All Forum Posts by: Thuy Pham-Satrappe

@Jake Stuttgen that's my thought process too!! 😊

Are you finding that buyers are asking you to cover their closing costs?

I understand it varies market to market (I am flipping in Fort Wayne Indiana) and I am in a sellers market right now but I was taught to factor the buyers closing costs into my expenses just in case.

Curious to know what you are seeing out there?

@James Marshall I'm about that price range also

Have you found buyers to have a preference over Amana (which is the cheapest) over Whirlpool or Frigidaire (which are about the same price) for stainless steel kitchen appliance suites?

@Mike Dymski good point

@Scott Mac I personally prefer them to match also but considering I can save $200+ by mixing and matching brands I thought it would be good to get some feedback

How much do people care about the appliances matching brands across the board? Meaning if we put in different brands for fridge, stove, micro, and dishwasher, is that even something people notice or care about?

For those of you doing flips in the North Indiana (and surrounding) areas, do you use ppsf when calculating ARV? I've found comps to be very inconsistent in part because some listing agents will count basement/attic into sf and others will omit it, which can greatly skew the ppsf.

I've also found that even outside of that, the ppsf can vary significantly for similarly renovated properties in the same school district.

Any thoughts or tips?

How much do you pay your bird dogs for a deal you close on? My contractor brought me a deal (which requires work on the house which I would of course have him do despite him not being the most cost effective bid) and I had mentioned to him previously that I pay a finders fee.

Ive heard between $500-$1000 depending on the property.

Buying the house for $42k and he will be doing about $22k of work to rehab. He also has a property management arm of his business which I was intending on placing the PM with him.

I'm purchasing a house for sale by owner in Indiana.

Aside from a clear title and a signed purchase agreement, what else should I be sure to have?