All Forum Posts by: Isaac Chun

@Jay Hinrichs

Do you know anything about getting larger homes accepted for STR license here in Las Vegas or North Las Vegas? I have a potential deal that could work if they'd allow a 6 bdrm home for STR.

@Jay Hinrichs

I've began researching current str local regulations in Las Vegas and it seems a little bit difficult of a process to start and maintain. Even things like not being approved for a license for homes with more then 3bdrms. In addition, home prices are definitely on the rise and makes it less friendly to get a good ROI and positive cash flow versus other parts of the country with a more stable housing market/prices.

@Chris Clothier

Would that provided information that you shared be applicable to short term leasing properties, such as using Airbnb platforms?

@Chris Clothier

That’s some good info to process. Will take these things in consideration and continue to learn more.

Thanks Chris

@Michael B. thank you for the offer. I will keep you in mind during my continued progress in my investing

@Chris Clothier can you expound on why you advise against buying homes in my mentioned price range. I’ve come across investors who are quite successful using this criteria in their portfolio. Thx again

Does anyone have an efficient way of finding out what markets are top choices to purchase rental properties(primarily under $60,000 for sfh or $150,000 for multi-family homes?

Does this strategy still work if the seller has a mortgage on the property? If so, how does it change the process?

Roland,

That helps me see some of the variable dynamics for fee setting. I appreciate the overview!

Is the fee usually disclosed to the flipper/purchaser? What kind of factors would be put into the consideration of how much to charge?

Hello folks,

Can someone share with me, what would be a typical or fair fee to charge for assigning a contract dealing with a wholesale deal. Is there variables that affect this fee amount?