All Forum Posts by: Javier D.

@Adam Higginbotham

I think you need to dial down your repair numbers. 90,000 for a 1200 sq ft rehab on a starter home is pretty high.

Market is hot right now and deals are hard to find but theyre out there. Try to perfect the things you do have power over. Let me guess.. that estimate wasnt itemized was it. Do you have a hard money lender? What interest rate? Can you find better?

Is wholesaler an agent? Can he list it again at a discounted rate when you’re ready to sell?

You’re blaming a wholesaler and trying to negotiate in a market where he just doesnt need to. Did you see if the property had violations/liens before you walked it with a vendor?

@Adam Higginbotham

90k for a rehab? How big are these houses?

@Kyle Falkenstein

Make your investment as profitable as market allows. There are better vehicles for charity.

@Cara Kennedy

I would flip this not hold. What is your target return on investment? Its important to have parameters you follow. Looks like a good flip to get some liquidity though! Good luck

@Harold Albertson

I tried buildium and appfolio. Have 70 doors and went back to excel and my own system. Too much data input. Maybe its time for a part time assistant? I liked buildium better if you go that route.

@Jimmy M.

Not really up to the landlord to take responsibility over the creeper. Buy your sister a taser gun and have her leave the window open. I think this is more your responsibility as her sibling not taking on the landlord/tenant issue.

@Mark Fries

About 2500-3000 per home here in Miami for windstorm so every 3 years im paying them for a roof that might come off during hurricane season. No thanks. Still gives me anxiety during hurricane season being uninsured though, especially last week! We dodged one.

@Kyle Falkenstein

Lvp. Buy them an area rug from walmart to make them feel special if you want.

@John Chapman

Raise rents to market. This is a business. Quality tenants depend on a quality product and quality screening.

@Jason Martinez

Never. Leave at least 10% for post punch list.

No protection for you. Your pm should be looking out for your best interest.