I have renovated rental properties but haven't done an actual flip before. I have a GC in mind if the right opportunity arises, but I'm curious how experienced flippers work out payment. Do you pay the GC for the work...
What is everyone putting down when working with a general contractor, let say the total job is between 30-50K? TIA
I just bought my first fixer upper to flip and now I’m trying to find a GC. I’ve been calling around to leads I’ve found. One asked me today how we planned to pay him. I always assumed a cost plus model but he said th...
We are currently in the middle of building a spec house in a very nice town. Our G.C. has 13 employees and he seems to have 1 or 2 jobs going concurrently with our job.I'm having a very hard time watching the progress...
Thinking of of investing in a condo in Panama City Beach. Any advice about the market trends in the area? Should I put the property in a FL land trust or claim the poperty under an LLC and pay to operate in FL?
The countdown to 1 million forum posts just got a bit closer as we passed the 250,000 post milestone today!
I still remember the first post on the site 5+ years back, and really just want to thank...
What do you all find as best practice for evaluating the financial solvency of a GC you want to hire? If they can bear the cost in full of materials up front or is there anything else?
Greetings BP!I have hired a contractor to help me with a rehab in downtown Atlanta. We are fixing the house to solid rental condition, and then I am going to hold the property.The work is 95% finished, and the punch l...
I'm sitting in my cubicle at work today listening to the monotony of corporate America. However, the only thing on my mind is three deals i'm working on and a forth I'm trying to get going. As I listen to people arou...
Hello BP Family,
In the dynamic year of 2023, I achieved a significant milestone in my career - obtaining my real estate license in both Kansas and Missouri. Initially, my journey started with a focus on residential ...