All Forum Posts by: Steve S.
Steve S. has started 294 posts and replied 637 times.
Post: Would you buy a mold house?

- 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?
Post: Do you keep high or low deductibles on your rentals?

- Dallas, TX
- Posts 649
- Votes 52
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?
Post: Need suggestions on how to deal with burnt out light fixture

- Dallas, TX
- Posts 649
- Votes 52
Post: Need suggestions on how to deal with burnt out light fixture

- Dallas, TX
- Posts 649
- Votes 52
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?

- Dallas, TX
- Posts 649
- Votes 52
so saturday the 14th?
Post: Any Other Under 30 DFW 1st Time Investors?

- Dallas, TX
- Posts 649
- Votes 52
are we doing this? Is there an age limit? I'm young-ish
Post: What are the best zip codes for flipping in Dallas / Ft Worth?

- Dallas, TX
- Posts 649
- Votes 52
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
Post: What are the best zip codes for flipping in Dallas / Ft Worth?

- Dallas, TX
- Posts 649
- Votes 52
so hard to find a deal these days but continuing to educate myself.
Any recommended zip codes / cities to focus on?
Post: Would you pay to replace a leaky bathroom sink or do it yourself?

- Dallas, TX
- Posts 649
- Votes 52
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???

- Dallas, TX
- Posts 649
- Votes 52
is this not a common acronym?