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All Forum Posts by: Brandon Avedikian

Brandon Avedikian has started 2 posts and replied 4 times.

Post: Driving for Dollars & Contacting Owners

Brandon AvedikianPosted
  • Real Estate Broker
  • Dallas, TX
  • Posts 4
  • Votes 0

@Jeff Brower @Dave Van Horn @Zachary R. Thank you very much for the input. All the counties I am looking to invest in have websites that have the owner's name and mailing address. I take the owner's name from the county website and then type it into beenverified to try and contact them because I would rather reach them by phone/email as opposed to sending them a piece of mail. Have you found any useful resources that has people's phone number and email? Maybe trying to get the phone number and email is a waste of my time and mailing is the only way to go, but that is what I have been attempting lately. Thanks again for the help!

Post: Driving for Dollars & Contacting Owners

Brandon AvedikianPosted
  • Real Estate Broker
  • Dallas, TX
  • Posts 4
  • Votes 0

Hey BP! I have a question regarding how to get in contact with owners after driving for dollars. I read elsewhere on BP that beenverified is a good source so I gave that a try. Unfortunately, I have found it to be very ineffective and inefficient. In my experience, I have found an owners actual contact information in probably 1 out of every 15 homes. On the best, most distressed leads I have found from driving for dollars, I have not found one owner's contact information on beenverified!

Any suggestions on other resources to use to get into contact with owners? Thanks!

Post: Multi-Family Cost Dataset

Brandon AvedikianPosted
  • Real Estate Broker
  • Dallas, TX
  • Posts 4
  • Votes 0
Simon Wold I am currently looking into buying my first multi family property in dallas. It consists of 3 duplexes. How do you go about determining the vacancy factor in your area?

Post: Salvaging a flip gone wrong

Brandon AvedikianPosted
  • Real Estate Broker
  • Dallas, TX
  • Posts 4
  • Votes 0

I am currently trying to flip a property in Dallas. I am going to lose money for sure, the question is how much. I am considering trying to rent the property out for 6-8 months if it does not sell within the next month so that I can stop the bleeding during the winter months when the market slows while reducing my basis a little bit. The house is in a slower moving area and I know I will eventually find a buyer, but it is just taking a while. I could lower my price even more and take a larger loss just to get it sold, but that might not be my best option.

Does anybody have any similar experiences or advice you can share? Should I take a large loss now and move on or should I be patient, get some rental income, and wait for next spring to sell it when the market heats up again?

Any advice would be much appreciated!

Brandon