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All Forum Posts by: David Lowe

David Lowe has started 25 posts and replied 145 times.

Post: What do contractors look for in a client or partner?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Manolo D.
What is a Change Order? 

Post: What do contractors look for in a client or partner?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Aaron McGinnis 
Interesting. I really thought the hands off approach would be catastrophic and lead to delays and incorrect work being done. I like the idea of handing over the reigns as long as the rehab is smooth.  Who manages your projects? 

Post: What do contractors look for in a client or partner?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Jonathan Harris 
Thank you for the very insightful answer. Do you think GC's have different styles or is it fair to say that most don't like to be micro-managed? Can you give me an example of "know what they want and can verbalize it"? 

Post: What do contractors look for in a client or partner?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30
@Account Closed

But anything other than money John? 

Post: Ask Me Anything! Free legal advice

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

Post: Ask Me Anything! Free legal advice

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

@Lee Zap Martin

 I am not being sued I was just asking as a hypothetical. Thanks for your feedback and obviously hope this time doesn't arrive! 

Post: Ask Me Anything! Free legal advice

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

Like you, I currently live in Austin, TX. However, I am moving to San Diego, CA soon. If I incorporate my real estate company in Texas and,  
1). Continue to invest in California and there are any lawsuits, how would it work if the company was out of state?
2). What structure would you recommend (LLC, etc)?

Post: What do contractors look for in a client or partner?

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

Just wondering what makes contractors choose one client over another. What jobs excite you? Do you ever go for projects because an incentive is offered? If so, what type of incentives do you like? 

Post: Can Anyone Recommend Contractors In San Diego

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30

Can anyone recommend any contractors in San Diego (especially keen on North Park, South Park, Normal Heights)? Keen on good rates, professional attitude, quality work and quick turnaround time. 

Post: Hard Loans Explained

David LowePosted
  • Realtor
  • Denver, CO
  • Posts 153
  • Votes 30
Originally posted by @Erick Harbert:

A hard money loan is a loan based off of the asset. They generally lend 70% to the after repair value of the property. If you're buying a property valued at $500,000 would lend you proximately 350000. The 350000 generally includes both closing costs and repairs which are held back and then distributed after the repairs are done. This allows them to keep in a good leverage position on the property. What are you looking at doing with the property?

 I am primarily looking at purchasing, renovating and then re-selling. I heard hard money loans were the way to go. What are your thoughts on them? Have you tried private lenders as well?