All Forum Posts by: John Manta

 I'll pm you Alex

Definitely realistic to get a minimum 30% or higher profit margin for a single fix and flip property in Chicago and suburbs.  Thanks, John

Hi, is anyone familiar with Matteson Illinois real estate..the numbers seem to be really good on

single and multi unit properties?

Ill send you a em

www.redfin.com

Ill send you the form the pros use in Chicago 

      I have purchased many foreclosures in the past   8 years and most needed quite a bit of rehab work. I have a contract to purchase a residential foreclosure in a affluent neighborhood for $160,000 but property current as-is value before doing any rehab work is more like $280,000-320,000. 

     Home was updated before foreclosure by previous owners...new mechanicals, new kitchen, new appliances with 4 bedrooms and 2 baths. If buyer updates property with high-end finishes the investor can sell for $450,000-$500,000.  Any suggestions on what fee to charge to wholesale?

Hello, new to BP and interested in connecting with experienced investors. Many times I come across great deals that are not in the MLS.

     Does anyone have any suggestions on how to 

collect a fee for this service? Thanks John