All Forum Posts by: Johann Villalvir

To calculate a safe ARV, look at the properties with the same # of bedrooms and bathrooms and similar square footage as the one you're looking to purchase, then find the top 25 percentile of homes that sold up to 9 months prior. These are the upper boundaries that the neighborhood can support with top finishes, to be safe, make sure you're profitable at the 50 percentile of homes sold

A great way to find a list of all contractors in your city is to find all the permits that have been filed. These will have information about the contractor that filed for such permit along with their contact information

@Adam Oldham would be a great connection here

I have a list with database with all the roofers in Indianapolis, message me and I'll share it with you.

Hey Ajay, I want to answer your question with concrete data from 2022.

Top Zipcodes for Investors in Indianapolis for 2022 by the number of transactions:

1. 46201
2. 46203
3. 46205
4. 46208
5. 46218
6. 46219
7. 46222
8. 46226
9. 46239
10. 46241

These are 

You're already on the right path to finding motivated sellers by signing up for those services. I would also encourage you to search your county records for probates, divorces, evictions, etc, and build a pipeline of potential sellers, set up a call center in the Philippines for $5-6/hr and just hit the list 5-6 times per month

Depending on the aesthetic you're going for, I would recommend just a cover for the knobs to keep it simple/cheap. Like this one:

https://www.amazon.com/TEMEILI-Bedroom-Temporary-Rotation-St...

It's one of the cheapest markets in the country so definitely accessible 

You can find rent comps as long as you have a database with all the rent comps in your area. The biggest challenge here is that such information is private, and therefore inaccessible for AI models.

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?