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All Forum Posts by: Jefferson Ovalle

Jefferson Ovalle has started 6 posts and replied 15 times.

Post: Gotta Buy ...3 weeks... 1031

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

@Harry Marsh can you elaborate on your 40k in Waxhaw perhaps on a direct message?

Post: [Calc Review] Help me analyze this deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

I said go for it it seems like you accounted all the expenses, make sure the title is clear and there is no back taxes or anything like that, I would definitely do it! Good luck 

Post: Anyone is the Charlotte, NC area specialize in BRRRR?

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

I am working on my first BRRRR this is how far I am and how I did It:

I talk to realtors in 3 different towns near charlotte, I told them my criteria, I am a GC so I can eye ball repair cost, once I started getting the emails from the realtors I analyze close to 25 deals with the BP calculator that tool pays for the pro membership by itself, then I posted the analysis on a forum and I got tons of feed back from pros, this community is awesome in that way, so I learned from their comments and I narrowed it down to the property that made sense, we put an offer today and I’m waiting for the response, my agent took a class yesterday and luckily enough the listing agent was at that class so my agent got a good feedback on our offer, so now it’s a matter of time, I’ll update this comment on Monday to let you know how it went, 

Post: Looking to connect with investors in Charlotte/Gastonia, NC

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

I’m in I’m a general contractor/ investor I also have a wholesale cabinets and countertops business please count me in I’ll be happy to host a meet up at my shop.

Post: [Calc Review] Help me analyze this deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

Hey guys thank you for the feed back, great questions @jasen really I only need to do floor refinishing paint and small drywall repairs, replace appliances and some landscaping it helps a lot that I’m also a general contractor so I can ball park the repair cost very close. @matt I can pull more based on the numbers but I’m being shy until I get there, I’m thinking a haloc rather than a refi I’ll save some money on closing cost. I’ll keep you post it we put an offer today but is a reo so we won’t know until Monday 

Post: [Calc Review] Help me analyze this deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hey guys how about this one as my first BRRRR, any comments will be appreciated it

Post: Organizing potential deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

Hello everyone,

I’m trying to keep track of all the properties I am looking at and I’m using the reports  but I feel I need to organize the deals on a way I can see and compare, does anybody have a spreadsheet or something like that that I can use please, thank you in advance

Post: [Calc Review] Help me analyze this deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

View report

*This link comes directly from our calculators, based on information input by the member who posted.

What do you guys think for a BRRRR?

Post: [Calc Review] Help me analyze this deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

Thank you guys great feedback 

Post: [Calc Review] Help me analyze this deal

Jefferson Ovalle
Pro Member
Posted
  • Investor
  • Charlotte, NC
  • Posts 15
  • Votes 5

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi guys,

Any comments on this deal will be greatly appreciate it