All Forum Posts by: Champ Leong

How many business days is "reasonable" to allow a lender to grant a pre Qualification? Additionally, how many business days are "reasonable" to allow REA's/contractors etc to REPLY to a message/request?

I'm looking for a CPA and attorney to guide me through my first deal 

What resource do I use to find out if my area will sustain a new/converted 3 or 4 plex? Is there enough demand in my area?

So, it just occurred to me if I rent a room in my house without putting any money into it THAT is an "infinite return" :)

 Can anyone give me a simple 1-2-3 list of pro's and con's to investing the "bad area" of town. I have often said i will NEVER LIVE in West or North Birmingham, Alabama due to the crime and neglect. Why SHOULD I or should I NOT invest in these same areas? There's ALWAYS something available....TIA!

I have a building behind my house that has four walls and a roof with minor electrical installed I'm converting into a one bedroom tiny house to rent. This technically isn't a "rehab" since it was never built. WHAT is the terminology used for such a build? "New build" doesn't seem accurate since I own it and I'm finishing it. 

Looking for bids and contractors who service Talladega Alabama to convert this 13 ft long by 25 ft wide building into a one bedroom house/ apartment. TIA! 

I am unable to figure out how :)

I can NOT fix things for a rental adequately or in a timely manner. The skills do not exist lol Where do I go to find plumbers/carpenters/electricians etc that can be "on call" for emergencies? TIA!