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All Forum Posts by: Joel Baptiste

Joel Baptiste has started 4 posts and replied 14 times.

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0

**Typo from the 1st message, not my offer price, but what i list it/Market it for will be $148k

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0

i see that Zillow has the common value for these condos around 155 to 157k, they listed for 155k previously, but im thinking this is before any repairs as is? are my methods of calculating the value of a home flawed? please help.. Also i looked for more comparable for these condos and none have been sold recently, does that mean this is a Great buy and hold property? is that how i should market this wholesale deal?

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0

also the property address is 

6021 64th Ave #21, Riverdale MD, 20737

Rent in that area for other condos just exactly like it in the same community are renting out for about $1700 per month based on that i think my offer price maybe should be around 148k? for a wholesale deal?

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
they had listed it before for a month or so but it didn't sell, only for 160k.. maybe my numbers are off on this one.. The contractor gave me that estimate.. it looks great tho, inside looks new..carpet looks new.. elderly couple who need to sell, rent on that area is 1200 to 1400.. My realator gave me the lead as they were planning to re list it for 155k as is..

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
Hey guys im doing more comparables to ensure accuracy, i think it might actually be worth 175k to 200k based on the sq foot and bed rooms of homes combined on that street and the next street over.. are your thoughts still the same? Again i truly appreciate your guidance.. im all ears..

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
**Sorry for typos Thanks For* responding Brian contractor gave me 9k in repairs, about 5k for the Hvac system Im wholeselling to build enough Capital to buy and hold, buy and flip..

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
Thanks gor responding Brian. so a contractor came out gave me about 9k in repairs, 5k yo replace the hvac system..and i am wholeselling as i want to buold plenty of capital before buy and holding, or buying and flipping..im wholeselling because im starting out little to No money

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
1.can someone let me know if my contract needs to be notarized?? 2. What is the best/fastest method to get buyers interest 3. under contract for 120k needs 10k in repairs..houses with similar sq foot and rooms go for about 200-250..if my offer starts at 170-180k is that too high?

Post: My first property under contract, MD experts please help!

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
My first property under contract..and i Need guidance please!!

Post: Working with a Real estate agent?

Joel BaptistePosted
  • Real Estate Investor
  • Parkville, MD
  • Posts 15
  • Votes 0
How should i structure my partnership with a realator? When wholeselling properties starting out..what is the benefit for the realator? does the title company take the place of a realator in the wholeselling process?