All Forum Posts by: Virginia Jones

I recently bought a rental house that has ungrounded outlets. I have three options I can choose from: Replace the illegal 3-prong with 2-prong, replace all outlets with ground fault outlets, or rewire the entire house with a ground wire.

if option 3 is best, do I have to get a licensed electrician to do it?

thanks!

In the inspection report of the rental house I'm about to buy, it states that the outlets are not grounded. is this a diy fix or does it require a professional?  if so, what is the ballpark cost?

also, the roof above the garage and enclosed porch is flat and just has tar paper on it. how hard is that to fix?

thanks for everyone's insight

In the inspection report I received on a home in in the process of buying for a rental it states that the outlets are not grounded. Is this a diy project or will I need a professional and if so how much would that cost ? Also, above the garage and screened in porch there is just tar paper on the roof. Did someone just not finish the job and is that a quick fix?

In the inspection report I received on a home in in the process of buying for a rental it states that the outlets are not grounded. Is this a diy project or will I need a professional and if so how much would that cost ? Also, above the garage and screened in porch there is just tar paper on the roof. Did someone just not finish the job and is that a quick fix?

Is it beneficial to be licensed just for investing purposes? Ex) knowing what comes on the market first and accessing homes quickly?

I am interested in getting my real estate license. I would also be keeping my 9-5 banking career. is this possible to do?

could anyone refer me to any real estate school websites?

@Account Closed I think I used a template on BP as a baseline of what categories I should include, but I had taken a small business class in college where we had to write business plans so I got some ideas from that as well.

I posted this a few minutes ago and the link didn't work. I've since added the business plan to my finance blog. 

Please feel free to take a look and let me know your thoughts. 

Also feel free to look at some of my other blog posts!

https://vreasor.wordpress.com/2016/11/14/rental-pr...

Hello everyone,

I recently made an offer on an REO property and it got accepted! Closing in 30 days.

Attached is a business plan I created for myself a couple months ago. I would appreciate any feedback or comments you all may have.

(i'm hoping the link works. it's in pfd format so i wasn't sure how else to put it on here)

https://mail-attachment.googleusercontent.com/atta...

I made an offer on a foreclosed property. It's been foreclosed for two years. Water and power off. I'm wondering how I can be sure the water and power is functional before it's mine. I don't want to buy it and then there's a major problem that was impossible to know about.