All Forum Posts by: Elon Hayon
Elon Hayon has started 2 posts and replied 3 times.
Post: Fabricated garage vs rebuild a garage
- Posts 3
- Votes 2
Hey, I recently purchased a property in Maple Heights, Cleveland that I plan to brrrr.
The property used to have a garage, but the previous owner removed it, and now the city requires rebuilding it.
Right now, I have two options:
1. Rebuild the garage from scratch, which will probably cost around $20K.
2. Install a fabricated garage, which would cost around $8K.
My question is — how much could the difference between these two options affect the ARV?
For context, all the comps in the area have a built (standard) garage.
Quote from @Nicholas L.:
happy to help, but these are pretty general questions.
no, it's generally not a good idea to just make an offer on every property on the market. most of us have a 'buy box' that helps us narrow down what we go after. and, lots of investors buy off market as well as on, so we're not only looking on the MLS.
how can we help?
and, can you start with a house hack? or do you already own a primary?
I’m not from the U.S., so unfortunately that’s not an option for me.
I do a lot of searching on-market, talk to wholesalers every day, and look for off-market deals — but it still feels like something in my approach isn’t quite working.
Hi Guys
I’m a beginner trying to get into my first deal. After a few months of searching and not finding anything solid, I spoke with a few investors to better understand their strategy.
Most of them said they make offers on nearly every property on the market. My question is: do you use an agent for every single offer, or is there a more efficient way to submit multiple offers? It feels a bit impractical to send my agent 20 offers a day.
Also, what’s your method for finding deals in the first place? I’d love to learn how others are sourcing good opportunities.
Thanks in advance!