All Forum Posts by: Michael Plante

@Khaled Morad @Michael Plante

The last loan that my investor processed was at 5 points.  He was a new investor and a very tight deal.  I used 10 because it was easier but still got the point across that there are added fees to get the loan that can eat away at your bottom line.  I just wanted anyone reading this to be prepared.  I would rather them get a better deal and be excited than have a false hope of a deal to realize it all comes crashing down because of the fees and interest payments.   

I have been pouring over the BP podcasts for over a year now, but I am new to the forums, so hi everybody.

My wife, daughters, and I are considering a move to the Cleveland area next summer. We want to be nearer to my wife's family, and we are hoping getting started as RE investors will be more accessible there. 

Is there much work/demand for contractors in that area? Do you have a hard time finding contractors? How far out are they scheduled? Do you think it would be hard to get re-established there as a remodel contractor?

Hi there!

I'm looking to do something with the space but have been quite indecisive, hence I'd like to ask our community :)

The space is around 24' x 14'. The bars are around 8' in height measuring from the ground to the lower edge of the wood beams

I'm thinking about building a pergola for cheap (<$1k if possible) like below but would like some opinions on what to do with the concrete ground? Should I demo it and put dirt? What considerations should I take? 

I could also build a wooden deck but that would just cover up the messy ground. However, it would need to be anchored. 

Hopefully, I can get some input from you! If you've done this before, please let me know what it was that you ended up doing.

The location of this section is about 15ft away from the main house.