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25 July 2016 | 2 replies
Just bought a multi-family property and have a tenant group paying $300-400 below market with a dead-basic 1 page written lease about to expire but claim to have a 12 month verbal lease extension with the previous owner at same price...Rents are low (about $1450, should be 1750-1850) and I want to raise them but they (and seller) claim they agreed to another 12 months, which is supposed to start in about a week.For emphasis, there is nothing in writing regarding an extension.Furthermore, none of them were screened by the seller (I think they'd agree to a background check).I want to do some repairs including painting and remodeling if they agree to an increase, but don't feel it's justified at the low price they are currently paying.Your thoughts are appreciated!
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30 July 2016 | 15 replies
A couple is remodeling their home but are looking to sell the home.
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3 August 2016 | 4 replies
After I am done with the remodeling, I think I want to do a owner/seller finance.
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29 July 2016 | 5 replies
You may also want to include a letter about yourself to showcase any skills and abilities you have in real estate investing, landlording, finance, remodeling, etc.
2 August 2016 | 2 replies
Hi my name is Travis Bruce, new to the forum, working on my first remodel in West Seattle Junction area.
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2 August 2016 | 1 reply
Hi BiggerPockets - been waiting for an opportunity to get involved with your forum for a long time, and I finally have a question I think worth discussion.I operate significant house flipping operations in Austin, Dallas, and Upstate New York and we're involved in 50+ house flips and remodels a year, and have been doing this for about 14 years now.Now that I have three separate teams (manager, GC, multiple subs, Realtor) in each market, I am finding it increasingly difficult to keep tabs on timelines, project progress, budgets, etc.I'm curious what technology and software you higher volume folks use to keep track of everything.
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15 September 2016 | 11 replies
I did mortgages for many years until we opened our construction company and started remodeling homes for investors.
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3 August 2016 | 5 replies
building department says that the permit was for a general remodel and not a conversion.And the garage conversion isnt legal in any case because they dont allow SFR to triplex conversions, only SFR to duplexSo my question now is, how are they planning to sell this property??
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29 June 2021 | 5 replies
I also work with investors who Rehab single family homes, remodeling Contractors and home owners.