All Forum Posts by: Tony SanFilippo

Congrats, keep up the good service to investors.

@Adam B.

Merry Christmas!

@Mark Ferguson

Sounds like you have been very successful, congratulations. Quick question. How do you feel about buying buy and holds in Denver's market that is already grown to a higher level than the real estate bubble in 2007? I have been staying away from buy and hold because I thought you are suppose to buy low and sell high. But I can not seem to sell my rentals that I purchased in 2009 either, because the market just seems to keep going, even though it has slowed down. It is crazy here in Colorado. What states have you thought of buying more property, I as well have thought a new market may obtain better ROI?

Nice job, how long did it take to complete?  I am sure you have added value to the neighborhood!

Congrats and good job saving the house from the state.  Was it an assignment deal?

Buy Price $349K

Fix up rent $5K

Fix up Flip $15-25K

ARV $450 or more depending on finishes!

2010 Appraised at 390K Before Upgrades:

Within the last three years.
All new roofs house, shop and sheds.
New skylights.

Stamped concrete front patio.
Exterior paint on house shed.
New carpet & flooring.
Paint throughout basement, kitchen, dining room and living room and upstairs bath.
New counter tops in kitchen.
Refinished cabinets in kitchen..
200 amp electrical service, shop has 220 volt for welder etc.
Shop heater and a gas line stubbed to the corner of the shop.

Email Tony for more information!

[email protected]

Great move, everyone starts with the first step!  Now keep up the good work!

Well, there are many things to look at when becoming a new home owner.  Since it is fall, lets talk about properties in cold states.  The freeze is coming.  Are you ready?  Winterize your sprinklers, swamp coolers, unhook hoses and insulate hose bibs!  

Inspection items are another important thing new home owners need to ensure were fixed.  For example if when you purchased your new home/rental, did the inspection have any drainage issues?  If the land next to the property does not have one inch of fall per foot for the first 3-4 feet from the foundation, you could have future foundation issues that can cost 10's of thousands of dollars.  Gutters with no down spouts, or leads, can cause foundation damage as well.

Down south, termites are a big issue.  If termites were found make sure you treat them 

immediately if you didn't negotiate that prior to purchasing the property.  Were there any roof issues?  Leaks can cause other big issues that can grow out of control.  Black mold may form is leaks are not addressed ASAP.  Same goes for plumbing leaks, even not so obvious leaks like a wax ring on a toilet, may have a very small leak.  Use your foot to see how strong the floor around a toilet mounted to a wood floor.  If it has been leaking, the floor will often be soft and flex when pressure is applied.

That is a good start.

@Curtis Thompson

I like it, keep the faith, and never give up!

Sales Director for high tech / Internet business and owner of my own marketing company.  Full time real estate since 2008.