All Forum Posts by: Corey Robinson

@Alex Penalva I never did b/c I started wholesaling and began cherry picking my own deals but one of my colleagues bought from them and was happy with them.  They send out a great deals on their list all the time!

@Nick Eldridge @Kyle Bambu I totally agree brother.  We don't look at Zestimates though.  If you have no choice but to use Zillow you would look at the comps for model matches that were sold as modern day rehabs within the past 6 months to a year.

@Kyle Bambu No problem bro! The best way to find the most accurate cash comps would be getting access to the MLS by leveraging a realtor. If you can't leverage a realtor a paid option is Propstream which gives you nationwide access to the MLS. Zillow is an option but best used to find the ARV of your property and from there you can determine your max allowable offer.

What's up broski! Merry Christmas! You're in a market with a lot of good guys that can help you get deals done if you can't find a buyer yourself.  Assuming you found these properties in hot zip codes finding buyers shouldn't be too hard to come by but in regards to estimating repair costs Brent Daniels (he's in your market) has a pretty good video that explains how you should be calculating these costs: (Don't know if BP will allow me to post the link but if you don't see it just youtube "Brent Daniels Easy Repair Cost Estimator")

The easiest way to find out your wholesale fee would be to find out what the cash comps are for neighboring properties that are in a similar condition to the ones you'll have under contract and see what investors paid for those properties.  Once you find that number subtract 10K to fit in your fee and that will be your max allowable offer.  Ex: Investors bought a property in a similar condition to yours for 100K cash so you would get your property under contract for 90K and sell it to that investor for 100K or more to get your wholesale fee of 10K or more.

@Eric Jones

I just talked to one of the team members and the term Astro flipping is more of a brand name for their coaching program but the company is KeyGlee. They’re disposition specialists and help tons of wholesalers in their markets get their deals sold. The coaching program will allow you to duplicate their process while they hold your hand. I’m on the fence about it but Jamil one of the owners of KeyGlee does some big deals with big names in the wholesale world so I might make the jump. If I do I’ll keep you guys updated.

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@Regina Jones yea it's monthly so you would have to factor that into your costs.  I ended up using my business to source the funds for deals.

Just watched Josiah Grimes webinar on it.  Definitely an interesting concept.  Interested to see who else is doing it besides him because he doesn't have the best FB reviews.

@Justin Young I outsourced that task to their partner company Kaydem Credit Help.  It was only $347.  I just followed up with them every once and awhile and they took care of everything.

@Maurice Colbert You'll be good bro.  We have pretty similar stats so you shouldn't have anything to worry about.  I'm just hoping to squeeze in another round.

@Maurice Colbert I received $40K, or so the first round and my FICO is 790 but when I first applied it was 707.  Went through Kaydem Credit to clean some things up on my credit so I would be stronger the second time around.