All Forum Posts by: Nixon Vayupak

@Doug W.  I was looking into that as well.  The cost of the concrete is very expensive and the additional labor for just to stamp to concrete is absurd. 

@Kathia L. we looked into adding some trims or accents next to the asphalt.  On the cosst factor this was one of top solutions.

Nevertheless, thanks for your inputs. =)

Thanks ,@George P. , @Account Closed , @Mark Langdon  and @Steve Babiak. Your inputs allowed assisted me with my decision.  Basically, just repaving the driveway is the cheapest and quickest way out to flip. 

@Ethan Bowen  this what I did and usually get a strong response.  Option 2.  I will pay you $106,244.22 followed by 295.12 X 360 payments.  From my experience sellers look only at the big number, which should be your $70,000 cash deal or your $106,244.22 finance deal.

Hi Nick,

Have you reached out to your personal connections like friends and family?  Getting private lender access is one way to start.  Create a deal for them where they know they can earn more money than a traditional savings in a bank.  For example, some of your family or friends may have funds in a savings account which is probably earning them like .01% or some of them may even have them in a CD account which is earning between .1% to .5% depending how long they invest.  Give them like a return like 8% or 10% and inform them their note will be secured by the property to guarantee them that peace of mind.  Depending on your project and exit strategy, just borrow up to 6 months and tell them this is an interest loan.  At the end of 6 months, you should have probably sold your property with a profit and pay off your private lender with interest.

Hello my fellow BP members who specialize in fix and flip. I need your input regrading drive way repair. Just recently I was able to lock down a house on contract to rehab and flip. This is the first time we encountered where the drive way is so beyond touch up repair. Basically the old owner has a combo of fixes using concrete and asphalt. To really compete with the current home market area I was suggested by a contractor to just go in and tear everything out and replace with a new concrete. Has anyone done anything creative when building a drive way in order to save cost and actually creates a nice curb appeal? Input is much appreciated.

Hello my fellow BP members who specialize in fix and flip. I need your input regrading drive way repair. Just recently I was able to lock down a house on contract to rehab and flip. This is the first time we encountered where the drive way is so beyond touch up repair. Basically the old owner has a combo of fixes using concrete and asphalt. To really compete with the current home market area I was suggested by a contractor to just go in and tear everything out and replace with a new concrete. Has anyone done anything creative when building a drive way in order to save cost and actually creates a nice curb appeal? Input is much appreciated.

When you say pay are you implying to "Seller" whom you obtain the deal from?  If so, I usually have a clause in my agreement with the seller just in case something bad happens which prevents me from moving forward.   Some type of "subject to" agreement. For example, "subject to attorney approval" or "subject to partner approval". 

Hello my fellow BPs.  I just received a possible wholesale deal for a property in Sahuarita, AZ 85629. I am based out here in Southern California and really have no idea regards to average profit return for a wholesaler => flipper/rehabber => end buyer in Arizona. I have something I just want to wholesale it off if possible. Just want to make a good win win situation for everyone. Your input is deeply helpful.

@Rick H.  and @Derek W. thanks for providing me your input.  I was searching rules in California in regards to "Adverse Possession" and can either you confirm or disagree with this.  In California if a squatter stays and makes property tax payments on the house for at least 5 years he/she can obtain the property?

Need some input from my fellow BP friends.  In my old neighborhood, I was told that the original owner of a small house passed away many years ago. The person has no living relative per neighbor, since they were close friends. So the house was abandon for just less than a year and then a squatter moved in.  How do we know it was a squatter?  Because he told the neighbor straight forward.  I did run a title search and did find that the deceased owner is still on the title.  Question, is how can one move in legally and take over the property and evict the squatter.  Note, the property tax has been paid by the squatter which is $400 a year.