All Forum Posts by: Tim Stover

@Jay Hinrichs yup.  Interestingly enough a lot of owners/landlords don't want to work with agents in Philly.  We were able to get this done in one walkthrough with 5 people that lasted about an hour and a half.  Limited disturbance to tenants in the beginning which was key 

@Jay Hinrichs spot on.  3.3 range 

@Jay Hinrichs yup I agreed.  75% of our inventory we come across are flips.  The only thing I know about in the Vegas market is that properties don't sit.

I really can't seem this being a solution for Zillow in the long run but only time will tell.

@Jay Hinrichs making it. 3 buildings, 33 units.  Value Add and 100% occupied.  Was initially making more but had to lower the assignment because of bank appraisal.

@Jay Hinrichs They're competing with off market wholesalers here.  I believe their opening up their third marketplace in Denver in the next few months.  It's a bit confusing to me, their margins are very very small and I feel as though if they mess up on purchasing one or two deals then that will wipe out about 10 of their other deals.  In Vegas I think they bought around 50 houses last quarter.  From my understanding they purchase the house, stage them, then resell.  

They aren't going after you typical wholesale deals, more so retail who doesn't want to go through the selling process.

Nice, we'll be closing out a 135k assignment in the next couple weeks.

Create a trust to put your deals under contract with sellers.

Just curious whats going on in the Vegas market and how it's affecting wholesaling?

Pull targeted lists from the MLS and mail them

Homestead Title in West Deptford.  I can refer you to someone