All Forum Posts by: Pavel Sakurets

What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?

I typically do double closing (and pay extra closing fees $500-$1000) for double closing (transfer tax, deed tax, etc.)

What do you do?

I've heard that many sellers flip out when they see how much money you are making as a wholesaler on the HUD.

Want to hear from people that specialize in wholesaling and do at least 20 deals per year.

I do 2-3 flips per month, most leads that I get come from my website. From 2-3 flips that I'm doing 1 comes from MLS, realtors call me themselves when their deal is falling through and they need to close. In my opinion, it's very difficult to make money flipping houses by buying them of MLS. Think about this, if you a realtor and have a good deal that you can think your investor could make money off. Will u show that house to an investor first and make double commission knowing that your investor will close, or you list it on MLS and have others agents making commission. Thus, most of the time, 99% of MLS listings have been shown to other investors before they hit the market. And I feel sorry for investors that hope to make 20k on a flip from MLS..

I have a bandit sign on a busy street at my property that says that we buy houses, it's free advertising and 1 bought 1 house off it within 6 months.

I mailed 1000 yellow letters to absentee owners, 0 deals.

I mailed 1000 letters to expired listings, 1 deal.

Never bought anything of craigslist, even though my VA has been posting an ad on CL that we buy houses for 8 months.

Most of the deals that I do come from networking.

I'll be doing a radio campaign within 10 days, will share how it works.

If anyone developed the land, what is more profitable to develop land for town houses or single family homes? What are the typical fees, legal fees, excavation fees, sewer and water, installing roads in the development, etc? What is the typical cost for lot development for SFH vs town houses?

I have 7.5 acre parcel that I'm looking to develop and potentially could add another 15 acres, and not sure what I should develop the lots for: single families, I can put 12 lots or do down homes instead.  If I do town homes can probably build 30-40 town homes on 7.5 acre lot

Wondering how your buyer can put cash in escrow and you are using buyer's funds to close on your purchase? I asked my closer and she said that it doesn't work like that

I'm curious to know from people that did at least 10 wholesales, what are 3 best sources of leads that you bought houses from and then wholesaled them