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All Forum Posts by: Ryan Diaz

Ryan Diaz has started 1 posts and replied 2 times.

Post: mistakes on my first house: 1 of many

Ryan DiazPosted
  • Lexington, KY
  • Posts 2
  • Votes 0

I never do anything "under the table" for this very reason. A text may possibly hold water in court (or may not, depending on the judge) but are you really going to pay the court costs and deal with the headache over this? Second mistake I see is texting. I never text my GCs when there is a problem. I call them and get them on the phone ASAP, or face to face if possible. Many times you get what you pay for in this business, that guy agreed to do a discount job and you got discount results. I'm with @Justin Tahilramani on this one, do what you can to get the work out of him and then politely let him know you will never be working with him again and will be leaving a bad review wherever possible, if that doesn't work cut your losses with the guy and move on. Sounds like work you could do yourself to recoup some of the loss. 

Post: Old houses, anyone had success?

Ryan DiazPosted
  • Lexington, KY
  • Posts 2
  • Votes 0

Me and my partner have completed two flips in our farm area and are currently in between deals in the market we know and trust. Been looking at some surrounding towns which are small but have great deals on old houses. Found a couple of deals with market research and numbers to back them up but the flips we have done have been newer houses, both in the 1950-1970 range. Anyone have experience flipping older houses? Seeing a lot of plaster and odd joist placements on walk throughs, lack of insulation etc. What sort of problems have people run into with older houses? The deals we are looking at are both early 1880-1900s remodels that have been foreclosed on and need minimal cosmetic work.