All Forum Posts by: Steven Velez

Comps don't show the value of my property, just nearby similar ones. so, What is the best way to determine a property's ARV based off comps? In other words, how do I read the comps and get an accurate understanding my property's value?

Thanks

Steve

0 Votes

I have a wholesale deal on a 2/2 condo in boca raton, Florida. The condo is up to date, the owner wants to move to Las Vegas to be closer to family. good opportunity for a quick flip or buy and hold. send me your email for the pics & comps, tell me what your willing to pay, maybe we can make a deal.

Best regards

Steven

0 Votes

i would agree with @Erick Pough

Market the **** out of your deal. If it's a good deal you will find a buyer every time. It's all about the deal. Don't waste money on buying a buyers list...you can try talking with other local wholesaleres and maybe you can work out a deal to buy or use their list.

Steven

2 Votes

Originally posted by @John Pruner:

Originally posted by @Mike Hurney:

@John Pruner it could be that your JV partner, Andy is incapacitated or there are extenuating circumstances...

However, Would you like to shine the spotlight on this cockroach by posting his full name and the address of the property? For information only of course!

Hi,

Well he did tell me he had pneumonia in one of his rare replies to a text a few months ago. But then he told me in a reply a month or so later that he was recovered.

I'm hesitant to post his name because he hasn't actually done anything shockingly bad. He just won't communicate or move the deal forward at all.

Disappearing and not moving the deal forward are pretty bad. That's not the type of person you want to partner with. There really is no excuse for poor communication.

Steven

3 Votes

However, Would you like to shine the spotlight on this cockroach by posting his full name and the address of the property? For information only of course!

I'm hesitant to post his name because he hasn't actually done anything shockingly bad. He just won't communicate or move the deal forward at all. So I keep hoping he'll transform into the guy who was just great to work and chat with prior to purchasing the house. Heck I'd even be happy if he'd just have a phone call with me once per week, the silence for months is so disheartening and I know that property tax bill is coming up soon.

I think that ship has sailed. Silence for months? I would be pissed at silence for a week, never mind months. It's a simple deal, either he wants to execute and make money or he doesn't. His shenanigans are getting in the way and you can't wait forever. I would move on without him. Either find a new partner or finish the deal solo. The longer you wait or make excuses for " the cockroach" the worse it will get. Move on, just my .02

3 Votes

I have a possible deal, but part of the kitchen is sinking. @Steve Babiak do you think this will scare cash buyers?

Steven

0 Votes

if all he did was miswire his compressor, I would think the compressor would have been damaged not the panel. Hard to believe the compressor would've burned up the panel, and as @Steve Babiak mentioned, not even trip a breaker. What were the other code violations?

Steven

0 Votes

All Forum Posts by: Steven Velez

Steven Velez has started 9 posts and replied 35 times.

Post: Cash buyer south Florida

Post: Understanding comps

Post: Understanding comps

Post: Understanding comps

Post: Boca Raton Florida investor deal

Post: Purchasing a Cash Buyers List

Post: Deal gone bad, need advice please

Post: Deal gone bad, need advice please

Post: What issues with a house will make you run from a wholsale deal?

Post: Tenant fried my grage panel