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All Forum Posts by: Rajagopalarao Paidi

Rajagopalarao Paidi has started 8 posts and replied 22 times.

Post: Can I purchase a house with Foundation issues for Flip

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

Thank you all for your inputs and sharing your experiences, appreciate it

Post: Can I purchase a house with Foundation issues for Flip

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

How much value goes down for a house with foundation issues, found a house for FixNFlip, they mentioned it has foundation issues and they got them fixed, but whats the value reduction from market price , How safe it is to purchase house like these 

Post: Advice on entering the fix & flip industry

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

I have not seen any deals with this much spread like rehab+pp/.75, is this still valid and expected, because I have not come across any in this range 

Post: How to avoid or minimize Agent costs

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

Thank you all , very good responses, appreciate it

One question, can i list in FSBO as well as with an Agent ? which ever comes first ?

Post: How to avoid or minimize Agent costs

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

Is there anyway to minimize or avoid agent costs, I don't have much scope for profit if I pay agent costs, what options typically one has

Post: House Flipping Insurance

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12
Quote from @Jason Taken:
Quote from @Chengning Yang:

What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.


 kris over at anderson agency is solid. we use him for all of our policies. 


 If we go with any GC then we don't need insurance during REHAB right ? if we choose sub contractors for each work and we manage all the work independantly then need to take insurance is that correct ? 

Post: House Flipping Insurance

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12
Quote from @Chengning Yang:
Quote from @Jason Taken:
Quote from @Chengning Yang:

What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.


 kris over at anderson agency is solid. we use him for all of our policies. 


 Thanks! 


Post: How to know my property a good candidate for ABNB

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

How to know If I can list my property on ABNB, don't know if i get any guests on this area? how to decide ?

Post: Any recommendation on forming out of state LLC or Home State LLC

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

Thank you , Great explanation, gives me confidence.` 

Post: Any recommendation on forming out of state LLC or Home State LLC

Rajagopalarao Paidi
Pro Member
Posted
  • Posts 22
  • Votes 12

Thank you