IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 14 minutes ago, mikeman said: Lets see a pic of one of these wall switches/plates IAG? upside down, but you get the point, lol Quote Link to comment Share on other sites More sharing options...
WVU Posted October 20, 2021 Report Share Posted October 20, 2021 Give us a video tour! Quote Link to comment Share on other sites More sharing options...
WVU Posted October 20, 2021 Report Share Posted October 20, 2021 Whatever the house is worth now the experts say it will be worth 15% more by year’s end Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted October 20, 2021 Report Share Posted October 20, 2021 The hardest part of flipping for profit is finding reliable contractors. And the efficiency of a team that normally works together is a big part of why they're able to do it. If you try to do the renovations yourself, you pose the risk of running into a bunch of issues that you didn't anticipate. So many times, it's not predatory for investors to buy properties that need renovation, but obviously they're going to be more interested in a discount against the market than someone buying it to live in. As long as your selling price aligns pretty close to the comps, you're almost certainly not getting taken advantage of. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted October 20, 2021 Report Share Posted October 20, 2021 5 minutes ago, WVU said: Whatever the house is worth now the experts say it will be worth 15% more by year’s end Depends on the local market. I'd say fat chance in Las Vegas. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted October 20, 2021 Report Share Posted October 20, 2021 And if it does in Vegas, it's either coming back down or not going anywhere for a long time. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted October 20, 2021 Report Share Posted October 20, 2021 9 minutes ago, IAG said: upside down, but you get the point, lol A bit ostentatious for me. I prefer these: Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted October 20, 2021 Report Share Posted October 20, 2021 The Fed created a bubble. There are supply chain issues right now and hundreds of thousands of people losing their jobs to vaccine mandates. The economy is not steamrolling. It's sputtering. So people buying real estate should seriously proceed with caution. Bubbles are made to pop. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted October 20, 2021 Report Share Posted October 20, 2021 5 minutes ago, MonkeyF0cker said: The Fed created a bubble. There are supply chain issues right now and hundreds of thousands of people losing their jobs to vaccine mandates. The economy is not steamrolling. It's sputtering. So people buying real estate should seriously proceed with caution. Bubbles are made to pop. This. The amount of debt right now is insane. The entire financial sector is over leveraged and over extended. It can’t go on forever. Quote Link to comment Share on other sites More sharing options...
WVU Posted October 20, 2021 Report Share Posted October 20, 2021 23 minutes ago, WVU said: Iggy if I write up a 240k sales contract would you sign it? 30 day inspection period, 45 day close, 20k earnest money. If you choose to stay after close I’ll rent it back to you for 1600/month Offer expires in 24 hours. Tomorrow night the offer will drop to 238k Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 20, 2021 Report Share Posted October 20, 2021 17 minutes ago, IAG said: upside down, but you get the point, lol Those are old lady/grandma furnishings, i'd replace them with your standard switchplates(light cream) for less than $1 /each, so you say you dont like that color paint? You'd go lighter i assume, some kind of off white/bone, etc? Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 20, 2021 Report Share Posted October 20, 2021 I'll paint your rooms for maybe $1000-2000, you buy the paint/supplies, I'll hit the casino at night and make a fortune. Quote Link to comment Share on other sites More sharing options...
redstripe Posted October 20, 2021 Report Share Posted October 20, 2021 3 minutes ago, WVU said: Offer expires in 24 hours. Tomorrow night the offer will drop to 238k And there is a investor Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 20, 2021 Report Share Posted October 20, 2021 5 minutes ago, WVU said: Offer expires in 24 hours. Tomorrow night the offer will drop to 238k LOL, I thought the $138 was a hardball technique. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted October 20, 2021 Report Share Posted October 20, 2021 5 minutes ago, mikeman said: Those are old lady/grandma furnishings, i'd replace them with your standard switchplates(light cream) for less than $1 /each I was being polite when I said they were ostentatious. But honestly I feel the same way about those plates that you do. Let's get a look at the baseboards and outlet plates IAG. Quote Link to comment Share on other sites More sharing options...
IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 31 minutes ago, WVU said: Iggy if I write up a 240k sales contract would you sign it? 30 day inspection period, 45 day close, 20k earnest money. If you choose to stay after close I’ll rent it back to you for 1600/month What happened to the 250? Lol. Depends on if I get the Deadwood rental. Quote Link to comment Share on other sites More sharing options...
IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 10 minutes ago, mikeman said: Those are old lady/grandma furnishings, i'd replace them with your standard switchplates(light cream) for less than $1 /each, so you say you dont like that color paint? You'd go lighter i assume, some kind of off white/bone, etc? I know! That’s why they have to go! Lol. I want white switches and plates…the big flat kind. I don’t mind the paint color but the designer suggested white…. Not a white white, but white.. Quote Link to comment Share on other sites More sharing options...
WVU Posted October 20, 2021 Report Share Posted October 20, 2021 7 minutes ago, mikeman said: LOL, I thought the $138 was a hardball technique. Lol, typo but I almost left it Quote Link to comment Share on other sites More sharing options...
IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 24 minutes ago, Jimmy Hoffa said: A bit ostentatious for me. I prefer these: Exactly!! Quote Link to comment Share on other sites More sharing options...
WVU Posted October 20, 2021 Report Share Posted October 20, 2021 2 minutes ago, IAG said: What happened to the 250? Lol. Depends on if I get the Deadwood rental. Well, you talked yourself down from the 250. You know your market, Lil lady. Quote Link to comment Share on other sites More sharing options...
IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 29 minutes ago, MonkeyF0cker said: The hardest part of flipping for profit is finding reliable contractors. And the efficiency of a team that normally works together is a big part of why they're able to do it. If you try to do the renovations yourself, you pose the risk of running into a bunch of issues that you didn't anticipate. So many times, it's not predatory for investors to buy properties that need renovation, but obviously they're going to be more interested in a discount against the market than someone buying it to live in. As long as your selling price aligns pretty close to the comps, you're almost certainly not getting taken advantage of. Valid points Quote Link to comment Share on other sites More sharing options...
IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 1 minute ago, WVU said: Well, you talked yourself down from the 250. You know your market, Lil lady. Lololol. Touché Quote Link to comment Share on other sites More sharing options...
mikeman Posted October 20, 2021 Report Share Posted October 20, 2021 1 minute ago, IAG said: I know! That’s why they have to go! Lol. I want white switches and plates…the big flat kind. I don’t mind the paint color but the designer suggested white…. Not a white white, but white.. Yup, and those white ones are the same price, so if you go whitish walls you can do white wall plates, although the switches are cream. You can have cream plates/switches with white walls, nothing wrong with that. Would you do every room the same color? that's common but dull. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted October 20, 2021 Report Share Posted October 20, 2021 I'd like to see the flooring now. What's so bad about your existing carpeting? Quote Link to comment Share on other sites More sharing options...
IAG Posted October 20, 2021 Author Report Share Posted October 20, 2021 4 minutes ago, mikeman said: Yup, and those white ones are the same price, so if you go whitish walls you can do white wall plates, although the switches are cream. You can have cream plates/switches with white walls, nothing wrong with that. Would you do every room the same color? that's common but dull. You lost me here. I want to go with the ones that Jimmy had above. Right now most of the rooms have just plain cream plates with cream switches. Those 70s style ones are only in a couple places. Not sure what prompted that but I guess it was the style in the 70s or 80s or sometime…yes I would do same in all rooms/halls. Quote Link to comment Share on other sites More sharing options...
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