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All Forum Posts by: Derrick Foggy

Derrick Foggy has started 6 posts and replied 14 times.

Starting Out

Post: How to calculate ARV and the results repair will have

Derrick FoggyPosted
  • Lender
  • Haddon Heights, NJ
  • Posts 16
  • Votes 0
@Corby Goade Great advice, thank you.
0 Votes
Starting Out

Post: How to calculate ARV and the results repair will have

Derrick FoggyPosted
  • Lender
  • Haddon Heights, NJ
  • Posts 16
  • Votes 0
When looking at a rehab project how do I get the ARV? And what are the biggest items that usually force appreciation into the property? If there is a video or post please provide below. Thanks
0 Votes
Starting Out

Post: Investing Journey, Is DIY work a good or bad thing?

Derrick FoggyPosted
  • Lender
  • Haddon Heights, NJ
  • Posts 16
  • Votes 0
@Ned Carey thank you for the feedback Ned. So another question I have is, how do I calculate ARV? What factors make a property "new"?
0 Votes
Starting Out

Post: Investing Journey, Is DIY work a good or bad thing?

Derrick FoggyPosted
  • Lender
  • Haddon Heights, NJ
  • Posts 16
  • Votes 0

I'm really excited to be joining the real estate investing realm, I am a current mortgage loan officer but I have had plans to invest for some time now. My first question (of many more to come) would be about DIY work on properties. I plan on doing as much of the work on my properties with an existing group of handymen who I used to work with in my property management days. I am also a very competent handyman and will be receiving my license to be an Electrician in the upcoming year. If I were to seek out private funding would these be good or bad points? Thanks in advance.  

0 Votes