All Forum Posts by: David Harrell

I primarily used Lowe's and H.D. because of their convenience and easy, no hassle returns. I've purchased windows for an entire house at a local vendor that was better on price.  Also purchase cabinets with a local cabinet supplier along with appliances. Everything else pretty much comes from the big box stores. If you sign up a business account with Lowe's they'll give you 5% off of everything including items on sale. I got some good deals on refrigerators that way.

Having tried several software programs including Landlord Cash Flow analyzer and Michael Blanks Deal Analyzer, I am looking for something that is more in depth with the value add component.  Want to be able to put in specifics such as the ability to renovate x amt of units the first year at a cost of y and once completed in year 2 it will bring an added rent of z.  Like to have the ability to do this for a few years in a row and see how the numbers play out.  Many of the existing programs are limited to just general percentages.

Any suggestions?

I would contact an investor-friendly attorney about drafting something for you. You can usually find these attorney's at REIA meetings or get their names from other REIA members.

Don't be penny wise and pound foolish this is serious business you are entering into and you don't want to wing it.  Too much is at stake.  Form a team, build relationships and grow your business.

I wouldn't waste your time mailing a letter to the attorney handling the probate, as they already have their connections in place.