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All Forum Posts by: Juan Ayala

Juan Ayala has started 21 posts and replied 41 times.

Post: Buyer Checklist Form for Walkthrough

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

Do you have a buyer's checklist or know where I can obtain one for due diligence on a residential single-family home? More precisely, I'm going to look at a potential off-market purchase and would like a form to fill out while performing the walkthrough.

Post: Buyer Checklist Form

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

Do you have a buyer's checklist or know where I can obtain one for due diligence on a residential single-family home? More precisely, I'm going to look at a potential off-market purchase and would like a form to fill out while performing the walkthrough.

Post: To Keep or Replace Siding

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

Im unsure but I believe it is asbestos siding

Post: To Keep or Replace Siding

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7
Quote from @Pat Mulligan:
Quote from @Juan Ayala:

How important is it to install new siding on a BRRRR strategy home?

It's hard to tell from the picture. Is that Carolina Siding, aka asbestos shingles? If so, I would replace. It is way too dated. The overall color schemem looks good. Imo

Post: To Keep or Replace Siding

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

How important is it to install new siding on a BRRRR strategy home?

Hello, Ryan. Add me to a list of people to whom you will send these listings. You may also email [email protected].

Is there any Battle Creek investors? I encourage you to join us at our monthly Southwest Michigan Real Estate Meet Up, which takes place every third Wednesday of the month at 311 W. Michigan Ave., Battle Creek, MI. It's an excellent place to network and connect with like-minded people.

Post: Guardian Vendor Direct Deposit

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

So I need help. My tenant is on disability and would like me to complete the form to have the rent deposited directly into the business bank account. Is this okay to do? Has anyone else dealt with this? Are there any problems with this?

Post: Lien Waiver Signing

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7
Quote from @Travis Main:

Generally speaking the lien waiver is to be signed off for the work that was completed. When working with lenders they will require you to sign off on a release of lien waiver through the progression of the property. This is very common with hard money loans when the rehab funds are being escrowed and reimbursed back to you through draw request. 

If you have any additional questions, send me a DM. 

Thanks


Post: How Do You Pay General Contractors ?

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

How do you pay your GC? Do you pay a downpayment? What percentage of the total cost do you pay and how many draws do you use?


Thank you!

Post: Lien Waiver Signing

Juan AyalaPosted
  • Investor
  • Battle Creek
  • Posts 41
  • Votes 7

Ok got it! Thanks