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All Forum Posts by: Jackson Harris

Jackson Harris has started 4 posts and replied 107 times.

Post: Home Renovation for MTR Question - Bathtub in Master, not in Hall Bathroom

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hey Matt, I wouldn't say it's a deal breaker but it depends on the target market for this property. If you're trying to get traveling nurses or single professionals then the tub shouldn't be a deal breaker. 

If you're looking to target a family with young kids or older folks then you may want to consider it a little more in depth as these people may need a tub. Since you have one in the hall that should be fine either way though honestly. If you were in Sun City with the older population it may be a deal breaker but I don't think so in Mesa.

Post: My first Flip!

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

This is awesome Aaron! 

I'd love to connect sometime, I live in Phoenix and work with mainly fix and flippers. Would love to hear about some of the challenges you had, local contractors and suppliers you used, and see some more of the before/after. 

Post: Interested in learning more about markets in Arizona

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hey Natasha, I was looking for the same type of properties in the area just a few months ago. Have a few areas in mind that typically have good options. 

Definitely areas you can break even or cash flow on multifamily properties here, message me and I'm happy to get on a call!

Post: MTRs in Mesa, Arizona

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hi Anya, my partner and I have an STR out in Mesa and are closing on another in the next few weeks. Happy to add some insight into that market, feel free to reach out to me!

Post: Guidence on starting out on Real Estate

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hey Jimmy, feel free to reach out there's a few different avenues you can take. Like @Jeremy Holden said above, sub2 could be a good option for you, he's a great resource to lean on in this market as well.

Post: Introduction to Bigger Pockets

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hey Josue, happy to connect, I was looking for multifamily just a few months ago and have some good areas in mind down here!

Shoot me a text, would love to grab coffee, always good to have some local connections!

Post: Flipping Success: The Art and Strategy of Profitable Fix-and-Flips

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41
Quote from @Rene Hosman:

Great answer @Jackson Harris ! I know people handle the hiring and pay structure of their contractors differently. Like choosing to pay for your own materials, or paying when certain milestones are hit. Do you have any suggestions on how you've found to be the best way to structure pay so that your interests are aligned with the contractor?


 Yeah good point, usually in installments when milestones are hit. Like ok the bathrooms are done, pay them a certain amount. Or you can do it the other way where you give them the money piece by piece for them to use for materials, then you pay for labor after it's completed. 

Once you do have a good, consistent contractor you work well with you can also try to have them buy into the deal so they get a percentage of the profits and they put money in the deal. Or they're incentivized to get the project done by a certain date and they will get x in return - keep in mind that can be a slippery slope if they rush to get things done and cut corners.

Post: I Need Recommendations for great Fix & Flips areas in the U.S.

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hi Gina, sending you a PM. I'm in the Phoenix market, you can still find good prices off/on market and get good spread on deals all over out here. Happy to talk with you about this market!

Post: Flipping Success: The Art and Strategy of Profitable Fix-and-Flips

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41
Quote from @Willis Yoder:

What’s the biggest challenge you’ve faced during a fix-and-flip project, and how did you turn it around for a successful sale?


 Hey Willis I'm an agent in Phoenix working mainly with fix and flippers. I'd say the biggest issue I've seen is not having the right contractor/service providers. You have to make sure they do quality work and communicate well, otherwise you're held hostage. 

How they overcame it is either finish out the project and don't use them again or cut them loose and get a new contractor to finish the work!

Post: Construction Worker Looking to Break into Fix and Flips – Any Tips?

Jackson Harris
Pro Member
Posted
  • Real Estate Agent
  • Phoenix AZ, USA
  • Posts 112
  • Votes 41

Hey Dani, sent you a PM. I work with flippers in the Phoenix market - would be happy to offer some advice.