All Forum Posts by: Luke Marsh

Hi @Sai T. we had a similar problem happen a while back and water got in everywhere. We were able to fix the water issue, but had to replace a lot of dry wall and studs. I would recommend using metal studs as well, as they are more rot resistant. This is what we used, and havent seen any problems since. 

Hi Jessica, there are a lot of great tips out there! Youtube and Google are great places to start, to find videos and articles. These ones in particular may be helpful: 


https://www.formica.com/en-us/articles/inspiration/how-to-install-a-preformed-countertop

https://diyhousetips.com/193/how-to-cut-a-laminate-countertop/

Thanks for sharing this, very informative! 

Hi @Cindy Schneider Hope it is going well up there in Oshkosh! (I grew up there, its a great city). 

Tenant screening is huge in terms of tenant turnover, on time rent payment, and filtering out bad potential tenants. Ideally having some sort of tenant score, or at the very least having specific parameters that applicants need to meet will help flush out bad tenants. I think you are on the right track with the income verification, and speaking to previous landlords. I would recommend having applicants pay for a full tenant screening report, with credit checks, criminal history, eviction history, etc. before reaching out to employers and previous landlords, this will save you time. There are a number of tenant screening services out there that do a good job (We use Innago). 

I don't believe living in the house with the potential renter would exempt you from the Fair Housing regulations that prevent discrimination towards people with service animals. Also, I would not suggest denying the applicant over the phone, but instead send them an LPA denial letter. 

@Matthew Zichelli In terms of which EV station to use, it really depends on how much you are willing to pay. Are you looking at level 1, 2, or 3? Assuming it is a level 3, I would look at the following companies: Bosch, ClipperCreek, EV-Box, GE, Leviton, Schneider Electric, etc.

For pricing, it really depends on your market. Here is a good resource to see what other states are typically charging.

https://www.blinkcharging.com/ev-charging-fee

Hope this helps! Good luck!

@Rosa Aponte There are a few options, the first are the larger more general platforms, like UpWork and Fiverr. The other option is using a niche VA site like Virtual Latinos, that specialize in South American VAs which are fluent in Spanish. You may not get someone exactly in your ideal country, but it will get you on the right track. Hope this helps!

Hi @Byron W. we ran into a similar problem a while back, we paid around $38/sq ft to have the subfloor replaced, as leveling it wasn't much of an option. There is a difference between having it actually replaced, and having it leveled. This article does a good job laying out the costs of just leveling it.

https://www.homeadvisor.com/cost/flooring/repair-flooring/#:~:text=Leveling%20a%20floor%20costs%20%242,%240.50%20to%20%241.50%20per%20pound.

  

Hi @Daniel Del Vecchio, sounds like you are off to a great start by taking the initiative to learn about the process of flipping houses. There area lot of moving pieces in flipping, and I would suggest trying to learn as much as you can about each of them, anywhere from financing, to estimating rehab costs, to analyzing your market, to picking up a new trade skill.  I would recommend digging into your market, and becoming an expert on it. Joining meetups, or groups is also a great way to get referrals and get in with others who can help you out. 

Hi @Cruz Hitt I believe the biggest one is just be willing to learn, whether you are just starting out or an experienced investor, there are always areas you can improve and learn more about. Reading books, articles, watching videos, attending webinars, researching your market, learning a new skill etc. all can help big time.

Hi @Michael McCrary There are a lot of great books out there for rehabbing and flipping, I would start with the ones in the BiggerPockets store, they are very good! Best of luck!

https://www.biggerpockets.com/store