All Forum Posts by: Samantha Weitzel

@Sarah Hood 100% agree with what you are saying.  

When I first went to the trustee sales it was all men.  At probate court to over bid, I am always the only woman there. Doing a cash for keys the day before I am being induced is also a different experience men will never be able to experience.  There is a fear for safety and a fear that my water would break.

I have also found in my experience with men they have quantifiable goals.  For instance they will  flip 100 houses in 2019.   Everything is all very measurable like knowing sports stats.

My goals are not so specific but about trying to build/maintain a work life balance.  Can I make it to my children's soccer practice with snacks while comping out the trustee sales for the next day.  Scheduling meetings and walk thru's around my families obligations. 

Thank you for the help!

Hello all,

We are in escrow for our first multi unit. 

Other than normal liability is there additional insurance or maybe umbrella policies for the property that you would recommend?

Thanks in Advance

Samantha 

Good Morning,

I both rent and flip properities.  I am wondering if anyone has a hard and fast rule they stick to when evaluating a property if it is a better return to rent it or flip it.

I am currently looking at a deal with approx numbers

$40,000 Purchase Price

$110,000 ARV

$25,000 Rehab either way

$1000 in monthly rents.

This is an out of state deal, so I would be paying commission or property management fees either way.  
Please share your wisdom for how you decide what to do if you play in both pools.

Thanks

Sam

Hi Nick,

L&S Property management.   I helped start the company with her and still share an office.  She is a mid sized company, uses appfolio, doesn't charge any stupid fees.  Just a percentage of the rent

@Omar Merced 

I would love to get coffee. I don't know about speaking.. But I would love to be a member of your REIA. Please send me the details.

Hi Randy!

I have flipped with hard money, private money, joint ventures, traditional mortgages and our own cash.  Depending on where you are starting you have different options.  Currently we get some of our best deals from wholesalers and at the trustee sales

Hello,

I have for years just looked on biggerpockets to answer questions.  Like when should I flip a deal or rent a deal. How do tax sales work  Texas.  What does it take to manage a mobile home park.

Today, I finally decided to come out of the shadows and share my experience

We have  28  ytd flips in Las Vegas, 4 in Texas. Some of our flips are @flippinjourney on instagram

I am a broker, REO agent, own a property management company. So I know a little about a lot of things.

Thank you again for all of the help and advice over the years.

Sam