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All Forum Posts by: William Graves

William Graves has started 6 posts and replied 31 times.

Post: Creative Ways of Working with No Money

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@Caleb Heimsoth

Makes sense. I think I'm more looking for ways investors manufacture a JV and what a typical contract with that would look like, if that makes sense?

Post: Processes of estimating Rehab Costs amd determining a good deal

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@Kuba F.

Makes sense, thank you!

Post: Creative Ways of Working with No Money

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@Curt Smith

Tons of good info here, thank you so much. I’m definitely looking at more of a long term buy and hold rental, so I’m trying to brainstorm different ways I could partner with a more reputable investor with a little more bread in the deal. Wholesaling would definitely be another great way to make some cash without getting too much of my own money tied up in the deal, absolutely. Thanks for your time and response!

Post: Processes of estimating Rehab Costs amd determining a good deal

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@J Scott

Awesome, thanks for the reply and thank you for writing the book. It was an excellent read and incredibly helpful!

Post: Creative Ways of Working with No Money

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@Dennis M.

What are your low money strategies for presenting to a partner?

Post: Processes of estimating Rehab Costs amd determining a good deal

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@Kuba F.

Awesome, Kuba, I love this. Thanks so much for taking the time to reply.

This might be a somewhat stupid question, but what are some ways I can estimate $/sq ft without having previous experience? Is it just a matter of looking at comps?

Thanks!

Post: Creative Ways of Working with No Money

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

Hello Investors!

My question for you is, what are some creative ways you have manufactured a deal with little to none of your own money?

I have recently got in touch with a more experienced and well funded investor and have a strong relationship with them, and I’m curious as to ways to present a potential partnership on a prospective deal to them without involving much of or any of my own money.

What has worked for you?

Thanks!

Post: Processes of estimating Rehab Costs amd determining a good deal

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

I have just finished “The Book On Estimating Rehab Costs” by J Scott, and I’m curious what formats and strategies you intermediate/experienced investors have to estimate your rehabs? Do you guys use a specific “fill in the blank” format when viewing a house to help you get an idea or what method do you use?

My next question is, in light of acting fast to grab a deal before someone else does, when do you do your estimate, do you create it upon your first viewing or do you just write contingencies in with your offer and have a set period of time to gather your estimates and do your due diligence?

To summarize, what is YOUR most comfortable and efficient way to gather your estimate to determine whether a deal is worth diving into or not, and what is your preferred process of doing this?

Thanks!!!

Post: Methods to determining ARV

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

@Kenneth Garrett

Awesome answer thank you so much. Do you tend to write certain features of a property down and compare side by side, or what is your general order of operations?

Also what information on a property do you tend to look at when comparing comps besides the standard bed/bath, sq ft, etc?

Thanks again Kenneth

Post: Methods to determining ARV

William GravesPosted
  • Contractor
  • Portland, OR
  • Posts 31
  • Votes 12

Hey everyone!

I’m currently reading The Book on Estimating Rehab Costs, and it’s been a great read so far!

I'm trying to learn the process, and my next step is learning good ways to estimate the after rehab value or ARV.

My question for you guys is, what methods do you guys use to gather an ARV estimate for your potential properties?

Thanks in advance, I really appreciate it!!