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All Forum Posts by: Narr Sunkara

Narr Sunkara has started 3 posts and replied 7 times.

@Mike Morawski thanks. I posted it on Zillow which posted to hot pads and trulia etc..

Do you use professional pics or would you just take them yourself and post them in you ad?

I need to find Renters for my townhome. I usually post on Cragislist or FB marketplace but I need to find quality tenants that can pay more than $3k for our town home in A+ neighborhood. 

If there are any other websites that I can post or find tenants let me know.

Want to hear if there are any portals that I can use to post. 

Post: Northern Virginia Investment rentals

Narr SunkaraPosted
  • Posts 7
  • Votes 0

Prices are way up in Reston/Herdon. With 400K budget Ashburn is the place you can find with a metro coming soon. Most of the tech companies which are projected to increase their foot print in Reston/herndon will have a place for Ashburn as residential.  But I second the thought of looking into MD which is probably closer commute to Amz HQ2 than to Herdon or reston on the metro.  

Shop around at different lenders. You will find someone who does 30 year. 

Post: Partnering/ Flipping Question

Narr SunkaraPosted
  • Posts 7
  • Votes 0

Partnering/ Flipping Question:Believe me, I tried to make this post shorter, I appreciate you reading.First Flip for me. 

I'm partnering with 2 others who has more than 10 years of experience with Flipping.

Deal is laid out as below:Partner 1 - Found the property for 10K, ARV is about 120K. Has a crew who can do the flip but not using for this flip.

Partner -2 - Has a Crew and paid 50% (5K) on the property and is named on the deed with Partner1. ( been in partnership with 1 for sometime)

partner -3 -Myself - Has no experience with Flipping and is asked to invest about 45K in rehab costs. In return, I will be managing and releasing my own funds and be a project manager to observe and learn flipping. (I asked to be part of the observation and to closely monitor the process)

Now, I will be putting in a Mechanics lien on the property to get my rehab funds 45k back + I have been offered to take the 25% of the gross profits after the sale which I agreed because I'm gaining knowledge of the whole process and be directly looking into each detail of the project.


What do you think of this agreement? Is this fair? would you suggest anything differently?

Hi John, 

I can check if there is a major remodeling. 

I'm not sure if its been a foreclosure, How do I find it?

Hi BP, Im analyzing a rental property using the rental property calculator, The ROI 17% and cashflow came out $250 for a property asking price of 69,000. everything looks fantastic, but I see the property was sold in Dec 2019 for $38,000 and it was sold again in March 2020 for $20,000 ( checked on zillow, source: public record)

Are these red flags ?