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All Forum Posts by: Elliot A

Elliot A has started 3 posts and replied 15 times.

Post: How to save on Materials?

Elliot APosted
  • New York
  • Posts 15
  • Votes 0

Great advice in this thread! Thanks!

Post: Is the yellow letter worth it??

Elliot APosted
  • New York
  • Posts 15
  • Votes 0

Thanks for the idea Michael, I like the way you think!

Post: My flip foreclosed :(

Elliot APosted
  • New York
  • Posts 15
  • Votes 0

It's unfortunate, but you did nothing wrong. It's nice that you have a conscience but if you can make money again you should certainly take the opportunity.

Before I really dive into the waters I really feel as if I need to have a firm grasp on the construction aspect of this business. Unfortunately I have little to no experience in this field and I would really like to become a little more knowledgeable and gain some experience before I start a rehab project.

From all the stories I've heard of contractors overcharging for exorbitant amounts of money/stalling projects and draining money I feel as if the one thing I'm really lacking is knowledge in construction. Knowing how much to pay, what needs to be done in a rehab, how long each thing should take, etc. (Btw, I don't mean this post to sound as if all contractors are thieves, I know there are reputable and honest ones as well)

I was wondering how you all got started and if you could offer any advice! Thanks!

Post: Another SoCal member stopping by to say hello

Elliot APosted
  • New York
  • Posts 15
  • Votes 0

New member from Tarzana, looking forward to posting here and learning as much as I can. Any other investors in the nearby area?