All Forum Posts by: Dustin Lavender

 Dude is a total jerk right!! 

Here, I would not use tile, as the houses are not usually slab which leads to cracking issues latter on down the line, even when installed properly. 

No crap bro. Go back and read my comments. You totally took what I said obviously didn’t read it, twisted it, and used it out of context. The guy I responded to was using laminate which is why i said it was crap. Have a great life troll. Durka Durka. 

@Tyler Hespeler

I have had no success with laminate click. Even mopping it causes wear on the corners, swelling and lifting. Walk way areas where tenants bring in water on their shoes etc. always wear easily and get water damaged at seams. I hope you have better luck, but the stuff just falls apart in my experience.

@Sylvia B. Love vinyl plank

@Andrew DeWeerd I love glue down vinyl click flooring as has been suggested previously.

For paint colors we love to go with a grayish blue for the walls and cream off white color for the trim.

@Jonathan Greer just pull all of th trim and covers it with thin 1/8 plywood or thin sheet rock then re-trim it. The room will be hard for a tenant to put a hole it and it solves the nasty mess of tear out dewallpapering.

@Cory Cox thanks for throwing me under the bus! Lol 

@Kyle Tipton most of Arkansas is extremely stable in my opinion for buy and hold. Stable is the key word. I like Jacksonville better than Cabot. There is a lot of potential in Jacksonville with medium sized SFH 3 or 4 bed homes in established subdivisions built in the 70's and 80's. There are a lot of cosmetic flip in that area form what I have seen. All of my rentals are in my back yard, but I have a buddy doing buy and hold flips in Jacksonville and it looks great.

@Angelica Rivera

A couple of questions:

1. Why did the property managers not handle this?

2. Why were they not evicted?

What I would do is have property managers post a notice saying:

“This property has been secured and seized due to abandonment. Please contact property management with any questions.”

Then I’d wait a week and throw it all away. In Arkansas if major items are gone (bed, furniture, etc.) a property CAN be considered abandoned.

@Evan Evans

I like the cash flow option 1.

But me, with 500k, I’d buy a bunch of multi-family properties.

Before you guys all jump in and say a bunch of multi family properties isn’t possible with $500k, for me it would be, because I live in an area in Arkansas with low purchase prices.

With $500k used as down payment, over the last 3 years I could easily have purchased 4 properties totaling 92 units and had a bunch of that 500 left over for coffee for life. I passed on 3 of those due to lack of funds and purchased the 10 unit with equity.

At 15% down that is roughly 3m worth of purchasing power.