All Forum Posts by: Rhea Campbell

Hi all,

I'm closing on a quick little fix and flip in Sarasota this coming Wednesday. I need a reliable GC, roofer and electrician to complete the job in no more than three months. If you're a contractor, or know one that wants the job, please reach out.

Scope of work:

• Kitchen renovation- granite counters and white shaker cabinets
• Install dishwasher
• New roof
• Master bathroom renovation (flooring and vanity/mirror/new door)
• Bathroom floors new tile
• Installation of vinyl plank flooring throughout
• Swap out light fixtures/fans
• Install new bathroom fixtures
• Back porch room ceiling repair
• All new doors inside
• Exterior “spruce up” of landscaping
• Painting all interior
• Power washing exterior, paint shutters, touchup woodwork outside
• New electrical wiring and panel (swap out cloth wire)
• One new window on front of home

Thank you,

Hi all, what is new construction, ground up development costs coming in at in this area? I have a tear down under contract and plan to build. 

Here's an example of the level of finish we're expecting to target: https://www.realtor.com/realestateandhomes-detail/6033-Kello...

Thanks,

Are there any restrictions on Canadians acting as Private Money Lenders on USA real estate projects? I have Canadian friends and family interested in a project I'm closing on in MN next week. Can they just wire money to title as my PML?

Thanks, 

Amazing comments. Thank you. I sadly missed out on this one. It was fabulous deal that got away…..:(

I am in the inspection period on a property in a great North Tampa neighborhood called Carrollwood. The property sits on a double lot and has the following characteristics:

• -3/2, 2,141 sq. Ft, built in1958
• -Roof is 5 years old
• -AC is operational, but we don’t know its age
• -Ranch style home
• -Lot size is 167 X 200, .0766 acres, three times the size of most other lots in this neighborhood

My plan is to "sell" or wholesale the property and half the lot to a fix and flipper through a double closing (the agent didn't want a wholesaler in the deal), demise the full lot into two, then sell the leftover lot on the retail market.

Any guidance another professional can provide around demising Tampa lots, ie: do's and don'ts and who to contact and estimates for rehab would be helpful. The home is a full gut job except that plumbing and electrical is fine. Is $45/sq ft. a good placeholder to use in my underwriting for the Tampa fix and flip market?

Thanks,

Rhea

Thank you, all, for the warm welcome. I've been pouring over the resources here on BP, read several of the BP books, listened to hundreds of the BP and Straight UP Chicago podcasts, poured over the SAAS tools, started comping and evaluating deals and found several Meetups to attend. Nothing like jumping right in!

Hello everyone - My name is Rhea Campbell. I'm a licensed real estate broker practicing commercial real estate (office tenant representation) and just getting started building my personal investment portfolio. I'm focused on small multifamily and distressed residential properties (condo and SFH) in downtown Chicago, North and Northwest suburbs that can be purchased creatively, fixed, and flipped, or held. I have experience running contractors, equalizing construction bids, talking to clients, structuring creative deal terms, negotiating complex contracts, and I love hard work!

I'm looking for introductions to investor-friendly agents, property management companies, hard money lenders, and others in this ecosystem to do outreach and get connected.

Who are the players I need to know in IL, MI, WI, and IN? What's the deal landscape like in this region for SubTo, seller finance, and other more creative methods to purchase real estate?

I’m looking forward to interacting with you all. Please let me know how I can help you.

Rhea

Hello everyone - My name is Rhea Campbell. I'm a licensed real estate broker practicing commercial real estate (office tenant representation) and just getting started building my personal investment portfolio. I'm focused on small multifamily and distressed residential properties (condo and SFH) in downtown Chicago, North and Northwest suburbs that can be purchased creatively, fixed, and flipped, or held. I have experience running contractors, equalizing construction bids, talking to clients, structuring creative deal terms, negotiating complex contracts, and I love hard work!  

I'm looking for introductions to investor-friendly agents, property management companies, hard money lenders, and others in this ecosystem to do outreach and get connected. Who are the players I need to know in IL, MI, WI, and IN? What's the deal landscape like in this region for SubTo, seller finance, and other more creative methods to purchase real estate? 

I’m looking forward to interacting with you all. Please let me know how I can help you.

Rhea