Ori Holzman
Calculating Construction Costs as a New Investor
19 June 2019 | 4 replies
I would try and find a general contractor that can at least give an estimate/bid for some of the specialized work (they will probably refer you to a plumber, roofer, electrician, etc but at least you will have ballpark numbers to get you started).
Jaron Walling
Found a roofing contractor - Now what?
22 March 2019 | 16 replies
Often roofers will hire humpers to load, unload, move stuff that are day labors.
Logan Hicks
New to Real Estate, lookin for guidance
5 October 2015 | 1 reply
Moved on to defense contracting, and finally started my own businesses.One of my businesses is a successful landscaping company, and I would like to evolve it into a property management company.I have spent roughly 4 years studying real estate investing, and I would like to finally move into making my first investments now that I feel that I properly understand the cradle to grave process of real estate investing.So far I have lined up the following:-Hard lenders-General contractors-Electricians, Plumbers, Carpenters, Floor specialists, HVAC specialists, Roofers-Mortgage and Insurance brokers-Attorney-30+ real estate agents-Web based database software for investment portfolio tracking-24x7 call center (intergrated with my landscaping call center)-Access to Pre Foreclosures-Access to a Bank that will let me have up to 10 loansMy Strategy:Purchase price between: 20,000-200,000Property Types: Duplex, Quadplex, Multifamily, Condos, Room rentingMaximum Purchase Point: 65% LTV, 55% ARVMinimum NOI: 10% year over yearLocations: Military Presence, DoD Presence, College Presence, Major Job Hubs20% Cash Reserves of Notes (2,000-20,000 per unit)8% of value of properties for repairs (4,000-16,000 per unit)3 years of taxes (1,500-6,000 per unit)3 years of HOAs (600-1,500 per unit)Exchange Strategies:-368 Exchange-1031 ExchangeStructuring:-S Corp Parent Company-LLC Holding CompaniesInsurance:-Standard GL, Flood, Fire, Natural Disaster, Tenant Insurance-Umbrella PolicyWhat Im looking for:Id love to have some guidance that could push me through the crawl, walk, run process into the Real Estate industry.
Account Closed
First Purchase
7 October 2013 | 6 replies
Example one roofer I use has put on 18 new roofs for me mostly on foreclosed houses.
Nick J.
4 lessons in Short Sales You should NEVER forget
29 October 2010 | 25 replies
Pointing out areas of the business that are critical and wise choices need to be made can help many others avoid the mistake.I hope that you are able to obtain the financing you need so that some bridges can be mended and fewer people feel the pain of this experience.
Jerry LoCoco
General Contractor Insurance Policy Limits
29 August 2013 | 11 replies
Wise move on the roofers.
Antoine Martel
Rental Property in Tampa
17 March 2021 | 19 replies
My roofer is building a new home in Riverview with his brother.
Account Closed
Renovation Cost and Heart Attack
4 May 2020 | 15 replies
Good roofers are prett competant at estimating jobs.
Justin Eaton
Home Inspector vs. Flipper BEEF! (with pics!)
16 July 2018 | 14 replies
Roofer installed a third layer of shingles over two existing layers.
John Moon
Buying a 86 year old home but has been recently updated
17 October 2016 | 4 replies
Every roofer can slap tar to fix a hole but that doesn't make them a slate specialist.