All Forum Posts by: Scott Lepore

Thank you all for the input. @james A. it sounds like you have a lot of meat on the bone on the house you justed finished!  @Ned Carey thanks for the tip on the fact that a lot of the houses are guts.  That explains the bigger spreads.  @Matthew Paul good info construction costs and schools.  @Ian Barnes sorry you have a bad taste in your mouth from out of state investors. 

Thanks for the input guys.  

Im going to visit Baltimore soon to possilbly do some flips down there.  I look at the before and after numbers on mls and the spreads are huge.  At least compared to Denver.  I see 100k purchases and 300k sale all the time, and on small houses that cant need more than 50k repair based on the size and pictures.   I am hoping to get some input from locals with knowledge of what they consider good flip areas in that 100 to 300k price range.  and if what I'm seeing on paper is true in real life as far as the spreads.  I'm lucky if I pull out a 20-30k profit on a 300k house here in denver.  Any input is greatly appreciated.  

@jayhinrichs it seems that there are no recent reviews on the turnkey reviews site.  most recent I could find was 8 months ago for any of the companies I was intested in: namely those with 4 or 5 stars and with several reviews each.  As an example, JWB has 33 reviews but the most recent is 10 month ago.  Any more recent data available?  Thanks.  

I'm eyeing baltimore and have looked at a gobs of mls investor numbers.  The spreads I am seeing on some of these investor deals are insane to me.  Buy for 70k sell for 250k?  Buy for 200k, sell for 500k?  And many of these are simply just outdated houses.  And they are buying them right off the mls.  All of this seems too good to be true for an investor from Denver, where the mls is dead and buried, and laying right next to it in the coffin is the 70% rule.  Would love to hear some success stories from anyone reading this thread and willing to share.  Based on those spreads I'm sure people are making maybe 100k net in pocket on a deal done right?  

I've seen the future.  Vegans will rule the world and everyone will use blockchain.  

I have received their listings for some time both in Austin and Denver.  Never seen anything worth pursuing.  At least for a flip.  

@Jeff B. Tell me why they are a scam company?  That is, I would like to know your actual experiences with them that led you to the conclusion that they are not reputable and they upsell and make false promises as your comparison to Trump implied.  Thanks.

I tried to build a list from listsource that would give me absentee owners for Austin and surrounding areas.  I had 2000+ leads for one zip code until I added the absentee criteria.  I talked to list source and they said that Austin counties do not provide that info so they cant either.  Seems odd to me.  Has anyone else been able to build and absentee owner list for Austin?

Scott

Wondering if there are some Austin investors out there using yellow letters and post cards in earnest (several $1,000's of dollars a month with repeat campains) and what response rates you are getting.  Just curious if it is working at all since it is such a hyper-competitive market.  Thanks.