Allende Hernandez
Need advice on my first contract
4 June 2016 | 4 replies
Allende Hernandez I would just close on the property and have the cops remove her.
Tony Hershiser
First House Was Successful
9 May 2021 | 5 replies
My first contractor may have bitten off more that he could chew and ended up bailing on the job 1 week before close and we had to rush to find another contractor who charged up 30% of our 35k rehab loan to be the General on the job and my wife was still having to make to phone calls to arrange the work with the subs...Contractor fee $6.5kWe removed the boiler system and added central air and heat. $12.5kHung new ceiling fans $350Laid carpet in the first floor $2,300Replaced the back deck. $4kReplaced the front and rear entry doors. $6,500Other misc that I have not accounted for here.
Jonathan Hernandez
What to do when seller won't hand over rent rolls?
21 July 2021 | 9 replies
Not sure the stage of the contract your in but have contingencies been removed?
Timothy Mitchell
Should I buy this property that needs a new roof and HVAC?
25 May 2021 | 22 replies
Communicate with the owner (through your agent) about the unexpected CapEx to attempt additional deductions.The CapEx sounds like a pain point for the current owner, as an investor you can remove that for them.
Account Closed
First Purchase - Questions and advice.
10 December 2015 | 0 replies
Insurance: $1200/YearUpkeep:$1000/YearSnow Removal/Garbage/Misc: $1000/YearMortgage Expense: 30 year @3.75% ~$1800/monthTotal Income: $48,000Total Expense: $10,200 (Property Tax, Insurance, Snow Removal Etc) + $21,600 (Mortgage)Net Income: $16,200This is my first property that I am seriously looking at.
Kelli Bristol
Help assessing an opportunity and how to move forward
12 May 2014 | 4 replies
Could also use removal of vinyl siding and painting but that's always a gamble since we never know what we'll find under the vinyl.So as you can see, it's not a great deal, but it's a free duplex with the financing (albeit not great) in place.
Joseph England
15 Rehabs in 10 Months in Baltimore City!
7 October 2018 | 223 replies
5) Remove and replace all doors (about 10 in this property) with 6 panel hollow doors - $15,000.00Surely you meant $1500.00??
Brian Cooke
Recommendation for curb appeal
6 January 2017 | 7 replies
If so, remove it and paint it a dark gray along with the garage door.
Michael Brown
Potential First Flip!
8 January 2017 | 23 replies
Here's a list of the major line items we tend to calculate on every flip:- roof (removal or re-roof?
Ron Gosling
Seeking answers from RE agents and community on a short sale.
11 February 2017 | 4 replies
They can change the price as they see fit.The disclosure is made by the OWNER, not the agent, they can re-list and not mention it because the agent could have never told the owner about the report (and no one can prove that they did).Yes, you can make another offer, however if it will be accepted will be up to the seller and bank still.You should have said that the owner/bank should pay for the termite removal, because now YOU know about it and YOU have to put it in the disclosure when you sell it.