All Forum Posts by: Rao V.

Hi,

I want to list my property as FSBO. What are some of the best sites. This is a multi use property so I will keep the price high to check the interest from investors. So a site that allows a listing for unlimited time with least charges and fees.

Thanks

Hi,

I am in discussion with a person who says he inherited a property. What due diligence do I need to make sure he is only one heir. Can I complete the transaction using a realtor or do I need to hire a real estate attorney?

Hi,

How do you decide if a flip is cosmetic vs fuill rehab. Is it the age of the house. the condition of plumbing/electrical? What do you factor in?

I would rather do cosmetic but I want to make sure the project only needs cosmetic stuff before I start. Is there a way I can do some test myself to make sure the flip requires only cosmetic stuff.

I know I can bring in plumber/electrician but being new in the game they always recommend changes and provide a hefty bid even if there is no need. For example one guy recently updated all copper with PEX which according to my mentor was not needed at all.

so that's why I want to learn how to determine if there is any plumbing or electrical issue myself.

Thanks

@Bill Devola

"Let the guys with the C-450's grade and hook up utilities. What you want to be doing is getting a use change. Or getting an area rezoned. That = $"

Sorry did not understood this part. Can you explain it further.

Thanks

Hi,

Is anyone here doing the land improvement business where they buy piece of land and spend money on land clearing, fixing slope, bring utilities etc and sell it to builders. Is there any money in it?

Thanks

To clarify the house will cost minimum 200k and I will bear the cost. If you look at it, essentially the land owner is financing the land for 6-10 months and he is expecting more than 100k when he gets paid. How much more should I offer. Outside of this deal he can easily sell the land for 100k, his interest in this deal is the fact that he can get more than 100k. 

Please advise.

Hi,

I know some body who owns a lot worth about 100k. I am considering building a new house on this lot. He likes the idea but all he has to offer is the land and nothing else. He does not have the money towards any construction related cost but he agrees to take the payment of his land once the house is sold. so in essence I am borrowing 100k from him for 6-8 months.

Can someone more experience suggest how I structure this kind of deal? 

@Ramon Gonzalez what do you mean by DEAL FLOW...Are you referring toa software. Are there any software that can help? e.g Dealeflow etc?

Yeah I know Ryland and I am planning to discuss with him. The purpose of this post is to get some ideas on how to go about this project. What has worked for other folks in the past and so on.

Hi Guys,

I wanted to check in this forum for some ideas for a project that I and my next door neighbor is contemplating. Me and my next door neighbor owns one SFH each. so together we own 2 lots and land is roughly 14.000 sqft.

These lots are going to be rezoned from SFH to MUR35 in coming years which means we can build mixed use commercial/residential upto 4 stories. I cannot disclose the address now but to give you an idea the lots are in shoreline, Seattle area and rezoning is coming as part of shoreline train project. These lots can have 1st floor as commercial and next 3 floors as residential.

The lots being on a busy street and there are about 100 feet facing street I think the first floor could be just commercial. 

So I want to ask experienced professional here that what are possibilities and how to go about it. 

One way I think is we signup with a developer and we provide land and they invest in construction/material and then we split the profit.

Also if there is somebody in Seattle area who would like to partner and discuss feel free to pm me.