All Forum Posts by: Brian Vaughan

Hey Tyler,  

As many have said, recently SOLD sales of similar homes, from within the same "market" as the home you are estimating value.  Look at photos, and look for homes that look as similar to yours as possible, in quality, condition, style and size.  The closed sales price (if it is recent, hopefully under 6 months) will be a good indicator of value for you.    -Retired appraiser, 32 yrs

I started purchasing REI courses back in the 1980s. I've watched so-called "Gurus" come and go. I have a good amount of experience with Joe McCall over the past 5+ years and Joe is without a doubt, NOT a scammer. In fact, I would put Joe at the top of my list of least scammy REI gurus over the course of many years.

I took the free course but didnt proceed, as the whole thing felt "scammy" to me.   

Still waiting to hear from ANYBODY who paid the dues and got a great return on that investment.  

Still waiting.  

Direct deposit from my property manager

Hey Chris,   

I just watched the brand new video of you on Youtube.  Congratulations on NOT listening to the negative naysayers and forging on to create incredible wealth.    Very inspiring!    Go get 'em in 2020.  

Thanks, but I think you may have misread my profile.    

Btw, the point of my post was to beware of who you take advice from.   Good luck!  

"There has to be someone else out there!"

There is, but if you're paying for advice in beer, your gonna get what you pay for.  

From the TREC website:

Form Name:One to Four Family Residential Contract (Resale) (Form ID: 20-14)Effective 

Date:02/12/2018

Description:  This is the most frequently used contract form.  It is used for the resale of residential properties that are either a single family home, a duplex, a tri-plex or a four-plex. It is not for use for condominium transactions, new homes being sold by a builder, or farm and ranch properties.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $100,000
Cash invested: $60,000
Sale price: $235,000

3 bed / 1 bath SFR built in 1975 on a 0.18 acre level parcel, in a older neighborhood near a popular river "beach".

What made you interested in investing in this type of deal?

Love flipping a home with potential.

How did you find this deal and how did you negotiate it?

Monitoring MLS daily and being quick to offer slightly above full asking price, all cash, quick close, not contingencies.

How did you finance this deal?

Cash.

How did you add value to the deal?

Spent about 60k over a 5 month period. Made and unfunctional home very functional. Quality staging.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes. Hired a great local agent after interviewing many others.