Hello BP,We are getting ready to begin our first rehab.  It will be quite extensive (for us) as the property is in need of major renovation.  We are wondering what is the recommended payment method when dealing with a...

I am entering into a cost-plus construction agreement for a new single-family build.  Is it common to withhold retention from the general contractor payments until lean release is obtained from the sub performing the ...

Hi BPersWe are looking to do a significant remodel of our primary residence  (a 1400 sqft addition plus remodeling of most of the house) but are having difficulty finding a GC that uses cost-plus rather than fixed pri...

I would like some help and thoughts on how to handle a remodel project that I entered into.  It is a cost plus residential construction agreement in Texas that clearly states that all receipts and invoices shall be pr...

I'm looking to purchase a 5 unit and rehab it and then live in it. I heard on the podcast that someone house hacked their first real estate investment this very same way. Because it was their primary residence they we...

Hi there BP, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.
The concern is around the cont...

Hi there BP, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.
The concern is around the cont...

I was reading Mark Ferguson's blog and came across this cash flow calculator.http://investfourmore.com/rental-property-cash-flo...In that he mentions that house older than 50 years have on an average 25% maintenance c...

Hi BP Familia, I am in looking for some advise. I'm under a contract with a builder. Even when my secured Financing is single Closing with construction to Perm Loan, interest rate @3.125.The concern is around the cont...

Hey!So I’m working on a project and as we all know lumber is insanely expensive and volatile. Therefore, GCs are requiring lumber addendums and lumber suppliers are not locking in prices until your ready to take deliv...