All Forum Posts by: Nick Cantey

Welcome! If there’s anything I can do to assist you please let me know. 

@Brian Boyd Thanks for the mention! Wayne, feel free to reach out to me on here and/or send me a message and we’ll set something up to talk about your investing strategies and how I may be able to help you. 

Hey Brian,

I’m a Realtor and residential contractor in Knoxville. Message me and we’ll see how I may assist you. 

@Account Closed I’m a contractor and realtor in Knoxville. I do quite a bit of new construction and flipping in Knoxville. Direct message me on BiggerPockets and I can give you some suppliers, or my go to supplier for most of those items. Plus I’d be happy to help from the Realtor side too for information on comps and pricing to sell taking into account your total investment. I’ll look for your message. 

@Kendra Ellis it’s definitely good to see another CBWW team member on here. We should definitely get together and talk RE investing. I love the tools and access we have too. It’s the main reason why I took the opportunity to join the CBWW team. Send me a message and I’ll get you my cell number. I’m always looking for opportunities and contacts when it comes to RE investing. 

@Jeremiah Mendoza I’m a residential contractor in Knoxville. I’m also a real estate agent with Coldwell Banker Wallace & Wallace in Knoxville too. I specialize in full home renovations, and have also done a couple of custom new log home construction in the roane county area. If you need some help, or would just like for me to do a walk through on some of your potential properties then I would be more than happy to help you there. Just message me and let me know how I can help you. Thanks!

It would depend on how far committed you are to the property so far. I would talk with the sellers to find out to what extent they would be willing to let you have the lot tested prior to purchase. I’m currently in a similar situation in west Knoxville. I’m purchasing a lot in the Deane Hill neighborhood and discussed with the sellers that I was willing to 50/50 for a land survey and soil survey. Knowing the area, the demand in the area, and the neighborhood comps I know that any thing short of a potential sink hole issue, and the lot was a no brainer. All of these terms were contingent on my 50/50 portion being converted to earnest money in the event that they were to accept an offer from me. I would recommend that you push for the appropriate soil surveys (also land survey) to make sure that the rock you’re dealing with would me minimal in the desired build locations. Otherwise I would be extremely careful when dealing with rock. The septic systems are fairly straight forward and can range between 4500-6000 dollars per unit supplied and installed. The well system is another matter entirely. I’ve estimated them before where they can exceed $10,000. It all depends on depth, undulation, and footage to run said water. If they agree to the surveying and testing it would be worth the 400-500 dollars to find out if you are about to lose your butt, or if it’s a good deal. Just as a point of reference to my experience. I’m part owner in a residential construction company that has been active for 10+ years, and I’m also an estimator for a national log home building company located out of East TN/Knox, so I’m fairly experienced in the cost of build area. I’m also a soft wood lumber salesman for the east TN region supplying 2 x materials and other boards from the southeast.