New wholesaler in Los Angeles!
Hello BP! I am ready! I am currently doing a Live-In flip, but I want to get away from swinging the hammer myself.
I would like to stress the point that I will add 10% to rehab costs as a cushion for unseen expenses. I also take my ARV and slash it by 10% as to ensure that I do not over estimate profits.
I have a list of questions for you so that we can get on the same page. Please explain to me your criteria for purchasing housing.
1. In what cities do you buy houses?
2. Single family, Rentals, what type of housing is your favorite?
3. Is there a specific feature in housing that you look for? Or that you want to avoid? (pools, basements, etc)
4. Do you have a limit on rehab costs, are you comfortable with large rehabs?
5. What is your profit margin?
6. Do you have any questions for me?
Thank you for reading! I look forward to earning the right to serve you.
Steven Roux