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All Forum Posts by: Kendra T.

Kendra T. has started 13 posts and replied 57 times.

Post: Carpet, cabinets, and color oh my

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

I have to agree with others that the best way to get a "feel" for what is "in" is to drive around and walk through homes that have been rehabbed.

You have to act like a buyer yourself. Most of the buyers in your targeted neighborhood are also viewing the same homes. After a few homes, you should have a good idea of where to start.

Post: Windows question H

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Hey guys,

I have a house that needs windows throughout the whole house.

Question is, is it more cost effective to get a good window company and have them take care of the job from start to finish OR should I go buy the windows myself and get a handyman to install those windows instead?

Post: What's a good roi?

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Thank you all for your insights. Keep them coming!

Post: What's a good roi?

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Hi djjk1:

Please accept my apology if the question was vague.

What I intended to ask is what kind of return does a season investor look for in an investment property? Let's use a flip, for example.

Are they looking for 20k in profit? 10% or 20% return?

Post: What's a good roi?

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Hi all,

What's considered a good rate of return for flipping properties (in your opinion)?

Please enlighten us noobs.

Post: To fix or not to fix? Concrete slab...

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Just Don: I'm going to meet with a contractor who specializes in restorations on Monday morning. I'm exploring all other routes and alternatives besides the "take out the old and put the new" option.

Post: What if I need my money?

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Jon and Brian: Thanks for your responses.

I'm still trying to learn as much as I can regarding seller financing as this might be an option to have available as an investor.

Post: To fix or not to fix? Concrete slab...

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Nick and John: Thanks for the reply.

The cracks still look fixable. I'll see if I can get them fix without redoing the whole garage slab. I'll keep you guys updated. :)

Post: What if I need my money?

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Hi guys,

I have a few properties that are cashed out. Yay me! I also know a lot of people who have foreclosed on their previous homes due to the real estate crash and job circumstance but have also gotten back on their feet and are paying high rent right now.

I'm interested in selling a few of my properties using seller financing. I think I understand the basics of it, but the question is, what if I need to take the equity out of a particular house?

For example, the house is cashed off at 100k. Seller financing purchase price at 130k. But I might need 75k down the road. How do I take out money from a paid off house that is also in a seller financing contract?

Is that legal? Or possible?

Post: FHA Appraisal Comes In Low

Kendra T.Posted
  • Elk Grove, CA
  • Posts 65
  • Votes 9

Hi Tony,

Some lenders have their own "approved" appraisers. So if you have a new buyer but going through the same bank, you're likely to get the same appraiser who will probably issue a similar report.

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