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All Forum Posts by: Scott C.

Scott C. has started 4 posts and replied 44 times.

Post: Rehabbed house won’t sell

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21
Quote from @Obed Calixte:

Is holding the property as a rental viable?

How long are similar properties sitting on the market? What are other sellers offering to get deals done (rate buydown, money towards closing costs, home warranties etc)? 

Walk similar homes nearby to see what they are doing or not doing.  

If not doing already, gather feedback from potential buyers. Use that to identify what their biggest holdback is. 


Post: FYI Student Rentals in Binghamton, NY

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

The City of Binghamton is working to curb student rentals in certain areas within the city. 

https://www.pressconnects.com/...

Post: Contractor bidding cost

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

I have 30 years remodeling experience and without getting into all the details about risk, liability, overhead, margins and profit let me just say this; Lowes, Home Depot, McDonalds, etc. all have a set profit they charge. No one never think twice about this, we just pay the asking price and walk out the door. 

Post: Digital locks for self-management

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

These locks are great but they are not perfect. You cannot remotely control these locks and you cannot set time schedules to allow acces. They allow you to set access codes but you have manually set and delete codes at the lock.

Post: Window replacement (broken seal) distributor says get a contract

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

Alside deals only with distributors and contractors. If it is a broken seal, take the sash to a local glass company they can easily order a new sealed glass panel and install it in the sash.

Post: Investing in Binghamon, NY

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

Anyone considering in investing in Binghamton, NY and surrounding municipalities needs to read this article.

www.pressconnects.com/story/news/local/watchdog/2018/01/04/flushing-millions-down-toilet-broome-sewer-plant-rebuild-cost-projection-tripled-275-million/960700001/

Post: Not a Fan of New Email Alert Format

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

@Mindy Jensen Thank you old format is back

Post: Not a Fan of New Email Alert Format

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

@Mindy Jensen Sorry but still no subject line

Post: Not a Fan of New Email Alert Format

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

I guess I need to turn off the alerts until BP figures out they screwed this up.

Post: Verifying income on commercial property under contract

Scott C.
Posted
  • Real Estate Investor
  • Hallstead, PA
  • Posts 44
  • Votes 21

Ask to see all of the leases, that would allow you see what each tenant is paying, verify vacant and what you will inherit when the deal closes