,We have a situation with a licensed contractor that we hired to rehab one of our property and I would like to have your opinion. Although the project was planned to be 2 weeks time, it took him about 5 weeks t...
I have clients who are in contract on a short sale that they were planning on using the BRRR method on. After going through inspections and looking at comps, they are thinking it might end up being better for them jus...
Hi All,
I am curious as to each state laws for flipping/rehabbing as a business. Let's see if we can cross off each states requirement's. Thank you for contributing.
I'll share Oregon's point of view: If you are pu...
Hi Everyone,We have a contractor coming from out to state to do renovations for me.The contractor told me that he will be completing the work through his same company but working under a foreign qualification business...
I have have had horrible luck with with contractors and I ones I did like are too busy for my small flips. Anyone have any recommendations on finding a reputable, trustworthy, reliable, and fair contractor? Does thi...
We've committed the cardinal sin and paid the contractor before the work was finished. The contractor walked with the money and never finished out the work and the permits. This was an FHA 203k Loan. Is this worth bri...