All Forum Posts by: John Beasley

My partner and I have done a couple of single family homes with foundation issues.

we have a good relationship with a structural engineer.

Other investors are are afraid of these deals and it's just baked into the numbers 

@Cody Lindstrom

We have spent $30 to $35 average on the last 3 single family flips.

Depending on roofs, HVAC ,siding and windows.

We are in central Virginia.

That number also includes utilities and insurance.

@Joseph Gisler

My trusted contractor is 1st for me.

I can find more deals than he can rehab

@Alicia Marks

We have had the best year ever buying flips and rentals.

We are making offers daily/weekly.

"You can't make anything,if you don't have any inventory"

Thanks for the mention.I have not done anything in Florida yet but, it is still in my long term plan. I completed 9 flips and purchased 3 additional rentals in my local,Richmond Va., market this year. Those projects have kept me fairly busy. I am actually in Puerto Vallarta until March and doing some reading on multifamily. I hope to be analyzing some Florida deals there soon.

@Mya Toohey

Nice job.

I am looking for buy and hold in SW florida.

BRRR.

Preferably duplexes or quads

@Emy Bernardo

I am have the same plan. I have started analyzing properties in SW Florida. I hope to get a foothold there and relocate in 5 to 10 years.

I am going to drive around and look at duplexes & quads the 2nd week of January.

I'll keep you posted. I have connected with Stetson on BP and I know a local home inspector.

@Kazi R.

2002 Chevy Prism POS!

@Connor Cushman

Just got a contract on a fix and flip.I am a week from closing and found out the septic system needs $3500 worth of work.Distribution box,etc.

Wish I have got inspection.

@Chris Gawlik

So , I have 9 C to B properties.I have owned the C's for 24-25 years.

I quit my job 6 years ago and travel about 80-100 days a year.

I picked the houses because of low barrier to entry.They rent between $960 to $2000.

The sweet spot in my opinion is $1250- $1500 per month.Relatively low amount of time and management. I owned as many as 16 at one point .

I now also flip 8-12 a year for fun and travel money. Still learning and evolving.