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All Forum Posts by: Tommy Sessions

Tommy Sessions has started 6 posts and replied 57 times.

Post: Financing property with mobile home

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25
It is deeded. I know if it come to it we can pull it off there and finance and put back on (if makes sense financially).

Post: Boise Idaho Wholesalers

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25
There are far more wholesalers than I thought in the area. I am always looking for buy and hold rentals and flips. I am on some of your lists already like Cody Stone. I greatly appreciate the properties that come through those lists. Add my name and email to your list. Thank you Tommy Sessions

Post: Financing property with mobile home

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25
Does anyone have experience buying property with a trailer house on it? I’m looking to purchase a lot with a house and trailer house on it. We would pay cash initially but do a cash out refi after renovation just curious if anyone has had experience with getting banks to loan on the property with a trailer on it. The trailer is not on a foundation but has its own separate power pole. Thank you

Post: Financing a property with mobile home on it.

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25
Does anyone have experience buying property with a trailer house on it? I’m looking to purchase a lot with a house and trailer house on it. We would pay cash initially but do a cash out refi after renovation just curious if anyone has had experience with getting banks to loan on the property with a trailer on it. The trailer is not on a foundation but has its own separate power pole.

Post: Recommended contractors?

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25
Look up phi carpentry Chancey Sessions in Idaho falls. He is a contractor/realtor for Keller Williams he does some amazing work!

Post: Just Getting Started

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25

I am from the Boise area, let me know if you have questions around this area. I am no pro but have done a lot of research and continue to pursue my investing. 

Post: Advice on real estate market

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25

Clayton I would be interested in the duplex Info, not to steal it away

@Sean Salandy I actually have a plumber that bid a job for me and I kno materials only cost approximately $200 I got a bid for job at $1500. I asked how long it would take because I want to schedule flooring and he said no longer than one day. That's $1300 profit in a day! Not bad. So I asked for hourly rate. He told me $50 an hour. You can do what you would like on this situation but I went with hourly and paid for materials myself. Write off the materials and make him invoice me at finish of job so I can 1099 him. 

I would pay them hourly especially if they had multiple projects. I was saying concrete contractors "which is what my business is" because you have to sit around and watch it dry. I would say they need to give you an estimated time and you hold them the that. 

Get creative! Say if they go above the estimated hourly a then the pay will be $30 an hour instead of $50. Now this may be an issue if you are hiring an electrician to fish wire in a plastered home because this is an extremely hard project. 

Post: Boise, ID area

Tommy SessionsPosted
  • Caldwell, ID
  • Posts 62
  • Votes 25
Eric Wold I live right down the road from where you are explaining. If you want photos or anything let me know. I would have no problems helping you out. if you don't end up going with the prop I would love the lead.