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All Forum Posts by: Tomas Chao

Tomas Chao has started 12 posts and replied 119 times.

Post: New Member Introductions

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Welcome Emmanuel Ezike II Best of luck to you.

Thank you Don and Jeff for putting this together. It was very informative and educational. I'm looking forward to the next meeting. 

Post: Need a investor friendly Realtor near downtown Charlotte NC

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Ryan Battista Alex Franks has put together a very good list for you. That would be a great starting point
Welcome Ryan Battista Don Harris is a private lender in the Charlotte area. He is also a great resource. I would reach out to him. Best wishes

Post: Investor, Charlotte NC

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Welcome Rasheeda Green Others have told you about some great groups, I would like to mention a private lender for you. Don Harris is a private lender and a great resource for you. Best of luck

Post: Rehab in New Port Richie

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Hello BP Tampa My name is Tom and I'm from Charlotte,NC. I'm here in the Tampa area visiting. I come down here several times a year. I've come across a property in the New Port Richie area north of Tampa. I'm trying to calculate my repair costs and have not had to deal with a pool. I've come up with the rest of my repair estimate but not sure about the cost to reframe and rescreen a pool. Plus pool is lock and covered so not sure the condition of the pool. If anyone can estimate the screening and possible pool repair it would be very helpful. This is what I'm looking at right now ARV 215000 recent comps 225000-239000 My ARV is based on garage was turned into 4 bedroom That's a separate question would eliminating the garage and adding a 4 bedroom increase or decrease ARV? I decreased it. Repairs without pool are 25000 Roof, flooring, siding, paint update kitchen and baths. Cabinets look good might just need to update countertops Holding and closing 33000 Will wholesale for 90000 Any thoughts on my numbers and suggestions would be appreciated Thanks

Post: New member in Charlotte, NC

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Welcome Brad My suggestion is to get out in the community and meet fellow investors. There are REI meetings all the time in Charlotte. You can find several of them on meetup.com under real estate. Best of luck to you

Post: New 28-Year Old Future Investor in Charlotte, NC!

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Welcome Mike to BP and Charlotte. Best of luck to you

Post: Rental Property areas-Charlotte,NC

Tomas ChaoPosted
  • Gastonia, NC
  • Posts 124
  • Votes 45
Ok some specific areas are the 28210 zip code and 28209 Also just outside of Charlotte 28012 and Gastonia you will get bigger bang for your buck.
I'm looking forward to seeing this project Thanks Don and Jeff