All Forum Posts by: Chris Dunham

Hey Howard.yes i did.With all the fires and need for contractors now those guys are booked for a year.Ask me how i know....Just remember with contractors they typically have a “shelf life”I have come to the conclusion in the bay area and surrounding areas if you want a contractor for a long period of time you need to hire them as an employee and keep them busy.

Looking back Glenn do you think you should have done a jv on your first development to buffer the learning curve? 

I have a house under contract in Lafayette ca and it needs alot of work to get it to a high end arv.It has a huge lot(.5 acre) and comps are around 1.7 million. I think I want to develop it any suggestions?What is step one in a development?

Hello Bp!,

     Who is the man when it comes to wholesaling in the bay area? I would like to know how they are typically generating leads in this hot environment and what are some tips?

Hello BP!

            Fellow flippers and or builders what are you guys using for siding on your projects?I need a product that lasts,but doesn't cost an arm or a leg?Any recommendations would be greatly appreciated!!!

Hello BP!!!,

        I just closed on a property in Sacramento ca however all the contractors I typically use are all booked out. Anyone have a good contractor that is reasonably priced and used to working on flips in this area? If you do could you please shoot me their name and number so I can have them bid the job. Thanks a ton!!!

Hello BiggerPockets Family,

        I just got a property under contract in sacramento,ca. This is not a area I typically invest in, but hey when a deal lands on your lap I am not the one to pass on it. So the numbers are purchase price 120k, 35k fixup and arv is 205k. Would you flip this deal or keep as a rental? Some thoughts floating around in my head.......I realize the market isn't going to stay hot forever so If I do keep it as a rental I would eventually flip the property in a year to a year and a half and sell somewhere in March or April. I also don't really want to flip it because I am in a high tax bracket and a straight sale would take 1/2 the profits. I know first world problems! Other issue is i don't have anything to 1031 the property into so unless someone on here has a multifamily they have that needs to be fixed up and wants to sell I am stuck.Would like to hear some opinions. Thank you!!!

Hello all! I hope the new year has been prosperous.I have been investing in Fort Wayne for about 10 years now and a buddy of mine who listens to podcasts told me it would be a good idea to get on the area specific forums.....so here i am.