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All Forum Posts by: Jake Soteros

Jake Soteros has started 12 posts and replied 16 times.

Post: single family flip during Covid

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $80,000
Cash invested: $46,000
Sale price: $240,000

Added a bathroom, single car garage, new drains. Ended up great with about $78K profit

Post: Mobile flip in Las Vegas, NV

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Mobile home fix & flip investment in Las Vegas.

Purchase price: $91,500
Cash invested: $39,000
Sale price: $169,000

Mobile flip in east Las Vegas. Had some foundation issues so went from a perceived $26k profit down to about $16K

Post: Anyone work with Three Pillers Capital Group as a Key Partner?

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Ive sat in on a couple of their webinars. Seems like recruiting as I believe there is a $4800 yearly fee for access to deals and to be a key partner. Are these guys legit and doing deals with their "Key Partners"  Just looking for insight.  Thanks

Post: are Propstream tax liens leads accurate?

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Thats a good plan, thanks.  I  will keep you posted.

Post: are Propstream tax liens leads accurate?

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

I have heard that it is hard to get accurate lien info nationwide and to be careful when trusting data from providers claiming accurate tax lien and divorce data nation wide?

Any info is appreciated?

Post: Las Vegas flip and had a great time doing it

Jake Soteros
Pro Member
Posted
  • Flipper/Rehabber
  • Las Vegas, NV
  • Posts 16
  • Votes 3

Investment Info:

Single-family residence fix & flip investment in Las Vegas.

Purchase price: $140,000
Cash invested: $41,000
Sale price: $230,000

Found door knocking. Total gut and rehab with heaving foundation. Not fun but worked out well.

What made you interested in investing in this type of deal?

Money and fun

How did you find this deal and how did you negotiate it?

Door knocking. Was pretty straight forward

How did you finance this deal?

Hard money purchase my cash rehab

How did you add value to the deal?

total rehab

Lessons learned? Challenges?

Do better drain inspections on old houses