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All Forum Posts by: Account Closed

Account Closed has started 0 posts and replied 3 times.

Post: ARV - Forced appreciation? Jacksonville, FL

Account ClosedPosted
  • Jacksonville, FL
  • Posts 6
  • Votes 6

Hey Ben,

Just curious as to what your gut tells you? Is it on a septic system? Is it post and beam foundation? Could you sell the house right now for more than 60k (I would think so?)  What are your projected rehab costs? My biggest concern would probably be getting out of it in a timely manner since this would not be your typical flip.. but with your marketing experience sounds like your confident on being able to sell it in a timely manner. It sounds like you also could wholesale it to another flipper as well for another exit strategy...

Post: Note Investing - Thank You's!

Account ClosedPosted
  • Jacksonville, FL
  • Posts 6
  • Votes 6

Thanks for sharing those books and your experience Martin, anywhere in particular I should pick up your book?

Post: First Flip - Firing a contractor

Account ClosedPosted
  • Jacksonville, FL
  • Posts 6
  • Votes 6

Hey Chris,

I was in commercial/residential construction as a journeyman, foreman, superintendent and then owner and did a lot of estimating as well. Contractors like anyone else have different personalities, this guy is taking advantage of you. My suggestion is to stand your ground firmly (like you should have in the first place) and do what your gut tells you to do. No one is going to look out for your best interest like you will and in the future you should take a hard stance on what you want, when you want and how you want it. Now this doesn't mean you need to be a hard *** or a jerk, just honest, upfront dealings. Call contractors/people on their ******** and do not let people bully or push you around, get contracts signed, keep on top of your contractors with schedules and keep everyone accountable for their work/actions. If someone is not doing what they are supposed to get rid of them, you do not want those contractors/people around your business. They do not have to like you but they should respect you....after all you are paying them. Good luck with your business and future dealings!