All Forum Posts by: Paris Scroggins

So, I want to understand wholesaling better. Normally I start with just reading books that focus on specific strategies, but I'm finding it difficult to find good ones that focus on wholesaling. Any suggestions on books or really ANY educational material on the matter??

@Arsen Atanasovski I'm doing great and that's awesome to hear! Yea, if you want to send me a few listings that's fine. I'm not entirely sure if I'll be buying on or off market since I'm working with a group, but seeing the potential always helps.

@Jordan Jones thanks! I'm already looking at 3/2 in my own area as that's a big seller around me as well so that's perfect! And you're actually the second person to recommend Wayne county to me. I appreciate the input!

@Paul S. Whoa there Paul. A little strong there aren't we? This is just the beginning phases of what you referred to as homework. Got nothing to add? Then this might not be the post for you friend.

Wanting to invest in fix and flips in or near the Detroit area. Any investors know which counties are selling and what house types buyers are looking for most?

@Kevin Paulk thank you. These are some good points. So far I know the owner wants to sell because they want to move back to California with family. They own the home alone and were going to originally rent it out and move. They bought it for 77k and put another 15k into it. I'm still looking into rents in the area however. I'll find out about the mortgage this weekend when I meet the seller for coffee.

So I got a response to one of my direct letters to a house that had appeared to be vacant. Turns out that the owner was just stuck in California due to the shutdown. The property has actually been kept up really well so it wouldn't make a good flip as I originally wanted it for. The only thing I can think of is possibly land contacting it or just buying it out right as a rental but I'm afraid the rent for a good condition 4bed 1bath sfr would be higher than the area could afford. Any ideas on how to make profit from this?

When creating a small real estate business; what is better for business accounts, banks or credit unions?

How should the utility bills be split up while you're house hacking a sfr and after you move out and move another tenant in?

@Mark Taylor that's awesome! I was hoping to rent out a house I've been looking at as a primary residence. The basement is pretty nice and already has 2 separate rooms. I planned on sharing the chicken space and just turning one room into a living area and the other into a bedroom with a full bath. To do this, I was thinking about what I would need for a minimal in renovating; walls, flooring, etc.