All Forum Posts by: Michael Lee

I hired two professional tilers to tile one of my properties.

Their quote was $500 more than another estimate I received but I felt like they were professionals who I could trust to do a good job.

Indeed they have been reliable and professional in conduct, so I've been satisfied from that perspective. I was going to give them a massive project after this but now I'm hesitant after seeing the shoddy work.

The job is almost done and I've inspected it and it's some of the worst tiling work I've seen.

Firstly there is meant to be a pattern maintained and the pattern has been abandoned. Every second tile is meant to line up however it's completely freestyle.

There are huge gaps in various areas and some tiles are crooked.

I messaged the tilers when I saw this and he said the gaps and crooked tiles were caused from foot traffic by other contractors. I don't know the validity of this claim.

I'm extremely disappointed and upset and I want to rip it up and have it redone properly but I don't have the time or budget for that.

Here are some pictures. Am I being over the top or is this poor workmanship? Do I have any other choice but to simply move on?

question for the experts. My wife has finished her realtor course and has applied to take the test... She is inactive status. 

While she has been doing that, I have been trying to buy houses. I have a contract to close next week with an owner.  Do I need to disclose to the sellers that my wife is in inactive status. I don't plan on putting my wife on the deed to keep things simple....But is she required to be on it due to texas law? 

Just trying to do the right thing. I dont want to get her in trouble before she starts.  She has had nothing to do with this house purchase. 

Also in the future If I do direct mail, do I need to disclose she is a realtor? Yes, no, gray area?

Thanks

Being a Newbie I have started my s-corp and LLC, got my business account opened, and working to get an account and lawyer, sounds great right?!. That was the easy part, now to work. i have made some small investments in course material s here and outside BP. My emails get flooded with offers to join a program. The sharks are circling. Now bit my wife and I make a good salary and our decision to invest was to add supplemental income to our already outstanding retirement plan. has anyone heard of Cody Sperber"the clever investor" or worked their program. i know they have upsales as does everyone else, but looking for some actual users.

Hey Ya'll,

 Im a young realtor working with Keller Williams. I have been told to be a well rounded individual within the real estate market. When I say well rounded I mean: Investment properties, residential, foreclosures, commercial, referrals etc. I guess I'm just trying to gain information, any information, that can help a young ambitious realtor. 

 My main point for this discussion is to get more information from the community here at BiggerPockets. I want to know the best places to do research, what to look for, and what to know (In regards to Investment properties). I have a 5 year plan that I will be updating every year in order to stay on track. I want to get my first Investment property under my belt this year so any advice from anyone is good advice!! 

_____Please help out a new Realtor with any advice you guys have to offer! _____ 

Hello,

My dad and I are looking to start flipping homes in North Dallas (Plano, Murphy, Wylie, Sachse). Currently it's a sellers market, and houses sell quickly for too much to be able to repair and sell at the ARV. We've visited a number of what we've kindly called failed flips, where it was obvious the investor spent to much on the house, couldn't afford to fix up the house to look good (didn't get rid of the cat pee smell, no pads under carpets, etc) and are now asking for $20K over market value. We would very much like to avoid this.

We've looked into a number of strategies for finding houses. (real-estate agents, HUD homes, REOs, short sells, etc.) but it comes down to the asking price is too much, or it's under contract and the price is being pushed up. Any suggestions would be greatly appreciated, since we would like to get a home before the first of November.

Thanks in advance,

Ron

I know this will ruffle a few feathers but it is a fair question.

I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at CarMax (the largest seller of used vehicles in the world) so I understand used car sales people.

Before you get too upset, I agree that there are good realtors and good used sales people out there (I think that they are few and far between). But, based on my experience both are highly questionable in their interactions and practices.

Most recently I found out that a realtor that represented me told the other agent pertinent information about my situation when I expressly told them that they were not to share it with anyone. This caused me a loss of about $10,000.

I am a highly religious man that tries to operate honestly and fairly in all interaction (I am human and do make mistakes). But, I have been lied to, deceived and wronged by almost every realtor and car salesman that I have encountered.

Please share your story with me and see if you can change my jaded view of these so called "professions" or share a story that reinforces my point of view.

Greetings All! My name is Jeff, and I’m a newbie soon to be investor. I just found BiggerPockets recently and am overwhelmed (in a good way) at the plethora of information I’ve come across so far! I’m extremely excited to be here and wanted to take a minute to introduce myself to the community. A little about me… I’m 42, single, college graduate, former retail store owner, long time renter in South Orange County, Ca. and actually do enjoy long walks on the beach. (Haha, this feels like a dating profile!) I would love to be able to buy property here, but finances and prices just won’t allow for it at this time.

From what I’ve gathered thus far, the sub 30k market looks to be the best place for me, and since those properties don’t exist in California, I’ll be looking to invest out of state in places like Baltimore, Atlanta, Detroit, etc. The question I’ll pose to anyone who’d like to weigh in… what do you think is the best way to get started with my current situation (lack of credit, limited capital (28k), income as a contractor, living in CA)?

I’m obviously still in the learning phase so I welcome your suggestions & comments and look forward to being an active member of the BiggerPockets community! Woohoo, I’m excited! ~ 

I'm new, so I'm looking for everything I can on How to Raise Capital, Beginner Mistakes to Avoid, How to find a good Accountant/Lawyer/Contractor/PM Company/Etc

Also, how to properly look at a property and recognize it's a profitable deal.  They always say check your numbers and do your homework.  Still trying to make sure I've done it all and haven't missed an indicator before I pull the trigger for the first time.