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All Forum Posts by: Samuel Fletcher Hardy

Samuel Fletcher Hardy has started 21 posts and replied 61 times.

Post: VA Loans on Multi Family

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

@Austin Steed

Hey Austin, I am an investor based out of the Seattle area. I am also a disabled veteran, with VA lenders they are not all created equally! The way it has unfolded for myself is we get to underwriting the underwriter fusses and complains and its the lenders duty and job to go to bat for there clients.

How hard they are willing to fight for you will directly impact this process.

All this being said your growing substantially faster then I have using it. They want to see you somewhere for atleast a year and you need a good reason as to why it is a benefit to you(other then financially) to move.

I am good friends with a several experts on exclusively VA loans as well as a gentleman that severed on a panel in 2008 that went after pretitory VA lenders. He is the one that urged me to be slow and smooth with my VA purchases for this reason.

Post: VA Loans on Multi Family

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

@David Robinson

Thank you! I will pm him and collaborate!

Post: Contractor recommendation Killeen/ Austin Texas

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

Hey Zach, What trade are you looking for?

Post: Contractor Recommendations in Bossier/Shreveport Louisiana

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

What trade are you looking for?

Post: Bad tenant finally left. Deposit refund.

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

Start getting bids for repairs and photos ASAP. Different states have different timelines but yes you need to send her something stating she will not get it back here is an itemized list of damages and costs associated with them. 
This will also help protect you in small claims court. You might be able to bill for other costs but I have never done it so I can't speak to that side of things.

Post: How to Find my first flip

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

My first question is why did the first few deals fall though? 
It sounds like you're on the right track. I would suggest breaking leads into priority scores 1. being the worst deal in a crummy area. 5 or 10 being the homerun I would mail the low scores call the middles and door knock the homeruns to priorities your time! Other then making sure you can get the deal to close its just a numbers game. If you want more deals you need to do more.

Post: Ditching contracting, considering consulting.

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

@Lee Ripma

Hey Lee, I don't even necessarily want/need to get paid(it would be nice). I think the networking opportunity and being able to be viewed as an expert in that area is worth its weight in gold!

Post: Ditching contracting, considering consulting.

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

Hey guys!

A little back ground on myself I am a licensed GC in Washington state. We previously specialized in working with investors and property managers. At the largest point I had 8 staffed employees out in the field, and were the preferred vendor for most property managers. We offered all handyman services and handled some pretty serious rehabs as well(I got to pick a garage up 8ft). We ended up changing directions because I was working every weekend and profit margins are always slim working with investors as a contractor. On top of that I could not offer a competitive wage for quality employees. 

I recently got an opportunity to do a walk though with a couple just getting started. It was originally to potentially bid some work.( They found me on BP and you guys have done so much for me I cant not pay it back!) I got to the house and they had a smoking deal in a great location! It was a 4bed 2.5bath right across the street from the best middle and elementary school. They had met with a few contractors and had some no show, when we started the walk though the prices and scope they were thinking(had been told) was way to high and way to big. 

While I was there I helped them nail down a realistic scope, order of events, and how to go about things rather is was a DIY item or here is a good sub I can suggest as well as here are some secret tools to cut down on maintenance in the future. We have stayed in touch and I have been some what of an accountability partner for them to stay focused. 

This has been a incredible experience and done wonders for me during covid. I wonder if there is a way I can do this more! I loved showing them how to cut so much fat off and in return help there family thrive. At the same time instilling in them some confidence. I don't want to be the contractor anymore but is there a way for me to almost consult?


This is my first long winded post, so thank you so much for your time and thoughts as always!

Post: Newbi investor in the Bremerton WA area

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

@Stephan J Hagen

@Jesse Munos

hey guys! Welcome to the area, I am over in port orchard and would be more then happy grab coffee and talk you through getting your basement converted or any other value add questions you have. I'm a licensed contractor and investor.

Also I can not say enough good things about Kristel!

Post: Small Town Property Management Problems

Samuel Fletcher HardyPosted
  • Rental Property Investor
  • Florence
  • Posts 62
  • Votes 25

@Nathan Fisher depending on the state that is not the case everywhere in both Washington and Alabama all squares(property manager) are rectangles(realtors) but not all rectangles are squares! Landlord laws are not what the typical realtors reading about.

I self manage out of state with little problems. What is your biggest concerns?

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