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All Forum Posts by: Mike Hernandez

Mike Hernandez has started 1 posts and replied 5 times.

Dan Kleyman, are you affiliated with Rehab Valuator? Because after reading the post above makes me think that.

Daniil Kleyman, you are correct, I should have gotten multiple bids but, like I said I went with my partners decision because he's been in the business for at least 30 years plus. I use to invest with him in the 90's, we did very well. I had multiple buildings, I was my own GC, hired my friends, and made plenty of mistakes back then. Money was flowing like crazy, until my X decided to go her own way, and that's all she wrote. Lost everything, went and got me a college degree, got on the Fire Department, and I am currently renting but happy. My daughter is 15, child support is ending soon, and I decided to get back in the game. Only thing is that the game is now different, I know how to do no money down deals, that is easy. I know how to find deals, not hard either. It's just doing the Project analysis that I need. I plan on buying more buildings, lots, etc. I think I may need to form an LLC to protect myself. Like I said, I'm just getting started again, funding and finding deals is not an issue for me. I rather think it's easy because I have a system that works. Back then I attended all kinds of seminars, gathered all that knowledge and created my own that works. Now I'm going to be pulling in partners on my next deals also. OPM.

Thank's David Robertson, Yes, sorry I did mean Than Merrill. Unfortunately I didn't get multiple bids on this project because I pulled in a partner and my partner has been using him for a while now so I took on his GC. Now I question his prices, I'm monitoring the project and it's moving along. The GC gave us a bid for complete gut and total rehab, I wanted to be more involved in the biding process but my partner said that he is good and fair. So, I went with that. Only thing I did not agree with was the amount he wanted to get started. He wanted 30 % down, I said no and that I will give to him incremental payments as project goes along, only thing is that I gave him a check and a week later he wants another one. I think he's tying to finish his other projects with my money. And yes, I'm gong to check out that book, thank's. 

Post: Rehab Valuator

Mike HernandezPosted
  • Posts 5
  • Votes 2

I attended a Dan Merrill seminar and at the end of seminar they were pushing the rehab analyzer software https://rehabvaluator.com/. I currently purchased a 3 flat rehab project and hired a General Contractor to do everything. I think he's charging me too much but, there's still enough room for profit because I purchased it cheap enough. Although, not all deals are like this and need to save money where I can so, I'm looking for a Rehab analyzing software. Any recommendations are greatly appreciated, thanks. 

I attended a Dan Merrill seminar and at the end of seminar they were pushing the rehab analyzer software https://rehabvaluator.com/. I currently purchased a 3 flat rehab project and hired a General Contractor to do everything. I think he's charging me too much but, there's still enough room for profit because I purchased it cheap enough. Although, not all deals are like this and need to save money where I can so, I'm looking for a Rehab analyzing software. Any recommendations are greatly appreciated, thanks.