All Forum Posts by: Chengning Yang
Chengning Yang has started 5 posts and replied 13 times.
Post: Selling a property
- Flipper/Rehabber
- Posts 13
- Votes 4
I have an off market property currently for sale, and there's a potential buyer who wants to purchase it with cash. what should I do next? have them sign a PSA first or open escrow with my preferred title company first? Besides PSA, what else do I need to have the buyer sign?
Post: Replacing Cast iron sewer pipe
- Flipper/Rehabber
- Posts 13
- Votes 4
Post: Replacing Cast iron sewer pipe
- Flipper/Rehabber
- Posts 13
- Votes 4
Quote from @Robert Ellis:
Quote from @Josselyn Jorge:
Quote from @Chengning Yang:
Does anyone have investor friendly plumbing companies in DFW area for sewer inspection and repair? The house just got foundation repaired, and obviously there’s a leakage at some point. I’ve had a couple of plumbing companies came and quoted me from 30k - 70k to repipe the whole house(2700 sf) which I think it’s insane. I’m also looking for anyone who ever dealt with trenchless sewer relining because it seems like a more affordable way to go.
It’s a 4bed 3bath single level house with slab foundation.
no more than 10k ever
Well, the thing is I can't find a honest plumber to do the quality work, and that's the main issue.
Post: Replacing Cast iron sewer pipe
- Flipper/Rehabber
- Posts 13
- Votes 4
Quote from @Ben Barngrover:
Quote from @Chengning Yang:
Quote from @Josselyn Jorge:
Quote from @Chengning Yang:
Does anyone have investor friendly plumbing companies in DFW area for sewer inspection and repair? The house just got foundation repaired, and obviously there’s a leakage at some point. I’ve had a couple of plumbing companies came and quoted me from 30k - 70k to repipe the whole house(2700 sf) which I think it’s insane. I’m also looking for anyone who ever dealt with trenchless sewer relining because it seems like a more affordable way to go.
It’s a 4bed 3bath single level house with slab foundation.
got it! Thanks to know that!
Post: Replacing Cast iron sewer pipe
- Flipper/Rehabber
- Posts 13
- Votes 4
Quote from @Josselyn Jorge:
Quote from @Chengning Yang:
Does anyone have investor friendly plumbing companies in DFW area for sewer inspection and repair? The house just got foundation repaired, and obviously there’s a leakage at some point. I’ve had a couple of plumbing companies came and quoted me from 30k - 70k to repipe the whole house(2700 sf) which I think it’s insane. I’m also looking for anyone who ever dealt with trenchless sewer relining because it seems like a more affordable way to go.
It’s a 4bed 3bath single level house with slab foundation.
Post: Replacing Cast iron sewer pipe
- Flipper/Rehabber
- Posts 13
- Votes 4
Quote from @Jennifer Miranda:
Do you mind if ask how much you paid for foundation. I need both foundation and plumbing. Haven’t gotten any quotes yet. Just one for plumbing. 36k for a 1200 sqft home. Ridiculous. I’m also in the Dfw area
I paid for 21k for foundation repair for my 2717 sf single story, but I had quotes from 20k to 45k for foundation repair. I'm gonna have someone to give me a quote on trenchless sewer re-lining on Tuesday, and I'm probably gonna get more bids for trenchless bids since it could probably be the only way to go besides repiping the whole house which cost significantly more for cast iorn sewer lines. Also I only had 2 quotes from two different plumbing companies to repipe, one quoted me 72k with 8k discount, one says 40k.
Post: Replacing Cast iron sewer pipe
- Flipper/Rehabber
- Posts 13
- Votes 4
Does anyone have investor friendly plumbing companies in DFW area for sewer inspection and repair? The house just got foundation repaired, and obviously there’s a leakage at some point. I’ve had a couple of plumbing companies came and quoted me from 30k - 70k to repipe the whole house(2700 sf) which I think it’s insane. I’m also looking for anyone who ever dealt with trenchless sewer relining because it seems like a more affordable way to go.
It’s a 4bed 3bath single level house with slab foundation.
Post: House Flipping Insurance
- Flipper/Rehabber
- Posts 13
- Votes 4
Quote from @Jason Taken:
Quote from @Chengning Yang:
What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.
kris over at anderson agency is solid. we use him for all of our policies.
Thanks!
Post: House Flipping Insurance
- Flipper/Rehabber
- Posts 13
- Votes 4
What kind of insurance do rehabbers get? Builders risk insurance with general liability? Which company would you recommend? I'm currently looking for one for a single family one story home without HOA.
Post: regarding current tenant lease
- Flipper/Rehabber
- Posts 13
- Votes 4
Quote from @Adam Bartomeo:
If you own the property than you no longer have to go through anyone to contact YOUR tenant. Whether if there is PM in place or not you can contact the tenant directly. If you do have a PM than I would suggest having them do their job but you don't have to.
Appreciate it! There is NO PM in place currently.