All Forum Posts by: Colin C Barrett

I don't have a lot of money but can reno kitchens & bathrooms myself.  What are the advantages / disadvantage of Charlotte / Asheville markets?  I am choosing one soon!

I have tenants storing metal for sale, beat up in-door furniture, toys, bikes, a grill all around the ground of the property (front, side, backyard). In what method and how long do I have to give them before disposing of these items?

@Jonathan Klemm

That’s precisely what I’ve been looking for!

@Eudith Vacio

Thanks Eudith!

I live in Chicago and have connected with a few handymen. So far I have overpaid or they have way under delivered. What are some ways to meet contractors? I need someone for each of the following:

1. Carpentry: siding and doors and cabinets

2. Plumbing: leaks, installs and clogs

3. Masonry: tuck pointing

Hi All!,

I'm currently getting a loan through Guaranteed Rate, which is requiring me to do a replacement cost homeowner's policy. (Is that legit?) I was about to sign with Country Financial on a personal policy (bundled with my auto) when they told me yesterday that the policy they quoted for this passed week will no longer work. I have to quickly, in the few days, switch to a commercial policy since I am buying a 4-unit building through FHA, owner-occupy. What has good coverage and is not overpriced for 4-unit buildings ("commercial")?

To give another key detail: my property has 2X+ the replacement cost than the list price.

If you have any recommendations or questions, that would be so so appreciated.  I do not know much about this stuff yet!

Thank you everyone for your wisdom.  I did notice that it was weird for them not to give metrics @Laura Alamery, which any good mentor would.   I've decided not to spend the 12k (@Joe M.).

I have found that I learn best under someone but it is true that I'm being lazy in not waiting for the right group or person.  I will keep trying to network to find partnerships and mentors.  Someone who can structure deals with me @Brett Goldsmith or a mentor who who can partner @Tom Gimer. For now, I will check out some REI events in Chicago @Alina Trigub and check out a conference or two (Thanks @Tyler Weaver).  As @David Lilley wisely noted that BiggerPockets is free.  So maybe I'll do some self-reflection and continue to soak in the videos, forums and books recommended.

Thank you for being a wonderful, integrity-filled community!  You've probably not only saved me 12k, but also a lot of time! =)

After making it thru the first interview with Six Figure Flipping (6FF), I was asked, "how are you going to pay the 12k, by credit card or something else?"  I told him that I was concerned that I was not given more metrics and that I have not met my would-be coach.  I've been in on three real estate deals and still have not landed my first one.  I'm getting desperate to find some help and direction to get a multi-unit.  Does this group have clout and legitimacy in the BiggerPocket community?  What are my options?  I do not want to spend 12k without being wise about the investment.  Any alternatives?