All Forum Posts by: Greg Behan

Maybe it would be worth your while to tag along with someone who is buying.  

welcome to the boards.  Im am investor in bucks and montgomery counties.  Congrats on saving your money at the seminar. 

I would personally just redo the sheet rock.  It will cost a bit more in materials but will give you a much better finished product and also give you a chance to see beyond the wall if you have any electrical or plumbing issues as well.  If you want to meet in the middle you can do 1/4 inch drywall over everything 

thanks a lot for the compliments we take a lot of pride in our work.  That was the kitchen in our last flip that is currently listed.  

Hi jake...   

flooring depends on the house...  if it has hardwoods, or is higher end hardwood and finish can vary..  carpet if it's a cheaper flip 

white cabinets seem popular right now

granite is definitely a go to for my flips and most of my customers

brushed nickel... it costs more but it's definitely most popular 

stainless is most popular..

maybe even lehigh, berks, or somewhere close?

Has anyone in Bucks, Montgomery, or Philadelphia had much success with the BRRR method? Can I buy you a cup of coffee?

personally i like a combination of things...  but mainly I make my own lists with public records, driving for dollars, and a few other methods.   Problem with lists is that anybody can buy them and send the same letter...   However if you would prefer to buy a list and pump them out I have no complaints with list source.

Hi Stephanie,

     It really depends on the house.   If you are living in your house for 30 years and add a new kitchen and bathrooms over the years your not going to add the amount you spent on these renovations to your home price.

However, as a investor the swing works a little different.  We buy discounted properties that a lot of the time have unusable or very dated kitchens and bathrooms which decrease the value.  From there we calculate a number for all needed repairs and upgrades to get the full asking price.  So as far as many parts of the process your really restoring maximum value to the house that once lost all value.

Adding value to me is much different.  Adding value would be changing the features of a house with an addition for instance, or possibly a garage, or just about anything that would be "added on" could also be adding value.  Even adding a half bath or full bath would add value.  So basically layout changes and additions could add value.   Remodeling and updating basically restores value.

Also last but not least zillow gives you inflated retail prices on renovations, you can normally do much better than they say price wise

One of the first questions people ask off yellow letters a lot of times is "are you a realtor"

Personally I'm not a realtor but if I talk to someone and they sound like they want to sell their house but they want full retail price blah blah blah I can refer them to my realtor.  Also a few people in my area said it was common a few years back for realtors to send the letters for listings... so in my opinion why not give it a shot...   I believe you do have to disclose you are a realtor on your marketing material though... not positive how texas works.