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All Forum Posts by: Johanna Lopez

Johanna Lopez has started 4 posts and replied 21 times.

Post: Galveston, La Marque TX. area

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8
Belinda Lopez i m moving to Galveston sometime in July. I would love to be a part of the team. Is there a place I can sign up?

Post: El Paso TX

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8

@charles I woul like some properties refferal and also introduce me to any clubs I can join in the area. Thank you for the tips

Post: Staging??

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8

@jbeard this is a good example of staging .. It's when you decorate each room  to help the buyers visualize themselves living in it 

Post: HOME STAGING

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8
Hello BP family! I wanted to know what are everyone's thoughts/success with home staging. Do you consider it into your budget? Let's chat! Thanks!

Post: El Paso TX

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8

Does any one have any points of contacts for investors/wholesalers in EL Paso TX? 

Post: Evaluating my first property

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8

@Sean Dolanyeah you're right about that. Wholesalers from my experience are very firm on their prices. 

Post: Evaluating my first property

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8
(AVR * .70) - REHAB = recommended purchase price (135k * .70) - 22k 94.5k-22k = 72.5k So based on this scale and not looking at the condition of the property it looks like you should go in at 72.5k. Again, this is used as a tool to quickly determine if it's a good flip . I use it and it works for me.

Post: Evaluating my first property

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8
I completely agree with Daniel Hansen I use the 70% rule to determine a flip. I learned it here https://www.biggerpockets.com/renewsblog/2014/02/14/70-rule-bible/

Post: Our first condo flip

Johanna LopezPosted
  • Investor
  • Huntsville, AL
  • Posts 26
  • Votes 8
Great work!! How much did you pay for Reno? And how much did it sell for? It is a blessing to fin d a mentor specially someone with that much level of success!!

@Brit Fosheethat's understandable .. Great work any way! 

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