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All Forum Posts by: Finn Valjean III

Finn Valjean III has started 4 posts and replied 13 times.

Post: Financial Advisor - Wichita

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Matthew G. Unsure if you got a satisfactory answer.

Used to do the finance roles. Sold insurance stocks before i sold out and retired.

How many have you vetted yet?

If it would be valuable to you let’s connect I can refer you to some people to talk to if you’d like. Or you can “pick my brain” eww.

But I’m local and if you’d bring a cigar or two we can chat till your happy on my deck as the apocalypse goes on.

Post: Know when to hold em, know when to fold em?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Darius Ogloza spoke with my attorney and he gave me the lawyer language talk and the bill (love it)

It looks like It turned around for me thanks for the advice

Post: Know when to hold em, know when to fold em?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Bill Hampton wanted to follow up.

Did the hard thing confronted him about it and he backed down hard. Thanks for the advice

Post: Know when to hold em, know when to fold em?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

First Deal Blunder incoming!

Let me know what you’re thoughts are and if this passes your sniff test.

I always feel like this timeline sounds like complaining and finger pointing. I’m a marine vet with ptsd who takes extreme ownership and his lashings.

First time homebuyer. Va loan. Wichita KS

Inspection comes back says we need a new roof.

I ask for a new roof. We settle on getting a roofer out to confirm. He comes back saying it’s old 10-12yrs, but has plenty of life left and needs 150~ in repairs.

We agree to it and close.

Two months into ownership my insurance (allstate) say they cannot insure the house due to the condition of the roof. I call the roofer he says “well it was just my opinion man”.

I spend the next two months being rejected from every insurance company because of the roof. The previous owner was insured under the Kansas Fair Plan. (They tell me it was insured because of the roof condition before)

I go litigious. Get my real estate lawyer involved we negotiate “they’re not admitting fault but here a 25% discount on a new roof” this takes an eternity I’m not happy I split the difference here but I’m moving forward and will never let this happen again.

The new roof is finally put on. January 2020 I’m taking pictures and watching the work be done. It doesn’t sit right with me but I pay the contractor with my Credit Card.

I further inspect it, turns out from the contract we agreed to he switched the shingles on me and all the hardware that was signed and agreed to. I call and argue with him. He said “well what can you do about it, you got a new roof”

I file a chargeback through my cc company giving them and my lawyer all the evidence as well and where i believe he violated the warranties, bait and switched me, etc. (I’m not happy and have tried to resolved this before going to this route).

The roofer has now come back with suing me for fraud and breach of contract. My lawyer says i should just pay him because it is not likely i would win any in damages and it would cost more to fight than to pay. 6500~

I know this feels wrong to me.

Should I pound sand and pay him?

Should I crusade against him in public opinion?

Should I fight legally for the coin flip judgement?

Should I find another lawyer?

Should I file an Ag complaint against him?

Am I wrong/right or is there any actual fault?

What would you do if this was you?

I’m not currently drowning in legal fees. I love paying that legal bill when it shows up because I’m getting answers and educated council.

Post: Looking for a GC and a Listing/Sellers agent reccomendation!

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

Title.

Looking for an experienced GC.

That can help maximize the ARV of my current live in property for when we move out of it near the first of the year.

Same for the listing/sellers agent. I love to be taught and to talk about real estate.

What business do you know locally are great experiences to work with because I want to give them my business!

Post: Wichita RE Investor Come Together

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Mark Quaney ahoy ahoy!

I love talking and connecting with new people. Would be 100% into this and finding ways to help out and grow with you!

Let’s make it work. But can we go more virtual than physical. I’ve got young kids etc and well I’ll speculate about real estate all day but I’m gonna wanna stay distant ish with the rapture etc.

Post: Whats it like to invest in C or D class properties?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Chris Gawlik currently reading through all this now.

I’m looking at going into the war zone area properties over the next year.

Would you be interested in connecting and working together on a case study from 0-D/C class property?

Post: Does anyone know any convenient Va 203k Lenders?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Paul Welden that’s really interesting!

What would the down payments be for the 203k then and lending requirements since there’s no va option on the table. Ball park?

Though you didn’t ask, I’m an over-sharer.

Currently I'm in a Va IRRRl from my primary residence out in Kansas. I'll be moving somewhere in a years time. My spouse also will have a full VA entitlement.

We used mine for the primary residence and then refinanced at 2.75 in Dec for the irrrl. (Cause only way I’d get a better deal is an apocalypse, so that one might be on me, y’all)

Would you be interested in working with me on purchasing properties to creatively use dual spouse VA loans as wealth building? That's my current tinkerings

Post: Does anyone know any convenient Va 203k Lenders?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Paul Welden thanks so much!

Is there any way I could help you out with anything?

Also just saw you have most of the “secrets” on 203k loans!

Would love to buy you a virtual scotch or two and have conversation about real estate!

Post: Does anyone know any convenient Va 203k Lenders?

Finn Valjean IIIPosted
  • Rental Property Investor
  • Wichita, KS
  • Posts 18
  • Votes 3

@Elise Marquette

Thank you so much I’ll reach out now!

Is there anything you’re looking to accomplish this year that I can help with?