Purchase price: $50,000 Cash invested: $50,000 I represent an investment group based in Southern California that is acquiring properties in Detroit using a "Flip & Hold" investment strategy that involves three related companies (flip company, buy and hold company, and lending company) as part of a "closed sales system", where every house we buy has a guaranteed buyer.Our target project cost is $50,000 all in, with ARV of at least $60,000 that rents for a minimum of $1,000 per month, targeting section 8 tenants.

Hello all,We are looking to target a specific demographic of people with our direct mail campaign, and after the most recent headache from List Source we are looking for a new company to purchase lists from.

The down side, I think, is she is now publicly mentioned in the asset and a possible target {double target}.

considering the NOI is lower than what im assuming his target sale price was?

I don't have a target strategy however as I'm new to the area and am trying to learn more about RE here before deciding if BRRRR, fix-and-flip, or wholesale is the best option.

Seems they are meant to target large buildings.

We are very conservative on the ARV and to date we have only had a few flips come in below our target profit range. 70% ARV minus reno costs is a terrible strategy and will lead to not being competitive and losing out on offers.

Make sure you are targeting motivated seller and are hand writing these letters.

Click the LIS PENDENS box on the selection list, put in your search dates, and you have you targets.  

Being that you already have experience and have a set target of quitting your job, you're on a great path!