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All Forum Posts by: Manolo D.

Manolo D. has started 45 posts and replied 4269 times.

Post: Mini Splits companies in Los Angeles...any recommendations?

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Call HVAC companies.

Post: Unknown non-renters staying in my 4-family's basement. What now?

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
A perfect thread of a bird’s eye view on out of state investing issues.

Post: Rich Dad, Legacy Education/Elite

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Pamela Mallory Sorry to say, your post is nothing interesting at any point, ar least in my opinion. I paid my masters and bachelors education out of pocket, and I too am not using it as I have my own business. However, in times when times and life hits me, it is a good resume to get a higher paying desk job than flipping burgers, nobody can remove it from me, not anyone, nor anything! What can you do with an Elite certificate from the gurus, can you attach it in a resume and call it an accredited education? I mean, really? The education you got for 40k ehh, ok maybe 100k, would be a fortune to others, you can’t take a 100k debt while earning 50k a year and then expect to get an approval from the banks without grinding the pavement and getting an amazing deal! Ok, question just to feed my curiosity, how long did it take you pay off and ar least double your initial educational investment? i.e. if you paid them 100k, and paid $30/hr for all uour time spent, say 1,000 hrs searching for deals and grinding, how long did it take you to NET 260k?

Post: Best way to deposit 300k into a bank account

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Loren Becker Why do you want to wait for next time? Give them a call and they should iron them out quick, in 24 hrs or less.

Post: Licensed GC for hire, San Diego County

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Elaine Hester I agree, there are lots out there that can work with a budget, I do believe that it’s best that clients send the plans out then give out a budget and ask for a go or no go. I mean if you’re contract docs/plans are complete, then it shouldn’t be an issue of them following it. Just a hint, the good ones have too much backlog, and if their subs are good, those are too; so if you want to get the tight budget and quality, you may or may not have to sacrifice time.

Post: Include appliances or not in rental?

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Wow, all appliances with dishwasher and W/D for 1500/mo, lol. i can’t even get an apartment that low, not a 1-bed in a decent neighborhood. On a rental, maybe just dishwasher, stove, and fridge. The big bulky ones. In SD, most have W/D for +100-200/mo more. They cost about 800-1200 combo anyway.

Post: Estimating Repair Costs for Fix and Flips

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
John Woodrich Specialty stores have higher prices as they are more professional to deal with and carry everything especially on commercial/industrial sector, higher quality and all that. They also offer the best discounts and way less if you do volumes and a great sales rep. One paint store gives me $120/5 gal (10-15% disc) while another is $60 (55% discount) same best quality per company. With regards to contractor saving time and clients penny pinching materials, if you have it not deliver on site, then it simply means that you are paying for logistics on the contractor side, a trip and wait to home depot is about 1.5 hrs, while a call and delivery fee from supply houses is about 5-10 mins and $0-50/delivery (most are free or below $30 on my end). Of course contractor wins, just like investors win, it’s not only investors that eat and keep lights on.

Post: Estimating Repair Costs for Fix and Flips

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Or just buy J Scotts book on estimating

Post: Need help with how to fix a French drain

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Pretty easy fix, google it

Post: Best way to deposit 300k into a bank account

Manolo D.#3 Contractors ContributorPosted
  • Contractor
  • Los Angeles, CA
  • Posts 4,365
  • Votes 1,248
Loren Becker Have your bank call the issuing bank. I had that problem on my first few months in business, 21 BUSINESS days to clear 2 pcs 100k check, called the call center and explained my situation, needed to pay my bills on time and etc, maintained my patience for the duration of the call, they verified the issuing bank, made sure check was valid and money was on hold towards them, they then adjusted my account to overnight clearing, ever since that call, all my checks are cleared overnight except non-working days.