All Forum Posts by: Abhi Golhar

@Mike Simmons, what is sq ft of new builds? How recent are the sales you are using for comps?

@Philip Bashaw - how much skin in the game do you expect to have for each deal?

@Andrew Cordle - See you there. Looking forward to it.

@Heath Green - No date set as of yet that I know of, but connect with @Azeez K., he's the man with the plan on that.

@Laura O. - 

Your ARV is a ratio of sq ft * retail $ based on the sale of 132 Claire for $155,000, but, I'm not convinced of the area. Also, 132 Claire is a 2 story and if we were to add a 2nd story to this home - it may not be worth to do the deal due to added cost and time for permits to be issued adding to carry?

Also, how did you determine rehab costs? And what factors attract homeowners to the area?

Everyone,

I sent out an email with the Download Link about 2 hours ago. For those that didn't receive it, please message me with your email address and I'll send it to you.

-Abhi

@Azeez K. did a phenomenal job of putting the meetup together and a BIG THANK YOU to everyone that attended on a Saturday - it was very nice meeting all of you and seeing a few familiar faces!  

The questions asked were stellar and both Walt and I are grateful to have the opportunity to provide detailed insight into a lead generation strategy that isn't used too often by investors that we felt you could benefit from AND share the story of a new construction case study which opened up for an on-site tour.

I will be emailing everyone that attended a special link that contains all the downloads that I mentioned.

Please feel free to connect with me with any comments or questions!

@Account Closed -

I primarily play in the major rehab/new construction/subdivision space. The numbers @Rick Baggenstoss mentioned were right on target. 

For major rehabs, net profits can be $80k+,
new construction 100k+, and
subdivisions can be significantly more. 

As speculators, we understand there are many factors that contribute to increased profit expectations and the success of a project. Therefore, I would complete the due diligence that most do incorrectly (or don't do at all), including: 

1. Neighborhood & school analysis
2. Repair costs, and 
3. ARV

@Joshua Jarvis - 

Send over the spreadsheet: [email protected]. I'll have a quick look.

@Adam Harris

 Looking forward to seeing you there!