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Updated almost 4 years ago,

User Stats

20
Posts
16
Votes
Charles Thompson
  • Contractor
  • Pittsburgh
16
Votes |
20
Posts

My starters plan ....

Charles Thompson
  • Contractor
  • Pittsburgh
Posted

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.