All Forum Posts by: Jay Hinrichs

@Rick Baggenstoss 

  perfect for neighborhoods that have drive by issues  !!

@Rick Baggenstoss 

   well not selling is not good... I would think you would need to come in under market not top of market.  and of course buy and hold those could be tenant proof  like bullet proof

@Rick Baggenstoss 

  thanks Rick cool... I sent to my Architect.

Portlandia's  motto is  "Keep Portland Weird" so these should fit right in.

We have all these super skinny lots and high density.

@Camronn W. 

  had not heard of shipping containers used for primary housing.. any links one could look at ? appreciate it.

@Will Barnard 

  Consulting is a good gig and a natural progression for very experienced folks in any industry. 

@Andy M. 

  Well as long as you are happy and have a good rep that's all anyone can ask for.

@Rick H. 

  meant 20k is over head maybe 10k net for the guru then he has to pay his fixed over head.. but still great money  for being an Educator :)

@Rick H. 

  was the fulfillment company Utah based... I have been to a few in Utah they are big operations so a lot of fixed overhead behind the scenes of the Guru business..

if I was to take a stab... given all the media they purchase to go into a market for their deals. the money they pay the presenters and the folks that teach the 3 day event. then the big to do for the bus tour or master mentor for the following year with the fulfillment company.  I would say of course the 199... loses money big time.... the 30k I would bet 30k or more is sucked up in overhead.. But still a nice pay day for the guru.. And the fulfillment companies I visited the top guys were knocking down big bucks.. The CFO I  talked to was going to France for a year so his daughter could go to school .... Now that is living the life you Deserve !

@Andy M. 

  you bet ,,, I was just curious what others would think along those lines...

I know for me personally when I did deal with individuals each was a little different too you may take a liking to one and want to give them more than you could probably buy the property for... and there are others that are kind of hostile and you want to get the best deal you can and really have no regard to the seller.

Funny story, I have a good friend.. Retired Car dealer who was very bored and instead of playing golf 6 days a week wanted to get into buying a few homes and flipping them.. This was 08 09  crash.. he was in Bend Oregon that got hammered.. And of course he all cash up... So buying was not a problem... So I said go talk to a few folks and see if you can buy there house before they lose.. it... He did it once... Called me back and he said he just could not do it.. He said he donates in his church to help people save their homes and could not buy them  even if it was courthouse steps.. So he joined me in loaning money to flippers he felt better about that... its a personal thing for sure.

@Andy M. 

  to be fair I did not watch the video  but it sounds like you did major reno for far less than others could do it for.. thereby creating your excellent Delta.

We had this scenario many times in my days of timber... IE you Cruise a stand  which is usually pretty accurate  but not always.. you pay for the standing timber thinking your going to make X and then you hit a huge over run  and the next thing you know you made 100 to 200k more than you projected.. Or it could go the other way you Cruise the stand pay and the harvest comes in Light and you make next to nothing...

Houses on the open market seem a little easier to get a handle on .. But in my work a day world were I fund wholesaler flippers nationwide. Some of my guys can rehab for at least half of what it would cost us here in Oregon. So value is made in labor and efficiencies no doubt. 

Like I said not much talk on BP about helping sellers maximize profit  LOL.. its all about helping investor buyers Maximize their OWN profit.... I guess that's what makes the world go round.