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All Forum Posts by: Steven Pesavento

Steven Pesavento has started 33 posts and replied 157 times.

Personally I think one of the best investments you can make is in a good bookkeeper. Regardless of what size you are at you're going to get lift and be able to rest easy that the details are taken care of. At 1 rental that a tough cost vs. reward ratio, but as you start building you'll be able to focus your time on the stuff you're actually good at... not the numbers / books. 

Post: My First BRRRR Deal!!!

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

That is great, way to get after it and make it happen. 

Post: House flipping Course ???

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

@David Trevino @Andy Von Harten  House Flipping Formula is a good place to start to get the fundamentals. Like @Account Closed

Yea I think the car is out of the picture. Sure you could do it, but I don't think you'd get the value back. 

But I do think things like fun games for guests to play or having a theme are popular. 

Post: Justin Williams` program

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

Tony, I think it'll be the best investment you've made in your business if you do make the jump. They did record fliphacking live and you can get recordings from Justin's team. Their backend site gives you access to a lot of the conferences // masterminds. 

Needless to say my business is booming. A big part of the rapid growth is being connected to these amazing people and being able to leap frog everyone else by knowing what to do vs. not do. 

Joining is a no brainer. But only if you're willing to put in the work to make things happen!

Post: Introduction With A Move To NC

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

@George Taylor - Mind sending that contact my way too?  :) 

Post: Equity($) question for owner-occupied list source list

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

.10 is solid if it includes equity. 

For speciality lists we typically pay a lot more, but just for a homeowner with equity .11-17 cents seems to be the rate. 

Post: New Construction Project in Raleigh, NC

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

Hi Emily, The number we like to use is about $75/ sq.ft, but that depends on the finishes of course. From what we're seeing it makes the most sense to build when you're able to sell at above $150/sqft or closer to $200/ sq.ft with the infill we're doing and get the lot for below $100k. Every deal is different though of course. 

Post: April Raleigh/Durham Meetup (Special Format) :)

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

Thanks @Christopher K., I'll be heading out tomorrow so I'll just miss it. I'll see if my partner @Mike Foley can make it. 

Post: Use Leverage or Stick with Cash?

Steven PesaventoPosted
  • Investor
  • Denver, CO
  • Posts 177
  • Votes 71

Risk tolerance.. Decide what yours is and you'll know the right thing to do for you :) 


Cash = lower risk

Leverage = higher risk