All Forum Posts by: Greg Behan

I have gotten much worse than that!  haha.   Simply put I would just shoot a quick text back and let her know that I had no intention of showing poor etiquette and that I am simply in the market to purchase real estate.  Thank you for responding to my letter and if you ever change your mind I am always in the market.  

Great!  Is there a question here or are you just letting the world know?  What exactly do you plan in doing as far as investing?  what about with your license?

Hi all,

      I'm looking for local investors that either already own or are in serious pursuit of Commercial Real Estate.   I know a lot of the deals involve syndication and different people will have different roles.  So to make it simple and to the point I'm looking to partner with more passive investors that like to receive a healthy return on their capital.  I am a much more hands on in the middle of the action type.  I know DIG has a commercial sub-group but I haven't gone to that particular meeting.   Anybody know if theres a good turnout?

I have always been curious to hear what goes on during a showing or open house.  I never have gone to the open house though, or spied on a showing with surveillance equipment.  I'd love to though... really get a feel for peoples reactions.  I applaud you for going to the open house, why not?

As far as people not wanting flips I can see both sides of it, but I can also say peoples flips vary from slapped together ready to sell to fully renovated houses that feel like new construction when you walk in.  I don't know that I could leave some old outlets and fixtures around the house thinking it would help me sell any faster.  If anything I would think it would take longer...  If I was walking through the house and it was a flip and a bunch of little things were missed I would think the house wasn't done thoroughly.

It's to each their own though.  Some people love the idea of a freshly renovated house.  It should keep the maintenance and repairs down for a couple years as they establish themselves in a new home.  It's all about the right buyer finding the house.  If you put out the best product at the best price it will sell.  The future homeowners just have to find the house.  

If I'm not mistaken you should be able to buy it subject to or through a short sale situation.

This sounds a bit scary without knowing the ARV and a house that big needing all those bathrooms, cosmetic repairs, a roof, and more sounds to be well over 50k in work.

Any property in a poor location!!  Other than that you can fix most issues.

Great find!

 200 man hours for a small bathroom?  That doesn't make the slightest sense.  That is 5 40 hour weeks for one person or 2 and a half weeks for 2 people.  Unless it's an addition I just don't see it.  $20 an hour might be an employee rate not a rate charged by a contractor but since that's not part of the question we will skip that.

Rao as far as how much work you have ahead of you there is really no way of knowing without a lot more detail but none the less I'd dedicate a good 3 days to it give or take though.  Everything from tile size to those unexpected obstacles will play part in how long it takes.

I don't even know if that would work. I don't buy flips as an LLC but just as myself.