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All Forum Posts by: Kanwar Sodhi

Kanwar Sodhi has started 38 posts and replied 199 times.

Post: First Home Flip Ready!

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

Great work, very inspirational. It's even better you're handy and saved tons of money

Post: Fix and flip investment

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

"...most local realtors says fix and flip it's dead already now around here.."

Realtors don't always have access to off-market deals either because they don't want to or don't know how to

"...other investor keep going forward with some deals..."

Because they do the extra work to get the deal -> look for wholesalers OR get county records and look for tax lien properties OR probates

I promise you deals won't fly to you, you need to get to them

Post: Best Cities to invest in under $100k

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61
@Brian Garlington Have you looked into Cleveland?

Post: Where to Start

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

Great short stories by the way @Ben Zajdel

Just got off your website, how's RE going so far

Post: Popular Rule of Thumb for closing cost?

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61
Hello real estate professionals, do you guys have a rule of thumb for closing costs? I was thinking 5% of sale price, please advise otherwise. Thank you

Post: Help with Calculator

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61
Hey BP! I was looking to purchase a flip potential in Baltimore for about $80k and it’s ARV is about $210k What do y’all fill out in the Purchasing Cost Breakdown? Do you have a rule of thumb that always works? Title and Escrow Fees? Attorney Fees? Recording Fees? What do you normally put for the Holding Costs? Any ballpark for the utilities? Thank you

Post: SFH in Historic Old Town Alexandria VA

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

Interested! 

Please email me details at [email protected]

Thank you

Post: Assigned Duplex - Patterson NJ - Passaic County

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

Post: Most common unknowns while flipping

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

Hey flippers, what are the most common unknowns you've come across while flipping and how much of your budget did it take up?

Post: Multifamily BRRR strategy that created 4.5m of value in 12 months

Kanwar SodhiPosted
  • Real Estate Agent
  • Chantilly, VA
  • Posts 245
  • Votes 61

Great work you guys, super aspiring.