All Forum Posts by: Alexander Schiller

Thank you @George Calbert, I'll contact my agent and see what they recommend!

Can someone give me a over estimated costs of holding and closing for a 250k property. Some info:

Purchase price: 250k

Payment: All cash

It is a forclosed home.

Resale value: 325k-350k

Can you also please itemize the closing and holding costs so I can see exactly what it is I will be paying also?

I really appreciate all help BP

@John Blackman

Very thorough advice, thank you. I have thought about hiring a designer, but do you think a professional home stager could give the same level  of advice as a professional designer. And if you think hiring a designer would be best what do you think they charge, and would it be a one time consultation and would they look at things they recommend instead of just telling me a specific style to achieve?

Such great advice I'll do that asap and check out my competition! Thank you @Bram Spiero & @Derek B.

Thanks for the input @Wayne Brooks I'll check them out.

I'm not quite sure of what your asking.

@Loren Thomas

I'm an upcoming REI here in Southwest Florida and learning how to flip/rehab homes in my surrounding area. What I'm trying to understand is how I go about choosing what to put inside my property:

Bathroom

-Faucets & Sinks

-Mirrors

-Bathtubs & Showers

-Vanities & Cabinets

-Toilets

Kitchen

-Faucets & Sinks

-Storage/Organization

-Countertops & Backsplashes

-Islands

Lighting

-Ceiling Fans

-Outdoor Lighting

-Chandeliers & Pendents

-Recessed & Flush Mount Fixtures

Flooring

-Hardwood

-Tile

-Stair Treads

These are the kinds of things I have no idea how to decide upon. Is there anyone who could possibly give me insight on what to choose (a home stager for example)? Any advice/tips/suggestions will certainly be appreciated!

I'm an upcoming REI here in Southwest Florida and learning how to flip/rehab homes in my surrounding area. What I'm trying to understand is how I go about choosing what to put inside my property: •Bathroom -Faucets & Sinks -Mirrors -Bathtubs & Showers -Vanities & Cabinets -Toilets •Kitchen -Faucets & Sinks -Storage/Organization -Countertops & Backsplashes -Islands •Lighting -Ceiling Fans -Outdoor Lighting -Chandeliers & Pendents -Recessed & Flush Mount Fixtures •Flooring -Hardwood -Tile -Stair Treads These are the kinds of things I have no idea how to decide upon. Is there anyone who could possibly give me insight on what to choose (a home stager for example)? Any advice/tips/suggestions will certainly be appreciated!

@Brian Gibbons

Thanks for your advice! I'll be sure to read the link when I get home tonight.

I'm currently going to work alongside a investor friendly real estate agent for my first few flips, but I do plan on getting my real estate license by the time I'm 23 so I can have access to mls and be able to market my own properties to cut out their 6% commission.

Within the next few months I should have enough capital of 150k to invest with and I plan on buying my first flip house with cash instead of getting a loan from a bank so I can eliminate their interest fees. Is this a good idea?

Thanks Larry! I'll be sure to set up my alerts and read it as soon as I get home tonight. I appreciate the feedback!