All Forum Posts by: Phillip Trenk

Any updates on this thread?

No Problem, Happy to help

regarding facebook this may be a good place to start https://business.facebook.com someone set mine up for me so I am not sure about the exact details but you probably should setup a business page. Check out the link for details.

Usually you have the option to put in your info including website, company name etc. once you have them all created, link to them from your website and when possible have them linking to each other. share your pinterest pictures or youtube videos on Facebook Etc. 

Some other good sources for linking are Youtube, Facebook, Twitter, Pintrest Etc. 

Good Luck,

Thanks again, I dropped this one because it just wouldn't hit the numbers. I don't feel comfortable with the margin of error.

Thanks for the input. I calculated 35k to include holding costs, the property doesn't "need" any work but some work would help it sell faster. 

I am looking into my first flip. The purchase price is 107,500 it needs 35k for rehab, holding costs, realtor fees etc. The comps indicate an ARV of 180k-190k should I go for it?

Interesting topic, Do you look at an owner finance on your own purchase the same way. For example, if you purchase a property with owner financing using the same terms in your initial post do you consider the cost of the property to be $55,392?

Can you share the excel functions you use?

Thanks for taking the time to go deep on the details.

Tough one, I have no experience with anything even remotely connected to this situation but if you contact the daughter I would recommend presenting it from the angle that she is/was a wonderful tenant and you want to insure the security of her mothers possessions while the property is vacant Etc. ask how you can "help out" maybe suggest local resources (movers, self storage) 

Good Luck,