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All Forum Posts by: Brent M.

Brent M. has started 5 posts and replied 22 times.

Post: New Investor South Florida

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0

Thanks @Dave Visaya I'll take a look

@Darron Stewart how was that experience with Legalzoom I recently thought of using them

@Bryan L. What of the dealer tag? I have heard this mentioned Around a bit it. I figured to avoid that do one deal n incorporate...this was my reasoning behind incorporating early..is this and issue at all in the beginning..is there's cut off to the amount of deals that can be done

Post: Estimating for repairs

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0
Thank you so much Will Barnard

Post: HELP!! THIS IS MY DEAL STRUCTURE

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0
I am new in this and would like any input possible.... Single Family 4/2 Sq Ft. 1170 Built 1971 Good Condition Asking: 199k Market Value: 127k JAN 2014 (?) county site 1. Should I use this being it's off the county's site otherwise I got 153k on another site.. Comps: 180k,180k,182k Last 3-6 Months ASP: 180k average sale Repairs- $12k est based on sqft Fee: 10k 1st offer-MAO= ASP x .70 - repair - fee Average Sale Price 180,000 x .70 - 12000 - 10,000= 104k 180,000 x .65 - 12,000 - 10,000 = 95k 180,000 x .60 - 12,000 - 10,000=86k 180,000 x .55 - 12,000 - 10,000 =77k 180,000 x .50 - 12,000 - 10,000 =68k Where should I begin my offer ? Any help much appreciated

Post: Estimating for repairs

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0
When it comes to estimating repairs and square footage I see the property listed on sites at 2300sq ft but on the county site it's base BAS) sqft is about 1600 which is basically the living area I believe and not the garage and porch etc.. so which one should I use to estimate my repairs? Thanks in advance
MAO= ARV X .70 -REPAIRS-ASSIGN. FEE Rod Coleman od

Post: New Investor South Florida

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0

Thanks I look forward to it all

Post: New to Wholesaling in Raleigh, NC

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0
Welcome

Post: LLC?

Brent M.Posted
  • Hollywood, FL
  • Posts 24
  • Votes 0
I have heard a bit about the dealer tag when investing and it def scares me a bit. I wonder if I would be fine doing my first wholesale deal without being incorporated. I planned to incorporate after my first check from wholesaling. Is this okay?