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All Forum Posts by: John Mathewson

John Mathewson has started 25 posts and replied 710 times.

Post: Hello Raleigh,NC & Greenville,NC

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

Welcome to the site! This is an awesome place to network with some great people and learn a ton of information. Stay on here as much as possible and keep networking.

Post: Real Estate Agents 2017 goals??

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

@Dany Namou That's awesome! Congrats on getting your real estate license it' an awesome step. First year is always full of learning. Keep your head down and network like crazy you can do it!

Post: Hello from Central Texas

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

Welcome to the site @Troupe Brewer there is a ton of information on this site and some really really good contacts. Best of luck to you if I can help in any way please let me know. 

Post: 6% real estate agent or $300 Flat Fee Transactional Broker?

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

A good agent is worth their weight in gold. Key there is finding a good one. They can offer so much insight and professionalism during a transaction. You get what you pay for in my opinion.

Rich Dad Poor Dad. Great fundamental read. 

Post: Pros and Cons of New Construction

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

@Russ Draper I'm wondering from those who have flipped houses and those that have built new construction what the pros and cons are to both. From the profit that can be made, to the contractors you use...

Post: New member in Chambana, IL

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

@Kyle Williams Welcome to the site. There is a ton of information on here and some amazing contacts. Best of luck to you if I can ever help in any way possible let me know. 

Post: Best Hard Money Lenders for Fix and Flip

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

Honesty and communication. Look everyone knows the rates for hard money are higher than others that's because it's short term lending and there is a reason why they are looking for hard money. Just be honest and up front about costs, fees if you can or cant fund a deal. 

A lot of frustration comes from a hard money lender overselling and under delivering. 

Post: Reasons why you should not partner with a contractor?

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

I think most investors just have too many horror stories when it comes to contractors that the thought of partnering with them is scary in itself. I think it all comes down to trust. One of the best partners I used to have was a General Contractor but if the investor is having to worry about the contractor jacking up prices and profiting on construction as well and profit from the deal it can get a little hairy. 

Post: Credit Card for Material

John MathewsonPosted
  • Developer
  • Hobart, IN
  • Posts 773
  • Votes 225

@John D. That would be very helpful wow that's awesome.