All Forum Posts by: Tamas Pal

Should I go with Floor and Decor / Lumber Liquidators or try to use another source? Is this something to DIY or is that going to be a terrible idea? (I have done drywall, skim-coating, electrical, plumbing, hanging doors and windows, and laid LVP flooring previously.)

Any suggestions are greatly appreciated!

Joseph you may consider the Quick lock engineered hardwood floors .It will make your life easier.Also you can save few hundred bucks on glue.I usually glue it down but I have installed many times without with no problems.Before you start plan the layout and start the installation regarding.
Good luck with the project!

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Originally posted by @Shavas Flowers:

@Brandon Kontorinis hello I am interested in freedom mentor but I can not find any accurate reviews just want to know if you went through the apprentice program if they actually do what they say

In my experience, they did not. I pay them foolishly 12k upfront. After I paid them, 180 percent of change occurred in their attitude, and everything was up to me. Did not teach me a thing about real estate investing. You'll have to find the deals , figure out how to finance them, and then they will decide how to suck the most money out of your deal. After few months, when I asked for a little cooperation, my coach told me I needed to pay a monthly fee to continue the program. I refused to pay, so they cut me off from the program.

In my eye freedom mentor program is a brunch of scam artists focusing on rip-off people.

My lesson learned: There are no ways around or magic formula. Take the time to educate yourself, research, and take action.

Since then, I have learned and made deals on my own.

I hope it helps.

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Investment Info:

Single-family residence fix & flip investment in Saugerties.

Purchase price: $41,500
Cash invested: $165,000
Sale price: $299,000

Gut renovation on a 3/2 single family.

What made you interested in investing in this type of deal?

occupational hazard

How did you find this deal and how did you negotiate it?

The property was bank-owned , found through the MLS listing. Offered slightly above the asking price.

How did you finance this deal?

Cash

How did you add value to the deal?

Gut renovation

What was the outcome?

technically a brand new house

Lessons learned? Challenges?

Spend time doing your homework

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Riva Nelson was very helpful during the process.

1 Vote

All Forum Posts by: Tamas Pal

Tamas Pal has started 1 posts and replied 3 times.

Post: Hardwood flooring pro tips?

Post: Freedom mentor

Post: Fix and Flip upstate NY