All Forum Posts by: Cale Ferguson

I highly recommend his book as well. Well worth it for the content!

I have not what is the cost? You can just go to J Scott's website 123flip.com and sign up for the newsletter and he gives you his rehab spreadsheets for free I believe. At least at the time that I signed up for it it was.

Congrats and good luck though!!

In my opinion, it looks like a good enough deal if you are certain of your rehab and ARV estimates. Other factors to consider though are holding costs and what fixed costs you will incur. You will likely pay around 3% of the purchase price in closing costs when you sell and if you are buying it from a bank, you may be responsible for closing costs on the front end as well. And account for most properties actually selling for around 5-10% less than what they are actually listed for.

Check out the website "getcompsnow" or maybe it's "findcompsnow".  There you can find the cash transactions that have occurred within your target area.  When you find several in the same neighborhood or on the same street with the same contact info for buyer, you've found your guy.  Obviously you should try many different strategies and find what works for you, but this is a tool I've used in the past.

Welcome to BP!

welcome to BP!

Welcome to BP and good to have the activity here in SC!

Welcome and good to see more in our area here. I am a real estate investor and agent here in the columbia area and am happy to help in any way I can. Feel free to reach out. Also you are welcome to come to one of our REIA meetings and see what you think. Let me know if you are interested. Best of luck!

What exactly is it that you want your focus to be??