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All Forum Posts by: Vanessa Burgess

Vanessa Burgess has started 17 posts and replied 85 times.

Post: What does the percentage stand for?

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

What does the percent in the MAO mean/stand for? I understand there is a formula ARVx70%-repairs=MAO but what does the percentage stand for?

Post: What's the next step

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

Exactly what is the next step after a property is under contract and located a buyer what's the next step? Do you sent up an appointment to meet the buyer to give the purchase contract to? Then do you have the buyer sign the assignment contract? Do you both go to the title company? Just what like to know step by step what's after the property is under contract and was able to locate the buyer?

Post: New Member from Philadelphia Suburbs

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

Hey Matt welcome to the site!

Post: Direct mail campaign

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

Thanks Don for your comment on this post it was very helpful full of great advice.  You have some good pointers. 

Post: Escrow/title companies

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

Hey Anthony  thanks  for responding by any chance do they handle wholesaling and assignment contracts?

Post: Shell property

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

Thanks Andrew I'm looking to find out is to estimate the repairs I'm looking to make this a wholesale deal 

Post: Shell property

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

I have a question I got a call back from a seller and the seller have a multi unit property but said it's a shell. I didn't visit the property yet. My question is when a property is a shell exactly what type of repairs does that consist of and how do I calculate that??

Post: Philadelphia shell property

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

I have a question I got a call back from a seller and the seller  have a multi unit property but said it's a shell. I didn't visit the property yet. My question is when a property is a shell exactly what type of repairs does that consist of and how do I calculate that?? 

Post: Real Estate Rookie from Pennsylvania

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

Hey Bill welcome to BP

Post: Driving for dollars

Vanessa BurgessPosted
  • Real Estate Investor
  • Philadelphia , PA
  • Posts 87
  • Votes 9

-William that's the same thing I was thinking thanks !