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All Forum Posts by: Harold Groetsema

Harold Groetsema has started 16 posts and replied 58 times.

Hi Devra,

I am in Fairbanks, if you ever want to get together and discuss anything just shoot me a message. I have a property under contract, and have it listed on craigslist for wholesale for about another week. If it goes to closing, I am going to flip it. You might know me, I own Big Daddy's BarB-Q

Post: looking for private or HML for Fairbanks, Alaska Flip

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

Have a home under contract, will be closing in a few weeks. Looking for private lenders or HML's to rehab and flip. ARV value of home is $210K, seeking $125K.

Post: how does a contractor bid?

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

I'll make sure they come at different times. I know both of them personally, as Fairbanks is a small town, and I've been here for almost 25 years and own a BBQ joint.  We still do hand shake deals up here:)

Post: how does a contractor bid?

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

thank you Bill, you make a lot of sense

Post: how does a contractor bid?

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

thank you for responding, I'm sure it will get easier each time.

Post: how does a contractor bid?

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

P.S.

This is my first property:)

Post: how does a contractor bid?

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

I just got a property under contract, and I have 2 contractors coming tomorrow for bidding the rehab. My question is how are they bidding? Do they bid all the labor and materials? Do they include the appliances? Do I need to provide them a scope of work detailing everything I would like done? Any help would be appreciated.

Post: Self Direct Roth IRA or SD 401K?

Harold GroetsemaPosted
  • Investor
  • Fairbanks, AK
  • Posts 61
  • Votes 9

Wanting to roll over my traditional 401K to a SD Roth IRA or SD 401K. Which one is the best for real estate investing? Pros and cons?