rehab: Finally Answer to question 10 from Blog about TOP TEN Rehab items.... - 11/14/08 03:26 AM
10) Never paint Latex paint over oil base paint. What happens?
Answer: 
Latex paint painted over oil-based paint without a primer will come off if you try to clean off dirt, finger prints, etc.  Use of water-based latex paint over more than three or four coats of old alkyd or oil-based paint may cause the old paint to "lift off" the original surface (peal). … (4 comments)

rehab: Answer to question 7 from Sunday's Blog about TOP TEN items.... - 10/24/08 10:56 PM
7)  When you are finished rehabbing, based on the age of your property you may need a four point inspection. What is this and what is it for?
Answer: Insurance companies and state counties will grandfather in single family homes that are not up to existing code regardless of the home's age.  If you decide to refinance the home or pull permits to rehab it, the home's age may become an issue. The age of the home starts to become a factor when it passes its thirtieth birthday.   Some counties have different age parameters but you get the idea. 
Insurance companies … (0 comments)

rehab: First 2 answers to the Ten Things to be aware of while rehabbing a Property... - 10/20/08 02:04 AM
These answers come from personnel experience while rehabbing properties: 
Here are the answers to the first two items from the Sunday's TOP TEN Blog:
1) While demolishing a property, rehabbers will order a dumpster. The City/County knows when you order one. Could this be a problem? Why? 
Answer:  You may start demolishing the property before you pull permits.  This is a NO NO! When you pay your fee for the dumpster, the county is notified by the dumpster company.  Besides, there is a huge and ugly container on your property.  Any county inspector can pull up and ask for copies of the pulled permits.
P.S. … (5 comments)

rehab: Ten Things to be Aware of while Rehabbing a Property and free.. - 10/18/08 12:48 PM
I wrote this article to make you think about the answers. Some of answers are going to be common sense but I tried to make you think a little before answering them.Ten Things to Be Aware
of While Rehabbing a Property While demolishing a property, rehabbers will order a dumpster. The City/County knows when you order one. Could this be a problem? Why? You may need to upgrade the electrical drop and service if you find a house that is using GAS and you want to change to everything to electric. Hint: Amps 50% Rule. What is this? Don't install your Central … (2 comments)

rehab: Miami Real Estate Investors Association MREIA Photo Gallery and Summary of April 22nd 2008 Meeting - 04/26/08 09:19 AM
MREIA Photo Gallery Photos of April 22nd, 2008 meeting at the Renaissance at the Gables, www.invetmentpropertiesmiamiflorida.com/? page=mreia
Click Here to view MREIA Club Page MREIA's April Meeting
Summary and Photo Gallery Meeting Summary: Great MEETING! Attendance was refreshing with new faces and some old ones that I have not seen in a long time. It was good to see Simmie Muhammad even though he was going to Detroit he had time to stop by the meeting before his flight. Eduardo Pardo left his glasses behind but we saved them and handed them back to him in the morning. He requested from … (1 comments)

rehab: CREATING WEALTH REHABBING PROPERTY BY PETE YOUNGS - 04/13/08 09:50 AM
 
When I was growing up and about to graduate, I wondered what path to take as I entered the life of leaving mom and dads house and making it on my own. It was always a dream of mine, like everyone to become wealthy and be my own boss. So in my last year in high school, I got into a work for credit program that allowed me to get out of school early and go to work for school credit. I was given a job painting the inside of vacant properties at an apartment complex for a general contracting company. … (2 comments)

 
Bob Burns, Real Estate Marketing and Blogger (Miami Real Estate Investor's Association MREIA)

Bob Burns

Real Estate Marketing and Blogger

Miami, FL

More about me…

Miami Real Estate Investor's Association MREIA

Address: Miami, FL, 33132

Mobile: (305) 586-5280

Educating Investors in Real Estate and Investment Strategies that produce multiple streams of Cash Flows or Assets.


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