All Forum Posts by: Robb Krautbauer

Foreclosures are going up but over all remain low. Not going to increase the low level of the housing.

I'm looking into the services at Plastiq. Has anybody here used them? If so do you have a contact name and number?

Investment Info:

Townhouse fix & flip investment.

Purchase price: $130,000
Cash invested: $15,000

This one will go fast! Rehab complete**New interior paint, new flooring, new appliances, new fixtures. 2 Bedrooms**2 Full Baths**Family Room**Open Kitchen**Service Room**1 Car Garage**Low Maintenance Front Yard**Walk-in Closets**Ceiling Fans**

What made you interested in investing in this type of deal?

Good home for 1st time homebuyers

How did you find this deal and how did you negotiate it?

Online aution

How did you finance this deal?

Hard money and private lender funds.

How did you add value to the deal?

Even though the house was relatively new (2007), squatters lived in the house for almost two years, turned an ugly house (inside) to a very nice house for any 1st time home buyer,

Ryan, 

• I have a great wholesale contact to share with you that Pace Morby paid $3,200 for, I have had great success with it let me know if you want a free version of it.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $175,000
Cash invested: $35,000
Sale price: $278,000

Move in ready, new carpet, appliances, fixtures, ceiling fans, interior paint. This home has a great floor plan featuring a large living area, 3 bedrooms and 2.5 bathrooms with an attached 2-car garage. Refrigerated AC is a plus! Great location, close to schools, parks.

What made you interested in investing in this type of deal?

Great location!

How did you find this deal and how did you negotiate it?

This was a deal that was brought to me by one of my partners. It was that was bought

How did you finance this deal?

Hard money and private lender funds.

What was the outcome?

This was one of my most profitable fix and flips, bought it right and sold it in a hot sellers market. Sold for 35k over the list price.

Most investors don't care where a deal comes from – on-market or off-market. A deal is a deal.

Find another brokerage that is investor friendly, you need to become an agent investor sooner than later! 

I'm an investor agent, I have never heard about Sundae. I'm going to check them out.

Use google to find some local REIs in you area. Find an experience investor that has the resources to complete this type of deal. Ask them what you can do for them to see the project though to make it a leaning experience and make some good contacts.