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All Forum Posts by: Chris S.

Chris S. has started 24 posts and replied 72 times.

Post: Contractor No Work - What Would You Do?

Chris S.Posted
  • Gettysburg, PA
  • Posts 73
  • Votes 9

@John Hamilton  Thanks for the response!

@Linda Weygant Thanks for the response!

He did cash the check.  I sent a text to the old GC and asked for the contract that he signed.  Still waiting on that.  I trusted it would be fine b/c the old GC said the electrician was a stand up guy.  Anyway, live and learn.  Thanks for the help..

Post: Contractor No Work - What Would You Do?

Chris S.Posted
  • Gettysburg, PA
  • Posts 73
  • Votes 9

I was working w/ a general-ish contractor, but paying for the subs myself.  He hired a guy he knew for the electric and signed a contract with him, then gave him one of our checks for $1000 as a down-payment.  He didn't get the permit to go through for a while, we ended up cutting ties with that general contractor and the electrician still has our money and did not do any work.  I called 5 days ago with no return call.  He is licensed and has something to lose.

What would be your next steps of action?  Small claims court, collection agency, lawyer note, etc.

Thanks for any help you can give!

Post: Lender won't allow transfer of ownership to LLC

Chris S.Posted
  • Gettysburg, PA
  • Posts 73
  • Votes 9

@Jon Holdman  Hey Jon, I was going to try to get the mortgage in my LLC, but the lender I was thinking of using, doesn't do it. Do you think I should find a lender that does, or just go w/ this lender? This would be my 3rd mortgage loan in my name, so I'd probably get pretty good terms.. I'm more worried about liability.. I'd prob get at least a $1 Million policy though (In your opinion, do you think that that's that enough or too much?).. Thanks for any info!

Thanks for the info Eric!

Thanks Jon!  I really appreciate it..

Hello, I'm going to put an offer in on a duplex, but they have tenants in both units.  Do you have any tips on how I can protect myself from getting deadbeat tenants?  Or any tips at all on buying duplexes?  This is my 1st one.  Thanks!

Post: Too old to start?

Chris S.Posted
  • Gettysburg, PA
  • Posts 73
  • Votes 9
Check this guy out.. He has a great book out too.. Good luck! http://www.linkedin.com/groups/Buy-Rent-Foreclosures-3-Million-845877.S.200974428?_mSplash=1

There are 3 styles below.. 1st 2 are what she prefers, 3rd is something she's ok with:

Hey @Timothy Riley , thanks for the response.. It is a garage to the left..  A windiow still might look good though.. my wife is more in to the new houses.. 2 floors, etc.. the roof on this is pretty sloped.. 

Ideally we'd take the roof off.. add another floor and put the roof back on.. ha.

Hey, I'm looking for some help here.. I really like the location and the plot of land this house is on.. my wife is stonewalling me over the look of the house.  I'd be willing to put $100,000, $150,000+ in to updating the house's structure, but in order to change the look of this house what would it take?  I'm almost thinking it's better to bulldoze it.. ha.  Then just rebuilding the house on the foundation.. Personally, I'd live in a 1000 sqft box, but my wife is really picky w/ the way the house looks.. 

I figured if anyone could help me out here it would be the fine people at Bigger Pockets!

Any ideas would be awesome.. Thanks!