All Forum Posts by: Adam Geike

Did he respond to you with a date? If so do you mind if I join you guys? I am currently looking at a flip opportunity in another state and I would love to ask some questions before doing my FIRST DEAL! I have a partner in that state that will be doing all the leg work and my part is sales and numbers. Need advice on what is a good strategy for making an offer. It's an off market deal I found through craigslist and my partner has been there to take pictures. I am worried about not analyzing the property and the repairs correctly and overpaying for this place. Any advice is great thanks. 

Current analysis: 

No mortgage

ARV= approx 180k

Est repairs: Partial kitchen, Bathroom, Drywall about 1000sqft, Possible siding, Raised deck in the backyard, step crack in the block foundation for attached garage, and of course the unknown!

Would love to attend a meetup with you and other local investors! Let us all know the date @Brandon Turner. 

Great story! I think I will be getting my realtor license sooner than originally anticipated by reading this. Thank you.

I have a question as a new guy to the investor market. So far I have been sitting on the sideline absorbing as much information as I can about rehabs, flips, and rentals but I realize that none of that is possible without good leads. When looking into what the best startout process would be I find different opinions regarding volume. I guess I'll start with my situation, I work full time and have only about 2 hours during weekdays and most of the day Saturday to devote to my investment career at this time. I have heard good and bad about bandit signs and have seen others with incredible returns from this source, however, there seems to be a lot of "restrictions" around city ordinances. What is the best way of overcoming that? Secondly, regarding letters, how much on a monthly average do the best investors spend if they want to generate 2-3 deals? I would like to start a campaign using the same names on a list and sending them 1 letter every 2 weeks for 8 weeks. Is this a good strategy? Lastly, websites seem to me to be the best for generating leads without answering a phone. If you have a good message and the website is inviting the motivated sellers will likely fill out the form and have you contact them. Am I right in assuming this? I invite everyone to respond with any and all feedback. 

Thanks BP Nation! 

What type of LLC should I form if my brother and I are about to start investing together as partners but live in different states? By what I've read so far I think I am to be a LLC taxed as an S corp. My other question would be if we should both be members that manage the LLC or start 2 different ones? Thanks for reading BP nation! Comments are welcome...