All Forum Posts by: Clark Henderson

Hey BP,

Trying to learn the best way to find a list for flips in my area (Bay Area). I know listsource.com can be a good place but it can be sort of daunting and confusing. Is there other good ways to obtain a mass list of motivated sellers that maybe we are not thinking of? Any advice is very much appreciated! Thanks!

@Hadar Orkibi Thank you I will do my best to get at least that.

@Brenden Mitchum You have a great point here. Only question I have for price to rent ratios though is what is the "sweet spot." I know an area thats not too high or too low but what about when it comes to return. For instance, I am looking heavily into Dallas right now. Seems like it covers the main metrics and lies kind of right in the sweet spot of ratios not too high or too low. Although, I am having a hell of a time trying to hit the 1% rule. Really more so reaching about .8% ish. Thanks for your response!

We are looking to dive into a new market. Although, seems that there are so many metrics that make up a good market for buy and hold investments. Population growth, job growth, rent growth, equity growth, price to rent ratios, 1% rule, hitting a certain % of roi, etc. Of course all are important, but not every market is perfect. Seems some cities have a few of the metrics where others don't. But the cities that don't will have the other metrics the first few might be lacking. Curious as to what the main few are to really feel like we are picking the right market to dive into. Thanks!

We are looking to dive into a new market. Although, seems that there are so many metrics that make up a good market for buy and hold investments. Population growth, job growth, rent growth, equity growth, price to rent ratios, 1% rule, hitting a certain % of roi, etc. Of course all are important, but not every market is perfect. Seems some cities have a few of the metrics where others don't. But the cities that don't will have the other metrics the first few might be lacking. Curious as to what the main few are to really feel like we are picking the right market to dive into. Thanks!

@Nathan G.

Can’t thank you enough for this @Nathan G. This will be a huge help for us in the future. Thanks!

@Theresa Harris

Yeah they aren’t getting their security deposit back that’s for sure. Thanks!

@Dennis M.

100% agree. Cut our losses and do what’s needed to raise rents. Thanks!

@Pat L.

Yeah we think it will be for the better as well. Thank you!

@Eric H.

Thank you! Agreed