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All Forum Posts by: Tim Davids

Tim Davids has started 8 posts and replied 96 times.

Post: HUD realtor showing limits?

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

So I'm to the point now that I'm looking at HUD homes and am ready to pull the trigger on one soon.

I have two realtors I'm working with. One to the East of me and one to the West. That way I'm not asking someone to drive 20 miles to show me inside.

So my question is do any of you do anything to compensate a realtor for showing you HUD homes over and above what they will get if you buy?

I feel bad asking someone to show me 20 homes when they really won't make much from the price range I'm working in.

Post: What are your favorite rental pricing & trends report sources?

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

forgot to mention rentometer has a paid "pro" version that gives addresses with last date listed and high and low rents and a lot more. $9 month or as low as $2 per single report.

Post: What are your favorite rental pricing & trends report sources?

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

agree with rentometer. I love that it shows nearby properties and their rents right on the map.

Post: How Many Do You Look At? Looking For Wholesale Deals Chicago S and SW Burbs

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

would you consider deals in NW Indiana?

I see deals above my budget from time to time in my area.

Post: Real Life of a Real Estate Investor

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

Wendell, 

I'd be interested in the homes in Indiana that are on the list you will be receiving. Feel free to text or email me when you get it.

Post: New construction (my house)

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30
Originally posted by @Account Closed:

@Tim Davids  I'd be interested to hear the builder's side of the story. That looks like it was a big project and he did what you asked (even doing some things a few times). If his work was so bad, you should have fired him... but you didn't. The fact that he "...made very little money on this project." is a tragedy for him yet you sound almost gleeful over this. 

Perhaps I'm misjudging your attitude; it's hard to be sure with writing sometimes. If so, I apologize. But I often read of people boasting about "getting something for nothing" and it always rubs me wrong. 

 Probably reading and not hearing makes it hard to understand the situation. 

Not a big project at all, a 1300 sq ft ranch on a crawl.

He only did what we asked after botching most items. His subs actually, not him. He not once saw crap workmanship and fixed it without us making him fix it.

If I spent the hours it would take telling you how bad they were you'd agree they were lucky they made zany money at all. 

Not sure where you got me as boasting to get something  for nothing. It cost us $170,000 and countless hours of our time inspecting and making him fix things. We even spent 6 man hours one Sunday night fixing twisted electrical wires during a flashlight to see what we were doing. 

Post: New construction (my house)

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30
Originally posted by @J Scott:
Originally posted by @Tim Davids:

The picture above is just one item of many we have found wrong with the house. It's a picture of a piece of an old chair cut to fit behind the bathtub spout. It's literally holding the plumbing. 

 Fire them.  Now!

 Just came back to this thread. Lol J Scott. We almost fired them several times and even had a meeting with the bank about it. Decided it would take too long to find contractors to finish the job but let me say my wife made them regret having taken her on lol. They made very little money on this house. She made them redo a ton of items including the shower tile twice. Replace hardwood with marble and lots of other stuff.

Here's a pic of final product

Post: NW Indiana fix and flip wanted

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

not a typo. Looking at three properties today actually. All under 20k.

Post: NW Indiana fix and flip wanted

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

no attached, thanks

Post: Conventional Financing, Mortgages 10k and up, With Up To Ten Mortgages!

Tim DavidsPosted
  • Real Estate Broker
  • NW Indiana
  • Posts 99
  • Votes 30

Jerry, do you lend on investment property or just owner occupied? 

If you lend on rentals send me a message please. My area had a decent supply of low priced rentals.