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Updated over 3 years ago on . Most recent reply

User Stats

416
Posts
188
Votes
Mike Schorah
  • Rental Property Investor
188
Votes |
416
Posts

Do You See Any Value That I Could Provide Someone?

Mike Schorah
  • Rental Property Investor
Posted

Hello BiggerPockets community!

I DO NOT OWN A COMPANY. THIS IS NOT AN ADVERTISEMENT FOR A COMPANY. I’M NOT SURE WHY MY EMAIL ADDRESS HAS BEEN PROVIDED. THIS IS ABOUT ME, MY EXPERIENCES AND MY GOALS. I AM NOT REQUESTING FOR PEOPLE TO GET IN TOUCH WITH ME.

My name is Mike and I have a lot of valuable experience. How can I help someone?

I have 5 years of home improvement experience (from 2003-2008). I have also owned 2 construction companies (a residential flooring company in 2007 and a residential general contracting company in 2013). Half of my family is in construction. I have an uncle who has over 35 years of carpentry experience and an uncle who has over 10 years of residential general contracting experience (currently lives in Florida, though).

I have a Bachelor’s degree in Business Administration with a concentration in Project Management and I graduated in the top 10% of my class.

I have 7+ years of business management/finance experience working in supply chain roles.

I decided last summer that I wanted to learn about flipping houses. I read 17 books related to flipping houses. I completed 3 courses related to flipping houses. I listened to close to 150 BiggerPockets podcast episodes (only the ones related to flipping houses). I went through all of the free stuff on this website. Since March, I’ve been reading the questions/answers on the forum related to flipping and I’ve been taking notes.

I’ve been analyzing 3 “deals” a day on Zillow and Redfin. So far, I’ve analyzed over 50. I plan to analyze at least 100.

I also plan to memorize J Scott's The Book On Estimating Rehab Costs. I plan to go to Lowes/Home Depot/other suppliers to get a good feel for current material prices. I also plan to get an idea of current labor prices.

Here’s where I’m looking to find out my next move. I currently can dedicate $500 per month towards marketing. My goal was to go Driving For Dollars and get a list of 400 vacant/distressed properties. I was going to mail them every month for a year. This is where I’m stuck. There aren’t any in-person real estate Meetups in my area. I don’t want this to hold up my progress. So, I decided to ask a question as a BiggerPockets member.

All I’m looking for is someone that I can feed analyzed “deals” or leads to for free in exchange for being able to walk the property while it’s in rehabbed condition and under contract (taking a cue from J Scott’s The Book On Flipping Houses).

If the above paragraph doesn’t seem doable, then could I ask: “How can I help someone?” Do you see any value that I could provide someone?

How can I find someone that meets this criteria?

Most Popular Reply

User Stats

1,221
Posts
689
Votes
Jeffrey Donis
  • Investor
  • Durham, NC
689
Votes |
1,221
Posts
Jeffrey Donis
  • Investor
  • Durham, NC
Replied

@Mike Schorah Hey @Mike Schorah I respect your determination and drive.

I always encourage people to invest their time into going out and meeting investors in your market. You can find meetups online. 

Meeting people in person and networking is a great way to build relationships with other investors. Investing in Relationships will have an infinite ROI!

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