All Forum Posts by: Erin Silva

Hi, We own our home free and clear. We bought our house cash during the down market in 2013 paying only 37k for it. We can easily sell it now for 135k. Leaving us full equity minus selling cost which we would save on bc I'm a Realtor. This is our personal residence so I really only want to sell if we can reinvest the money and make it worth our while. It's a great family home with an inground pool in the yard and a a nice size corner lot. We really do like the home but would like to tap into the equity To reinvest. We are both 1099 and are having a hard time qualifying for a Heloc. Does anyone have any ideas or strategies for our circumstance? Thanks!

Hi, What's the average cost per sq ft for new carpet and install on a lower end flip. Home as an ARV of 115k located in Stockbridge, GA. What carpet are you all using (style, color, grade) and where's the best place to purchase? Thanks!

Thanks so much for the feedback! I've decided to fix the ceilings and take it as a lesson learned!

Hi BP! Currently flipping a property and we hired a handyman to do some ceiling drywall replacement. I now have a licensed contractor on the job working on an addition and he's saying that 1/4" drywall was installed on the ceilings and it will have to be overlaid with another 1/4" sheet in order to be strong enough to carry insulation. This is a big problem bc the walls have already been finished and painted. My GC is saying it's going to cost about $2800 to fix this after replacing Sheetrock and repainting the entire house. I've contacted the contractor who did the work and he claims he is in NC for 2mths. We didn't part ways on the best of terms bc pretty much all of his work was turning out to be shoddy. He's already been paid for Drywall and paint. Is there anyway I could go after him legally? Is there a cheaper way to fix the ceiling? Ughhh.....

Hi BP!

Does anyone have a good spreadsheet template for tracking all expenses associated with rehabbing?

Best,

Aaron McGinnis see message above. Thanks

Hi Aaron, Thanks for the response. How can I obtain your recommendations?

Hi BP, Should we be checking for lead and asbestos before starting demo? Home built in 1958. Any referrals for inspectors in Atlanta?

Awesomely inspiring!

Thanks @Charlie John! Great advice. Will do. ;-)