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All Forum Posts by: Derek Hilley

Derek Hilley has started 2 posts and replied 13 times.

Post: Investor from Chattanooga

Derek HilleyPosted
  • Investor
  • Chattanooga, TN
  • Posts 14
  • Votes 3

Glad to see a productive conversation about Chattanooga. I have one property here and I'm looking to acquire more in 2017. 

Post: New Member with a question

Derek HilleyPosted
  • Investor
  • Chattanooga, TN
  • Posts 14
  • Votes 3

I would try to sell the home as is. If it became too much of a hassle, or if you think the discount that people expect is too much, then you can fix it. I have a feeling that 10 people would have 10 different opinions. Best luck!

Post: Will Books Suffice?

Derek HilleyPosted
  • Investor
  • Chattanooga, TN
  • Posts 14
  • Votes 3

Hi, Neighbors!

I'm a newbie real estate investor, house hacking a duplex. As I'm prepping for my next deal that's probably 6-8 months out, I'm trying to improve my education and network. I listen to the podcasts daily, and I plan on purchasing Landlord on Auto-Pilot, among a few others.

I think I have a pretty decent understanding of finding deals and deal analysis (other than rehab estimating), so I'm trying to hit my biggest deficits.

I'm contemplating The Book on Estimating Rehab Costs, but I'm curious as to how effective it will be for me, who wants to be a buy and hold investor. I know networking will probably be my biggest help here, but I want to be able to get an idea of things on my own.

Has anyone used this book on a deal?

Thanks!