
24 August 2015 | 19 replies
I would get a couple more quotes on liner install and you should be able to kerp the project costs 750-1,000 instead of 5,000, in my opinion.

23 August 2015 | 1 reply
Anybody have any tips or tricks to installing windows in a vertical plank house?

8 December 2020 | 24 replies
Buy a home or condominium unit in a VA approved project.Build a Home.Simultaneously purchase and improve a home.Improve a home by installing energy-related features or making energy efficient improvements.Buy a manufactured home and/or lot.My Thoughts: Condominiums – Personally, I will not buy a condominium.

23 August 2015 | 2 replies
Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$20,000 cash for rehab$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.

25 August 2015 | 24 replies
Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$11,000 possible payout for selling agent commission$9,000 closing cost (will attempt to have seller pay closing)$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.
25 August 2015 | 4 replies
Well it takes a really long time to talk about negotiating with Sellers, but I basically build rapport with the seller first, I might take 15 minutes, and then I talk about a cash offer and terms offer With Old geezers, if The property is free of mortgages, I tell him you can make a lot more money if youre the bank and you creates a private mortgageI tell him the banks of been making money forever and the IRS let you do thisSo whatever the ARV is I usually give them a little bit more on installment sale price and get my payment well under the monthly rents, it's all about can flowSearch Brian Gibbons installment sale and you get a lot of information on it This is only for free and clear propertiesIf there's a loan or existing financing its a different conversation@Steve Vaughan has great insights too

26 August 2015 | 5 replies
Is it worth it to install separate utility systems and meters since I have to replace the current system anyway?

23 August 2015 | 6 replies
Is the company installing 60-90 piers?

8 January 2016 | 11 replies
I did have to hire out a bit of carpeting and vinyl floor installation, as well as installing electric baseboard heat upstairs, though.

25 August 2015 | 10 replies
You should be able to increase the rent if you install it for the building