All Forum Posts by: Jimmy Hodges

@Jorge Roman thanks I will be sure to do that.

@Jorge Roman I'm attempting to flip

@Frank Wong Thank you for the sound advice. I did a little research on what to ask and everyone says pretty much the same thing, ask about the house and then shut up and listen. I will reach out today and see how "trashed" the inside is so I can figure out my options. 

Thanks,

Jim

Never mind on question two. I asked before searching BP forums for the answer. Rookie mistake..

Also, on question three I’m looking to flip this if the numbers work out. Should have put that in there.

Thanks,

Jim

I received information on a house that has been vacant for over a year and the home owner is thinking about selling. I haven’t seen the inside of the house but according to my source the owner said it was pretty trashed inside. He was planning on remodeling it and started the demo but didn’t get to the rehab part. I am very new to all of this and really just started trying to learn in early December so I don’t even know what I don’t know. I have a few questions that maybe you guys here on BP can help me out with.

1. Can I bring in a home inspector to look at the house before I put it under contract to help with the rehab estimation? He is a friend so he said I could walk the house with him to learn what to look for. And yes I understand that the home owner would have to agree. I just want to make sure I’m not violating some law or something.

2. Is there a good list of questions out there I can ask the home owner to find out more about the property the first time I contact him? He is expecting a call from me and I want to sound as professional as possible.

3. Since I am so new to this I am willing to partner with someone here in AZ if they are willing to teach me and my business partner along the way.

Thanks BP,

Jim

@Patrick Allen, do you mind also sharing your personal reference with me? I know you put their website in your post but I assume you have a personal relationship that you are referencing. I reviewed H&S Accounting's website and it looks to cover every possible need. 

Thanks,

@Shiloh Lundahl Thanks for the quick reply. Unfortunately I won’t be able to make the 12 but I will see if my business partner is available. I will watch for your next one and will make it for sure.

Looking to get started in real estate investing and would like some advice on a good REIA or meetup in or around Mesa Arizona. Actually, I will take all the advice I can get for getting started. Thanks, Jim