All Forum Posts by: Alex Yost

@Dawn Brenengen sorry I missed this!

As you said, once the deal closes, purchase price becomes public.  If the individual is an investor, they not only know that but *expect* that others will look as well.  Sharing the information in a conversation shouldn't cause so much surprise if it is in the the context you describe.  

@Teri Feeney Styers Thank you, I can think of a couple of times when that might be really useful!

Welcome @Steve Kehoe There are lots of active investors in the area and BP is a great way to connect with folks.  I also like @Adam Schneider's suggestion to go to events so you can meet folks and find someone whose style and strategy matches what you are looking for. 

Thank you @Patrick and @Adam Schneider!  A friend came to me with "his guy" Chimney Wizards.  $135 for a prefab chimney.  We shall see!

Thanks @Aly W.

Thanks @James Mc Ree Well reasoned and insightful!

Thank you for the insights @Matt Motil @Mike Cumbie and @Mike McCarthy! I want to be appropriate and professional, so its great to get your feedback. 

After flipping a few homes, we have found that buyers can be pretty aggressive in their requests for "repairs" during the due diligence process.  Unless we note otherwise in the listing information or disclosures, we fix everything that is broken or not functioning properly, but we have had several recent requests that are expensive and I'm interested in your experience in handling things like:
- this roof is old and we're worried that we may have to replace it (was inspected by roofer and determined to be functioning properly)
- there are screens missing from some of the windows and we would like you to add them
- we're concerned about the drainage and would like you to add gutters
- the AC unit is old (age disclosed in disclosure docs, was tested by HVAC guy and running fine)

 So do you budget for this type of concession, do you "meet in the middle" or do something else?  Typically the houses we rehab are 20 - 50 years old.

Raleigh Area! :)