All Forum Posts by: Rodney Morris

Can anyone give me a few names of good, at least decent, contractors or handymen in the kanawha valley area of WV?

The top recommended around here are booked way out and I haven't had good luck with others. 

I commend you both for getting out and following a passion for something that doesn't start with multiplayer or have a remote with it.

I personally do not think it is ever to early to start learning anything and interning is another form of education. Please don't count out furthering your formal education for the hopes of getting rich in real estate. Markets can crash but knowledge can never be taken away. Both can be done simultaneously as you seem driven enough. 

Good luck in your adventure!

i'm surprised they're not mentioned more but my vote goes to Everlance and Cozy. I haven't tried MileQ but Evelance performed better on my phone and i have never needed support. Cozy has been awesome and they have expnded their capabilities in the short time i've been using it.

Not trying to squeeze just hate giving money away that I don't have too. The only help with the other deal would be moving forward, I could go ahead and get the inspections but hate ding that with loose ends. I appreciate the info just never been in this situation before. Don't want to screw anyone or lose anything.

If the unit was "fixed" by a qualified tech on the first trip it should be as efficient as it was before the service call. Another thing to keep in mind if you review last year's bills is that utilities get random hikes in rates that usually aren't seen until high draw times like summer. 

I will say I just went through a situation on a flip that taught me something. The house was unoccupied and thermostat set on 75. The thermostat went out over a weekend and tried to run the heat and AC. My bill went from $40 to $450 that month and it was only about. 4/5 days running issues.

A little background:

I am a month into trying to sell my first flip. My original thought was to sell it FSBO, but found a multi family on MLS. Our bid was accepted but it was contingent on us selling the flip. We listed the flip with the selling agent hoping it would help ours sell faster and we could move on the multi.

The house has had several showings but no offers. We put the flip on Facebook marketplace and have had a ton of interest. No surprise lots of people are asking about selling on land contract. 

We have never sold like this but I am willing. No sense in the banks making all the money, they get enough of mine. However not sure how this plays with the agent involved. I have not spoken to him thought I would pass my questions here first so I know what to expect.

I currently own the house outright as it was purchased with a personal loan and rehabbed on a credit card.

Can (should) I ask for a reduced commission?

Any other items I should follow up on?

What's the best way to structure a land contract? 

Any help would be greatly appreciated.

Anyone ever confirm any meetup in the area? 

@Derrick E.

that's kinda funny, i have been looking to get into multi-family properties and keep ending up in the huntington area. there are tons of units in the Kanawha and Putnam areas but can't seem to break in. May start cold calling when i see "For Rent" signs. 

Hi Al,

been away for a bit myself. the website "meetups.com' shows a couple of REI meetings as well for the charleston area. unfortunately for as many landlords as there are around here it seems very few like to share. i would like to start networking myself.

Good Luck,

Rod 

some folks may not like the idea but a small loan to yourself from a 401K is an option. or self directed investing from a retirement account.