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Visit http://flipyourfirsthouse.com/ to get my Deal Analyzer spreadsheet for FREE. This spreadsheet instantly calculates your potential profit, so you know whether or not a deal is worth pursuing. Negotiating prices is one of the most valuable skills you can learn as a new fix & flip investor. In this episode, you’ll learn how I negotiated the price of the bathroom remodel at the Escondido property. You can watch the next episode in this project series, "Escondido Property Update - Breaking Ground on the New Addition" here: https://youtu.be/_Q4_yKrp5C4 Visit https://www.youtube.com/playlist?list=PLdD_oUkUm7kGqVWHqc9dgr464q6d0r6kO to see a complete listing of every episode in this project series.
Remodel project from hell!!!
http://www.FlippingMastery.com ; As the nation's leading expert when it comes to flipping houses and commercial properties, check out Jerry's latest tip, strategy, technique and/or just a darn good idea that will help you flip more deals and make more money. To learn more go to: http://www.FlippingMastery.com
Watch more Home Repair & DIY videos: http://www.howcast.com/videos/113079-How-to-Retrieve-an-Item-Dropped-Down-the-Drain How to retrieve an item dropped down the drain. Warning If you drop something down a sink with a garbage disposal unit, unplug the power unit before proceeding with the following steps. Step 1: Try a magnet If your item is magnetic, try dangling a magnet down the drain with string or use a magnetic screwdriver. Step 2: Empty the cabinet No luck? You are going to need to disassemble the pipes, so if you're storing anything in the cabinet under your sink, empty it out to give you room to work. Step 3: Turn off the water Use the valves under the sink to turn off the water flow. Step 4: Locate the trap Locate the pipe trap, which is the U-shaped bend in your sink's piping. Your item is most likely resting in this curve. Step 5: Position bucket Lay down a towel and place your bucket or a deep pan underneath the pipes. Tip Some sinks have a small drain plug on the pipe trap. Although the drain will probably be smaller than your item, try removing the plug and let the water (and hopefully your item) drain into the bucket. If it's not there, proceed to the next step. Step 6: Loosen the slip nuts With pliers or a pipe wrench, loosen the two large slip nuts connecting the trap to the rest of the piping. When they are loose enough, finish the job with your hand. Tip If your pipes are chrome, line the jaws of your pliers or wrench with electrical or duct tape to avoid scratching them. If your trap is plastic, use only your fingers -- otherwise you could damage it. Step 7: Remove and empty the trap Remove the trap and carefully turn it upside down to empty the contents into your bucket or pan. Step 8: Find your item Put on rubber gloves and dig through all the gooey sludge in the bucket to find your item. Step 9: Reassemble the piping Replace the pipe trap and the sealant ring in the line of piping. Begin tightening the slip nuts with your hand and then—if your trap is metal—secure them with your wrench or pliers. Step 10: Test for leaks Turn the water flow back on, fill the sink with water, and then release the drain to test the pipe for leaks. If water is leaking out, tighten the slip nuts. Step 11: Clean up Before replacing the items under your sink, you might as well give the cabinet a quick clean. Step 12: Buy and install a drain guard Buy and install a drain guard to prevent this from happening again! Did You Know? Ft. Lauderdale, Florida city employees once found a $30,000 diamond ring in the sewer system.
How to Hire a Contractor - 5 Steps You Must Know Whether you're building a house or simply doing a home improvement project, hiring a contractor is something you will have to do. In this video, Josh will share with you a true story about a couple who unfortunately got mixed up with a bad contractor. Sadly for this couple, it ended with them hiring an attorney and spending lots of money. Then, he'll show you the 5 steps that may have prevented this whole thing from ever happening. ================================= **Click Below to SUBSCRIBE for More Videos: http://www.youtube.com/subscription_center?add_user=yourbuildingadvisor ================================= Josh Fedorka Home Building Advisor Facebook: https://www.facebook.com/yourbuildingadvisor
Watch more Home Repair & DIY videos: http://www.howcast.com/videos/169879-How-to-Spot-a-Dishonest-Contractor
It's no accident contractors have such a bad reputation — they get more fraud complaints than any other workers! Here's how to find a reputable one — and skip the scammers.
Step 1: Make the first move
If a contractor comes to you unsolicited looking for business, he may not be reputable. Ignore the contractor who comes knocking on your door with an offer and go find someone on your own.
Step 2: Ask a test question
Test him with a question you already know the answer to. For example, if there’s a crack in your wall, say something like, ‘I hope I don’t need to re-sheetrock the entire room!’ If he responds, ‘You very well might,’ he’s probably trying to scam you.
Take your time! A shady contractor will pressure you to make a quick decision, because he knows if you have the opportunity to ask around, you’ll change your mind. A good contractor will let you think it over without any pressure.
Step 3: Ask for references
Ask for references from three other customers from three different time periods. Even a bad contractor can do a good job once, and you want to prove that he’s consistent. If he hesitates to give you the information, run!
Step 4: Get his card
Ask for his business card; if there’s a post-office box instead of a real address, that’s a red flag. Call the number on the card and make sure he picks up; some numbers are voicemail services you can’t trace.
Ask to see a copy of his insurance policies, which should include both liability and workman’s compensation. If he doesn’t have any and hurts himself on the job, or breaks something, you could be financially responsible!
Step 5: Check him out
Call the Better Business Bureau and see if there are any complaints about him, and the State Board of Contractors to make sure he’s reputable. Also, search for him online; if he’s a scammer, others may have posted complaints about him.
Step 6: Get it in writing
Never trust a contractor who says you don’t need a written contract. And don’t sign a blank contract or one with blank spots; he could write anything in there later and you would be responsible.
Step 7: Ask about permits
If there’s a lot of construction work, odds are you’ll need permits from your city or county. If he says you don’t need them, or insists you get them, that’s a sign he’s not licensed.
Look for a contractor who’s been in business for more than three years. If he’s been around a while, chances are he’ll still be around if something goes wrong and he needs to fix it.
Step 8: Pay by check
A reputable contractor will never insist on cash or a big deposit. A reasonable down payment is 30% of the total cost. And don’t give the remainder of the money until the job is done and you’ve inspected it.
Did You Know?
Roofing contractors get the most complaints, followed by general contractors and home-remodeling contractors.