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All Forum Posts by: James McGovern

James McGovern has started 359 posts and replied 1300 times.

Post: Finding multifamily properties that fit dscr criteria

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

Is there a secret to finding properties that qualify under dscr as everything in my market is overly expensive 

Post: Sober living homes

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

How much more does a sober living home create in terms of profit?

Post: Sellers pulling their property off the market.

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

It might be based on them having high expectations of agents and their ability to sell

Post: Opening bids or tbd

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

Opening bids tend to be based on the outstanding balance owed

Post: Propwire vs propstream

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

Sometimes good is good enough 

Post: Is it a Buyer's Market in your niche/town?

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

Still a buyer's market in Hartford CT

Post: Abandoned new builds

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

Anyone happen to know of builders that have abandoned a new build in central Florida?

Post: Flipping houses you do not o

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

On flipping nation they did an episode where the owner retained ownership of the property and they invested in the rehabilitation . They agreed to split the profit equally. Feels like a strategy worth exploring further 

Post: Flipping and staging

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

I was watching flipping nation where they were showing flippers paying for staging. In the numerous flips I have done, I never found the need to do so.i have included virtual staging photos as part of listings.

am I alone in this philosophy?

Post: JV Agreement - Legal Title In Partner's Name Only

James McGovernPosted
  • Flipper/Rehabber
  • Bloomfield CT
  • Posts 1,373
  • Votes 333

You can always put a lien on the property to protect your interests