All Forum Posts by: Howard Johnston

@Saravanan Saravanan

Trust me, I thought about that...but I'm booked out 4 months here and I'm in Jacksonville, FL and they are in Michigan. Do you know of any wholesalers or flippers that may be interested?

Hey folks,

My mom is unable to stay in the house that she is in and I live too far away to help her with it, so selling it seems the best option. This should be a good fix and flip opportunity. Please PM me for address and details. 

Thanks,

Howard

@Miled Ellis I second what James said! Matt is great!!

Give Matt Miller at ERA Heavner Realty a call. PM me for his number. He's a good guy and a great manager. Please mention that I referred you to him.

Aaron, Firstly our hearts go out to you and your family!! Given the many reports coming in we find ourselves blessed that we only had some yard cleanup. Where are you in Jax? We would like to be able to come help you. We don't know what we can commit to you as our schedule is quickly filling, but we do want to help! Check out our website www.nextelementhomes.com ...we aren't selling you anything we just want you to know we are legit and can help. We are a family and don't want to see another young family struggling in their new REI adventure. Please give us a call to see how we can help. Or certainly PM us. Blessings, Howard

@Thomas Franklin, Thank you for your time providing that information. It was very intriguing and echoes how I'm looking to approach properties. I would like to use a 50% rule to cover more costs and provide better spreads, but also realize, especially in a market like Jax, that that will be tough. I'll either get super creative (hustle) on the deal finding or get in with a great wholesaler.

@Joey Hamaoui , Thanks! I agree on the cost of acquisitions. My plan was to use the $100k as my portion of "skin in the game" and work with either a portfolio or hard money lender for the rest. Definitely will connect soon

@Gilian Gegawin , Thank you for the warm welcome. We hope to give back as much as we receive!

@Charles A. , Riverside is NICE! Are you flipping or Buy and Hold? Will connect if you don't mind.

Brian, we are investors/contractors new to the JAX area and may be able to help you. We show up on time, don't drink, don't smoke, don't do drugs. We take pride in our work, are detail oriented and leave our sites cleaner than we find them. To see some of our work, our website link should be below. We have homeowner and professional references as well. If you think we may be a fit, contact me through BP or through our website. Good luck! Howard

@Lesley Resnick Thank you! definitely interested in good spreads. 

@Joseph M. Thanks! I appreciate it!

@Corey Clarkston - thanks for the welcome. We are super excited to start flipping homes.

@Account Closed - Basically we are looking east of the St. Johns along the river, beaches/ICW area and Beauclerc, Mandarin, Julington Creek and maybe St. Johns. 

The houses we chose will be mainly driven by Price Per Square Foot. For example if you have two houses identical in size, that for the sake of this example, need equal rehabbing, let's say...$40K. One house's ARV would be say...$100 per sq. ft. whereas the other would be $135. Since we will be doing a majority of the work ourselves, to begin with, it would seem to make sense to rehab the 2nd house and getting a better return on your rehab labor.

So despite area, I'll be focusing on ARV with a higher price per sq. ft. Does that seem like a good strategy?

Thank you to @Bob Razler , @Trey Pryce  and @Chris Carson . I appreciate the welcome to BP. Thank you Trey for being willing to share your knowledge! Will definitely contact you when we get in town.

Thanks again!