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All Forum Posts by: Richard Rountree

Richard Rountree has started 15 posts and replied 28 times.

Post: equity Breakdown

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1
Originally posted by @Michael Noto:

Who is putting up the money for the purchase and the rehab?

Post: equity Breakdown

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1

I understand each deal is negotiable.  However what should be my standard percentage if I am a realtor that finds a deal, close it, make sure all the paperwork is taking care of and EVERYTHING runs smooth on a rehab and flip.  My partner will put up the money and design the house and work with the contractors and make sure it looks good.  During this period I make sure everything else  is taking care of including selling the house.  What do you think is a fair percentage for myself?

Post: Reverse directories to find homeowners numbers

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1

Is Spokeo.com a good directory to find numbers of homeowners to ask if they want to sell?  What other resources are good for this?  This is assuming they are NOT on the do not contact list!

Post: Generating leads

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1

I just started at Coldwell Banker in West Hollywood.  What are some creative ways to generate leads in a competitive market?

Post: Rooted Capital Companies

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1
Please share your thoughts about Rooted Capital Companies doing Turnkey investment opportunities in Atlanta?

Post: Rooted capital company

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1
Please share your thoughts about Rooted Capital Companies doing Turnkey investment opportunities in Atlanta?

Post: Buying in Livonia Michigan

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1
I am about to start my investment venture in 2015. I live in Los Angeles but I want to buy Single Family Residences in Livonia, Michigan for under 100,000 and rent it out for a few years and then sell when the market is good. I was going to have my sister help me with management who lives in Detroit. Please share your thoughts?

Post: Want to buy a 5 unit property for $12,000

Richard RountreePosted
  • West Hollywood, CA
  • Posts 31
  • Votes 1
Where is it located?