All Forum Posts by: Account Closed

idk why you guys say im angry. i told one person to stop commenting on my posts, the rest of you i have said thanks

@James Wise

so basically negotiate it to around a price i would want and then after we have a price, bring in the contractor? would that work?

so in reality it would be once the deal is almost certain, and the contractor would be one of the final steps.

i think this is what the cali dude was saying. most properties in cali cost about 5%, once he has the deal almost complete he would figure out a more accurate repair cost

you can all come to richards defense, but posting on someones forum time and time again saying "you cant do a deal, you dont know what you are doing. go read 15 more books first than come back to BP" isnt helpful at all.

@James Wise

as to the california thing, he said to just add a few % as a start. once i have the contract i can figure out the exact pricing and begin negotiating. istill dont understand it completely but thats what he said. i will just ignore that part.

if people gave answers like you just did i wouldnt need to ask a question 10 times. im not looking for a magic answer, what you just wrote is the answer i am looking for (almost).

what i want to know, is when i have the contractor come in?

after i call him on the phone to learn about the house, i set up a meeting.

do i set up two meeetings? one for me and one for the contractor? do we go at the same time? this is what i am confused about

@Ann Bellamy

yes i have been given lots of good advice. and most of that good advice didnt say "just go read 10 more blogs and books before you even begin to make a deal". obviously i need more education or i wouldnt be asking.

i've been reading books, blogs and taking classes for the past 6 months. i expect obstacles to come in the way for my first deal and many deals after which is why i am asking on bp.

right now the only two problems i have are comps and repair cost which nobody can give me the answer that i am looking for. which is at which point do i send in the contractor to find an estimate.

when i bid on something its highest or lowest price, i just didnt know how/why someone would bid on a contractors rather than just finding one that works for me. i didnt know if bidding on contractors meant i am supposed to advertise that i have a property and am looking for a price estimate?

but now i have a new question as well which is how do i do this "bidding". am i supposed to go on craigslist or something? my plan before bidding was to just call a few contractors and see what they would charge for an estimate, but is there a better way of doing this?

@Brant Richardson

how do i know if i have a good deal if i dont know repair costs? i need to make an offer on the house so i need to make my max offer based on repair value.

basically.

i call him and see what the house is all about.

than i set up a meeting to see him in person. and throw an offer at him?

at which point in these steps do i set up contractor bids

@Richard C.

i wouldnt call them idiots i just dont think you understand. please stop posting on my forums, you've posted nothing but useless information time and time again.

im making a deal over this summer whether you want to believe it or not. the only thing you've posted on my forums over the past month is telling me that i cant do it.

@Jon Holdman

@Jon Holdman rehab costs.

how do i get bids? what does that even mean?

in nh is there a way to find repair value? some people from cali say to just add on 3% repair value.

is there anything in NH?

do i send in a contractor to find repair value? at which point do i do that?

@Ann Bellamy

how would i know the repair value if i havnt gone to look at his property yet?

i thought i am supposed to find comps before i do anything else.

this guy wants 259k for the house

zillows estimate is 252k

trulias estimate is 211k.

i know i cant trust those, but i dont know what else to do?????