All Forum Posts by: Justin Howe

Cristian Yepez You can search Google for a contract or call a local realtor and ask them to send you one.

It's important to explain to the seller your intent. If you're wholesaling, tell them you plan on finding another cash buyer who will actually purchase the property. Be honest and upfront so you don't run into issues that prevent you from closing.

Cristian Yepez Depending on how your contract is structured, you could lose your earnest money deposit.

Welcome to BP @Ross R.

@Nathan Thompson You could try using bandit signs (we buy houses signs) if they are legal in your market. 

@Matt McConkey Your question is difficult to answer without knowing more about the property. How many beds/baths, sq foot, address...?

A common formula to quickly determine if something is a deal or not is MAO = ARV - repairs - profit

Max Allowable Offer (MAO) is the most you can pay for a property.

After Repair Value (ARV) is what the property is worth all fixed up.

What's your goal with the deal? Fix and flip it? Fix and rent it? Wholesale?

Right now it's not making you any money, right? I say fix it and rent it out yourself. Or do what @Jeffrey H. said, fix it and sell it. 

Both ways will turn it into a cash flowing asset.

@James Fisher Analyze deals every day. The more you do something, the better you'll get.

@Leah Bonner You could start building an authority online by producing content. A podcast, a blog, a vlog... that way when people are searching online - there's a chance they will land on your content and work with you.

The best part is it doesn't cost a lot of money.