All Forum Posts by: David Mohrmann

What criteria do you use to decide whether to keep the current structure on the property or to knock it down and build a new house?

I have had a handful of wholesalers reach out to me, send me somewhat detailed synopses of properties, yet don’t disclose the actual address? Is this a frequently used tactic? If the wholesaler has it under contract, why would he not release the address?

@Christopher Edwards congrats on your win! How much are you paying your coach for this guidance?

Is there a resource for approximating rehab costs per square foot per location? I remember seeing on the forums that some contractors would state that in certain areas, $XXX/sqft for rehab is usual.

@Andrew Commins you can check the county assessors office online. Some will have maps that you can enter the address in and it will provide the owner’s name and mailing address. No phone number though.

@Rawn Wilson Great job!

@Thomas Staub I absolutely agree. While I think the financial fundamentals should be your end goals, the micro and macros of population ultimately decides those end numbers.

@Joe Villeneuve do you have any preferences on the local demographics metrics? A certain population growth, median household income, etc?

What are your best criteria for selecting locations to invest in? Do you have a minimum median income level in the county or a certain poverty rate? Please advise.

For those of you who have a handful of properties under your belt, are there any key indicators you look for when investing in a certain area, such as median income and unemployment levels, etc?