All Forum Posts by: Drew Dordan

@Motu Lemafa yes i do, thats my dad haha. Small World. thanks for the tips man! I definitely have a lot to learn

has anyone used the Home Depot Project Loan card? Let me know your experience! 

would it be easier to get financing if i and another partner create an LLC and apply for financing through the LLC. both with good credit and about $30k combined to put down. any thoughts?

My question is in regard to the legality of hiring people you know that are not licensed in a specific trade to work on a flip with you. I work as a maintenance tech for a property management company spanning multiple apartment complexes throughout the Portland metro area. Throughout the 5 or so years I've been with this company, I've gained a lot of experience in turning apartments myself, but i have all ran into a lot of highly skilled workers, who necessarily are not licensed in specific areas. For example, a foreman of mine wasn't a licensed electrician, but when we would do turns in apartments, he knew how to do low voltage electrical. He was also skilled in plumbing, sheet rock, etc. Sort of a Jack of all trades. So my question is, say i were to buy a property to flip, is it legal to hire him, for example, to do some electrical or plumbing within the property (if needed) without having to hire a licensed professional?

Thanks or any tips or answers! 

@Chris Parrish I should of mentioned it but i was mainly referring to friends, which you touched on. Like you I too have a buddy that is fair, has the funds, and is very driven. However, with all the negativity I've heard towards partnerships, especially with people you're close with, I'm very skeptical. Thanks for your thoughts! 

I'm interested in doing a flip in the Portland OR/ Vancouver WA area and I'm curious if anyone suggests pulling my money together with another partner to cover the costs. I feel like theres so many different costs associated with flipping a house that bringing in a partner to split the profits with after everything has been paid out might not the best idea. Please vote your thoughts or previous experience, thanks!

@Justin Silverio Awesome, thanks for the reply! You touched on one of my main questions as to how do you locate the owners name once you find their house? 

@Claire Trammell As a matter of fact i just listened to 81 while at work today! It was pretty in depth for a beginner but i definitely picked some information up. If i were to drive for dollars, to obtain the address of a distressed property i see, its as easy as pulling it off the house number/ street/ and zip code and mailing a direct letter?

@Andrew Detwiler would either of you recommend customizing the letter to fit the person or their house, or just send all the same letter to every house i choose? Thanks for the responses, ill check out your linked sites!

Kind of new to direct mail, so my question is:

How do you streamline this process? Is it as tedious as it seems? For example, driving to find distressed properties, Finding out their mailing address, and writing up one by one each piece of mail. Any tips on this process? Thanks a ton!