All Forum Posts by: Chris Sickler

Where did everyone who is currently wholesaling on assignment get their contracts?  I want to make sure I get the correct contracts for Missouri.  Thanks!

Thanks everyone.  I will definitely shop around.  

I talk to a lender today to find out about refinancing my rehabs to turn into rentals, but he can only give me a 15 year which makes it hard to return a positive cash flow.  If I could get a 25 or 30 I would be better off right?  Are there lenders out there that will give me that range on investment properties.  Also is there a max on the amount of loans you can get?  I have $250,000 in cash so that's not a problem, but I would like to buy 30 rentals this year, but won't be able to do it unless I can gain some equity on each of my refi's.  Any advice would be great!!

Can't tell you all how helpful this has been.  Now I can sound smart when I call my accountant!!

Thanks to everyone who contributed to answering my question.  I think I know what I need to do now.  Very informative!!

Is there a specific website that anyone uses that they have found to be particularly useful when evaluating the ARV of a property?

I was just wondering about the level of success investors have had with the bandit sign approach to find investment properties.  What is the key to making them successful?  What are you doing differently that you contribute to your success?  How do you screen applicants that call you?  Does anyone use call centers to take their calls?

I have been flipping houses for 3 years now under my LLC, but was wondering if I should start a new LLC specifically for my rental properties. How does everyone else structure their flips and rentals?

Think about the buyers emotions as they walk into the kitchen.  If you have them ohhhing and awwwing before they can test the cabinets I doubt not having soft close doors will kill the deal.  This isn't true for all buyers but its especially true for first timers.  Those who have bought many homes in their lifetime tend to buy less emotionally.  I don't buy them, but if your home is in the upper tax bracket you might consider it.

Greetings to all you savvy investors out there!!  I have been exploring BP for a while now, but just now joined as a PRO Member.  So far I can see it was a worthy investment.  I am currently seeking active investors looking to buy properties in Kansas City.  Like most of you I am also looking for residential real estate to rehab or wholesale.  I started an aggressive advertising campaign not to long ago to find more deals and expect to have them flowing in at any moment.  I also have a very active real estate agent who is constantly putting in offers.  I have had many properties bought in the past that would have made great wholesale deals, but did not know anything about wholesaling.  I have been mainly rehabbing for the past 3 years successfully flipping 26 homes here in the Kansas City area.  I love to rehab but have realized the potential of wholesaling.  I have turned down many great properties in the past because I had to many and now I'm kicking myself in the head for not seeing the alternative strategies I could have used besides rehabbing.  I would like to create a large buyer list so that I can throw these properties your way should I get back to that point.  I pride myself in finding good deals and I would never waste your time with deals I wouldn't invest in myself.  Look forward to hearing from everyone.  I love to talk real estate so call or email anytime.  I would also love to hear from others who have had success in wholesaling.  I would also love to help others who have questions about rehabbing.  I use to own a remodeling business, which is how I got into flipping, so I am pretty knowledgeable when it comes to analyzing deals.