All Forum Posts by: Bill Buzzell

Thanks for your input guys. 

Was hoping you were going to tell me to expect a drop any day now in prices. At least I have 6 months to find a nice place and can jump on it with cash. 

You need this when you are trying to establish business credit. Using a residential address is less than ideal if establishing good credit quickly is a key concern for your LLC.

This is the main market for these businesses that rent you a "legit business address", to cater to startups looking to build credit. 

If this is indeed the service you get for $30 a month then that is a good deal if you need credit. Most I have seen a way higher than that so check if that is indeed what they are offering.

Hi everyone, I got an offer too good to refuse on my house by a developer who plans to build 3 story apartments on the land. Only downside is that buying a house now is so high it's almost not worth the effort it seems. I have a clause allowing 2 months rent free and $1000 a month rent for up to 4 additional months, thinking/hoping house prices will start to come down and buy then. 

Any ideas about what to expect from the market in the next 6 months? Is my strategy a good one? Should I maybe rent for a year or 6 more month to find my deal/dream home?

How would you approach this situation?

Thanks for any help or suggestions.

  

That is 10 maybe 15 hours of work for ONE man. Should have paid about $750- $1000 max. I would never pay byn the hour unless you really trust the contractor and it is for truly hard to estimate jobs. |This job is not hard to estimate.

It's not that complicated, assuming the counter can be cut in place. A bit trickier if the counter needs removing and cut on sawhorses or worktable. Worst that can happen is the counter top could snap at the narrow points if you don't brace it during the cut and moving back into kitchen. Most likely, your counter top could be replaced for less than $75 if the worst case scenario happens, assuming they are new.

Sounds like you can't really lose on the deal. 

 This is the ideal way for all parties involved, at least when it's a new relationship. Both sides are equally covered. Once you get to know and trust each other then the exchanging money part is just another weekly chore to do. 

I just send out invoices for each property I do for the Realtor/prop manager I am working with. A few days later, when we cross each others path, he gives me a check. No problems.

If I had someone that had a bunch of properties knowing and understanding that they are only in the shopping phase, I think it would be a good service to offer as a type of 'pre-inspection estimate' as long as there were a reasonable small fee to cover the expenses. Maybe $40 or $50 bucks for a 'pre-inspection' plus a 'pre-quote' from a contractor. 

What you want to know is which properties are worth pursuing and need a real inspection from a licensed inspector when you are only shopping for deals. They would find things that I might not during a real inspection, of coarse. 

Why not? I need to give estimates, you need to get estimates. Find a good middle ground and I believe it's a win win.

I think as long as you are up front with a contracor that you are shopping, but serious shopping that will land him/her serious work at the end the would be glad to do it for $50 bucks all day, and probably less.

Are you sure you don't mean 'sagging'? Most issues with floors are going to be joist issues. If your floor is bowing up in the center this could suggest a pier/column has buckled perhaps.

I have done quite a few joist repairs 'over here' in Perry, Ga. recently. Would be good to see some pictures under the house to try and diagnose it. 

The middle Georgia area is a solid rental market for you to consider.

https://www.macon.com/news/business/article215560335.html

Those are all minor repairs that any competent handyman could do for $500 or close to it. Mildew in a laundry room? Take a pump sprayer and spray some bleach. Five minutes.  Sheetrock repair should be no more than $250 unless it is extensive with lots of areas to patch.

If the staircase is really bad, that could be an issue but if it just needs some bracing that should not be a big deal.

Sounds like you need to find a reasonably priced handyman.