All Forum Posts by: Chuck Brickman

Thanks for the feedback. I've been using All Foundation in a number of properties along with Richards Leveling. I'll give the others a try.

Hi Bob,

I might be interested in that property on Wurzach...let me know the details.

Thanks

What foundation outfit did you end up going with?

Can anyone recommend a few foundation repair companies in San 
Antonio that are good yet reasonable?  I'm not looking for the big name big $$$ companies...I know those. I've been using 2 different companies in the past for rehabs and would like to get some recommendations on more.

Thanks in advance. 

I'm looking for an experienced, investor friendly realtor in San Antonio.

Great thread Kyle!

Wow. Bill you have to be careful when you paint with a broad stroke. No one strategy works in all situations. I find it best first to understand, know all the facts, then be understood. 

Danielle, it worked out pretty well for me. I worked with a Real Estate Attorney to put together both the contract and note and his office handled the closing. The buyer made monthly payments for 13 months and then refinanced through a bank. I'd like to take credit for the strategy but honestly, it was a culmination of advice from some property investment clubs and pros familiar with the market here and have experience with the strategy and legal advice. Feel free to IM me if you need particulars.

Matthew,

Have you already secured the roofer for the work? It sounds like that's one of your first your first priorities...I'm also in San Antonio...due to the recent hailstorms roofing contractors are overwhelmed. If you haven't contacted one for the job yet you may want to do so. The company I use has a 4 month backlog.

We use direct deposit or electronic transfer. We give our tenants deposit slips and electronic transfer info with the lease. Its never been an issue with any of our tenants or prospective tenants. It's much easier for us plus we have a paper trail of when the deposit was made etc.

I struggled with the issue recently when I sold my first owner finance property.  The purchaser's credit scores were lower than I'm comfortable with. After reviewing his credit report  I also asked for proof of income for the last three months. After scrutinizing his credit report most of his issues were from the past. I called former landlords as well.  It's risky and you just try to do due diligence...coupled with a tight contract.