All Forum Posts by: Jordan Kohl

Wow. Just wow. 

Didn't want a drain in the shower?!

@Joe Splitrock failed to tag you correctly, oops! But I can see my original post was worded in a confusing way. I meant that contractors have a ton of work these days, but maybe they have other challenges and I'm interested to know what they are.

I went back and read my original post and I can see how it was confusing, apologies.

@Joe Splitrock I was trying to say that these days, contractors and subs have no problem finding work. Most markets with which I'm familiar have lots of work. Given that, I'm asking contractors what challenges they are facing.

If you're in the business of managing the various sub-contractors during remodels and flips, I'm very curious to know what your biggest challenges are. I'll go out on a limb and guess that it's currently not finding enough work to stay busy.

What's your biggest headache? What are you wishing you just didn't have to deal with, or could have someone else take care of? What do you wish your clients understood that they just don't seem to get?

I think I might have the same problem as you, @Christophe Eagleton, if I'm understanding correctly. In the BRRRR calculator, I don't believe there's an intuitive way in the "Purchase Loan Details" section to indicate and calculate that you're borrowing the funds for the purchase and the rehab from different lenders at different terms.

For example, if you were purchasing the property with a hard money loan, but using a private money loan to cover the rehab, the calculator doesn't really have the ability to express that. I think the calculator assumes that you're either bringing cash for the rehab, or that you have a single loan that covers both acquisition and rehab.

Is that similar to the issue you're having?