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16 September 2017 | 4 replies
Materials were very difficult to get, and there weren't nearly as many impacted homes as in houston.
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5 November 2017 | 59 replies
In fact, very rarely do I find Investors from BP promoting the way I invest.
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13 September 2017 | 2 replies
The main concerns that come up right off the bat are timeline and quality of materials/work done.
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20 May 2021 | 63 replies
The ARV ratio is 40% and is in line with the data we found during our due diligence process.November 2018 Investor UpdateNOV 21, 2018For the Atlanta Luxury Property Rehab - Final Tranche investment: There have been no material changes to the status of this loan since last month.
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21 January 2018 | 12 replies
@Manolo D. we were definitely happy with the overall outcome. the GC we used did a great job. we plan on using his crew again on our next property if possible. however, I'm guessing you're referring to my other discussion about rehab costs from my contractor. we were happy with the outcome of this project but I don't have anything to compare this to. the fact of the matter is we don't know if his prices were fair for the market. we were in very unique circumstances on the last project where we had flexibility with our budget, so even if he charged more than the competition we still came out on top. moving forward we need to know more details. we are currently making offers on properties in need of rehab and we're using this GC's quote to help us budget for our max offer. if we can use him and still make a competitive offer then we will but we are getting beat by other offers. we just need to analyze all factors to see what we can change in order to compete. the two main concerns are that we are up against other investors making cash offers so they have no loan contingency and no mortgage payments inflating their holding costs, plus they probably have cheaper labor and material costs. so, we're just trying to analyze everything. our GC did a great job, only went slightly over budget compared to his original estimate, but we did plan for contingency and I ended up doing a lot of the work, so we were overall under budget, and he offered the quality of work we were happy with.
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16 September 2017 | 10 replies
You don't use your car to haul building materials in you use your pick up truck.
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1 November 2017 | 9 replies
(And just in case you were wondering, I'm not promoting myself in the least with this post, as I personally don't engage in general brokerage outside of immediate family/friends.
2 January 2019 | 8 replies
I'm developing land in Redding, CA. 21 homes total, and wondering if anyone has advice or connections on getting the best deals on materials, appliances, things like fireplaces, ceiling fans, basically anything and everything that goes into a house.Looking to use a little hustle to build these houses piece by piece, getting great deals while keeping our style intact.Looking forward to any help I can get!
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15 September 2017 | 10 replies
If a sellers agent is aware of any material defect, they most certainly DO have to tell a buyer, even if the seller directs them not to disclose.
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15 September 2017 | 5 replies
I learned the hard way that two heads are better than one, and I've been looking for a partner but none has materialized.