All Forum Posts by: Judy Lintus

Happy to hear there will be a REI meeting closer than downtown Houston.

I include inspection and appraisal fees in the rehab budget. My general rule is rehab budget for anything that comes up before refinance and isn't specifically listed separately on the worksheet. 

Just curious, why are there Loan Point/Fees of $3,000 if you are purchasing this property without a loan? Wouldn't all fees for a cash purchase be listed in Closing Costs?

As a seller, I don't have a preference. Cash in hand or financing in place - either works for me.  As a buyer, I definitely prefer to finance a purchase.

In what circumstances is it better to purchase with a cash offer? What is the advantage? 

To learn how to manage, you should read "The Book on Managing Rental Property" by Brandon & Heather Turner.  It's a must read if you want to self manage. Then you can decide if the management company is worth the money.

Hi Jay - I've used Chief Architect's Home Designer Software for years. If you just want to do layouts for kitchens, the least expensive product they have is "Interiors" for $79 and that should work fine. The one I currently use is the "Architectural" which gives me the options I want. They have a detailed Compare Products page if you want to check it out. 

Almost forgot - the software runs natively on either Windows or Mac.

I came across this many years ago.

"When people are asked if they want next year to be better, they all say Yes.

When they are asked if they want to change, they all say No."

Hi Connelly,

We just had an inground 16'x30' pool removed in March near Houston, TX. It was a "complete" removal, meaning ALL the concrete was removed from the site. Then the hole filled with dirt, the area was properly graded and sod put down. Used a landscape company for the entire job and the cost was $11,000. The job took 5 full days with a crew of 4-5 guys each day. It took quite a lot of calling around to find a company who did this kind of job. I understand you can remove just the upper 3 feet of concrete and then just break up or drill large holes in the bottom and bury it. It would cost a little less. Here, you have to disclose the pool removal when you sell. 

Hope this helps.

Judy

Next Summit (my ideas because I want it closer to me) Today is 4 Sep 2015

Main BP Summit: wherever BP is holding it

All other sub-summits:

example – the other 49 states each have a state summit with a live feed to the Main BP Summit for the BP speakers and the guest speakers.

Each summit location would have national booths and state/regional booths.

If each state is too many, consider regional areas, say about 8 in the US and 4 in Canada (dependent on the number of people interested in attending by region).

All locations would use the “Speakers” live broadcast schedule of the Main BP Summit and then do their local events around that. Just need to show on BP’s website for the summit, the time of each event for each of the time zones. See the sample schedule below.

Each event location (whether 8 or 60 locations) would have a head coordinator from that location who would be in contact with the main BP coordinator. Each location would probably have slightly different costs and each location would do their own sign up for attendees. This sign up would be cc’d to BP. They would have an overall list of attendees by location. Also, each actual location chosen for the local summits would have minimum standards to adhere to.

Each event location would set up their own local booths, meetings, local speakers (BP members) to discuss local conditions, to network, etc.

AT EACH LOCATION:

Each day of the event would have up to 4 hours of national speakers from the Main Summit.

Each day of the event would have up to 4 hours of their own local booths, meetings, local speakers (BP members?) to discuss local conditions, etc. (set up by the head coordinator for each location)

SAMPLE 2016 SUMMIT EVENTS (THIS LIST COULD BE EXTENED TO INCLUDE WORLD WIDE PARTICIPATION)

The “Speakers” events would be live broadcasts to all summit locations.

As far as cost goes, I have no idea. A portion of each location's earnings would go to BP, and the rest to pay for the location costs incurred, including compensation for the head coordinator's expenses and time.

Any excess funds could be saved to go toward the next summit.

What do you think?