All Forum Posts by: Jack Schwartz

Hello Dan. Good luck with your new venture of Flipping, Yes to money lending, No to hard money lending, it'll eat up your profits in no time! Rehab prediction is no good friend in most scenarios, so you bought the property for 100k according to the 70% tactic, the estimated rehab cost can be surprisingly much higher than predicted, plus the 10 to 15 % hard money interest costs, so, just think of having pants with BiggerPockets... 

Thank you, Braden, very helpful!

Yup. Older MLS listings are a good source to find worthy fixer-uppers, in such case as per our experience its worthwhile to partner up with your contractor / rehabber, so, he knows the ins and outs where / how to save $$$ for a greater return of partnership, 

Hi,

How about investing in distressed 1-family homes, They are close by to world-famous attraction places, (some within walking distance, or a short minute's drive) Very cheaply priced, and way below equivalent houses somewhere else. either for Fix and Flip or for Short-Term Rentals/Airbnb, I am a strong believer in my forecast vision, and as far as I look at it, sooner or later these houses will get to be hotcakes! Yes, must say, the neighborhood is not in the best shape, even though it is not the way it should be looked at, Common sense says; As the more fixed rehab homes there will be, the better the town report-card marks will increase,

feedback welcome,

Jacob

 Great piece of info and advice,