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All Forum Posts by: Vincent Le

Vincent Le has started 2 posts and replied 5 times.

Contractors

Post: Cistern and septic inoperable

Vincent LePosted
  • New to Real Estate
  • California
  • Posts 5
  • Votes 4

Thank you for your input.

How about cistern?

0 Votes
Cincinnati, Ohio
Contractors

Post: Cistern and septic inoperable

Vincent LePosted
  • New to Real Estate
  • California
  • Posts 5
  • Votes 4

Anyone have an estimate on how much it would cost to get this repaired/replaced?  

Located in Cincinnati, Ohio.


I’m estimating 10k for both, am I close?

0 Votes
Cincinnati, Ohio
Starting Out

Post: Business Bank Account vs Personal Bank Account

Vincent LePosted
  • New to Real Estate
  • California
  • Posts 5
  • Votes 4

I'm planning on having a separate account.  The question is does it matter if it's a business or personal account?

2 Votes
Starting Out

Post: Business Bank Account vs Personal Bank Account

Vincent LePosted
  • New to Real Estate
  • California
  • Posts 5
  • Votes 4
Quote from @Ashley Yoviene:

We manage out business expenses out of a separate account. I have several bank accounts…

1. Personal savings/checking

2. Property acquisition checking (purchase and rehab costs)

3. Property management checking (income from rentals, property management charges, small repairs - anything that happens in the day to day post acquisition)


 Is your property acquisition and property management checkings account business or personal accounts?

1 Vote
Rehabbing & House Flipping

Post: Converting a property that is zoned 2 family back to 1 family

Vincent LePosted
  • New to Real Estate
  • California
  • Posts 5
  • Votes 4

This is in Ohio, 5 bed and 4 baths that was converted to 2 family.  I'm estimating about $50 per sqft rehab, but was wondering what the additional cost to convert back to 1 family.  Do I need permits?

1 Vote