All Forum Posts by: David Lowe

@Jonathan Harris 
Thank you for the very insightful answer. Do you think GC's have different styles or is it fair to say that most don't like to be micro-managed? Can you give me an example of "know what they want and can verbalize it"? 

@Lee Zap Martin

 I am not being sued I was just asking as a hypothetical. Thanks for your feedback and obviously hope this time doesn't arrive! 

Like you, I currently live in Austin, TX. However, I am moving to San Diego, CA soon. If I incorporate my real estate company in Texas and,  
1). Continue to invest in California and there are any lawsuits, how would it work if the company was out of state?
2). What structure would you recommend (LLC, etc)?

Just wondering what makes contractors choose one client over another. What jobs excite you? Do you ever go for projects because an incentive is offered? If so, what type of incentives do you like? 

Can anyone recommend any contractors in San Diego (especially keen on North Park, South Park, Normal Heights)? Keen on good rates, professional attitude, quality work and quick turnaround time. 

 I am primarily looking at purchasing, renovating and then re-selling. I heard hard money loans were the way to go. What are your thoughts on them? Have you tried private lenders as well? 

Can anyone tell me exactly how a hard loan works? I was under the impression that if a house was $500k and you brought in $300k of your own cash, you could get a high interest hard money loan for $200k to allow you to effectively purchase the property for $500k cash. Is this correct? What are the pros and cons of using this type of financing and are there better alternatives?