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All Forum Posts by: Justin Jocewicz

Justin Jocewicz has started 6 posts and replied 145 times.

Post: 120k Off List Flip In Wellington 33414

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

address?

Post: Coffee with Investors in Delray Beach, FL on September 16th

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

Put it in my calendar.  Will do my best to make it to this one.  Really hoping for a mild storm!  Stay safe everyone!

Post: Coffee with Investors in Delray Beach, FL on August 26th

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

Have it in the calendar.   Hopefully will be able to make it.  Thanks @Jon Huber

Post: Coffee with Investors in Delray Beach, FL on June 10th

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

Cool..  Need to do something after all of this rain!

Post: How to find a flip deal in less than 30 sec

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

330 baker drive has an ARV of $205K. Don't we wish. Sorry man...tech isn't there yet.

Post: Hello from South Florida!

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

@Emir Yildiz, it's all online.  You need to register and put 5% down in advance.  Please remember that you are not receiving a clear title at the auction.  City of Boynton is infamous for having multiple thousand dollar water bills.  HOAs and any other interests may not be recorded, but will need to be paid/settled prior to obtaining clear title for resale.  

People with systems in place are flipping based on appreciation and walking away with $10-$20K on a home.  IMHO, from a profit perspective, it isn't worth it.  Regardless of the source, do your homework!

Post: Coffee with Investors in Delray Beach, FL on June 10th

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

Will do my best to make it.  Bball @Mitchell Jaworski and @Jon Huber?  Maybe @Donavon Davies could be #4?

Post: North Miami and West Palm Beach

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67
Guessing at rent and expenses, I got a 8-9% CAP. What are the current rental numbers and expenses to see if this is a good deal?

Post: Coffee with Investors in Delray Beach, FL on May 6th

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

Hey @Jon Huber..thanks for the tag.  I'm supposed to be in Colombia that weekend.  If I don't go, then I will definitely show up!  

Post: Rehabbers and Contractors estimating repair cost

Justin Jocewicz
Pro Member
Posted
  • Investor
  • Royal Palm Beach, FL
  • Posts 162
  • Votes 67

Here's a rule of thumb.  There are exceptions.  This includes materials.

Light - $7.50/sq ft
Medium - $17.50/sq ft
Heavy - $27.50/sq ft

Exceptions are for internals and finishes.  

Internals
Plumbing
A/C
water heater
Electric
etc

Finishes
Class
Low
Medium
High  
Exit strategy