All Forum Posts by: Ryan Chlebek

@Luis Serrano

Some suggestions for dispo:

1) Right here on BP. Go into the local city/state forums and reach out to people that are active on those forums.

2) FB Marketplace

3) Craigslist

4) Meetup.com and look for local investor meetups (in this case, ones in MS).

5) Build a buyer’s list on mailchimp & blast out your deals.

6) Join investor and cash buyer groups on FB

7) Join Connected Investors

8) JV with a local investor

These are just some of the ways you can offload it.

However, as someone else mentioned, line up a lender and be prepared to take it down yourself. Do not leave the seller hanging.

@Steve Morris someone that’s accustomed to working with investors, and knows how to handle things other than standard transactions...things such as assignments, subject-to, etc.

Hey everyone! Looking for an investor-friendly title company or closing attorney for a property in Webster City, IA (about an hour north of Des Moines, and closer to Ames). Thanks!

Hey everyone,

Here in Texas, we have services like Propelio that provide daily updates to the foreclosure list.  These lists have property info, owner info, and auction date.  I was wondering if there are similar providers in the following markets:

1. Oklahoma City
2. Kansas City
3. Jacksonville
4. Columbus OH
5. Louisville
6. Indianapolis
7. Cincinnati
8. Memphis

I'm not interested in the county website or sheriff's website...I'm looking for a service like Propelio that actually provides daily or weekly updates (downloadable) to the foreclosure list in the areas listed above.

Appreciate the help!

@Shahriar Khan

Agreed that Zestimate and Redfin Estimates are usually way off for TX.  However, you can do your own analysis on Zillow by filtering for only Sold properties, and you can even narrow it down by sqft, year built, and you can go back as far as 3 years.

Of course this would be a last case scenario, as I would use MLS first, and then Propelio. But for outside of market properties, this is the method I use.

@Account Closed There are a couple not mentioned here already that you might be interested in: check out The Cash Flow Party meetup (typically held monthly), and check out any of the Quest IRA meetups (typically held monthly, but sometimes they have 1 offs). Both are held in the evenings, and both are geared toward investors and people that want to put their money to use.

This is awesome.  The final product looks great!  Nice work!!

Thanks @Al Wilson.  Much appreciated.  Definitely better to overestimate taxes in the end and not go in the red.

Hey everyone,

I've been combing through many of the forums related to "end of year" taxes on the net profit from a flip.  I've come to the conclusion that I just really need to talk to a good CPA.  However, I do have a couple questions that I was hoping the community could help me with.

1) What kind of "end of year" tax documentation do you get when flipping a house, if any at all? (1099, W-2, etc).
2) Does anyone else here set aside a percentage of their net flipping profit to cover end of year taxes? If so, what's a good percentage to set aside? (10-15%? more? less?).

Thanks to all!