All Forum Posts by: Charlie Green

I am looking for a checklist to go through a property and know exactly what the rehab will cost (within $1k).  Are there any resources available online or do contractors/investors have this?

Thanks, 1st post, I cant believe I haven't used more BP in my investing career thus far, so much valuable info! We did $20,000 of rehab with the new wiring plumbing, rear porch, landscaping, garage teardown & drywall. There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom. We are starting our first BRRRR property in Garfield Heights 44125. Contractors come next week!

 Hi Caleb, Thanks for the Reply.  The house was vacant for 5 years with a new roof (5 years ago).  This one was strange because I ended up splitting the companies and partners involved in the deal so we liquidated halfway through the project.  We specialize in auction properties all over Ohio but specifically in cuyahoga county.

What are people using for their CRM tracking to stay on top their deals.  I have found that FlipSystem offers a free deal calculator that does an incredible job at showing the deal breakdown and exit strategy numbers.  I am looking for a system (or plan to create) with checklists to go through the deal process.  This is to be very detailed so anybody could tell you the next step no matter what the project is.  

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $25,000
Cash invested: $45,000
Sale price: $70,000

Foreclosure auction. did half the flip work, sold with new walls and new electric/plumbing.