Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jared S.

Jared S. has started 10 posts and replied 69 times.

Post: Hiring a PM to oversee new construction

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

I work for a builder here so I know all the subs and the costs.  I just can't be on site everyday, etc.  I'm looking for the cheapest alternative for help, but that help has to be knowledgeable and assist me.  If that exists.  

Post: Hiring a PM to oversee new construction

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

I would act as the GC but would like a PM to oversee

Post: Hiring a PM to oversee new construction

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

I'm curious if anyone has ever hired a project manager to oversee one single family home being built.  I have the ability to do it, the subs and the costs.  I just don't have the time to oversee everything and schedule it all out.  

Anyone ever hire one and at what cost?

Thanks!

Post: Orlando area My background, possible assistance

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

Thx guys.  I think I was too vague with my question. Who are these hard money lenders?  

Post: Orlando area My background, possible assistance

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

Nothing?

Post: Orlando area My background, possible assistance

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

So I've been looking for a house for a couple months.  Came somewhat close twice now.  The last one was a home in Oviedo I liked a lot, margin was small but wanted to do my first flip and get my feet wet so to speak.

As I continue to look, I've noticed that not having cash is a big disadvantage.  Places like Hubzu and auctions, I might as well forget about.  No cash for a full purchase.  

My background:  degree in finance, early 30s, I work in the industry but not in sales.  I have a pretty good idea of what homes need to sell, I have a good grasp on what I can sell them for when rehabbed, and I have a good idea especially in Oviedo of what people want and how much money to put in a house to get the best return.  I have a good handle on construction, I have folks that I can get material and labor, etc.  I can get things at cost or just over cost.  My credit is decent, roughly 700 score. My problem is no cash. Well I have some, but I can't purchase a home with cash.  I need a partner, or a way to obtain cash so that I don't go to the back of the line every time I want to make a move. Any ideas?  Anyone need a partner or want to try to work out some type of partnership?  Thanks!  

PS - I'm serious about the business, and I'm trustworthy.  I have a wife and kids.  I know this isn't a get rich quick business.  I know good contractors are hard to find, I know people don't show up to do work a lot.  I know all of these things and I'm very realistic.  I'm looking to get started!  Thanks for reading.

Post: Orlando flip. First one.

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

you are buying off hubzu, so cash deals right?  Also are you having these homes inspected prior to putting in an offer?

Post: newbie flipper

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

I lived there for 8 yrs. I love Asheville but how ppl can afford to live there on what they are making is beyond me.

Post: newbie flipper

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

I'm very familiar with Asheville nc.  It seems very boom or bust in my opinion.  Low wage jobs, economy kinda rough and very tourist based.  And doing this from 2 hrs away seems very difficult.  I'd want my eye on it a few times a week.  Just my 2 cents. 

I got outbid on a nice house in FL where I am last month.  All cosmetic issues.  I wanted to steal it so I offered lower than I knew would be accepted but u never know so I tried.  If a flipper bought it, he'll make 100k in what I could get done in 2 weeks time.  Oh well.

Post: House I want is on 5 acres, can I subdivide?

Jared S.Posted
  • Professional
  • Central FL, FL
  • Posts 70
  • Votes 8

thx gents!