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All Forum Posts by: Sam Shikiar

Sam Shikiar has started 8 posts and replied 11 times.

Post: Scaling to 12+ Flips Per Year/ Investor Relations

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

We’ve completed a few flips and BRRRRs and currently own a few duplexes and quadplexes. Our goal over the next year is to scale to 12+ flips annually. Right now, we can fund 2-3 at a time with cash and another 1-2 with hard money, but to hit our target, we’ll need private capital.

Finding good deals has been the biggest challenge, but as we solve that, the next hurdle is structuring private capital in a way that builds investor confidence while keeping the business scalable.

For those who have scaled beyond a few flips per year:

  • How do you structure private money deals to make them attractive while still protecting your margins? Are you offering a fixed return, equity split, or a hybrid structure?
  • When working with multiple investors on different projects at the same time, how do you handle collateral? Are loans secured against specific properties, or do you use a broader approach like a portfolio or personal guarantee?
  • What do investors typically look for in a “slam dunk” flip? What kind of margins, timelines, or risk mitigation strategies make a deal appealing to private lenders for a 4-6 month turnaround?
  • What legal or financial structures have you found most effective for managing private capital at scale? Are you using promissory notes, JV agreements, or funds?
  • What systems, team members, or processes were most critical in making the jump from a few flips per year to a steady pipeline?

Would love to hear insights from those who have been through this stage!

Post: Inbound Lead Gen Sites—Legit or Just a Money Grab?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

@Christian Foschini I've been using motivatedsellers and ispeed. Using a CRM along with consistent follow up. Nurturing through education (educating seller's on sale process, market etc) which builds trust. Very transparent with sellers regarding intention. 

Post: Inbound Lead Gen Sites—Legit or Just a Money Grab?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

Hey BP,

I’m looking to ramp up my deal flow for flips and wholesales and considering inbound lead generation services. The idea of motivated sellers coming to me sounds great, but I know lead quality can be hit or miss.

Has anyone had success using any of these platforms?

Would love to hear if these have actually led to solid deals, what the lead quality is like, and if they’re worth the cost. If you’ve had better luck with other inbound sources, I’m all ears.

Appreciate any insights!

Hey BP!

I’ve been using PropStream to build solid lists, but now I’m at a crossroads. After building your list, what’s worked better for you—huge lists (thousands of leads) or smaller, hyper-targeted lists (10-100 properties)?

For those working with larger lists, what’s your outbound process like? Are you using call software, VAs, or another method to manage outreach? Does going broad really work, or have you found that focusing on a smaller list with higher potential leads to better results?

Also, has anyone had more success with inbound marketing—using PPC, PPL, or other methods? If so, what’s been your experience there?

Would love to hear your thoughts!

Thanks!

Post: FLIPPERS - What’s Caught You Off Guard in Your Deals?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

@Marc Rice yea I knew that was the case with basements but hadn't heard of this with bi-level. New criteria to add to my buy box lol. 

Post: FLIPPERS - What’s Caught You Off Guard in Your Deals?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

Hey everyone, Sam here. I do flips and multifamily investing in Columbus and LA.

So, here’s something I didn’t know going into my last flip: if you’re dealing with a split-level, appraisers can decide that anything below grade doesn’t count toward the square footage. Ended up getting an offer at asking, but the appraisal came in way lower than I expected. Lesson learned. I still made it work, but man, it was close.

Has anyone else been blindsided by something in a deal like this? I’d love to hear your stories—especially if you’ve had something unexpected happen during an appraisal or inspection.

Post: Looking for a Property Manager in Columbus

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

Hi all, I'm looking for a property manager in Columbus. I have two duplexes, both fully occupied. Prefer someone with experience in mid term rentals as one of the properties is very close to Children's Hospital and am interested in turning it into a MTR. Also open to anyone with section 8 experience. 

Please send any recommendations! Thanks all! 

Post: Need Advice: How Is Everyone Finding Good Flip Deals These Days?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15
Quote from @Gregory Wilson:

The market is all messed up. The hype continues while the marketplace has cooled. Hence, the spectators think prices are going up when the flippers know they are going down.

Information disconnect.

With Cincinnati being the 15th highest foreclosure city in the US, perhaps the court system is the place to look. By the time a seller gets to a foreclosure sale he has had his realty check.


 100% agree. Closed on and began a flip 3 months ago. Great neighborhood, great school district, big house, rehab done very nicely (may be biased) working with a very reputable well known agent and it’s been sitting on market now for 40 days even with a price drop. It’s priced what would seem like very fair relative to comps in that same neighborhood. Rate fluctuation, election, and general cooling of the Ohio market I think all collectively leading to this. Data said one thing, reality another

Post: Need Advice: How Is Everyone Finding Good Flip Deals These Days?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

Hi everyone!

I've been flipping houses and investing in multi-family properties for several years now, but I've hit a bit of a snag recently. My primary source of deals has been wholesalers, but the numbers just haven’t been aligning lately. I focus on the Columbus and Cincinnati markets. I’d love to hear how other successful flippers are finding great deals in today’s market. Any tips or strategies that are working well for you right now? Thanks in advance!

Post: Investment Summary - How to structure/what info to include?

Sam ShikiarPosted
  • Investor
  • Los Angeles, CA
  • Posts 11
  • Votes 15

Hi all, I am a small multifamily investor and am beginning to scale. I have investors lined up but don't have a proper understanding of what a professional investment summary should look like. Does anyone have examples of successful summaries or decks they have used in the past that you'd be willing to share as reference? Thanks in advance