Ken Hicks
Problems with contractor dragging his feet on repairs
16 February 2007 | 11 replies
I even gave him half of the rehad money for repairs $1,500.I called him numerous times and he doesn't call back once he did to tell me he is on vacation and the work will be done in one week, but it wasn't.
N/A N/A
The big deal $1.6 million
27 April 2006 | 3 replies
It needs very minor repairs, the landscaping needs cleaning up.
Yameen Salahuddin
Down Payment
22 March 2011 | 17 replies
Nothing really prevents you from going back and asking for minor repairs after the home inspection FIPO, but it makes the seller feel like you won't and you still get a professional to tell you if there are any major issues with the house.
Lee Warren
Inspector and Agent in the Dallas/Fort Worth area
25 April 2006 | 4 replies
We handle collections, evictions, repair requests, marketing, leasing and much more for each property internally.
N/A N/A
Rehabber Loan Question
15 April 2006 | 1 reply
I had a Realtor out of TN tell me about a loan program where you buy the house in any condition as long as you have a bid from a contractor to repair/improve.
N/A N/A
newb with 15k
13 August 2006 | 15 replies
Here's a general formula that I've seen in several places that I intend to follow:Maximum Offer Price=(20% Profit)-(10% contingency)-Repair CostsExample: Repair Costs=5k...I would offer no more than 65k on a 100k fmv home
N/A N/A
Just getting started...Buy from auction for first REI???
18 May 2006 | 6 replies
Lastly (and I apologize for the lengthy post yet again, just trying to be as thorough as possible), would you recommend just cleaning up the place and doing minor repairs and updates, or going all out considering the prices of the other homes up for sell in the area.
N/A N/A
mold issue
20 May 2006 | 2 replies
I've since installed two new roofs on the two duplexes, repaired the ceilings and painted.I put th property up for sale, received and accepted an offer, however the inspection indicated staning in the attic area.
Eugene Burgess
New member from Pennsylvania
24 May 2006 | 4 replies
I don't want to criticize anyone's hometown but your best option may be to get out of Williamsport. 30% ownership rate sounds like it may be 1/2 the national average, which implies (at least to me) that the economic conditions may not be great there.My best bet is to accumulate some cash, even if you get the ppty with little or no out of pocket (which is not as likely or easy in real life as shown on late nite informercials), it still takes cash to repair and operate ppty.Good luckall cash
Ken Hicks
finding comps for a area
5 June 2006 | 11 replies
I'm going to sheriffs sale and there are about 30 homes most won't make it to the sale so i don't want to waste my time on homes that would sell after repairs for only $40,000.