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All Forum Posts by: Steve S.

Steve S. has started 294 posts and replied 637 times.

Post: Would you buy a mold house?

Steve S.Posted
  • Dallas, TX
  • Posts 649
  • Votes 52

estimate from GC is $40,000 in mold damage and repairs. If true, could bring a $50k profit once rehabbed. 

What gotchas am I missing?  Would you avoid at all costs?

I've gone back and forth on this and am trying to decide which makes more sense.  Seems if something broke under $1,000, I may not want to claim it and i may benefit from pushing my deductible up for the things like roof, etc that doesn't happen very often, especially for homes I own that have new or relatively new roofs.

What are your thoughts?  How do you manage this for your rentals?

In one of my more high end rentals, I'm dealing with a burnt out socket on one half of one of the 2 master bath light fixtures.

There are two fixtures with 2 lights each.

What would you recommend? I would assume I will need to replace both fixtures (all 4 lights) so they match and have an electrician do the install since that's not something I'm familiar with doing.

Any recommendations?  I haven't been able to match just the one fixture.

Not sure why it's showing up sideways or how to rotate it.  Doesn't appear crooked on my computer.

Post: Any Other Under 30 DFW 1st Time Investors?

Steve S.Posted
  • Dallas, TX
  • Posts 649
  • Votes 52

so saturday the 14th?

Post: Any Other Under 30 DFW 1st Time Investors?

Steve S.Posted
  • Dallas, TX
  • Posts 649
  • Votes 52

are we doing this?  Is there an age limit? I'm young-ish

Originally posted by @James H.:

The silence says everything, doesn't it?  We're working North of I-30 and East of DNT --- out about 60 - 75 miles. 

We have not found that zip code yet.

 Meaning you haven't found any deals in the area you described?  Or maybe I missed your point. Sorry

so hard to find a deal these days but continuing to educate myself.

Any recommended zip codes / cities to focus on?

Landlord is complaining the faucet has started to leak.  If i paid someone to do this, what would it typically run me?

What faucet would you put in / how much would you spend on it?

Post: What does AUM stand for regarding rehabs???

Steve S.Posted
  • Dallas, TX
  • Posts 649
  • Votes 52

is this not a common acronym?