All Forum Posts by: Yusuf Sarii

https://cleveland.craigslist.org/reo/d/cleveland-assignable-...

Off-Market Investment Property @ 48% of ARV
3 Beds | 2 Bath | 1120 Sqft
The Numbers:
Purchase: $59,900
ARV: $125,000
Est. Repairs: $30k
Comps:
3425 W 94th St Cleveland, OH 44102 | Sold @ $130k
3351 W 84th St Cleveland, OH 44102 | Sold @ $120k
3318 W 90th St Cleveland, OH 44102 | Sold @ $129k
3351 W 84th St, Cleveland, OH 44102 | Sold @ $120k
3439 W 91st St, Cleveland, OH 44102 | Sold @ $125k
Details:
For more information, including full address and video, and If you would like to attend to the walkthrough scheduled →

Call or Text at (440) 271-8102

or you can message me my personal # is 732) 351-2305‬

https://www.deseret.com/utah/2...

based on this cite and using propstream a high amount of cash buyers in a city is about 25-60k and a low amount of cash buyers is 10-20k lmk if im right guys

in a city/county what would be considered a high amount of cash sales? how about low amount of cash sales

 im talking about the property anlaysis, which is before you even find an investor

(SINGLE FAMILY HOMES ONLY)if the investor rents it out they are probably only going to do little to no renovations because its going to be rented which changes my offer number

1.)my theory is that if there is more for sale properties in the area and barely any for rent properties then i would say the investor is more likely to fix and flip and vice versa

2.)also the location is important. if its in the suburbs it would most likely be a fix and flip and if its in a major city area it will probably be rented, but this is not very clear and should be used with #1 statement.

3.) also some propeties we get a deal on could already be rented out and that would make it a rental but most of us wholesalers target vacant properties so this question would be unclear for us at times

please give a clear answer with little to no fluff please, thanks

(SINGLE FAMILY)Basically I just want to know how to tell if the investor is more likely to be just rent the property with not to much renovations or renovate it and resell.

I would think properties in metropolitan areas that have basic arvs(outdated a little) to be in a renters market

And the opposite for buyers market (suburbs and new renovated arvs).

I know most multi families are going to be rented but this question is more towards (single family homes.)

so basically multifamilys are usually rented and how about single family homes are they usually bought. if other wise how can u tell if a single family home is in a buyers or renters market. 

also national average cap rate is 6 precent so should i use that as a basis. 

the regulare 70%Xarv-repairs-fees doesnt work for renters market since the investor is not renovating.

1.)how can i come up with an offer for a property in a renters market?

2.)also how can i tell if a property is in a renters or buyers market??

the only answer for 2 i can think of is if its in a major city then it would be renters or if there is just average properties that do not look fully renovated(granite countertops,new appliances) then it would be a renters market and buyers market is opposite (suburbs and fully renovated).

im trying to run comps on mainly redfin and sometimes zillow  but the one thing i dont see is to set the distance from a specific property to find comps in the same are for example properties sold within a 0.5 mile radius from the property 

propstream has this feature but is there any way to do this on redfin or is there a workaround because all i can do is zoom in and out of the map and i cant set a specific number ie(0.5,0.25,1) miles away from property to find comparables

i know the top 3 are 

1-calltools

2-mojo dialer

3-batch dialing

but is there any kind of free version of an autodialer because the main goal is to save time 

(google voice is just too slow and tedious)