All Forum Posts by: Mike Jakobczak

How many days does your occupancy include if you buy in? Not sure how these deals work...since anytime someone has presented me these types of deals, the numbers are low.

I have a few title companies I have used. Not sure how wholesale friendly they are, since that's not part of my business.

Contact me and I can give you my details on deals I look for, if you come across any. Always looking for leads.

goodluck

Yea I'd remove the 2000 closing cost condition. But hopefully you get it.

haha Fine I'll come out from hiding...;)

Welcome!

www.affinitygm.com
www.nreinsurance.com

They offer insurance on flips. Looking around $55/month for a builder's risk and around 75k insurance on the property. This is too give you an idea, obviously may be different if your property is worth more.

Joel makes a good point. The second it.

way to go! keep up the hard work!

Well seems like you have an idea of what you want done. I'd start by setting a minimum profit that makes sense to you to do the deal. Then put together a estimated budget, and confirm with a few contractors on your numbers. Once you determine your numbers you are playing with, you will know the highest you can go on this property. Then put in your offer I'd suggest not to go highest, unless your market is very competitive. Then chances are it will go to highest/best. Make sure you don;t forget about holding cost, time on the market, cost of money, condo fee's etc. good luck

Craigslist should get you good traffic, but make sure you refresh the ad during busy times, morning and after work. Also put together a decent ad on there. Not just one or two lines. You want series renters to take your ad series, so make it worth there while by giving a decent idea plus lots of pics! Good Luck

yea zillow doesn't have the greatest response on here. I wouldn't really ever pay for comps. Since I have agents I use on a daily basis to help determine after repair values for properties.