All Forum Posts by: Ayman Elmasik

Thanks @Kyle Cabral, how successful are you getting leads through your website and have you spent any money on promoting it?

And BTW what is Purchase Price filter of 0-1 for absentee owners?

@Kyle Cabralany hints on what equity do you usually target?

Hello,

@Montana Mitchell, I will be able to get into the property itself but I don't have neough experience to assess it, the thing is most wholesalers in Houston (at least the ones I am dealing with) are always rushing you to take a decisions with no option period to back out.

so I am considering the money I will pay for the desktop  appraisal as part of the due diligence (cost of doing business).

thank you all for your replies

Hello,

I have a deal that I have mixed opinions on. 

can appraisers do a quick opinion without visiting the property? I'm looking for this in Houston.

If his service exists, can anyone send me contacts for whom can do it?

With all due respect, I’m not looking for realtor comps. as it sometimes ignores the renovations done to the property.

Thanks,

Hello BPters.

I just published my website who will be accepting deals from motivated sellers (trying to create my own deals).

I have been thinking about hiring a Search Engineer Optimization service to promote my website and bring it to the first page on Google.

Like everything on the interest, every service provider is promising the world for services from 199-10,000/month.

My simple question is, can anyone share/recommend a SEO service provider for reasonable fees.

Happy investing,

Ayman

Hi BP team,

I'm a flipper from Houston and always looking for deals I don't want to make a killer on every deal but still want to make some $$$.

Send me all your deals on my email [email protected]

I buy using cash or hard money and I can usually close in less than 15 days.

Any geographical area with home ranging between 150-350 ARV.

Thanks,

Ayman

Nate, I got the correct tax number from the listing agent it is 2.85%.

thanks Doug for the hint about financing contengency.

Hi there,

I'm finally ready to make my first purchase but I need some help in assesing the property and how finance it.

1- the property is 4 units with total 3,461 Sq. Ft built in 1983 and the asking price is 135K

Monthly Rents: $ 2,475

 Annual Rents $ 29,700

 Annual Vacancy 4.0% $ (1,188)

 Annual Expenses 55.3% $ (16,418)

 New Taxes 1.25% $ (1,682)

 Annual Mortgage Payments $ (6,338)

this is a unit in a condo, the condo complex has tennis courts, swimming pool, community laundry room, and security gate (i'm workign on the comps with a realtor)

Does that look like an attractive deal finacially?

2- I live in a house that I still have mortage on and I can pay 20% down, what is the best way to finance this deal?

Appreciate any help.

Ayman