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All Forum Posts by: Ursula Lovings

Ursula Lovings has started 2 posts and replied 11 times.

Post: Comparing Contractor Estimates

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

@Julie Garner This contractor texted me after I received the quote to let me know that materials are included.

@Quentin Ambrose Thanks for the feedback.  Based on conversations, I think it might be a little of #2.  

Post: Comparing Contractor Estimates

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13
I was hoping to get some professional opinions and expertise.  I have 2 quotes for renovation work on a house.  One quote has the items listed, shows the price of each item as $0 and then has a final total.  I have no idea what the breakdown of each item is, but the overall cost is reasonable.  The other quote has the items listed but with a breakdown price of each item.  The total is higher for this one.  
Is an estimate with no cost breakdown a red flag? I know cheaper is not always better.  I'm concerned with being hit with a lot of "unexpected" costs as the project starts.

Any advice would be appreciated.

Post: Looking for useful in person real estate groups in New York City area

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13
Hi Lisa. 
I'm an investor living in Brooklyn.  I haven't attended any meetup yet, but I've gone to a few local conferences.  Feel free to message me if you want to connect and talk real estate.

Post: New to Out of State Investing

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

Hi @Annwar Matani. Unfortunately, I don't have any advice.  I'm just here to say I'm in a very similar position as you, living in NYC.  Also considering Ohio, most likely Columbus.  The leap to OOS investing is scary, but hoping to do it soon.

Post: Meet-up or coffee chat in NYC?

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

Hi Kenji.  I'm in Brooklyn, with some properties in NJ.  I've started looking in Philly, as well.  I'd love to talk real estate with you.  

Post: House Hacking in NYC

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

Hi Demiss

I'm in Brooklyn as well and I'm currently considering house hacking.  I don't have any advice, but let me know if you want to connect and talk Bk real estate possibilities.

Post: Seeking Financing Advice

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

@Nick @Nick Hawthorne In Journal Sq area of Jersey City.

Post: Seeking Financing Advice

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

Thanks @Nick Hawthorne. Where is your condo in Jersey?

Post: Succesful Househackers in the NY, NJ, LI, CT area?

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

Hi @Quiana Berry.  I'm not sure I have any info for you, but I'm somewhat new to investing and hoping to form a support network.  I live in NY and have a few properties in NJ.  Feel free to reach out if interested in talking real estate.

Post: Seeking Financing Advice

Ursula Lovings
Pro Member
Posted
  • Posts 11
  • Votes 13

Thank you for the advice @Brittany Minocchi! I'm looking into a DSCR loan as an option. Have you done this before with success?

You're right, I definitely want/need more than $15k down.