All Forum Posts by: Dante Moore

I appreciate the feedback.  It seems like everyone is in agreement on paying.  For me I decided $500.00 was too much to complete an excel spreadsheet and went with another contractor.  I couldn't imagine paying the same rate for 3 estimates every time I wanted to flip a property or just get some work done.  But now I know some contractors are ok with this practice and may charge an expensive rate for an estimate so I'll choose who comes out more wisely.    

I was definitely planning to.  But now I'm not sure.  Just looking at it from the GC's perspective why would he risk a potential 50k job for $500.00 dollars?  I have several rentals that I've rehabbed but not sold and I created a scope of work in around 30 minutes.  I have other contractors I can get a SOW from for free, I was just going to use him because he was recommended.  But now I will definitely get some other estimates.  

I'm new to flipping and wanted to know should I be paying a general contractor to provide me with a scope of work?  I have a potential deal on the table and my lender is requesting a scope of work.  So I went to a GC that was recommended and he wanted to charge me $500.00 to deliver the scope of work.  Is this normal?    

I've learned that there isn't any protection for landlords/owners if renters don't pay as well as the government apparently sees renters as in need of help but landlords/owners are on their own.  

Baltimore is a good place to invest.  I have a couple of rentals there now and looking to start flipping properties in that area.  For property managers networking with local investors can get you high quality connections for contractors, property managers and other resources.  Bigger Pockets is a HUGE resource for this.  

No I did not.  DO NOT MOVE FORWARD!  The first response was correct.  I was able to actually speak to someone who barely spoke English and had no idea about financing or loaning money.  Sounded like a scammer trying to get your personally information.

Has anyone done any deals with a private lender called David Lending Services?  They contacted me through a FB group.  They are offering 4% on loans as low as 20k.  The person that contacted me via email was Daniel Monroe.