All Forum Posts by: Winston Jimenez II

Hello! I am trying to find the ARV on a property out in the country but there are no comparable sales of a similar property. Does anyone have a formula or any other methods to calculate the ARV in these?

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Investment Info:

Small multi-family (2-4 units) wholesale investment in Springfield.

Purchase price: $62,000
Sale price: $93,000

First Wholeale

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Just reaching out and surveying what Key Performance Indicators (KPI's) other Wholesalers are keeping track of when reaching out to a list of sellers.

Which KPI's have you dialed into that lead to more conversions? Has there been any KPI's which you were following that ended up being useless to follow?

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Hey,

I am looking around for CRM's to manage my leads which also have some sort of call recording extension. Recently had a VA go through the list I assigned and they ended up making false notes from "potential" clients.

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Thank you for this post Scott! Very informative!

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Originally posted by @Joe Villeneuve:

Originally posted by @Hattie Dizmond:

or? Hmmmm...

It's not that complex.

The rules are as follows:

Rule #1 - When you have a signed PA, the buyer and seller can't change. Whoever HUD agreed to sell the house to, is the only Entity that can buy it.

Rule #2 - You can't "change" the Buyer, you can however "sell" the buyer.

Make the offer in the name of an LLC. The LLC is the Buyer. When you get an accepted offer, before you close, sell the LLC. The new owner of the LLC closes...the buyer never changes.

Check out this thread, has tons of amazing information. I believe theres a wholesaler in the same area as you that put in his input!

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All Forum Posts by: Winston Jimenez II

Winston Jimenez II has started 17 posts and replied 36 times.

Post: How do you find comps in the country?

Post: Wholesale Investment in Springfield, MA

Post: What KPI's do you keep track of?

Post: What CRM do you use? Recording VA's Calls?

Post: Answers to common basic REI questions I see on the forums

Post: Wholesaling HUD homes