All Forum Posts by: Michael Mastantuono

Hello, looking for recommendations for either actual staging or virtual. property located just west of downtown Indy. Thanks. 

Hello, I'm an out of state investor and about to launch a str in close to downtown indy. I need someone that can help stage the place properly so I can have pictures taken. Furniture is already there. Just a matter of putting everything in the right place. Any suggestions would be appreciated. Thanks. 

Hello, any recommendations on books that can help you run your own Flip? GC's are usually worth it but I think there margins are also a little crazy. Was thinking about running a project myself. Thanks. 

yeah looking for say 70-100k for around 6 months. 

I own the asset but with rates being so high, I can't see also taking a portion of my initial investment back out. 

Hello, commercial rates seem crazy right now. curious to know what everyone is paying for commercial rehab loans. 

Is anyone using cost estimating books or software to estimate construction costs on their flips? 

I need it for the rehab budget to supply to the lender.

Or, are you mainly just going off of bids from contractors?

I'd also like to have a way to budget different scenarios like adding a bathroom, or finishing an attic, or adding a garage. 

Thanks. 

thank you. that's what my instincts were telling me. but being new to this i wasn't sure if i was going to cause a problem or stress them out more. 

will this help with this problem: 

I recently purchased a house from a wholesaler. all taxes an liens were cleared during in title. However, part of the agreement is that the previous owners get a 6 month lease back (which i was compensated for from wholesaler and previous owner out of escrow). What is the next step i should take to try and ensure the now tenants will be out by the terms in the lease agreement they signed? Should I send a letter or email from my LLC re-instating the terms? There is also possibility they will be out before the 6 months but probably not likely. As soon as they are out I can begin rehab on the property. I was even wondering if it would be worth it to contact them and see where they are in there HUD process to qualify for affordable housing. Maybe it would be worth to give them an added incentive to move sooner. I paid cash for the house so I'm not paying loan fees, just taxes and insurance.

I recently purchased a house from a wholesaler. all taxes an liens were cleared during in title. However, part of the agreement is that the previous owners get a 6 month lease back (which i was compensated for from wholesaler and previous owner out of escrow). What is the next step i should take to try and ensure the now tenants will be out by the terms in the lease agreement they signed? Should I send a letter or email from my LLC re-instating the terms? There is also possibility they will be out before the 6 months but probably not likely. As soon as they are out I can begin rehab on the property. I was even wondering if it would be worth it to contact them and see where they are in there HUD process to qualify for affordable housing. Maybe it would be worth to give them an added incentive to move sooner. I paid cash for the house so I'm not paying loan fees, just taxes and insurance.

Hi everyone,

I recently purchased a house from a wholesaler. all taxes an liens were cleared during in title. However, part of the agreement is that the previous owners get a 6 month lease back (which i was compensated for from wholesaler and previous owner out of escrow). What is the next step i should take to try and ensure the now tenants will be out by the terms in the lease agreement they signed? Should I send a letter or email from my LLC re-instating the terms? There is also possibility they will be out before the 6 months but probably not likely. As soon as they are out I can begin rehab on the property. I was even wondering if it would be worth it to contact them and see where they are in there HUD process to qualify for affordable housing. Maybe it would be worth to give them an added incentive to move sooner. I paid cash for the house so I'm not paying loan fees, just taxes and insurance.

Thanks.