All Forum Posts by: Yinan Q.

@Perry Z., I will reach out so we can meet and talk.

@Albert Weaver, thanks for your interest. I've met most of people who replied to this post over the past a few months and I really enjoy doing that. They all come with different background and are doing different things in the real estate arena. There are flippers, wholesalers, commercial RE investors, developers, you name it. 

So far it has not developed into a regular or group meeting. But it could if there are more interests.

@Mike Clancy, I know this post has been several month old. Just want to see how the marketing campaign is going for you. 

WOW @Ana G., what a great post! Thank you so much for sharing your stories, your success, and lessons. I learned so much from you post. 

I am sure you will be much successful than you were before. what doesn't kill you makes you stronger.

@Brandon Harris, welcome to BP! 

@Stepfon Henry, I will send you PM.

@David Butler, thanks for your interest. I will PM you.

@Nghi Le, Sure let's make it happen. It has been a while since we last met. I am at 7th and Pike, about 15 mins walk away from your office. Let's figure out some time that works. I will message you my phone number.

Yinan

If your cost per lead is 150 and conversion rate is 10%, shouldn't your cost per deal be 1,500? 

Maybe I misunderstood the meaning of conversion rate. Is it # of deals/# of leads or # of clicks/# of leads?

Does your 5,000 per deal estimate include cost for someone to contact the leads and get a contract signed? Or it's just the marketing part of it?

Thank you.

When I analyze fix&flip deals that require extensive rehab, I always wonder if it makes more sense to tear the house down and built a new one. I have a pretty good idea of estimating cost for flips but not so much about new construction cost. 

Can anyone share numbers for new construction cost in Seattle and surrounding area? I know it depends but let's assume it's a tear down and rebuilt, all utilities are ready.

I've heard $150 to $200/sf depending on the size and level of finishes. This includes all construction cost from pouring foundation to installing door knobs, but does not include permitting. Does this sound right?