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All Forum Posts by: Jake Kain

Jake Kain has started 33 posts and replied 238 times.

Post: REV Multifamily Meetup: Why Millionaires Choose Real Estate

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Heather Kain and I are excited for the meetup. We will be there!

Post: Seeking Biggest Mistakes and Lessons Learned Stories (Again!)

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

My wife and I are currently on the tail end of our live in flip. All things considered, things have been pretty smooth but one mistake was very costly in time AND money. I represented us as our agent in the deal and should have know that these tract style homes built in the 90's have a high probability of polybutylene plumbing. We did the typical inspection, which turned up nothing as the stubs were all copper. The seller filled out the disclosure stating they were unaware of what type of plumbing it was. Being an agent, I always have these types of things in mind for my clients and inform them about PB plumbing and similar issues whenever in neighborhoods known to have used PB. With everything going on, it just slipped my mind and I didn't look into it any further as there were already so many other repairs we were thinking about. After investigating what we thought was a small roof leak ended up being a pipe leak and BAM, there was the big, ugly grey piping staring me in the face. So roughly $8,000 to replumb the entire house and have all the drywall and paint fixed (after we were already done with drywall and paint) plus right in the middle of COVID, pushed us weeks back on a lot of the progress we were making. Insult to injury, nothing will kill your budget more than not having a kitchen, and having to eat out for almost every meal.

Needless to say, I will always be digging through attic insulation to try and find what kind of piping was used in the future lol.

Post: FREEdM - Financial & Real Estate Education Meetup

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

Thank you all who made it out! Looking forward to the next meetup!

@Heather Kain @Michael Colantone @Richard Quigley @David Stock @Susanna White @Stephen Pettitt

Post: New to Phoenix, new to Real Estate

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Stephen Pettitt Welcome to BP and Phoenix! Glad you guys came out to the meetup last night. Look forward to seeing you guys around and watching you grow in RE!

Post: Newbie question re: Grayhawk vs. Desert Ridge

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Michael Colantone Some good info/resources in this thread to check out.

Post: FREEdM - Financial & Real Estate Education Meetup

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

Location has officially been changed. We will now be meeting at Flying Basset Brewery at 720 W Ray Rd, starting at 5:30pm. Hope you can all make it! Reservation is under my name, or FREEdM.

@Dallon Schultz @Susanna White @Debb Childs @Devan Kaye @Donrico Holtzclaw @Mason Bridges @Derek Wheeler @David Stock @Michael Colantone

Post: Refinancing BRRRR in Arizona

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Ryan Cooley

I highly recommend @Michael Colantone I have used him personally and have referred many of my family, friends and clients to him as well. He does a fantastic job!

I can send his contact info to you in a message if you would like.

Post: Starting out in the Arizona market

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Sunny Bert

Welcome to BP and REI! Always excited to see local members!

Post: Medical Student Trying to House Hack?

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Luci Peterson

Welcome to BP and eventually AZ. Are you guys going to be attending Midwestern?

Feel free to reach out to me for any questions about Glendale specifically or the Phoenix area in general. My wife and I are currently doing a live in flip, right next to Midwestern in Glendale.

Post: Newbie Investor! Phoenix, AZ

Jake KainPosted
  • Realtor
  • Phoenix, AZ
  • Posts 250
  • Votes 96

@Logan Reeve

Welcome!! I will shoot you a PM, let's connect!