Are You Sure Your Independent Contractors Really Are?
As a real estate investor — and especially if you’re a house flipper — you will no-doubt be hiring a lot of independent contractors to support your business. And I’m…
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As a real estate investor — and especially if you’re a house flipper — you will no-doubt be hiring a lot of independent contractors to support your business. And I’m…
I’m always a bit concerned when I read an email or a forum post by a new investor asking about how he should structure his business, how he should prepare…
It’s been a relatively tough real estate market for rehabbers/flippers for some time now, and with the home-buyer tax credit getting ready to expire at the end of this week,…
As any investor who has ever sold a property to an FHA buyer knows, there is at least one mandatory FHA inspection that must be completed by the lender prior…
In my opinion, the most difficult aspect of being a first-time house flipper is managing your contractors. Perhaps it’s because I came into this business with no construction experience, or…
For anyone planning to get into the business of rehabbing houses(even as a hobby), let me recommend that you have a consistent paperwork regimen with every contractor you hire, regardless…
In real estate transactions, a contingency clause can be put into a contract so that either the buyer or the seller can walk away from the deal if certain things…
Last week, my blog post discussed my method for determining the maximum purchase price you can offer for a property that you plan to rehab/resell or wholesale. In the formula…
The question I get most often from new investors looking to break into flipping or wholesaling is, “How do I determine the maximum purchase price I should pay when trying…
Last week, my BiggerPockets.com blog article discussed the pros and cons of “Getting Your Real Estate License”… With that post in mind, I wanted to throw out some additional thoughts…
Not a week goes by where I don’t read a thread on BiggerPockets or receive an email asking the question, “Should I get my real estate license?” For anyone planning…
[Big Disclaimer: I am not a lawyer and I don’t play one on TV. The information I provide below is just my opinion based on my experiences, and shouldn’t be…
Introduction As this is my first blog post on the BiggerPockets Blog, I thought I would take a couple sentences to introduce myself before I jump into my topic of…