All Forum Posts by: Chengning Yang

I have an off market property currently for sale, and there's a potential buyer who wants to purchase it with cash. what should I do next? have them sign a PSA first or open escrow with my preferred title company first? Besides PSA, what else do I need to have the buyer sign?

1 Vote

Dallas, Texas

Quote from @Lucia Rushton:

@Chengning Yang. I have a plumber for you.

messaged you!

0 Votes

Dallas, Texas

Quote from @Robert Ellis:

Quote from @Josselyn Jorge:

Quote from @Chengning Yang:

Does anyone have investor friendly plumbing companies in DFW area for sewer inspection and repair? The house just got foundation repaired, and obviously there’s a leakage at some point. I’ve had a couple of plumbing companies came and quoted me from 30k - 70k to repipe the whole house(2700 sf) which I think it’s insane. I’m also looking for anyone who ever dealt with trenchless sewer relining because it seems like a more affordable way to go.

It’s a 4bed 3bath single level house with slab foundation.

Following you on this as I’m dealing with the same in Miami. The trenchless repair seems like a great solution and it’s cheaper, however, I don’t know the pros/cons of both.

no more than 10k ever

Well, the thing is I can't find a honest plumber to do the quality work, and that's the main issue.

0 Votes

Dallas, Texas

Quote from @Ben Barngrover:

Quote from @Chengning Yang:

Quote from @Josselyn Jorge:

Quote from @Chengning Yang:

It’s a 4bed 3bath single level house with slab foundation.

Following you on this as I’m dealing with the same in Miami. The trenchless repair seems like a great solution and it’s cheaper, however, I don’t know the pros/cons of both.

Well the pro is cheaper and faster and cost way less than traditional repiping method. According to google, it should last at least 50 years. Not sure about cons because this is a flip, but I do wanna fix it right and pass the static test for foundation warranty.

The main "con" I've seen with trenchless sewer replacement options is that epoxy lining or pipe bursting methods will not solve a main sewer that has a 'belly' between the house and the city. If the existing pipe has settled in a low spot then it will need to be trenched. A plumber might try to sell trenchless options in this situation, and then that would make them the con ... zing, pun intended.

got it! Thanks to know that!

0 Votes

Dallas, Texas

Quote from @Josselyn Jorge:

Quote from @Chengning Yang:

It’s a 4bed 3bath single level house with slab foundation.

Following you on this as I’m dealing with the same in Miami. The trenchless repair seems like a great solution and it’s cheaper, however, I don’t know the pros/cons of both.

0 Votes

Dallas, Texas

Quote from @Jennifer Miranda:

Do you mind if ask how much you paid for foundation. I need both foundation and plumbing. Haven’t gotten any quotes yet. Just one for plumbing. 36k for a 1200 sqft home. Ridiculous. I’m also in the Dfw area

I paid for 21k for foundation repair for my 2717 sf single story, but I had quotes from 20k to 45k for foundation repair. I'm gonna have someone to give me a quote on trenchless sewer re-lining on Tuesday, and I'm probably gonna get more bids for trenchless bids since it could probably be the only way to go besides repiping the whole house which cost significantly more for cast iorn sewer lines. Also I only had 2 quotes from two different plumbing companies to repipe, one quoted me 72k with 8k discount, one says 40k.

0 Votes

Dallas, Texas

It’s a 4bed 3bath single level house with slab foundation.

1 Vote

Dallas, Texas

Quote from @Jason Taken:

Quote from @Chengning Yang:

What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.

kris over at anderson agency is solid. we use him for all of our policies.

Thanks!

0 Votes

Dallas, Texas

0 Votes

Dallas, Texas

Quote from @Adam Bartomeo:

If you own the property than you no longer have to go through anyone to contact YOUR tenant. Whether if there is PM in place or not you can contact the tenant directly. If you do have a PM than I would suggest having them do their job but you don't have to.

Appreciate it! There is NO PM in place currently.

0 Votes

Dallas, Texas

All Forum Posts by: Chengning Yang

Chengning Yang has started 5 posts and replied 13 times.

Post: Selling a property

Post: Replacing Cast iron sewer pipe

Post: Replacing Cast iron sewer pipe

Post: Replacing Cast iron sewer pipe

Post: Replacing Cast iron sewer pipe

Post: Replacing Cast iron sewer pipe

Post: Replacing Cast iron sewer pipe

Post: House Flipping Insurance

Post: House Flipping Insurance

Post: regarding current tenant lease