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All Forum Posts by: Phillip Witt

Phillip Witt has started 4 posts and replied 17 times.

Post: Window installation cost

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

Thanks for the replies all! One thing that may have been unclear is that the 100 to 175 was just labor per window...the windows themselves were abt 275 for the size I specified. I do have 2 mich bigger and 3 smaller but those would still be that range for install. And the install included all interior and exterior work with no wrapping.

Post: Window installation cost

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

Hello BP World,

Im not sure if this is the correct location but I am just starting/working my way through my first rehab and trying to build my team. I just have what should be a quick question....Im in North Central Indiana and am just curious about how much folks pay to have a window installed...nothing special about the location or window itself...ground floor, double hung ~26x54 vinyl replacement. Im getting guys that want to price the whole job (23 windows) with no breakdown, and anywhere from 100-175/window.

Thanks!

Post: Estimating Rehab Costs

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

Only experience can hone this skill. It sounds like it would be worth it to find a investor-friendly contractor to add to your team.

Post: First deal down. What now?

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

No great suggestion for the next move except a refi for some of that current equity to leverage....but maybe rent the garage to increase cash flow even more on this property?

Post: Trying to get a hold of homeowner of an off market property

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

Via last listing agent?? Or it just may have changed hands so much that it will take a bit for the public records to reflect?

Post: Where to begin investing

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

A lot of folks would say Illinois...midwest...you are in the perfect place to start looking at least...why are you looking to start away from home? I am of the school of thought that your own back yard is the best place to begin in this industry. If you insist on doing the long distance thing...https://www.biggerpockets.com/store/long-distance-real-estate-investing-ultimate may be a place you would want to start?

Post: Who wants to do a JV!

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

With this attitude...this guy could go far! Good luck Tyler!

Post: Anyone ever joined a Vistage group?

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

No experience with it...but do they have a freebie meeting before you plunk down that kind of cash? Pretty steep price for a question mark...

Post: Getting quotes on rehab

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

Local REIA? Other investors there would have to have people they work with...bonus they can tell you who you should stay away from as well.

Post: Splitting the Profits

Phillip WittPosted
  • Rental Property Investor
  • Nappanee, IN
  • Posts 19
  • Votes 5

I have no direct experience with this however in thinking about possibilities...Could you agree on a labor rate for your work and then upon the sale of the property, pay back the cash partner, pay yourself the rate * hrs, as well as reimburse whomever for the materials and then split the rest 50/50?