Question
How are you experienced rehabbers doing in this market? I am going to be exploring doing some rehabs in the near future and want to get a different perspective from folks that are out there doing this right now, rather than from what the rehab gurus that are trying to sell me something. Thoughts?
We use licensed contractors only when permits are required.
We act as our own contractor, getting bids from handymen and small contractors whenever possible.
We have found the most cost-effective crew size is an experienced craftsman/business owner and a helper or two.
Most of the time we bid the job, but occasionally we will pay an hourly rate for less-skilled type of jobs....landscaping, etc.
[addsig]
Thanks for the tips and the feedback, Thats pretty much in line with what I have heard.
ITBinvestor, I see that you are in NC. When you submit offers do you use the standard offer to purchase and contract, or do you use purchase and sale agreement? I have heard I should use the latter, but all the realtors I ask have not heard of that being used. By the way do you belong to TREIA?
No worries ITBinvestor, I appreciate the feedback.
Investorinfo, thats what a few other realtors that I spoke to have also said, but I have heard from die hard investors that you should use a purchase and sale agreement because it has less loopholes. So what is wrong with using "Agreement for purchase and sale of real property"....form 580-T. It is issued by the NCREC.
-Pat[ Edited by pstabile on Date 11/12/2008 ]
take a contractor with you??
can you snake the drain line from the bottom of the dishwash out to the sewer line?
I have that problem in my home, and it turns out I was using too much soap that blocked the fine mesh over the drain,
does it have a new garbage disposal ?...if so, maybe the plug was not knocked out... Cwal
Bad pump.
Jim
More than likely its a bad pump. Cost of pump is about $130.00 plus installation. I usually install them myself and save the labor.
John
Me thinks there a joke here somewhere
DIVORCE = Out with the old, in with the new
We are all assuming that the dishwasher is no longer under warranty.
If the repair cost is $130 plus labor and the cost of a new unit is $200, I will always opt for a replacement over a repair.
[ Edited by NewKidInTown3 on Date 10/08/2008 ]
Thanks for all the suggestions.
It was an easy fix, a crimped water line.
I love it when its not as bad as you thought.
Tell me about it...I was SO relieved!