John Vela-Garcia
Renovating vs New Build
Hi all, I am located in Denver and was curious if anyone has experience with completely renovating a home vs building a brand new one.
Situation:
I am currently looking into buying a home that is 4,500 sq ft, but r...
Manuel Holguin
House Flipper wanting to do new custom homes
I am currently a house flipper in El Paso, TX. I have been thinking of getting into new custom homes and trac homes. I already have a company that will finance the lots and the build and i habe built custom homes for ...
Gabe Goudreau
Acquiring Properties With Different Partnership Structures
Hello, I have a few questions about acquiring projects with different partnership structures. I know a common practice (at least for syndications), is to create a separate LLC for the property and then raise capital o...
Alvaro Rodriguez
Should the buyer let the seller make the repair?
I have a house under contract and after inspection the house is in great condition and meet the 1% rule. However, I have requested the seller to replace the water heater and the electric panel board. Seller accepted a...
Kyle O'Donnell
Direct mail cash buyer as an agent
So I’m about to get my real estate license in Georgia. I send direct mail with generic “I want to buy your house” type stuff. I’m not advertising to list properties. In fact, even if the customer wanted to list I woul...
Michael Moikeha
Contractor Pay Schedule
Last year I had a contractor walk in the middle of a job with a few extra thousand dollars we had paid them, and it cost more than that to get another contractor in there to complete it.I have a $150,000 project right...
Raj Pathak
STOP WORK ORDER AFTER RENOVATION IS COMPLETE
I got a stop work order 3 months after the work is completed. Building inspector wants to come in and check out all things that were done. We did not do anything structural. Everything is done according to the code bu...
Patrick Philip
Looking for advice for Home Building Contracts with GC's?
I have done some flips, but never a new home build. I'm doing my first one with an "owner-builder" so pulling the permit is not an issue (I know how to do all the paperwork stuff).In the future, if I need a GC to pull...
Chris Berry
Home advisor worth it?
I was looking for some input on how useful home advisor is? I have long distant rentals and it looks like a good option to get small jobs done without alot of headaches. I'm currently using it to just put up a handr...
Philip L Hawkins
Single family major upgrade and addition.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $160,000
Sale price: $489,000
Major renovation and 1,200 S.f addition on quarter acre, ...