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All Forum Posts by: Drew Denham

Drew Denham has started 65 posts and replied 161 times.

Post: Homepath Negotiation Tips

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
HUD is 87% Is the house new to the market ?

Post: Condos a good idea?

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
New to Grand Rapids mi and the competition is crazy.. I'm Commuting 125 miles a day and trying to find a house but it's Been difficult. I might open my search to condos ... Any one had luck investing in condos ??

Post: Condos a good idea?

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
New to Grand Rapids mi and the competition is crazy.. I'm Commuting 125 miles a day and trying to find a house but it's Been difficult. I might open my search to condos ... Any one had luck investing in condos ??

Post: Asset management ??

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
So i moved 150 miles from my residence and I'm renting it out starting May first. I could always ask my dad (who lives in the area) if he could go there if there are any problems with the tenant but I hate to but that burden on him. Asset managers in the area charge 10% (in this case 95$) and was just wondering how other landlords deal with rentals out of area? Thanks for the feedback!

Post: First flip, what do you think?

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
Hard to believe... Why aren't others jumping all over it? Is it a buyers market of where u are at? I'm in Grand Rapids mi and the supply is so low by the time the listing hits mls it's pending... Ahhhh! Anyone else have these issues in bigger cities?

Post: Realtor is not making me happy

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
Wayne Brooks I'm looking at a probate listing which is a complete gut job in a nice area... Highest comp I see is 147$ and this house is listed at 122$...I told her what's the point of my buying this house at 120 and putting 20-30 into it? I should just buy a move I'm ready house... Anyone have experience w probate listings ? I was thinking about starting at 85... I agree... Dont hold me to a buyers agreement if you don't want to put the time or effort in (I'm saying this to her)

Post: Realtor is not making me happy

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
Wayne Brooks I'm looking at a probate listing which is a complete gut job in a nice area... Highest comp I see is 147$ and this house is listed at 122$...I told her what's the point of my buying this house at 120 and putting 20-30 into it? I should just buy a move I'm ready house... Anyone have experience w probate listings ? I was thinking about starting at 85... Bryan L. Before I singed the agreement I told her upfront that I'm a low baller and that I've flipped two houses... So there are no surprises ... I also told her other realtors were contacting me and that i would only work with her... I don't agree with over bidding your personal property... Not looking to loose money ... If that were the case I would be driving a Cadillac vs. Chevrolet ... All the big dog flippers say not to let emotion get involved. My two cents, your in a sales role and it's your job to find the right properties at the price u feel comfortable... Regardless of time spent or invested in the buyers... Commission hungry vs. being passionate about being a realtor..... Opportunity to work with a new investor wor walk away because it's too much work? Just depends how u look at it. I don't feel it's right to feel pressured to buy something just because you have looked at a ton of houses..

Post: Realtor is not making me happy

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
Wayne Brooks I'm looking at a probate listing which is a complete gut job in a nice area... Highest comp I see is 147$ and this house is listed at 122$...I told her what's the point of my buying this house at 120 and putting 20-30 into it? I should just buy a move I'm ready house... Anyone have experience w probate listings ? I was thinking about starting at 85. Bryan L. .. How would u suggest I approach this? Nice area, compete gut and u are an investor and a realitor... Any suggestions ?

Post: Realtor is not making me happy

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
Wayne Brooks I'm looking at a probate listing which is a complete gut job in a nice area... Highest comp I see is 147$ and this house is listed at 122$...I told her what's the point of my buying this house at 120 and putting 20-30 into it? I should just buy a move I'm ready house... Anyone have experience w probate listings ? I was thinking about starting at 85...

Post: Realtor is not making me happy

Drew DenhamPosted
  • Grand Rapids, MI
  • Posts 174
  • Votes 27
New to Grand Rapids mi... I've flipped two houses before and I use the technique ARV*70% - repairs and my realtor is admit that this technique will NOT work here... It's been three months so far (my second realtor) and nothing has come up... I need a place to live ( I refuse to pay rent).. And I'm commuting to gr everyday... Should I alter my technique to find a place to live in? She made me sign buyers papers so I'm looking for some feedback