All Forum Posts by: Matthew Paul

You will only get what someone is willing to offer . 

If you went over budget , there is a good chance you either over inproved the property  or you paid too much from the start . 

But it is the spring season , you may get lucky 

For Sale By Owner Sign is $45.00  you can always give it a shot .    It has worked for me in the past .    ( But the houses were not 7 figures )

Here in Maryland EVERYONE is complaining about super high utility bills .  Mine went up as well . First thing , it has been a cold winter , that contributes a lot to the increase . Most of those complaining have heat pumps , which dont work well in 8 degree temps with wind blowing . When this happens it moves to auxilary heat or emergency heat . This is expensive , very expensive , your bill can double or triple .  

Our rates are going up because they are closing coal fired power plants and going for more green energy , which costs more . much more . And we are importing more power from Pennsylvania .   

Had 2 tenants complain about their electric bills , I told them mine went up too . Dont complain to me , call your local politician or state rep , and the electric company . 

Just my thinking , maybe get a stat on rental listings  also 

Its not hard to start , its getting to the finish line is the difficult part . 

I am not a developer , But down the street from one of my properties is a town house development . Ten years ago they got it re zoned for high density , the neighbors fought it and it got delayed for 2 years . It was 3 or 4 years planning , applying for waivers etc . There was a hold up on sewer capacity , they found out they had to get an easement from the state to cross a state road , that took time . Site work took about 18 months .  So if you can handle the financing for all this until the builder starts buying lots and building , You should do well 

 My wife would think something is wrong if I was home at 5 pm .  If it snows I wont be home for 2 days sometimes .  Weekend work is emergency only and it gets billed out at double our rate . 

I have my list of sub contractors that I use on a regular basis . I dont need to pick up illegal day labor at home depot . 

If you are working as a sub for me , you are interviewed , background checked , proof of insurance , license , EIN number etc .

Sure hiring a illegal from a parking lot can be cheaper ..............Until they are not , they get hurt and file a claim against you , they screw up the job and it cost more to do it over than do it right . They steal from you . 

I do self manage my properties , And run a construction business .   Doing it the right way is cheaper in the long run . 

You can have good LUCK hiring guys hanging out at Home Depot , until you dont , and that can be very costly 

One of my neighbors runs a marina in southern Anne Arundel county . They have a large client base of DC workers . ( some real sweet boats there ) . He is getting calls from clients wanting boats ready as soon as possible because they are selling them . 

Could mean people are scaling back and preparing 

 Well if you think the guys hanging out at home depot are contractors . Good luck 

 $500K gets you a 1969 split foyer in a decent neighborhood in my area . And thats for something close to original . 

You can make the numbers work , but they will be close . 

 Those guys are not contractors , they are laborers .