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All Forum Posts by: James Vermillion

James Vermillion has started 17 posts and replied 2678 times.

Post: St. Louis/ O'Fallon MO noob jumping in

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Welcome to BP Chris. What a great set of skills and experience to bring to the table as an investor. Those skills combined with all the information and resources here on BP (forums, blogs, podcasts, etc) put you in a great position.

Post: Grrrrr!....Trespassers & More Trespassers!!

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Shane Woods

Originally posted by Shane Woods:
The portable alarms that home depot/lowe's have are great. Don't remember the brand name off hand. j Scott and others have mentioned some of them. Theure motion activated and loud as hell. Great for inside vacant rehabs.

I believe LaserShield is the brand JScott has mentioned several times.

Post: I Need More Private Money

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Lauren,

Please go up to random people and ask for a bag of cash...but make sure you film it and post it to BP for our entertainment :)

I have had more offers lately from friends and family and I believe a lot of that is attributed to social media. Once I started posting more about our projects, people friends and friends of friends started calling. Aside from that, talk about real estate investing...A LOT!

There as some impressive fund raisers around BP, so hopefully they will chime in.

Another BP milestone! What is next eleventy-billion forum posts? Congrats!

Post: Refinishing hardwood floors

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Jon,

We have refinished the floors on several projects and some of them were in pretty bad shape. As Prashant said, the sanding can improve the floors more than you think. If you need a somewhat dark color to help cover up stains even after sanding, go as light as possible (a good floor re-finisher should be able to get this right).

Our floors generally take 3 days. We used dryers so they could get multiple coats in a day, but I doubt that will be necessary in TX this time of year.

Originally posted by Tevis Verrett:
Kay March be careful renting to military personnel. If you have to evict, it takes an act of God, as the courts (at least in CA) will slap down your landlord rights.

YMMV, check the laws in your state.

Vet him carefully, and check with previous landords.

Good luck,

Tevis

Wow, Tevis Verrett, this is the first time I have heard anyone say this. Sure, evictions might be difficult, but are aware of some of the benefits of renting to military personnel. First off, your chances of getting a great tenant are probably higher with military than the general population. While evicting might be more difficult, the chances of having to so are far less. Why? As Matt Devincenzo pointed out, commanders do not like hearing about service-members not taking care of their obligations, and the military is able to step-in.

I am glad me nor none of my friends had issues finding landlords that saw the benefits, because most of us rented for 3-4 years at a time and the place looked like new when we moved.

I would rent to military renters any day!

Post: Grrrrr!....Trespassers & More Trespassers!!

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Here are some ideas I found in a previous thread about property security

Hopefully that helps!

Post: Newbie from South Florida

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Welcome to BP Nathan! I just got off active duty AF last summer. BP is a great resources with several tools at your disposal (forums, blogs, podcasts, fileplace, and more), so make sure you spend some time to familiarize yourself with site and its offerings.

Good luck to you and let us know if you can't find what you are looking for.

Post: Newbie from Chicago Illinois

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190
Originally posted by ***********:
Kenneth Goldman Welcome to the crazy fun online party that is Bigger Pockets.

Welcome to BP and I agree with ***********, we keep real estate investing fresh around!

Post: What should I do with this kitchen?

James VermillionPosted
  • Lexington, KY
  • Posts 2,920
  • Votes 1,190

Our painter does a heck of a job painting cabinets white, and has saved several sets of cabinets I thought we would have to get rid of (you can see pictures on my site). It is amazing what that and some brushed nickel hardware and pulls will to to dress up some cabinets.