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All Forum Posts by: Abdul Lateef

Abdul Lateef has started 18 posts and replied 35 times.

Post: Job description for a wholesaling operation COO

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

I am working on setting up a wholesaling compang, which will have a direct to seller marketing operation as well as a disposition part. Would like some inputs on how to find someone to run the operation as well as job description content.

Post: In house Direct to seller marketing for BRRRR

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

Setting up an in house direct to seller marketing operations to be able to acquire deeply discounter properties to be able to complete a full BRRRR (refinancing the entire investment rather than keeping some). Did anyone do this? Also, would love to connect with people who have built a direct to seller marketing operation (wholesaling)

Post: How much should a home inspection cost?

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

Hello,

I am starting out of state flipping, and to do that i would like to know how much my renovation would costs and what is needed to be changed. How much should a home inspection cost? and how can i make that inspection report a basis for the scope of work i will have contractors bid on?

@Scott Trench I would suggest to add a feature where people actually ask for these things, and also even segment it by region which will be even better and organized too.

Post: Direct to seller operation

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

Hello,

I am building a platform to be able to buy discounted single family properties at a scale (30-40 properties per month). The bottleneck in investing today in my opinion is finding discounted deals that can put me all in (including reno) at 70-75% of ARV.

What is coming to mind is that the only way to achieve that in this enviorment is to have an in house direct to seller channel rather than going with wholesalers etc.

As I have not done this before, but have capital to hire a team. What would be the way to build that in house cold calling (or whatever method) operation that would allow me to get the discounted deals and wholesale the ones that dont fit my buy box.

Highly appreciate any input here.

Post: How much should bookkeepers cost?

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

Currently looking to outsource bookkeeping/accounting tasks to a bookkeeper. I am realizing a difference between costs of services.

How much should it cost me to outsource to a company (not a freelancer) if i have a couple if properties. And how many hours does it reasonably take for a bookkeeper to oversee a renter property per month if I already have a property manager?

Post: Is the BRRRR method scalable?

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

@John Brodeur Thanks for the answer, what I meant is, is Brrr with single family scaleable if the team and other factors are scalable

Post: Is the BRRRR method scalable?

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

@Marcus Auerbach Thanks Marcus!

Post: Is the BRRRR method scalable?

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

@Scott E. Thanks Scott, fyi im not looking to do this in California, mostly in the Midwest

Post: Is the BRRRR method scalable?

Abdul LateefPosted
  • Los Angeles, CA
  • Posts 37
  • Votes 9

@Andrew Postell Many thanks Andrew for your highly detailed and thoughtful comment, really appreciated