All Forum Posts by: Justin C.
Justin C. has started 42 posts and replied 171 times.
Post: Top ten ways to secure a buyers list?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Originally posted by @Shante Harris:
For Everyone: As far as working with a realtor for a listing of houses or buyers, is there a trick to get them to work with you or is picking the right one the name of the game?
Make them money. Start with the realtor you bought your house from. If thats not possible, a $50 bill works wonders.
Post: Top ten ways to secure a buyers list?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
this is a fantastics post! Thank you!
Post: Pennsylvania: Do you file a mechanics lien at time of closing?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Both my mentor and our mutual real estate attorney both strongly recommended filing a mechanics lien at time of closing. My wife is the buyer and I am the contractor. I plan on asking them to fully explain why this is, but I wanted to get outside opinions as well. This is also a Pennsylvania specific situation.
Thanks in advance!
Ref: PA Pittsburgh Philadelphia Pennsylvania Harrisburg
Post: mechanical lien in IL

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Hi Robert, I'm buying a property tomorrow and was recommended both by our real estate and attorney and our mentor to have a mechanics lien in place prior to buying. My wife is the buyer and I'm the contractor.
What became of your situation if you don't mind me bringing up this post from the dead?
Post: Final walk through on 1st investment property. What should I look for?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Originally posted by @Doug Shapiro:
Exactly what I was looking for, thank you Jay.
Post: Final walk through on 1st investment property. What should I look for?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Originally posted by @Richard Collins:
Yes, already have. Like I said, this is just the final walk through. The goal is to not spend too much personal time at this property in order to get it up and running. So I want to be as efficient as possible going into closing and the first hours spent at the home. I have some minor things that were mentioned in the previous post to do Saturday.
After that, its removal of all carpets, removal of floor in bathroom and kitchen, removal of a busted up stove, then paint and re-floor. I might have to install a new toilet and bathtub. Also have some minor ceiling work to do as well as installing 3 ceiling fans.
Post: Could cash-on-cash be the same as cap rate?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Thanks guys
Post: Final walk through on 1st investment property. What should I look for?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Thanks Andy. Yes, walked through with my mentor initially and now doing the final walk through with just the previous homeowner 2 hours prior to closing. Here are a few things I'm taking note of as well as verifying overall condition of the place:
- Front door, back door, and any side door knobs to be replaced
- Front/rear/side external light bulbs that need to be replaced
- Window blinds/curtains that need to be replaced (privacy and security issue)
- main water shut off location
I'm going to hit lowes/HD after closing to pickup new locks. Will be there first thing Sat to get the house workable. Walk through is 12pm Friday with closing at 2pm.
Post: Final walk through on 1st investment property. What should I look for?

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39
Just a general question prior to walking through with the previous home owner. Do you have a standard checklist that you use?
Thanks in advance!
Post: Marketing ideas

- Rental Property Investor
- NW, PA
- Posts 174
- Votes 39