10 October 2025 | 4 replies
This varies very widely on the home and the level of amenitites, and features.
10 October 2025 | 4 replies
You are already in a great spot, being on BiggerPockets!
29 September 2025 | 1 reply
AI, predictive maintenance, smart home features, and digital tenant experiences are rapidly becoming expectations, not perks.ESG / sustainability is getting baked into everything — energy efficiency, green building, wellness, tenant comfort.
19 October 2025 | 10 replies
We built our current home with my husband being the GC and are interested in potentially building to sell, but am not sure about capital gains and other fees etc that would prevent us from making a profit from it.
1 October 2025 | 2 replies
The opportunity: Tighten operations around three levers—Cost, Time, and Revenue—while de-risking each flip with disciplined underwriting and execution.1) Cost: Tame Labor & Materials Without Gutting QualityValue-engineer the scopePrioritize visible ROI items: paint, flooring, lighting, curb appeal, kitchens/baths (surface updates > layout changes).Replace, don’t relocate: keep plumbing and electrical in place when possible.Use finish tiers (Economy / Mid / Premium) per neighborhood comp set; avoid over-improvement.Lock pricing earlyGet three-bid packages per trade with identical scopes, photos, and SKUs.Negotiate 30–60 day price locks on materials; ask for bulk-buy or “contractor pack” discounts.Use allowances (e.g., $2.50/sf flooring) with pre-approved SKU lists to control change orders.Build a dependable labor benchMaintain a preferred-vendor roster (primary + backup) for each trade.Offer fast pay terms (e.g., net-7 on verified milestones) in exchange for pricing and priority.Test small jobs first; promote trades to your A-list only after on-time, on-budget performance twice.Standardize to reduce wasteCreate repeatable finish schedules (same trim profile, faucet line, paint palette) so crews work faster and leftovers are reusable.Pre-kit jobs: one delivery per room (box includes all hardware, fixtures, and consumables).Contracting disciplineUse fixed-scope, milestone-based contracts with:Progress draws tied to inspections/photosNo deposit or minimal mobilizationLien waivers at each drawDaily liquidated damages for missed deadlines (after grace period)Written change order policy with price + time impact before work proceeds2) Time: Move Faster to Reduce Carry and RiskFront-load planningWalk the property with all key trades before closing; finalize scope, bids, and schedule ahead of day 1.Pull permits early; choose scopes that avoid structural or major MEP reroutes when timelines matter.Sequencing & overlapSchedule parallel workstreams (e.g., exterior/landscaping while interior demo proceeds).Use a Gantt chart (even a simple spreadsheet) to track trade start/finish, dependencies, and buffers.Daily control15-minute stand-up with GC or project lead each morning (photos + punch list).Two inspections/week: one quality, one progress vs. schedule.Keep critical spares on hand (breakers, valves, GFCIs, common trim, extra boxes of flooring).Tech + templatesSimple tools (Google Drive + shared photo folders, or apps like Buildertrend/Jobber) for scope sheets, punch lists, and photo proof.Use QR codes in rooms linking to the finish schedule for fewer “what goes here?”
17 October 2025 | 8 replies
There is an insatiable need for affordable hosing in most cities including Jacksonville.
13 October 2025 | 0 replies
The key to successful property management in Rochester NY?
19 October 2025 | 2 replies
You hit the nail on the head about property taxes in SC killing cashflow on residential rentals, but SC's prospects for long run appreciation are pretty solid, especially in the Columbia/Midlands area.
2 October 2025 | 2 replies
This is happening in multiple states where 'New construction" is still trying to sell at inflated prices.
23 October 2025 | 8 replies
I built something cool around it (well a developer did), but I am the visionary and have closed 8 houses this year with it.