All Forum Posts by: Jesse LeBlanc

@Bhekizwe M. - Thank you sir!  

I saw your profile, have you been able to find some good deals lately?

Fulton or DeKalb County Permit department.  You can find out who's pulling permits and for what purpose.

@Lorenzo Jackson - Keep up the good work!  Best of luck on your adventure.  Luckily, every house throws you a curve ball so the path is rarely ever straight.  For me, wondering what's around that corner is exciting.

I've seen a lot of Allgood trucks around but have never called them.  I too need to check on their rates.  I feel a larger company would be better if you have multiple properties or apartment projects.  If you needed someone there quick, at least they have many employees to pull from vs a smaller mom and pop ran business who is likely on a tighter schedule.

Great job! Perhaps stage it and don't use fish eye photos. How did your other 3 projects go for you sir?

Speaking on behalf of my old business partner... He lives in Spain but flips houses in Georgia. His LLC was in GA. Attorney and CPA in GA. It's nice to have someone local to the market you're buying property in. Even better if they also invest.

I use Maxguard Pest Management and also Active X on a few projects. Emerson Jackson owns Maxguard, I've used him since 2011. I believe Active X is a little cheaper but much larger company.

I'm not sure which event you're attending, however, it's likely going to end exactly how you think! What is the name of this event? Someone else here might have been before and can give you better feedback.

Agree with Jason Green and I too use the same lender currently. You may want to look into a HELOC or partner with someone who might be in a better position to get a conventional loan for this rental.

@Dmitriy Fomichenko - Majority of the deals I did with my partner was in DeKalb GA. One (the epic failure) was in Snellville Ga. My expertise was project management running the subs. His position was finding the deals, running the analysis and handling the finance side. Unfortunately I was SO GREEN on the financial side so I trusted him and vice versa. However, he was more outspoken than I was and always assumed work could be done cheaper than reality (he lives in Spain). So little did I know until many deals have gone by that he always over estimated the ARV and under estimated that rehab cost!

This put a lot of stress on me managing the projects but I learned more than I ever thought I would in one year.  All that to say, we made a profit on every house but not enough worth the time I put into each project.  I believe they averaged around 15k each.  Hence why I decided to start studying his side of the business and venture off on my own.  Now, I realized how easy it is to analyze and find deals.  I've since stepped away from managing the project giving me time to find more deals and study study study.  I'm far more conservative in my asking price and not afraid to walk away from any seller if the number isn't right for me.  I refuse to allow the mistakes of my past to happen again. :)

Do you have a couple books that you have found helpful in your career?  Be it Real Estate, business or self help.  I'd like to add another to my Amazon cart.