All Forum Posts by: Norton Lam

Hi,

I am new to REI and while I was doing research, I may have found a property that I can wholesale. How do I find out how much a property could sell for?

Thanks in advance.

Thank you for the advice. To be honest, I'm not sure what type of criteria I have for fixer-uppers since I haven't done any yet. But I will definitely check with someone local to get an accurate ARV and also verify my numbers for the rehab work. I also read in another post that I should offer 70-75% of ARV minus the rehab costs, so I will definitely take that into account.

Thanks again!

Hi,

I am new to rehabbing/flipping. I found an as-is property that looks to be about 30% undervalued, but it has clothes, furniture and other belongings left behind as well as a kitchen (gross floor, no cabinet doors) and bathroom that needs major work. Wondering if someone would be willing to help me decide whether it is a good investment opportunity. Thanks in advance!

Thank for your message, Byron. I sent you a DM.

Hi,

I am a new investor in the Twin Cities metro area looking to get into retail properties. I am older and looking for something more passive. I would prefer not to deal with multifamily tenants (I watched my dad have bad experiences with them). I have been doing a lot of reading and learning and think I understand the lingo and how to analyze properties. I am looking to network with other investors in the area.

Thanks in advance!