All Forum Posts by: Kris L.

@Nic A.

I’d add an outlet tester. They aren’t expensive and can be quite handy at finding some hidden electric issues.

@Kwame Essieh

Can you not get a loan using the stocks as collateral? Selling them might have tax implications.

@A.J. D'Asaro

I must have been lucky. My first BRRRR was only 20% over budget and 30% late on schedule.

@Amey Phatale

I think Zillow’s stock decline has a lot more to do with their failed attempt to get into the flipping business than housing in general.

Houses in my area seem to still be solid.

@Terrell Garren

Well to be fair, are those 20 wholesalers good?

@Jacob Wiltshire

I would keep at least 1 tub in he house.

@Michael Plante

80/20 rule is a general rule beyond real estate. Essentially, it’s that the top 20% of people get 80% of the revenues, because of the qualities that made them top 20%.

@Ralph Francois

Well you get access to equity via a HELOC or a cash out refinance. Expect to own the place 6 months before those are available . I am unclear about your question on the FHA 203. Is the property in need of heavy renovation?

@Madeline Maxam

Well it would work the same way except you save a lot of closing costs on purchasing. If you do it right, you might even be able to do something called delayed financing to get the refi done sun 6 months.

@Adam Teshome

If your comps have central air, you might have to go with central air to compete. Otherwise I would have opted for mini splits if the square footage of each unit is your typical sub 1000.