All Forum Posts by: Aj Parikh

I think you have the right idea about setting up LLCs but from my understanding, you can just get a robust umbrella policy rather than setting up LLCs because its all about asset protection and not fancy LLCs. 

I would love to connect and discuss further so feel free to connect. 

Hi Wenqian, I would love to connect and help out since I have had experience working with turnkey providers. Feel free to book a call on my calendar and we can connect

With the liquid cash that you have, one of the easier ways to deploy it would be working with a turnkey company. Feel free to reach out if you want to discuss more because I have worked with a couple of turnkey companies. 

Investment Info:

Townhouse fix & flip investment.

Purchase price: $293,000
Cash invested: $51,000
Sale price: $395,000

Bought the property from Marketprohomes finished this 3 bed 3 bath project in 50 days

What made you interested in investing in this type of deal?

I look for projects where I can make 20k minimum profit and this project fit the buy box

How did you find this deal and how did you negotiate it?

Found this through a wholesaler

How did you finance this deal?

Bought it all cash through Private money

How did you add value to the deal?

Renovated kitchen, new appliances, new bathrooms, new paint and opened space in the basement added living square footage to the house

What was the outcome?

We were able to sell at the market price even with higher interest rates. We were able to get 25 showings in 3 days of listing the property

Lessons learned? Challenges?

Could have added a bathroom in the basement and made another 15k profit

Hi Ivan, this is great to see that you have taken the path of Real estate and even more amazing that you have already educated yourself enough to set a goal. I would love to connect and share my experience in Real Estate and see if I am able to add value to your journey. Feel free to reach out or book some time. 

Hi Sammy, Just sent it to in the connection request. Let me know how it goes! 

Hi Keivan, @Account Closed from Remax / Haven manage all my 12 doors in Cleveland and definitely recommend working with them. Feel free to reach out if you have any questions. 

Hi Chloe, One of the easiest ways of scaling in real estate today is to invest in turnkey properties out of state. If you have a busy 9-5 routine but have the money to get started and don't have enough time, turnkey companies provide some of the best resources to scale your portfolio. I have used that strategy so feel free to reach out if you want to discuss.

Hi Billy, I have found value investing in Cleveland, OH because it is home to Cleveland Clinic, lot of good neighborhoods, landlord friendly laws, stable appreciation and good cash flowing properties. There are also abundant opportunities for small multi family and SFH. I have been able to scale up to 12 doors in 2 years so definitely recommend this area. Feel free to reach out and we can discuss.

Hi Antonio, One of the easiest ways of scaling in real estate today is to invest in turnkey properties out of state. If you have a busy 9-5 routine but have the money to get started and don't have enough time, turnkey companies provide some of the best resources to scale your portfolio. I have used that strategy so feel free to reach out if you want to discuss.