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All Forum Posts by: Diana B.

Diana B. has started 14 posts and replied 25 times.

Post: Sell or Fix up? What should I do?

Diana B.Posted
  • Real Estate Investor
  • Vancouver, BC
  • Posts 35
  • Votes 0

Rehabbing is not for me. I have had too much difficulty doing it from outside of the country. I am pretty frustrated with it, because I am getting at least 2X return from my turnkey-type investments than I am getting from my rehabbed properties.

I paid someone to fix up a property I bought in Michigan, and he ran off with the money. Should I pay someone else to fix it up, or just give up and try to sell it again?

Post: Need an Excellent Property Manager in Detroit

Diana B.Posted
  • Real Estate Investor
  • Vancouver, BC
  • Posts 35
  • Votes 0

I have a house in Detroit that I'm having trouble with. Each tenant that I get in the house has to be evicted after a couple months. Can anyone recommend a property management company that can get a section 8 tenant into my home? Thank you.

Post: CPA Recommendation Please

Diana B.Posted
  • Real Estate Investor
  • Vancouver, BC
  • Posts 35
  • Votes 0

I need a new CPA. I am in Vancouver, Canada but willing to work from a distance. Please message me!

Post: Contractor disappeared, won't answer calls

Diana B.Posted
  • Real Estate Investor
  • Vancouver, BC
  • Posts 35
  • Votes 0

i've paid him for more work than he completed, so he didn't fulfill the contract. Is there any other way to track him down?

Post: Contractor disappeared, won't answer calls

Diana B.Posted
  • Real Estate Investor
  • Vancouver, BC
  • Posts 35
  • Votes 0

I am starting to rehab properties in Michigan state but live in another state, so I work from a distance. I have already rehabbed one property and it is rented out, but I tried another contractor for this second house. Everything was going well, but during the asbestos clean up, the contractor ended up in the hospital twice. Now he has his phone turned off (I try calling daily) and the voicemail is full. I am worried that he died or is seriously ill from asbestos exposure. I have a contact for a colleague of his, who has attempted to contact his daughter, but the colleague hasn't been able to contact the contractor either.

Any advice? Should I just cut my losses (I have made payments to him for the work he has already done) and move on to a different contractor?

Any advice going forward to avoid this situation? Do you create contracts with your contractor to cover these sorts of situations?