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All Forum Posts by: Thripura Vemireddy

Thripura Vemireddy has started 20 posts and replied 63 times.

Post: Building spec homes as an investor for a profit

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

@robert Ellis 

Could you answer to my questions above

Thanks

Reddy

Post: Building spec homes as an investor for a profit

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Hi

The return seems amazing in this market conditions.

Would you mind telling

Does 258k include

Permit fee (soft costs…etc impact fee)

Loan cost

Selling cost(realtor, closing costs)

GC fee

Holding cost(tax, insurance, utilities..)

Thank you

Reddy

Post: Commercial land highest and best use Analysis?

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Hi

We are under contract for a commercial lot in north Atlanta area.

Looking for a company/broker we can give us the highest and best use of that lot in that Area.

Appreciate any help this regard.

Thanks

Reddy

7324239473

Post: Commercial real estate forum?

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

In bigger pockets I see all kinds of information related to residential investment (loan, tenant, issues, profit, problems, current market situation etc)

I want similar forum for commercial 

Reddy

thanks 

Post: Commercial real estate forum?

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Hi

Is there any website like bigger pockets for commercial real estate

Reddy

Thanks

Post: When to cut losses and pass on bad neighborhood?

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Sorry to hear that.

1. As it is on the market share the address, people will give better advice by looking at area stastics and pictures.

2. With this kind of experience any other real estate investment you do should be better.

3. Don’t let this fear stop you from investing, lessons learned and don’t make the same mistakes.

Thanks 

Reddy

Post: Expanding Strip mall

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Look for similar construction in your area and go talk to them and find  who the contractor is or sometime they put their board with their contact. 
them ask will they build for cost + fee

Thanks 

Reddy

I feel like we should have thumbs down, so that people will be cautious to reply.

Post: My First BRRRR Deal in San Diego, CA!

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Jon

Though it is Thin deal, the good point is you put things into action.

Tomorrow recession comes you can jump in easily with this  experience.

Post: Am I responsible for tenant's excessive water bill?

Thripura VemireddyPosted
  • Flipper/Rehabber
  • Alpharetta, GA
  • Posts 64
  • Votes 19

Hi

You can say there was leak and you fixed it and send the receipt of material to water company. sometimes they reduce the sewer portion of the  bill, which is usually twice the water bill.

Thanks

Reddy