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Joe Zhang has started 4 posts and replied 49 times.

Originally posted by @Jon Klaus:

82 degrees at the moment. Not so bad when there is snow on the ground in 49 states. (FL wins that one).

But here's the more impressive number:

Austin area gains 110 new residents every day

Good to know. I am actually hoping that Austin can slow down a little bit in the second half of the year...

0 Votes

Looks like a great deal!

1 Vote

If you want good area in Austin, it's really hard to find 1% rule properties now. I think it should be fine to break the rule a little bit, since the repair cost could be minimum if the property is in good area.

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learned a lot. Thanks, Rich

1 Vote

I am about to ask a same question

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The wholesaler I am working with has purchase price, repair cost, ARV, market comparison data, itemized repair spreadsheet....

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My goal for 2014 is to increase my RE portfolio to 1.8 million and do my first flipping in the first a few months of the year.

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Originally posted by Jon Klaus:

$60 PSF is vey impressive. The project I just finished was double that. We went high end in a few areas, but even if we were going for low price on everything, we probably would have been at $75 PSF, at best. Great work on cost control.

Hey, Jon

Thanks for your numbers.

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hey, J Scott,

I am not assuming that the numbers in my area ( Austin, TX) can be as low as yours.your list helps me understand the cost of "big items". Thanks! Hope to hear your good news soon.

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hi, J Scott,

Thank you for posting the real building cost. It's a great guidance for my future projects. Thanks!

Joe

0 Votes