All Forum Posts by: Chris Gould

Great rehab project in the outer Pittsburgh city of Natrona Heights. This area is seeing 3.6% price growth projections for the coming year with multiple homes selling in the same neighborhood within the last 3-4 months. 

The home needs a lot of work but it going for less than 50% of the ARV ($87,300). Has an awesome treehouse in the back.

Comps:

3149 Primrose Lane

2 bed 1.5 bath 1,088 sq. ft.

$86,000

Sold: 8/30/16

2728 Kingston Dr.

3 bed 1.5 bath 1,200 sq. ft.

$81,000

Sold: 7/21/2016

2404 Hemlock St.

2 bed 1.5 bath 880 sq. ft.

$95,000

Sold: 7/11/2016

View additional photos here: http://www.zillow.com/homes/for_sale/11331743_zpid/6m_days/globalrelevanceex_sort/40.640995,-79.710177,40.632234,-79.724833_rect/15_zm/1_rs/?view=public 

This house is ready to be flipped. 

Needs work but at $6500, this baby is a steal. Needs plumbing and electrical work. It is currently unoccupied. In the process of getting pictures. Contact me if you'd like to view the house. 

Thanks,

Chris

@Account Closed Do any work in Houston? 

I have a house under contract in Alexandria, Louisiana that I'm wholesaling. A buyer reached out and is very interested. He can close in 1-2 weeks but the homeowner has stopped answering my calls and texts. What should I do?! Please help?! I should also mentioned that I don't have access to the property and I am working remotely.

Have you been burned before? What happened?

I am doing wholesaling remotely and have a property under contract in New Orleans - NOLA. I've reached out to several wholesalers regarding JVing this property. 

Hypothetically, if a few of them are interested in JVing with me, could I sign JV agreements with multiple people and whoever brings the buyer first gets to split the assignment with me?

How does this usually work? 

Thanks

you guys are right. I need to revamp my marketing and be more clear with messaging so at to not lead homeowners astray. 

I will say that lots of the information I've learned online takes a stance of don't ask don't tell regarding wholesaling in general which does feel like an integrity based way of doing business.

Thanks Tim. That's great info to know. Do you know other investors that are interested in this type of rental property or are you yourself interested in additional properties of this nature?

Thanks Keith this is great information. Being that I just started marketing the property, I have not received any feedback from buyers, although several people have been interested. I posted in the areas you recommended. The house's ARV is $34,000 and I'm selling the contract for $13,000. I have it under contract for $11,000.

It needs some work. The post in the marketplace and be viewed here:https://www.biggerpockets.com/forums/517/topics/34...I appreciate feedback. 

Also, I could buy this house but I'd prefer not too. I'd need to get a lender for the other $6k (I have $5k to put in currently). 

Thank you,

Chris