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Updated over 2 years ago on . Most recent reply

User Stats

81
Posts
24
Votes
Regina Sloan
  • Investor
  • Indianapolis, IN
24
Votes |
81
Posts

New Flippers, need some guidance/advice

Regina Sloan
  • Investor
  • Indianapolis, IN
Posted

Hello everyone,

So, we've seen SEVERAL properties and either the numbers didn't work our it was gone prior to us making our decision. How can we get this ball moving or is it just to continue what we are doing? Struggles below

We fould a realtor that has agreed to send off-market comps to us, and we'll list the property w/ her. 

We are working with a realtor for MLS as well.


When we do see a property of interest, we are NEW so need someone to come out and give us an estimate on repairs prior to knowing if it's something we should jump on. 

But.... one, two or both things are happening: our realtors are sending comps 1-2 days later (sometimes longer) and trying to coordinate for GCs to come out, it takes all well too long. If the property is a good one, it's long gone. We don't feel equipped to see properties on our own and give offer (MLS or Off-market) or to give offers prior to seeing it in general.

Any advice? Willing to answer whatever questions you have! 

Most Popular Reply

User Stats

50
Posts
38
Votes
Cyle Harris
  • Flipper/Rehabber
  • Detroit, MI
38
Votes |
50
Posts
Cyle Harris
  • Flipper/Rehabber
  • Detroit, MI
Replied

I second @Marty Boardman's comments above. Sit down with your realtor and contractors and work out some type of paid agreement to reinforce the urgency behind your requests. 

In today's competitive buying market, us investors have to be creative to acquire the best deals. Good luck.  

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