All Forum Posts by: Gino Angelo Peguero

I would get into the fix and flip business model. You can't beat the double digit returns on these wholesale deals. All you need to know is the risk and reward, the rest is up to you.  The focus should be to grow you nest egg with defined risk 

• Are there any homes in probate in the area?
• Are there any homes with absentee owners in the area?
• Are there any homes with liens against them?
• Are there any homes with code violations?

whats more important when considering what works best? I'm all ears

Were are some tips for finding fix and flip properties with the potential for a high ROI: Where & Why ?

Peter, 

It seems that you need some off market deals that are not on the MLS, ideally off market. what are you looking for? and what areas you interested in?

 Hi, Bill

Yes I always like to share photo's with potential contractors, investors, its give everyone the ability to see what I'm taking about. I'm still in the process of building a short list of good people to work with. 

This was a big learning lesson for me, instead. Had to terminate and release 

I'm under contract for 145k, the comps (ARV) in the area are around 325k-355k, I showed the agent want comps he needs to make the fix and flip to work. He's brining newbie Investor that really don't have enough experienced in fix and flips and now my deal might not even survive. I spoke to several contractors and we all agree around 100k for repairs. its a 3 bedroom and 2 baths 1800 square ft, 2 stories I thought he had an investor that wanted to take over the project but they keep showing the property to other what to be investors. I've extended the due diligence period already, I'm about to panic. Did I price it to high?, are the cost of repairs beyond what I budgeted. What options do I have now? I really don't want else to do with this situation, https://www.zillow.com/homedet...

 Thanks for all of you're input, the plan was always to fix and flip, deals are out here. 

I closed this month for 180k, I season flipper with a crew bought it 

 I'm the listing Agent, I'm trying to get as much info as possible and putting myself in the mindset of an investor. If it were me I would just do the brrr strategy. They are comps in the hunter hill subdivision around 399-460k. I personally think in next 5 years homes will be worth around 500-600k.