All Forum Posts by: Johann Villalvir

Hi y'all, I created a 48 minute course geared for Beginners / Intermediates looking to invest in Indianapolis. It goes over locations to invest in for cash flow / appreciation, different strategies (MTR, LTR, STR, BRRRRR), how to run the numbers in context, and overall Indy principles.

This is a super rough draft. I'm looking for some folks to watch and give me some honest feedback!

- What was strong?

- What changes would you recommend?

- What could I be missing?

Plug it in on a drive and just listen maybe. Any feedback would be awesome!

https://www.loom.com/share/5a288ed761fb46cdb6a9cd9047f30675?...

This is awesome @Tyler Lingle. Thanks for putting it together

0 Votes

Indianapolis, Indiana

Hey Arturo, we have several users in our app that are new to real estate and would benefit from your services. Let's connect

1 Vote

Quote from @Bill B.:

Easy: single story, 2-3,000sf, 3+ car garage, built in the last 10 years under $200/sf, no pool, stucco siding and tile roof, on the north side.

Simply put in all your known limits and you’ll narrow the market significantly. Limit it enough and you’ll have a very manageable pile, especially after you go through the current market. New on market might be only 1 or 2 per day.

Thanks, this is what I was looking for. Examples of what other investors do

1 Vote

Quote from @Carlos Ptriawan:

Quote from @Johann Villalvir:

Quote from @Carlos Ptriawan:

Quote from @Johann Villalvir:

Hey looking for other data nerds here. I built an AI app that uses ML to predict a home's ARV using other properties in the area that have been flipped. So far, this approach has saved my team so much time when sourcing on market deals. It almost feels like a cheat code for REI. Has anyone tried this approach before? What are the downsides?

Johann , there're already software like that from 4 years ago LOL ... it has nothing to do with "AI" in my opinion LOL as I can calculate comps in 38 seconds LOL. The input is coming from MLS.

Downside ? it still needs manual intervention which house is really havig 70% ARV.

Agree, the software is already out. Looking for downsides from people that have used it

The software that I used, perhaps more advanced three years after your AI development, because we can see the actual Investor Intellegence including more private transaction data and photo.

I teach AI at Rice...but yeah perhaps more advanced. You're using Audan___ aren't you? Not the best

1 Vote

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Why would one need an app? If you have experience in the area you should know, well you better know the ARV. Any property any street in all of my markets I will tell you the ARV within a few bux in under 5 minutes. Of course, some will be a bit higher or lower, depending on upgrades, appliances, tile, crowns, flooring etc. Also why not just run comps? IMO this does not make any sense, but what do know. So many are trying to reinvent the wheel when its just about numbers.

All the best

You said it correctly, one without your experience in an area would need that app.

The app pulls comps for hundreds of properties, and then it sorts them from highest to lowest margin in under 2 seconds. How long would it take you to do that manually?

why do you need 100s? A bit overkill ( another words waste of time ) 3- 5 is all that is needed,

Hey I hope you sell a million of them and life is great,

All the best

But how would you pick those 3-5 properties to pull comps for? It sounds like you're starting with a chicken or an egg already.

I'm talking about pulling comps for every property for sale in any specific area, and then just looking at the ones that have the best opportunity.

Sir you are spinning your wheels, this makes zero sense How would you pick 3- 5 properties, come on man, This is RE 101

All the best

REI 101 yet you can't even articulate how you do it LOL

This entire thread is a waste of time. if you do not know how to run comps, well, to funny, I have only done about 500 flips in my markets and have done it all in RE.

All the best,

ZzZzZz time to sleep grandpa

1 Vote

Quote from @Carlos Ptriawan:

Quote from @Johann Villalvir:

Agree, the software is already out. Looking for downsides from people that have used it

0 Votes

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

All the best

You said it correctly, one without your experience in an area would need that app.

The app pulls comps for hundreds of properties, and then it sorts them from highest to lowest margin in under 2 seconds. How long would it take you to do that manually?

why do you need 100s? A bit overkill ( another words waste of time ) 3- 5 is all that is needed,

Hey I hope you sell a million of them and life is great,

All the best

But how would you pick those 3-5 properties to pull comps for? It sounds like you're starting with a chicken or an egg already.

I'm talking about pulling comps for every property for sale in any specific area, and then just looking at the ones that have the best opportunity.

Sir you are spinning your wheels, this makes zero sense How would you pick 3- 5 properties, come on man, This is RE 101

All the best

REI 101 yet you can't even articulate how you do it LOL

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There are 2,466 listings for sale in Indianapolis. If you're looking for an investment property, how would you narrow down your search? What strategies are you using?

2 Votes

Quote from @Amir Khan:

Quote from @Johann Villalvir:

I am curious and love to be a beta-tester for your software. If what you say is true and the numbers are pretty close to accurate, I can help you get in hand of 200+ investors who may need this software..Just be aware, non-disclosure states likely won't have public data for sales of properties, in that instance what data would your software use?

That's a good point @Amir Khan, in "Don't Disclose" states this would be a challenge. But we already have a plan to tackle it. Let's chat

0 Votes

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

Quote from @Bob Stevens:

Quote from @Johann Villalvir:

All the best

You said it correctly, one without your experience in an area would need that app.

The app pulls comps for hundreds of properties, and then it sorts them from highest to lowest margin in under 2 seconds. How long would it take you to do that manually?

why do you need 100s? A bit overkill ( another words waste of time ) 3- 5 is all that is needed,

Hey I hope you sell a million of them and life is great,

All the best

But how would you pick those 3-5 properties to pull comps for? It sounds like you're starting with a chicken or an egg already.

I'm talking about pulling comps for every property for sale in any specific area, and then just looking at the ones that have the best opportunity.

1 Vote

All Forum Posts by: Johann Villalvir

Johann Villalvir has started 16 posts and replied 94 times.

Post: Indy Investor Course! [Rough Draft]

Post: I can help fund your next project. Even if you are new!

Post: There are 2,466 listings for sale in my city

Post: Machine Learning to predict comps

Post: Machine Learning to predict comps

Post: Machine Learning to predict comps

Post: Machine Learning to predict comps

Post: There are 2,466 listings for sale in my city

Post: Machine Learning to predict comps

Post: Machine Learning to predict comps