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All Forum Posts by: Thea Linkfield

Thea Linkfield has started 16 posts and replied 92 times.

Post: General Contractor in Jacksonville Florida

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

I have a good Contractor in Jacksonville who is investor friendly. if anyone needs one, feel free to PM me!

Post: ISO wholeseller / contractor jacksonville FL

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

I have a good Contractor in Jacksonville if anyone needs one, PM me!

Post: General Contractor in Jacksonville, FL

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

If anyone is looking for a good Contractor in Jacksonville, PM me and I can refer mine to you!

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

@Karl B. that's actually a really good topic/question... I originally thought we wouldn't be able to 1031 exchange it... but now I'm wondering if we can. It's something I'll need to figure out.  I definitely need a CPA (if anyone has a good one in Jacksonville in mind...).

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

@Peter M. see above, didn't mention correctly!

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

@Jennifer Petrillo We actually did use a flat fee listing broker to list the house and the process was great. It was a little less than $400 as well and came with professional photography. I would highly recommend that route to anyone.

Also, i mentioned all the reasons we went through 4 closing periods in a previous reply!

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

@Monica George that sounds like an almost identical situation! Hang in there! The cosmetic stuff is WAY more rewarding and way more fun. The behind-the-walls stuff is boring and ugly. I actually wrote a blog about it on my website if anyone wants to check it out.

You'll get through it and it WILL be worth it!! I'm glad my story was able to help!

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

@Peter M. there actually was an ALMOST title issue. Because the previous owner actually died there is one hoop the lender's lawyers were supposed to jump through to do the foreclosure process properly. (Don't ask me what that hoop is, I'm not sure). Anyways upon closing on our end, my Title company found a flaw and mentioned we might have to go through the foreclosure process again, and I might have ended up losing the house. But he got a second opinion and that ended up not being the case. It was a scare for sure. The only other thing we had to do in the end was pay all of 2017 property taxes but we expected that. In the future, I will get a title search done to get a second opinion (I just found a company who will do them pretty cheap).

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

Here are some photos of us moving the front door spot. This was a crucial part of switching the whole layout of the house around because it allowed us to change what was the living room into the master bedroom and what was a third bedroom into the living room. This was the only way to do the open-concept because the wall separating the kitchen and the what was living room and what is now master bedroom was a concrete block wall. We were NOT going to take on taking down a concrete block wall. I was VERY nervous about switching the front door spot but it ended up being very easy because it turns out the "new" front door spot was already framed out because it appeared to be the original front door spot. 

Post: We made $35k on our first flip!! (But it took 12 months)

Thea LinkfieldPosted
  • Rental Property Investor
  • Jacksonville Beach, FL
  • Posts 97
  • Votes 108

"We" is my fiance, myself, and my dad. He was only boyfriend through most of the rehab, so I'm surprised he even ended up asking after all the fights ;) 

My dad contributed about half of the total capital and he came up 3 weekends to help. My fiance and I did the rest of the work. 

We did also contract out the granite countertops in the kitchen, but the cabinets, plumbing, flooring, drywall, lighting, paint, electrical, appliances, we did ourselves.