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Updated almost 4 years ago,
My starters plan ....
Thoughts from more seasoned individuals is greatly appreciated...
For me just starting out and also in the renovations business, makes sense for me to find the properties . Speak with owners, get a first of refusal or seller agreement. Find properties, crunch numbers, take photos, check court records, municipal liens letters, inspection, do a walk thru to determine how much in repairs, scope of work, etc..
Provide photos, number charts, before repair value and after repair value .comps (3) in area last 3-6months
From there, I come into an agreement with an investor and I get my finders/administration fee 😉
Or I come into an agreement and get % of final sale price..
I can even subcontract the work if the investors would like.
My focus is in off market (eliminate overpriced bidding wars) properties well blow market value. While during so I can buy and hold properties that work for me and family.