All Forum Posts by: Nicole Pettis

@Account Closed spoke at one of our meetups awhile back. They were very knowledgable of the process. I highly recommend them. 

@Tarl Yarber

Thank you! I was just trying to figure out the "formula" per say. I know its not the best way, but it will help. Looks like I am averaging between $25 - $35 per sq ft based on my current subs/contractors.

Congrats on your success!

Congrats @Tarl Yarber looks fantastic!! Love the finishes. 

Quick question, how do you figure out rehab per sq ft? Sometimes when I analyze properties I have to be quick on getting the numbers together because of the market. So I can't always have 2-3 contractors walk the job and wait to get bids. 

Currently I'm working towards where you are with contractors. I have a few main guys, but because I work full time, I do have to have a more hands on GC, so that does up the cost of things. But when I switch over to doing this full time, I will run the crews.

Again, great job! 

Nicole

@David Miller

It will be great meeting you! Looks like it will be a fun happy hour:)

@Greg Smith and @Peter K. Sorry you can't make it. But we will have another one next month. I'll post that date soon!

Looking forward to meeting you @Sharlet Perkins and @Tim A. 

Just so you all know, we are on meetup.com under Brew City Real Estate so please sign up there as well, just so you can stay up to date on the latest meetings.

Thank you!

Totally forgot to put in the title, its the local Milwaukee Meetup! Sorry, its been a LONG weekend!

Its that time of year! Since we are all so busy for the holidays, lets just get together and network. Looking forward to seeing everyone!

@Ned Carey Unfortunately we don't have tax sales here. Milwaukee will foreclose on the home and list at fair market value when they get around to it.

@Robbie Knecht The information for tax liens & code violations are available on milwaukee's CCAP. That's the courthouse records. They have tax lien along with code violations info all on their website.

@Kevin Taylor

Those rules do apply for selling as well. You have to live in the property for a year before you can sell it. That's the whole purpose of the 203k, it's for owner/occupants. It's not a program for investors. 

Also I would get pre-approved for the loan to see how much you qualify for because there are two different kinds of 203k's & they each have their own rules. 

Hope this helps! 

Great job @Rachel Gill the row house looks amazing! No wonder it went so quick:)