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All Forum Posts by: James Dickens

James Dickens has started 7 posts and replied 121 times.

@Sean Doherty Congrats on finding a place to consider. I am still looking myself. I am not a pro so anything I say may be wrong :)

I picked up in another thread that converting a basement may be against code in some areas. Not sure if it is in your area but maybe something you want to dig into a bit deeper. I hope for you that is not the case as it sounds like the sprinkler system will be enough of a pain. 

The other thing of note and I hope to hear from others but I think you can only use the 203K if you plan to reside in the property. If not, you may have to look at the HomeStyle FNMA loan instead. The HomeStyle loan does not require your residency in the property. 

Good luck and I hope this works out for you!

Welcome, @Brady Higginbotham . You should find all that you need and more here at BP. I have been to Roberts group a few times and have met some really nice folks. I think there is a REIA in BR that might interest you as well.

I wish you well in your investments! 

Google Search led me to one of Brandon's Webinars and I was on to BP from there. 

Post: Lafayette, LA Success Story #8

James DickensPosted
  • New Iberia, LA
  • Posts 133
  • Votes 89

@Will Menard Great Job Will! Want to see the pics but they are not showing up. Already looking forward to seeing your next project. 

Post: Newly purchased Jacksonville home stuck in probate.

James DickensPosted
  • New Iberia, LA
  • Posts 133
  • Votes 89

@Robert Rayford what area of Louisiana are you working in? I know where I am now the market is pretty slow but interested in what other areas may be worth looking in. I haven't started yet but hope to in the near future and it sounds like you are doing a good business. Rehab pics are nice too. Great Job!

@Aaron K. I'm pretty sure they should be able to make an adjustment to the code to fix that issue. I agree though that will be a problem. 

The change caught me by surprise as when I went to lunch is was one way and came back to the new way. I like change usually and I hope this one works for the better :)

Post: SOLD! $45,000 profit to start the New Year.

James DickensPosted
  • New Iberia, LA
  • Posts 133
  • Votes 89

@Omid A. Great Job! It's always good to see nice work combined with a nice check at the end of things. Keep up the great work and can't wait to see your next flip posted. 

Post: SOLD! $45,000 profit to start the New Year.

James DickensPosted
  • New Iberia, LA
  • Posts 133
  • Votes 89

@Anna M. For photos you need to use a wide-angle lens and a tripod (You can see a tripod leg in the shadow on the bathroom photo). DSLR would be the best but you can even get good shots with a phone with a snap-on lens and a tripod. Results will vary by phone type though. 

Also works well if you can remote fire the camera, that way you can get it into a corner and not have to stand behind it to shoot. 

Open all drapes and turn on all lights (see the Kitchen Photos)

Also don't be afraid to experiment with cheap external battery powered lights that you can use to light up a dark area. A flashlight and a paper towel tube can do some wonderful things :)

Last tip would be to use an area or grid exposure setting and not a point (center point of lens) This way the camera will try and balance out the lighting on it's own across the whole area and not just the center of the lens. 

Those should be some easy ways to improve your photos if you take them on your own. 

@Mindy Jensen as I was reading through this I was wondering why no one mentioned the book :) Glad you did. 

I have been reading my digital copy for the last couple of days (waiting for the hard copy) and it's great! A must for anyone considering investing out of their own area, with advice for anyone that can be used anywhere both local and abroad. David did a great job with it and I would say it's a must-read for any investor!

No I wasn't paid to say this either :D

Post: Master Lease template for rental arbitrage

James DickensPosted
  • New Iberia, LA
  • Posts 133
  • Votes 89

@Steven W. did you ever follow through with this and if so how is it working for you and for the person who leased from you?