All Forum Posts by: Thomas M.

Why replace the entire window assembly?
Just replace the glass.
1 sheet of glass cost around $11 (cut) so 294 x $11 = $3234
Then you could have them tinted too.

Hey Lindsey,
If your going to be renting the home out, that's way too much to be paying for basic repair's. Find a good handyman to repair it on the cheap or find a good property manager. Those cost's going to eat up most of your profit's.

I bought the home and land.

Scott, Far as I know they will approve any home as long as it is safe to live in and pass inspection.

The 1 I got is alot nicer than some of the apartments they approve, that's what alot of applicants told me anyway,

Dick that's $40 more than I would get here for a 3 bedroom. If they paid $981 for 3 bedroom down here I would still would have asked for $600. The main thing is if you get a great tenant that will stay for a long time no problems, then it's great.

Dick, yes the amount they have listed is the rent they would pay you plus utilities.

Ex. Here they pay $933 for 4 bedroom, I ask for $600 rent and they accepted it.

Heat/air will have to be working, if you have outlets by sinks they have to be GFCI outlets, the light fixtures pretty cheap at lowes, I got 4 for like $4 a piece very easy to put in.

The window glass very cheap and easy to do too. I had to replace 5 window glasses during the rehab, it cost me like $40 - $50 dollars for everything.

Is it against rules to post email here?

Going by what you said, Your best bet would be to go with section 8, if the moulding just have chips in it just use a filler putty or joint compound (depending on what kind of moulding) then sand and paint.

The floors you could try and buff them out.

Hud has a list of how much they per county at http://www.huduser.org/datasets/fmr/fmr2011f/FY2011F_ScheduleB_rev2.pdf

I just went through the whole section 8 process this month and passed inspection, so I can answer any questions if you have any.

Yes Will totally agree with you.
I started going by this motto recently
"I'm not going to try it, I'm going to do it".

Yes Will that's sound advice, unfortunately I do not have the luxury of family and friends with any money to lend. I'll will continue hitting the lender's up.

My plan right now is to get a couple of more deals like my first then use 1 or more for collateral.

I also have a couple of strategies I can go with if that does not work.

In ending something is going to work for me I am not giving up.