Quote from @Chris Seveney: Wanted to post and see if anyone has a GC recommendation as well as someone who could project manage a renovation project I have in Henderson NV.

@Chris Grenzig and @Mitch Messer, I really appreciate your responses.

Quote from @Chris Seveney: @Clayton SilvaI think you covered a lot of the angles - the answer is “it depends” - every person is in a different situation and stage of life and some may want to pay points and others maybe not.Right now I would not be buying down the loan knowing the fed will lower rates, which should slowly bring down the 10 year T which would then lower ratesFor me I would guess I would refi within next 3 years so I wouldn’t pay pointsIf I thought I was not gonna refi within 5-7 years then yes pay pointsGreat point, time of life certainly matters. 

Quote from @Chris Grenzig: @Nelisa Lee and @Andres Rodriguez we've bought 150+ units of MF in Jax and we still own and manage 51 units in Jax, and we also manage for other owners as well, fully licensed and insured.

Quote from @Chris Seveney: @Marcus WelsonTalk to your cpa but I am 99% sure you cannot write off that debt - as even though it’s assigned to you - you did not pay for itFor example I cannot buy a $500,000 mortgage that was lost to a tax lien for $10 and then write off $499,990 otherwise I know a lot of people who wouldn’t pay any taxesI could write off the $10 which is what I paid for it That is correct Chris.

Thanks Chris!

Quote from @Chris Seveney: Quote from @Jay Hinrichs: just a side note I get leads as well..

@Floyd Blackwill would recommend a chat with @Chris Grenzig.

Quote from @Chris Seveney: I agree in vacation / beach areas they are great but once you start getting into true residential neighborhoods I can see them being very problematicI think of course it depends so much on the neighborhood.

@Chris Seveney Thanks for the input and great advice!