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All Forum Posts by: Ryan Nolan

Ryan Nolan has started 9 posts and replied 26 times.

Post: Local Investor/Agent Introduction

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Welcome! I'm on the west coast of Florida in Cape Coral. I do Fix and Flips. Feel free to reach out.

Post: I need insurance for home watch company

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Hello everyone, I’m looking for insurance for a home watch service I’m starting  in Florida. Any and all suggestions are greatly appreciated. 

Post: Fix and flip deal (your opinion)

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

@Mike Dorneman this will be to sell. 

Post: Fix and flip deal (your opinion)

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Breakdown of the deal is this...

3/2 with a metal roof 

Purchase price 84k

Rehab 10k-15k 

ARV 125k-130k

Cosmetic updates roof was installed 2007 HVAC works. 


what are your thoughts?

Post: Fix and flip minimum profit question

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Budget is pretty accurate I was spot on with my last 2 flips. It will be all cash so no financing charges. We will insure it and have monthly utilities. 

Post: Fix and flip minimum profit question

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

subject property is 2bed 1bath 864 SF


The sold comps are:

86k 2bed 1bath 575sq ft

76k 2bed 1 bath 775sq ft 

95k 3bed 2bath 969 sq ft 

Post: Fix and flip minimum profit question

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

I have a potential fix and flip opportunity. I am an agent so I can save on the listing commission. Here’s the deal.

Arv 95,000

Repairs 15,000

120day turn around time

Purchase price 58k 

Would you do this deal?

Post: Fix and flip used material write off

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Natalie Kolodij Thank you very much for the advice.

Post: Fix and flip used material write off

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Would a hand written receipt in one of those little receipt books work?

Post: Fix and flip used material write off

Ryan NolanPosted
  • Property Manager
  • Fairhope Alabama
  • Posts 28
  • Votes 3

Would I be able to write a receipt in a receipt book and just have the seller sign it?