All Forum Posts by: Jay Hinrichs

@John Semanchuk 

To be perfectly Frank I had one of my old HML clients call me and say hey this is a super hot market I want to do some flips.. So I funded 3 for him. 1 in Wegner one on Ashley and one ( cant remember the name.) so I did them site unseen.. then flew out there and checked it all out and said what the heck this is one of the hottest market s in the US.

So I bought 7 lots and proceded to build new construction and its gone well. the first 3 they bought turned and I made my HML rates.. then I did 3 rehabs for myself those went well and one in OLD mt Pleasant we made ridiculous money..

so I am there to stay. I have a few subdivisions under contract and as long as my BOEING friends stay ( which is assured I will be there)

@John Semanchuk 

  here are a list of my current projects

8 Kyle   Pending 430k

America just got plans break ground march

Nunan under way

woodal under way both nunan and woodall are 400k or so.

Simons

North Charleston circle I have bought 5 lots there sold 2 working on others and a 6 acres project we will do 40 or so on.

Lets just let this thread die we really don't want to crate completion for ourselves do we !!

I also did one in Old mt pleasant ( RED RED HOt ) and I have one going iN Mt pleansant currently

All I am going to say  LOL

@Sandra Holt 

 I sincerely hope its every thing you wish it to be!!

@Jeremy Ferguson 

  of course being a broker in CA for over 40 years I am slanted that way. however I bet most folks that put the same and effort being a broker will do far better than a wholesaler over the course of their career..

@Kevin Delaney 

  at least you know I know what a supra key is   :)

@Karen Margrave 

  Listen to Karen any threat of violence is to be avoided..

having worked in C class areas of the mid west were my PM's carry glocks I have no peronsal interest in mixing it up with those folks.

@Jeremy Ferguson 

  could be a tough.. one.. this is a perfect example if you were a realtor and listed it and got your client a fair and true price. you would make 9k as the listing agent without any risk on your part.. ever thought of that ?

@Nat C.   I am building new construction homes in Charleston..

the inner city is re gentrifying and frankly its red hot some of the best I have seen .

I have 7 under contruction right now in those neighborhoods .. one would drive through there and wonder what the heck but its quit fascinating really...

@Nat C. 

  Ok well I think I have given you some pretty good advice on this 20k.

/also I just bought a lot on America st in Charleston.. I think you had a property there as well.

@David Brodeur 

as a follow up its cash intense you need the cash to bid.. HML won't give you a loan until they can get title insurance this what usually seperates the players for those that want to do it. If you have cash then go for it. if you have no cash then its a waste of time.

If you do bid just make sure you know lien position etc