All Forum Posts by: Jordan A Bradley

@Mark Gliebe

Thank you that’s great information. I have known for a while that if I am going to make this work I have to apply all of my tenacity to do it. My problem is that time is a premium for me. I probably travel about 33 to 36 weeks a year. Even if I can get one flip done even if that flip takes a year it will be a good start to something great. I’m not coming from a place of desperation, I truly love my job but I need something else because the road life is hard on the body.

I am a member of a few wholesaling groups on Facebook. I am persistently seeing properties on there that are in or around the Memphis market going for 12 to 20 grand. Most are in a severe state of disrepair. I think starting with a method of developing comps so I can at least get an approximate ARV on some of these properties that keep popping up is a good first step.

What do you know about the Memphis market?

@Luka Milicevic thank you so much for the honest report of the market. I have been mostly looking about an hour outside of Nashville. I seem to find more things going on out there toward Memphis. On one of the few real I don’t take anything you have said as negative. I see these things as challenges to be overcame. Any and all advice is welcome.

Hello fellow Investors,

I am a full time professional who works in the entertainment industry looking to start flipping houses on the side. I have a career I travel for regularly. I really want to break into flipping houses so I can start making arrangements for my mom who will be nearing retirement age soon. As well as build my wealth and eventually get away from traveling for most of the year. I have an LLC set up in the state of TN. I am in the process of saving my starting capital.

I have some pretty basic questions I’m hoping some of you can help me with.

First being strategies and resources on running comps. So far I've been using Zillow but I hear it's not as accurate as other sources that are available. I am not an agent or broker so I don't have access to MLS.

Second question, I see lots of bandit signs out there from wholesalers in the Nashville area. I imagine that they are a good resource for finding properties that would be good for flipping. Considering I travel for a living and I can only afford to do a single flip at a time starting out should I also employ bandit signs, check with probate offices and other strategies to find distressed properties as well?

Third if my intention is to flip should I also add a clause to my contracts that allows for assignment just as a back up?

Fourth, time for me is precious I spend the majority of my time traveling for work. I know that I have a lot of work ahead of me to make this work with my schedule. Any time saving strategies or tips for dealing with contractors while out of town or state.

I know this is a lot of questions but I figured I would get some of these out of the way first.

I am looking forward to your opinions and advice.

Thank you so much in advance.