All Forum Posts by: Mitch Horwart

Batch Skip tracing available at .07 per record and access to their internal data team. If you're skip tracing over 10k per month I'm happy to bring you in on it! Feel free to text me if you'd like more info! (308) 991-6263. Up to 60k records per month available. 

 Hey Heather not sure if you went with their service, but would love to jump on a call and talk about how we could help out! 

 Hey Ben, did you end up going with a solution? Would love to chat more about how my company could help if not! 

 Hey Ruth, my company offers a competitive service, but we also include effective SMS campaigns and consistently generate 2-4 leads per day for our clients. Would love to chat more, feel free to text or call me! 

We are looking to hire an onboarding specialist/coach to join our quickly growing team. We are a young growing company so growth upside is very high. This is a remote, full-time position, and it will be fast paced. An extensive knowledge of different real estate strategies is required.

General responsibilities:

Onboarding of new clients, and coordinating with other team members during setup.

Scheduling and conducting coaching and training calls with clients via zoom. 

Responding to customer support chats via slack, and assisting clients when they need help. 

Sending metric updates and reports to clients. 

Must have a knowledge of single family wholesaling, flipping, rentals.

If you would like to apply, please send a resume and quick video introduction to [email protected] or via Instagram @mitchhorwart. 

Hey Victor - Generally speaking the snow does not have much of an effect on rehabs in my experience here. Most contractors will take the appropriate measures to protect the materials on site and the only project that may be effected by snow would be replacing a roof. Hope this helps. 

Hey Andrew - I am not a tax or legal expert, but on similar deals I've done to this I set up an LLC under me and my partners names with a clear operating agreement and who is entitled to what profits. So generally, if your business is buying the property you won't have to worry about a gift tax as far as my knowledge. You'll then be working with business lenders who also in my experience do not have a requirement for the money to be seasoned for 2 statement cycles or any cycles for that matter. Hope this helps, and best of luck to you!

Hi all -

Looking for good property management in Omaha. Any recommendations?

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $70,000
Cash invested: $34,000

This was a 2 bed 2 bath condo that I BRRRR'd with a partner.

What made you interested in investing in this type of deal?

The BRRRR strategy is the most appealing to me as an investment strategy and this seemed like a good deal to try my first BRRRR.

How did you find this deal and how did you negotiate it?

MLS - I negotiated through my agent, and after 3 counter offers we were able to get the property $20,000 below asking price.

How did you finance this deal?

Finance with conventional financing putting 20% down. I partnered with a colleague that had been looking to do a deal and he provided the down payment. Then I performed and funded the renovation.

How did you add value to the deal?

I added value by finding the deal, then funded and performed the reno. I also filled the unit two months after closing and am managing the property myself.

What was the outcome?

Cash flowing $300/month and we were able to REFI to recoup the down payment that we put up to purchase.

Lessons learned? Challenges?

This was the first and last renovation I will do by myself. It was great to learn everything I did, but at the end of the day was not worth the time and stress of doing the work. I will sub-contract all work moving forward, which just means finding better deals!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My agent was Lauren Mielke with BHHS, and my lender was Gabe Kopun with Metro Credit Union. Gabe was a staple in this deal as he was able to get us an 80% LTV Refi.

Investment Info:

Single-family residence buy & hold investment in Omaha.

Purchase price: $150,000
Cash invested: $5,000

This was a 4 bed, 2.5 bath single family home that I bought as my first home purchase. Currently my primary residence and house hacking my other rooms.

What made you interested in investing in this type of deal?

I wanted to find a home that would be a perfect house hack. With every room filled I cash flow $400 living in my own house.

How did you find this deal and how did you negotiate it?

Found this deal off the MLS, and made the offer within hours of it going on the market. A couple of counter offers later we agreed at the asking price.

How did you finance this deal?

Conventional financing - First time home buyer program that allowed me to put only 3% down or $4,500. After closing, I was all in at $12,000.

How did you add value to the deal?

This was essentially a turnkey property so there was not much I had to do. I analyzed enough deals to know it was a great deal right away.

What was the outcome?

Cash flowing $400/month as a house hack.

Lessons learned? Challenges?

There were a couple of things I looked over on the inspection report like a slow draining bath tub that ended up being a $250 plumbing bill for me. I should have been more diligent with the inspection report and negotiated better. I was so excited to be doing my first deal and looking back I have become a better negotiator because of it.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

My agent was Lauren Mielke with BHHS, and my lender was Gabe Kopun with Metro Credit Union.