21 November 2015 | 3 replies
The meeting went well I was asking questions and playin the role of a veteran investor until it came time to talk numbers......
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24 November 2015 | 16 replies
Manager lives on-site.Ok, those are the things that are positive about the home and community.Now for the things I feel would need to be added/completed/renovated before ready for sale or rent:New gutters - ~$800Laminate flooring in kitchen and bathrooms to match entire house - estimated $500Stove/Oven - ~$600Fridge - $700W/D (optional) - $600Window in master bedroom - $200Ceiling fan in master bedroom - $200Kitchen sink - $200Redo all door trim/paint all doors/rehang, replace or adjust a few doors - ~$500 (just a guess)Add small door to water heater closet ~$100New master bathtub - ~$8003-4 panels of skirting need to be replaced - $ (no idea) but estimating $200Ramp/Stairs/Deck leading to front door needs to be replaced - $1000Landscaping in front - $200Cleaning entire home to make ready for sale - $200I'd like to get a foundation specialist to look under the home (free)Roofing specialist to talk to me about the metal roof (free)I need to ask her about the furnace (forced air) and its age and working condition.I need to factor in about three months of lot rent (at $375 per month) for the renovations to be completed - $1125And I'd like to have $1000 set aside for unexpected rehab expensesGRAND TOTAL = $8925This would mean that our negotiations to the seller would start at $11,075.First, are these figures anywhere close to realistic?
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23 November 2015 | 19 replies
In using Craigslist to obtain leads for tenant positions, what has been the result on first impression and post-rental?
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15 December 2021 | 7 replies
Hi,I've noticed that most FSBOs are not receptive in doing a lease option or terms type deal.Some say don't use words like "lease option, lease purchase or rent to own" with sellers because a lot of sellers really don't understand and it may confuse them.I've been unable to find sellers that will entertain doing a lease option or terms type deals.I've heard that some use expired listings as a lead source but I've been unable to get a Realtor to provide any expired listings so I tried to contact the FSBOs directly on-line.Not finding any sellers that will do creative deals like lease options or terms.
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23 November 2015 | 8 replies
I am going to join this one and see where it leads.
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22 November 2015 | 5 replies
I hope all is well...was hoping to get some help or leads in regards to finding a private lender or some direction on a personal line of credit to extend my reach with my flips.
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22 November 2015 | 1 reply
It's amazing how just driving around can lead to so much networking.
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28 November 2015 | 43 replies
People talk about really digging in and using creative ways to find good leads, and I will absolutely do that, but from my brief searches, none of the numbers seem to make sense here in LA.
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23 November 2015 | 10 replies
The recovery is certainly over and most markets are in the expansion phase, which then leads to hyper supply, and then the next drop or recession.
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23 November 2015 | 7 replies
Just listed/Just sold.Cold call expired listings: Not much luck here yet.Facebook marketingOpen houses- Must people have had realtors.I also use some lead sites for buyers but have not had much luck.