Daniel Hart
How to avoid liability if contractor is injured?
4 October 2011 | 9 replies
I can understand that some may say to hire someone with workmans comp only, but when hiring a handyman, landscaper, with a $50-$500 job it's just not realistic to expect them to have it.
Stephanie Anson
Feedback on staging for flip, please!
5 October 2011 | 11 replies
The landscaping in the front seems to be lacking.
Elliot A
How did you become knowledgeable in the construction/renovation aspect of flipping?
6 October 2011 | 8 replies
Linolium and carpet works wonders as does landscaping.
Chuck B.
Dear landlord pros... please evaluate my plan so far.
22 March 2012 | 22 replies
A lot of landscaping has been done since those were taken, porch was renovated, railings all painted, etc.
George P.
trouble renting one house
13 January 2012 | 11 replies
We painted ($1000) and will replace the carpet before the new tenants move in.However, after 100 calls, 3 price reductions and over 30 visitors, no applications yet.The house does not have a basement in a state where most houses have basements.However, it's:1. clean2. similar size to other houses3. great yard4. has 2.5 garage5. no dishwasher6. some landscaping in the front from the previous renters.7. fireplacei am at a loss on why we are having trouble getting applicants to show up.
Glenn Espinosa
Analyze 2nd deal
25 October 2011 | 14 replies
But I'm hoping good backyard landscaping and fence repair could offset the bad backyard view.
Jerry Maguire
Checklist of things prior to buying homes
1 November 2011 | 1 reply
Here's was my Pre-Purchase Checklist when I first started:Upon Contract AcceptanceEnsure Access to Property: * Make Copy of Property Key(s) * Purchase New Lockbox * Place Key(s) in Lockbox and Install at Property (hidden)If Certified Funds are Required for EM: * Get Certified Funds for EM from Bank * Submit Certified Funds to AgentIf Financing the Purchase: * Send Contract to Loan Officer * Provide Loan Officer Property Info * Connect Loan Officer with RE Agent Info * Have Loan Officer Schedule Appraisal * Make sure Loan Officer Knows Anticipated Closing DateDue DiligenceInspections: * Turn On Utilities for Inspection (water, gas, electric) * Schedule Termite Inspection * Schedule Property Inspection * Attend Inspection and Take Notes for “Scope of Work” * Get Final Inspection Report and Review for “Scope of Work” * Get Termite Letter/Pest Inspection ReportContractor Prep: * Create Scope of Work * Create Materials List * Determine Which Contractors Are Needed: * GC * HVAC * Roofer * Electrician * Plumber * Pest/Termite Control * Painter * Landscaper * Carpenter * Schedule GC Walk-Through(s) * Get Contractor QuotesPurchase Decision: * Perform Final Financial Analysis Using Estimates/Quotes * Perform Both Flip and Rental Analysis * Make Go/No-Go Decision on PurchaseUpon Contingency FinalizationFinal Purchase Prep: * Get Closing Date from Lender/Agent * Arrange Landlord Insurance Policy * If Financing, Connect Insurance Agent with Loan Officer * Follow-Up on Appraisal with Lender * Choose a General Contractor * Choose Sub-Contractors (if no GC) * Determine Exit Strategy * Create Rehab Schedule (if no GC) * Create Final BudgetPrior to ClosingFinal Loan and Closing Prep: * Obtain and Review HUD-1 * Obtain and Review GFE (if financing) * Ensure Loan is Ready for Closing (if financing) * Get Certified Funds for Closing * Determine How to Hold Title * Get Partnership Agreement Documents Signed (if partnering)Upon ClosingDay of Closing: * Get Keys * Change Property Tax Records to Home Address * Get GC and Sub Contracts/Docs Signed * Arrange GC and Sub Start Dates
Justin Lowe
first deal analysis
4 November 2011 | 16 replies
What about landscaping costs, drywall, plumbing fixtures, bathroom vanities, etc?
Jeff Sitti
"Hard Hitters" - Real deal investors...
12 November 2011 | 17 replies
My team consists of those who provide acquisition opportunities, my contractor/sub team which is my painting crew, framers, flooring installers, masonry guys, landscapers, etc., my RE agent who performs a lot of my upfront due diligence on potential acquisitions and also is teh agent who lists the properties for re-sale on the exit, my escrow company, my title company, my attorney, my project manager (in this case - he is my Brother), and my insurance agent.
Naga A.
I want to fire a property manager, but there is a problem.
12 November 2011 | 21 replies
August: Electrical, $75 service call.Sept: Exterior stucco repair $250.Oct: Landscape $150.My PM has a $500 limit before he has to call me.