All Forum Posts by: Irfan Saeed

Hi Chris - Thanks for your assistance in this regard. I have hired a foundation company per his recommendation and they have started working on it. The house is about 3" down from each side. Engineer's recommendation is cast-in piers. I spoke to the foundation guy as to how much the foundation can be raised. His answers was that raising more than the engineer recommendation is at my own risk. However he mentioned that he can go as far as he does not see any issues. 

Thanks

Hi Guys - Would appreciate if someone can shed some light on the following issue

My structural engineer recommend 1 1/2 inch raise on each side of the house. However he mentioned that the house cannot be fully leveled as it can cause damage to the plumbing and framing of the house. My question is if the house is not fully leveled would it impact the ARV of the house. will there be a concern for the buyer.

According to the engineer if i do the recommended repair he would mention in his report that the house is leveled with in a certain tolerance 

Thanks in advance

Hi Guys - I would appreciate if you guys can give me some advice.

As a new investor on my first rehab i made following mistakes.

The GC  rewired and put in panel board without using licensed electrician and without any permits

New plumbing without using lic plumber and any permits.

The house is about to be ready in a week.

What is my  best course of action.

Hello Community member - I would appreciate if someone can help me on this.

I am planning to offer on a house but the house seems to have a later addition. The city data shows 1600 sqft was added and one bedroom was included. The house was originally 1550 sqft having only 3 bedrooms and 2 baths. The house according to mls data and as per viewing has 5 bed rooms and 4.5 bath rooms and 3300 sqft. my question is , if it is okay to compare this house with the houses which were originally built for the same sqft or should i discount the price in my offering. 

or is a possibility that city data can be updated with the current sqft of the house. ?

how does the arv get impacted with this kind of later addition. ?

should i have any other concern ?

Thanks

Hello Friends - I would appreciate if you guys can help me deciding this. This is my first flip. The house has a bedroom which was initially converted from garage to bedroom. Should i convert this back to garage.

Thanks in advance

Hello Community Members - I would appreciate if someone can help me on this.

I am selling my first rehabbed property. I have talked to several listing agents. Some of the agents are willing to list it at flat fee others are charging 1-3% commission. I am really confused as to what kind of listing agent should i pick. Should i save money on flat fee listing or should i select an agent asking for commission. 

Thanks in Adavance

Hi Paul - Thanks for you response. as you suggested i have already read through the intro book and had bought the book you have suggested. I have already joined y local Real estate club and waiting for their next meetings.

Thanks

irfan

Hello Folks - I am just starting to get into the business of real estate investing. I am 44 years old and a self employed computer consultant. I just want to say Hi to everyone. I have gone through some of the forums and very impressed with the level of cooperation and feedback the members provide to each other.

I am a very committed and hard working person and i firmly believe that i can achieve success in this business. I have a natural nervousness as i am planing to start this business. I hope i will find some encouragement on this forum.

I have planned to choose the Rehab area of real estate and educating myself by reading blogs and discuss forum.

I would greatly appreciate any feedback and encouragement.

Thanks

Irfan