James Smyth
Making an offer on a BRRRR
2 May 2020 | 6 replies
There is another offer that went stale from COVID that was in the "mid-300s".When I walked the property, I noticed a number of issues with the property that would come up at inspection at which time I would ask for a price deduct; I estimated this around $27k (needs boiler, new electric service, old foundation that needs demo, underground oil tank...)Should I consider those deduction in my initial offer or should I wait until we are under contract and allow the inspection report to bring them up?
Tristan Keady
Las Vegas Multi Family
26 July 2019 | 17 replies
LOL Please come buy those buildings and demo them for gentrification.
Paras Newbe
Need advise about duplex / fourplex in San Antonio, TX
13 June 2020 | 19 replies
The house was demoed and wide open and they recently got a bid of over 100k to finish it out.
Arthur Banks
Marketing "non-rent ready" properties
9 August 2014 | 12 replies
Earlier this year we were just past the demo stage when a lady came asking about our house.
Rafael E.
Than Merrill and Fortune Builder's Realeflow app
26 August 2014 | 12 replies
thanks.https://www3.gotomeeting.com/register/948275110according to the link:"New all-in-one real estate investor software DEMO w/ Than Merrill!
Ray S.
Contractor overages
6 January 2016 | 52 replies
You have not given many specifics, but if the work is truly unforeseen (like termite damage behind drywall that was exposed in demo), then its your responsibility and should you be OK with paying the costs and the delay.
Sandy Uhlmann
How much should I expect to pay for a SFH that has been fully gutted??
17 September 2013 | 5 replies
They are motivated to sell because the demo just became too time consuming with young children and they could use the money.
Belinda Lopez
David Corbaley's Command Lead System - any reviews?
29 April 2023 | 86 replies
Nevertheless, it is apparent from reading/searching for reviews on the system that the majority of users are simply not satisfied.The Investor Lion platform demo shown in the webinar is quite robust.
Brian Young
1 dollar houses
9 April 2016 | 9 replies
The city was saying it would cost them 8,500 to demo the houses so they were going to try and give them away in hopes someone would fix up the neighborhood!
Jose Gandulla
1800's Pennsylvania Home...Rebuild or Demo and Build New?
24 June 2016 | 10 replies
Normally I'm ok ( def not an expert) on determining repair costs and ARV but this one has got me stumped for several reasons; Asking price, Comps, whether to do a complete makeover of the home or demo the house and build a new one.Property in Question:Built 18606bd 3.5 bath2836 sftsits on 3.38 acres of landproperty concerns:Needs MAJOR upgrades: heating system, plumbing, electrical,roof,windows, walls,flooring, sunken floors in some rooms,major paint, appliances, kitchen needs full remodel, all baths need full remodel.Positives: House is structurally sound ( would recommend further investigation on this)the area is a very affluent rural area and property does have potential if done right.Comp #1Sold 4/28/16 for 389,000Built 19805bd 4ba 2753sftComp #2Sold 2/26/16 for 366,900Built 19554bd 2.5 bath2500sftARV of property 375,000 (average of the two homes that were less than 1/2 mile from property in question)These are the best comps I can come up with.