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All Forum Posts by: Narayanan Bakthisaran

Narayanan Bakthisaran has started 3 posts and replied 10 times.

Post: Anyone interested in a happy hour In Winston Salem, NC?

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

@Daniel Johnson - I am interested and am available at 7 pm on the 21st. Please confirm closer to the date if the plan is still on. 

Post: Anyone interested in a happy hour In Winston Salem, NC?

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

I am interested as well. When is this being planned and where? 

Post: Indoor Paint Color for all rentals

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

I use Sherwin Williams Agreeable Gray (SW7029) and Extra White (SW7006). You cannot go wrong with these! 

Post: Working with county to adjust Bedroom and Square Footage info

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

Thanks @Wayne Brooks and @Eric Weireter. Appreciate your insights. 

Post: Working with county to adjust Bedroom and Square Footage info

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

All,

I am encountering a couple of situations where the bedroom count and the Square footage at the county records appear to be lower than what the houses truly have. 

1) Typically what is the process to get this information corrected and how long does the process take? How much would it cost?

2) In one case the seller completed the addition of 2 bedrooms and 2 bathrooms without pulling any county permits. What risks do you see if working with the county to fix this information? 

I would like to hear other investor experiences in this area. 

Thanks,

Narayanan

Post: Challenging an Appraisal

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

@Charlie MacPherson - Thank you so much for sharing your experiences in great detail. There is some hope. I will continue to drill down and see how it goes. 

@Eric Veronica - Thanks for your quick response. Very helpful. 

Sure will keep all posted @Kevin Allen

Post: Challenging an Appraisal

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

I am in the the last stage of Refinancing a BRRR purchase. The appraisal came out to be less than I wanted ($110,000 compared to $130,000 I was expecting). Few of the appraiser's comps were different from mine.

Has anyone successfully challenged an Appraisal and received a higher appraisal after pointing the right comps to be used? I look forward to your experiences. 

Narayanan

Post: General Contractor Recommendations in the Triad Greensboro

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3
@Justin Craver- Thanks!

Post: General Contractor Recommendations in the Triad Greensboro

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3
@Karen Rittenhouse Thanks! I am planning to attend the next monthly meeting. Good to know about the weekly Wendover lunch as well.

Post: General Contractor Recommendations in the Triad Greensboro

Narayanan Bakthisaran
Posted
  • Oak Ridge NC
  • Posts 13
  • Votes 3

All,

I am looking for investor friendly and proven General Contractor recommendations for some BRRRR deals in the NC Greensboro/High Point area. Any thoughts or suggestions?

I would greatly appreciate it. 

Thanks,

Narayanan