All Forum Posts by: Chris Pauli
Chris Pauli has started 2 posts and replied 5 times.
Quote from @Scott E.:
Not a contractor here, but as somebody who also makes a ton of offers, I want to give my 2 cents.
If you are really making that make offers per week and getting that many deals under contract, you should be pretty proficient at running your own numbers on your deals. If I had my contractor write up a detailed estimate on every deal I got under contract, he wouldn't be my contractor much longer.
Appreciate the response, we've made almost 700 offers since the end of January, 17 of which we've got under contract. Wholesaled most of them so far.
We're fairly close on running the numbers but would definitely like to dial it in more per their prices and then not have to rely on them so much moving forward for that stage. We seem to have a problem finding contractors that will give us a per unit price on labor (example: interior door install price). A lot seem to want to lump everything together so that we cant tell what the price is per item, which makes doing the estimates ourselves a little more challenging. I guess I didnt word it very well in my initial post.
Hello,
My name is Chris and I'm working with a small team of fast paced investors making 50+ offers a week on Chicagoland properties (have multiple under contract right now). We're looking for a reliable contractor(s) to meet our fast pace and are able to meet at potential properties and provide fast, detailed estimates. Looking to have multiple flips going at once to keep both of us busy with consistent work.
If this sounds like something that interests you feel free to drop a comment and we hope to work with you soon! Thanks!
Post: More than one real estate agent?
- Chicago, IL
- Posts 5
- Votes 0
Originally posted by @Tom Shallcross:
Agreed with @Mike B. Let them know you have X expectations so feel you need to try a different route.
Also, if you're looking in those areas I'd recommend connecting with @John Warren who specializes as an agent in the near Western Chicago burbs and also owns roughly 50 doors himself in that areas. We recently had him on our podcast (episode 9) if you want to get a a feel for how he can help.
That's honestly the guy I see keep popping up all over these boards that's making me think who I should be reaching out to instead. I'll definitely have to check it out. Thank you
Post: More than one real estate agent?
- Chicago, IL
- Posts 5
- Votes 0
Originally posted by @Mike B.:
As long as you're transparent with them it shouldn't be a problem. Personally, I'd get rid of the non performer and give someone else a shot if you're not happy. Plugging info in the mls to auto send screams bare minimum laziness to me.
That's kind of what I was thinking but wasn't sure if that was considered the normal and to just have to completely fight for yourself type thing. He hasn't really done much other than done the MLS search and an occasional "take a look at this property" that popped up, but then I run the numbers on the calculators and they dont look good at all. I explained what I was trying to do, find an under market value place so as so I could get my initial investment back out with the ARV.
Should I let them sell my place first and then kindly tell them I'm going to try going a different route? I dont want to sabotage the sale of my current place
Post: More than one real estate agent?
- Chicago, IL
- Posts 5
- Votes 0
Is it wrong to have more than one real estate agents looking for properties for you?
My current one does a great job at selling homes and has a proven track record of it, friend of a friend. She will be selling my current condo and I'm not worried about that at all. I'm going to rent for the time being while I hunt for a new place. I want to sell while the market is still going well is my reasoning for renting short term. However I would like my next property to be a multi unit rental property to BRRRR and live in for about a year ideally and I'm not so sure about how involved they are with investment strategies. She claims the guy I'm working with on her team has done some investing but just hasn't been giving me much confidence or seem to be helping very much. Other than setting up an MLS search for me that notifies me of new places. I've been looking at single family as well as Chicagoland area can be tough to locate deals it seems. I've been looking in the LaGrange, Brookfield, Darien, Westmont, Westchester, Countryside, Riverside, Woodridge areas mainly. Along with some south loop and west loop Chicago areas.
Just wondering if it's ok to try and perhaps find another agent that is more investment focused to help my search or if that's considered stepping on the toes of the first one??