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All Forum Posts by: Wyatt Drouin

Wyatt Drouin has started 2 posts and replied 7 times.

Post: House Hacking - General Tips

Wyatt DrouinPosted
  • Posts 7
  • Votes 5

Not the biggest tips of all time but you can save a decent amount of money painting yourself. 

1. If you pick a higher quality paint through Sherwin-Williams you can setup a contractor account first and save upwards of 20-25% off, or wait for a sale.

2. Medium to high grade tiers of paint have better coverage, as in you do not have to do two or three layers for a clean finish like cheaper Home Depot paint, lesson learned.

3. Always put primer paint on surfaces that are a noticeable color difference from the new paint you want or you believe will not take the paint well or evenly. 

4. Surprise tip for darker colors. Primer paint is normally white, but you can have your paint guys actually mix it to a closer shade to the color you want, to really make that cocoa brown or whatever really pop and show that true color well!

5. Also, always paint the ceiling first. Ceiling painter acts more watery and WILL splatter/sprinkle around and show up on walls, at least some of the cheaper ones I have worked with. That or just make sure to prep well. 90% prep, 10% painting seems to be the deal.

Good luck!

Well thank you kindly, what you have laid out does give me an idea to think about and work with. I do apologize for the delayed response, I never received a notification that anyone responded and assumed this was a hit and miss. Ill try getting into contact with a credit union there and see what information I can get together.

Hello and good day all,

My plan and issue is as follows.
I would like to move to South Dakota and buy a property to BRRRR. Getting the property, fixing it, and renting are all good.
My question is with the refinancing. From what I have gathered you are stuck with a minimum of 6-12 months of seasoning if you would like the refi to be based on a new appraisal price and not the initial purchase price.

So, my issue is if I fix a property in 3 months and its now rented out, what do I do?
I would like this to my be my full time job once started, but if I have all my money tied up in that property I cannot then move onto the next property. If I am stuck waiting for 3-9 months, that seems to necessitate either being an independent contractor for a while or go work for a company, which I would rather not do as it would be temporary and doesn't seem right just to start and stop on somebody.

If you need more information please let me know. I am just wondering if there is an alternative with financing or otherwise I have missed or not understood. Any advice is most welcomed.

Post: First Flip Complete!

Wyatt DrouinPosted
  • Posts 7
  • Votes 5

Just wanted to congratulate you on your success, you made life better for yourself and whoever ends up living there.

Thank you all for you welcoming words and offers, ill do my best to make the most of BiggerPockets and add back to it.

Post: Finding distressed property information

Wyatt DrouinPosted
  • Posts 7
  • Votes 5

The nerves tend to go away once your in the conversation for a few minutes and treat the person as someone you want to get to know. Hey, even if you fail you've done more than many people that want to get into real estate and that is try, something to learn and grow from with the right mind set. Good luck!

Hello and good day ya'll,

My names Wyatt and I am an electrician by trade, handyman by opportunity. I was bitten by the real estate bug two and half years ago after delving into the BiggerPocket books and more. I've since then been building up my skill sets and base of funds. As it is, I am gearing up to jump ship (California) in the next year and a half or less if I can get a good enough property deal. Still trying to get my head wrapped certain ideas concerning real estate, but I am always interested in learning more as it seems the best way for me to reach my goals of being able to afford a good sized family and actually spend sometime around them instead of 60 hour work weeks. If anyone needs any basic advice on electrical, tiling, drywall, moulding and work of that nature I would be happy to help as my abilities allow. 


My plan has been to specializing in live-in BRRR'ing, specifically multi-family homes and trying my hand at doubling the amount of doors I have at minimum each year once I get started. Also, any feedback is always welcomed, though that is probably more so towards my future posts as this is an introduction. Have a great weekend!