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All Forum Posts by: Larry Russell

Larry Russell has started 5 posts and replied 25 times.

Post: New BiggerPockets Book Launch: Invest in Real Estate with No (and Low) Money Down! Here's How...

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

@Brandon Turner  I forgot to mention the very powerful and beneficial "how to" tutorials.  Brandon's website development tutorial got me over my fear of website design and development. After watching his video it took me two to three hours to develop and post my website (www.russellkingdom.com).

Post: Financing a REO Flip

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

Other than Private funding, what's the best way to fund a flip? I'm new to flipping and will most likely find my first opportunity on the MLS. I'm hoping to kick-off my direct mail campaign in the near future to hopefully secure some good deals. My biggest concern is how to finance the flip once I find the right property. Should I get pre-qualified with a hard money lender? I have good credit and funds set aside for a down payment.

Post: New BiggerPockets Book Launch: Invest in Real Estate with No (and Low) Money Down! Here's How...

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

@Brandon Turner  @J Scott 

This week I purchased all three books to support BiggerPockets and to help take my REI business to the next level. BiggerPockets has helped me in so many ways; from learning the best way to rid my recently purchased condo of cigarette odors, working with @Jerry Padilla to help refinance my condo in my business name, listening to weekly podcast, and soaking up tons of useful information.  Thanks for all you guys do.

Post: Newbie from Greensboro, NC

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

Hello Shara!

Nice to see someone from the Triad on BiggerPockets.  There's a local deal makers session you should consider attending. It happens the first Tuesday of each month. In box me for more details. 

Post: LenCred (formally Hawkeye Management)

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

I would like to thank everyone for their input and @Wendell De Guzman I will definitely take your comments into consideration.  Thanks for the background information on the company.    

Post: LenCred (formally Hawkeye Management)

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

Recently, someone turned me on to Hawkeye Management company.  Hawkeye Management company connects small business owners with working capital to start and grow their business through the use of credit card financing.  

Is anyone familiar with them and/or have any experience with working with them with regards to using their funding techniques.

Post: A lingering cigarette smell

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

Thank you (@Joel Owens) and (@Marcia Maynard) these are some excellent suggestions.  Luckily it's only a faint lingering smell that's hopefully in the duct work.  It's strongest when you first walk thru the door and diminishes significantly as you walk through the condo.  It's really not terrible but definitely noticeable stale smell.  I would like to transform the place to a non-smoker/non-pet owner type unit.  The condo has great potential and I look forward to establishing a long-term tenant.

Post: A lingering cigarette smell

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

Thanks again, Joel.  I'm doing a Google search now and came up with at least one company thus far.  The ceiling is a popcorn ceiling that was repainted originally with a glossy paint to most likely cover the smoke stain.  My contractor repainted the ceiling with Kilz primer with no scraping or removing existing paint (pretty sure that was his method).  

Based on your feedback, I'm going to have the ducts cleaned first and if that doesn't do it, I will most likely have the ceilings redone.  I truly appreciate the feedback and I will report back when its all done and completed.

Post: A lingering cigarette smell

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

Thanks Joel.  My contractor supposedly used Kilz primer before painting the walls with two coats of paint.  I'm thinking about having the duct work cleaned but not sure where to go to get something like that done?

Post: A lingering cigarette smell

Larry Russell
Posted
  • Rental Property Investor
  • Whitsett, NC
  • Posts 32
  • Votes 6

I recently purchased a condo that was previously owned by a cigarette smoker.  I've repainted the entire condo and replaced all the carpet with laminate flooring.  But for some reason or another, there is still a lingering cigarette smell.  I'm at my wits end on how to eliminate the stale odor.  I feel the lingering odor will hinder me from finding a tenant to rent this freshly renovated condo.

Does anyone have any suggestions on how to eliminate the odor?