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All Forum Posts by: Will G.

Will G. has started 61 posts and replied 526 times.

Post: Deltona FL (Or Other Areas) For Orlando Area Buy and Hold?

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

@Michael S.

Just curious why are you interested in this area? Are the texas rentals not working well?

Post: Just a paint color tip for other color challenged diyers.

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Sahara desert by behr, painted to death around here!

Christina's suggestion is awesome! So important to have good colors and too many folks don't realize how important it is to sample square new colors and evaluate them at different times of the day, to make sure you don't end up with something gross!

Post: Anyone tile over tile in a shower? Tips or regrets?

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

I think you would have to "rough up" existing tile surface to ensure good bonding. A cupped diamond blade on an angle grinder would do the trick (with a lot of dust) You would not have to go  completely nuts on existing tile just enough deep scratches for bonding and not lying awake at night wondering if a tile will fall off the wall and hurt someone. Also get the highest quality, most aggressive thinset available for setting the new tile. Besides that, check the peel and stick re tile mats.It's like a sheet of butyl adhesive that you stick on the wall and then stick new tile to the mat without thinset. There was a brand out a few years back that claimed you could tile over tile in wet applications but then backed off those claims. Was being sold at lowes when I looked at it but pretty expensive. Also some pretty cool looking panel kits being put out now, I saw some at innovatebuildingsolutions that looked nice (not just plain white) and would be super fast easy install

Post: Deltona FL (Or Other Areas) For Orlando Area Buy and Hold?

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Second that on deltona, I don't think you will like it, especially if you are counting on appreciation.

Post: Permits and inspections

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Screw this! have a friend appoint himself authorized representative of the manufacturing company and write a letter with their logo, that states the procedural  installation methods followed were satisfactory and validate the warranty of the windows, and that he is the "local rep" and can call if needed(his phone # provided) What the hell else are you supposed to do except fight ******** with ********. And these f@ckers wonder why people are permit averse.

Post: How to start investing in land?

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

So "land does not change or move like a home" but the government sure does!

How liberal is san marcos? Really. I tried to convert a small commercial building there and was horrified by the building department , especially because the majority of texas still embraces freedom to use your own property. My point here is if your are in a liberal area like california, building a home on your own property is a nightmare, with approvals of 7 different government agencies required in many rural area's. So if you invest in land you better make SURE it is buildable and does not have any natural water or protected gopher rats or bees for that matter as now there is talk of putting bees on the endangered species list which, the way I see it gives the feds scary new authority over use/development of any property where bees might be. So if you are talking about a home for yourself, could you find something with a dilapidated structure you could tear down in the future? Do you want income from a rental? a bit more clarity on your goals will help get better feedback

Post: Just a paint color tip for other color challenged diyers.

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Khaki is the new white around here, so it seems everyone just wants to do what everyone else is doing. Just sayin if you want your product to stand out, mayyyyybe push the envelope a little!

Post: Accuracy of Zillow Home Value Forecast

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Gotta love texas (for flipping) as it is non disclosure.

I have found that if you are dealing with a typical home, in a typical neighborhood that zillow values are a very good guide. They compare square foot prices of solds, but don't take into account your fancy granite counters or dysfunctional floor plan for that matter and zestimates tend to skew the more unique a property is. If yours is the only one around that is on an acre for instance you won't see an accurate representation of value. Still very useful tool and all you have to do is look how high above or below the zestimates comparable homes are listed for to give you a good base to start with.

As far as forecasting values, never make a decision on this hearsay. R.E. historically appreciates about the same as inflation(3-5%), except when external drivers are in play. So make your deals work with current values and rents and if you get positive appreciation, count your blessings!

Post: Ocala, Florida

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Well if your investing in florida how about being sheltered(somewhat) from hurricane's? Us coastal investors really have to think about this as part of cost of business. A katrina level event could really mess up your income, and you are kidding yourself if you think your ins co will rush right out to give you a check if a county wide disaster should take place. More like stall, lowball offer to settle, refuse to make you whole and then you having to go out of pocket for repairs and then law suit or mediation to get what you deserve.I am sure your ins co would do fine if your's was the only house on the block to say, burn down but in a giant disaster, you might not be happy with their performance. Even the national flood program has screwed tons of people in hurricane sandy.

Post: Best strategies to negotiate another $2,000 from seller?

Will G.Posted
  • Rental Property Investor
  • Maryville, Tn
  • Posts 529
  • Votes 414

Just explain your position and ask for the 4k. Let the seller know this is not an emotional buy and #'s must work. Settle on 2k so he feels like he is not paying for your investment!