Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kurt F.

Kurt F. has started 11 posts and replied 237 times.

Post: How Small is Too Small

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @Andrew Syrios:

Just for kicks and giggles, here's a picture of the 360 sq. ft. house:

 Now that is fun stuff...!  I would like to suggest a new paint scheme:

Post: What are my options for being 16 years old and involved in RE?

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @Account Closed:

Hi! My name is Blake, I'm new here to the BiggerPockets community. I am 16 years old and currently in the process of building as much knowledge and skills necessary to succeed in the real estate market for when I turn 18...

Look at this kid go.  That is awesome. 

When I was 16, all I did was ride a motorcycle and check out girls.  Not as profitable.  

Post: Podcasts vs. Politics

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69

For a little over a week, I've been listening to Bigger Pockets Podcasts instead of political podcasts / discussions.  I feel less anxious and angry.  For example, I hardly notice the neighbor's yappy dog anymore.  While the neighbor himself still seems pretty annoying, I feel like I'm on the right track. 

Is this normal?    

Post: Can I bypass the sellers realtor?

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @Ned Carey:

I think others have made it clear already, I will just restate

  • If you are an agent, you must go through the other agent. 
  • If you are not an agent you have no obligation legal or ethical to go thought the buyers agent.
  • You may not interfere with the listing agents contract with the seller. Suggesting selling to you directly and cutting out the agent could get you in big trouble.

Actually, Ned, I think you stated the fact of the matter clearly, but I'm not sure anyone else had actually done so yet -- I think your third bullet point gets to the main point, and some posters may not be realizing the implications of a signed seller contract.   I think you are correct about such interference -- which, would seem to describe some of the above suggestions...    

Post: Can I bypass the sellers realtor?

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @John Lindemann:

@Kurt F. - I wouldn't call it lowball...if the house is $150k, market value is closer to $135k and I offer 10% under market then my offer would be 121.5k which could look offensive or ridiculous without some discussion around how I arrived at my value.

I think you'd have to research what 150k neghborhood comps are selling for.  If for some reason, that number is 20% under ask, then you're all set going through an agent anyway.

It's also a difference in mainstream SFH real estate versus investment property -- in the latter, a an offer of 20% under ask can sound great to a seller. In the former, 20% under ask is something that most sellers would most definitely consider a lowball.

Post: Can I bypass the sellers realtor?

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @John Lindemann:

@Devon Garbus - agreed that it is legally required to be presented but it doesn't have any "personal touch" and the law doesn't require their realtor to not present it without snarky comments like "you can do better" or  "can you believe the nerve of some people", etc...

 Given your guesses at what the agent will say, it sounds like you're looking to lowball on a house within a mainstream market.  Do you have reasons to back up what sounds like a deeply discounted offer?  If you do, great.

Post: Miter saw with specs

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69

Miter saw is definitely one of my favorite tools, and a good one is a pleasure to use.  Best if you can try them out, because they are definitely not all the same.  You can prove this to yourself by trying consecutive models at 100, 250, and 500 dollar price points.  

Cheap tools are generally frustrating not only because they wear out faster, but also because they are not as accurate.  

Accuracy is relative in the world of DIY, however...  some folks are fine with junk tools and a big tube of caulk.   

Post: Well Crap. Literally. Advice and Recommendations Requested

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69

All other concerns aside, inexperienced DIYers should be pretty careful thinking about cutting large chunks of vertical concrete themselves.  You're in the neighborhood of 150#/CF, so, check my math, but the cake that falls out could weigh around 800 pounds.

Post: Painted popcorn ceiling? Keep or remove in a rental.

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @Account Closed:
Originally posted by @Kurt F.:
Originally posted by @Rick Baggenstoss:

Admittedly, I have only scraped popcorn in two houses.  That's the basis of my estimate.  Both were about the same.  

What would your estimate be for 1000 sf, painted? @Kurt F.

Too long to mess with.

I agree with the installation of overlay thickness gyp bd., as suggested by others.   

I don't see how this is affordable given the circumstances.  There's no cheap way to do 1400 square feet of gypsum, taping, mud, prime and paint unless you do it yourself.  How cheap could you get it done with crews where you are?  I have some cheap crews and the cost of this wouldn't be worth it on a house renting for $1K.  I would do it if there was ceiling damage.  But not if there is a perfectly good ceiling that can be patched and painted.

 The OP mentioned that his preference was getting rid of the popcorn ceiling.   I was responding to this preference, and said that I would accomplish this via other means such as overlay gyp if the popcorn was painted, as the paint layers usually preclude spraying and scraping.

What you're addressing -- cost, not personal preference -- is a different issue.  I obviously can't argue that, cost-wise, replacement or overlay would be a more economical solution.

Basically, I'm not going to attempt to spray and scrape a painted popcorn ceiling, but ya'll are free to partake enthusiastically as the spirit moves you.

Post: Painted popcorn ceiling? Keep or remove in a rental.

Kurt F.Posted
  • Investor
  • Rocktown, IL
  • Posts 238
  • Votes 69
Originally posted by @Rick Baggenstoss:

@Kurt F.  You must have overlooked my first comment where I advised against it for a rental.  Thought you might share some information other than your opinion with no rationale.    

However, if you're doing a flip, then you're better off addressing it.  I prefer to tear it and replace it vs. 1/4" overlay.  Really depends on the house.

What rationale are you looking for?  Unless it has no paint on it, it's typically not worth the time and effort to attempt to remove the popcorn.