All Forum Posts by: Joe Kooner

@Brent Hill

This is awesome Brent. You should set up a blog documenting your progress. I've been thinking about doing that. 

Quick question, and I promise I'm only trying to play devil'a advocate: are you being objective or subjective in your "documentation/journey"? Will you be expanding what aspects of the program are helping you and what parts you don't like and how they can be improved or how you can get around any limitations?

Just curious as you start this journey what you end up liking and don't about the coaching program. 

Definitely following for more updates. Thanks for sharing. I look forward to this mini "diary" where we can celebrate your successes!

@Alex Chin thanks for the insight Alex! It's good to know that there's some feasibility and positivity for the flipping market. I don't mean to call out anybody but a part of being a good wholesaler is leaving enough meat on the bone for your end buyers so they come back for me. But I can see how difficult it can be for the high volume guys when inventory is low. 

I've been hearing that flipping is not feasible in the Seattle area currently. Is it because sellers want top dollar, or wholesalers/flippers can't seem to leave enough meat on the bone? Just curious.

I've always heard regardless of the market, there are deals, you just have to be persistent. Also, I could be wrong, but are a lot of flippers banking on appreciation for their rehabs? In my opinion, this wouldn't be a viable strategy long-term. 

@Dave Visaya Thanks Dave!

There's been many times that I'm on the Mobile app and see a thread I'd really like to come back to in the future for reference because it offered a good tip or skill. Could we implement a feature where we can save that thread or even individual POST in our "favorites" section? It's almost like a bookmark.

Seller lost his job, moving out of state and must sell. He's already behind on payments for two months. He wants 129K for the house but he OWES 125K. He's offering owner financing. How do I structure this deal for a wholesale opportunity? I've read about this and I know it's mentioned in podcasts but can anyone explain what you would do? Comps are around the $180K mark after some rehab.

@Seth Williams No worries, please let me know what you find as I'm looking to transition in the future as well.

@Seth Williams I think Steve Butala uses Mortcare. Might be worthwhile to connect to with him and see if it works for you.

@Scott Pirrie @Matt Gragg

So if I'm understanding this correctly, it will take 4-8 months to start building on a potential lot or a potential teardown and then new construction?

Yes, that does seem like a long time. Because imagine if you find a property, get it under contract, purchase it with the intention of tearing it down and building new, you won't be able to do that for about 4-8 months.

Is this King County or only seattle?