All Forum Posts by: David Avery
David Avery has started 2 posts and replied 980 times.
Post: Oil Remediation Fix and Flip
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Please give me money details above the oil issue .
Post: Security system in a Class A rental
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Mixed feelings.
Who want to be watched?
I don't.
It's your property and investment.
Of course you don't want the maintenance person taking your $300 set of a steak knifes.
Or Tenant cutting a slice in your AC hose outside Unit on the ground.
Hopefully started a good conversation.
Post: Community Mediation to Solve Problems without Court
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Great Topic!!!!
I have one regret in Business.
Turn down to be on 3 episodes of HGTV.
Flip this house in Salt Lake City, UT.
We were packing the U Haul to move to Southern Colorado to Flip properties.
Have the personality, expertise, and Hot Wife. 🔥
Next Topic maybe?
Post: Looking for a Realtor to help with paperwork
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Need to figure an agent in your area.
Or put it in your post heading.
you will get an agent to respond faster.
Good Luck
Post: Should I get a permit?
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Permits/city will cost you thousands more and at least 2 months.
Everyone telling you to do it have no clue to reality or hassle it will become.
If I had a dollar for everyone that told me about the hassle and cost and delay.
Could treat you to a nice steak dinner ( 2 years ago since prices have tripled).
Just build it correctly. ( within code).
Good Luck
Post: Should I get a permit?
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Quote from @Hannah Karlovich:
I am adding value to my primary residence by adding a shower to a half bath and adding interior square footage by insulating the laundry room portion of the garage. I'm doing the majority of the work myself and only contracting out the rough in plumbing. Originally I had planned to get the required permits from the city, but I had a contractor that I work with recommend to not go through the time, money, and headache of the permitting process since it's my primary residence and I can most likely "get away" with it. I plan to refinance this property in a year and a half and turn it into a long-term rental, so I am weighing the short-term benefit advice from this contractor with the risk of getting pegged for doing work without a permit. I live in a smaller and older suburb of Fort Worth where I am less likely to get tracked down (I see evidence of work on properties all around me that are clearly not permitted or up to code), but also know that the specs on the house will change with the appraisal district once I get the property refinanced. Interested in thoughts from those more experienced than I am. I want to do things the right way, but feel the pressure of a tight budget that will get drained considerably by the permit fee and multiple inspection fees.
A little un orthodox but, make sure to frame and put sheeting on the outside of your garage.
Frame in late afternoon. Finish framing and install window on Saturday and install sheeting on Sunday.
The more you get done on the weekend than great.
Good Luck
Post: Is there a standard method for knowing what kind of offer to make on multifamily?
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
I have always had a Realtor that can call the listing agent and find out what offer will work.
simple simon!
Post: Need Advice- Too Expensive Bathroom Repairs
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
I've done similar repairs.
$4000-$5000. Is more realistic and reasonable.
This is a handyman and plumber issue.
Get your PM to have both work toga if possible.
Does your other bathroom have a bath.?
Maybe consider just a shower in that bathroom.?
Just some ideas.
Keep having Contractors go and give you bids. One may be slow on work and is willing to do it much cheaper
Good Luck
Post: New Member Just Starting Out
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Get yourself the following.
Great Realtor
Several Wholesalers
Great Contractor
Great Mentor
good luck !
Post: Brrrr in Phoenix area = negative cash flow?
- Flipper/Rehabber
- Phoenix Arizona
- Posts 1,023
- Votes 686
Cash flow in Phoenix area.
Good luck.
Hold on to it 4 years and very easily doubled in valuation.
Appreciation is King.!!