All Forum Posts by: Kurush Italia

Hi BP community,

I'm an investor looking into some other markets outside of the dreaded Southern California area. Would anyone be able to help me compile Average Days on Market data for zip codes in Orlando FL? Any assistance would be greatly appreciated!

@Brent Hill any updates? Still taking action??

Hello BP community,

After listening to all the podcasts and reading many useful posts on this site I have finally decided to take the plunge! I was contacted by a wholesaler who had a property under contract. After about 2 days of back and forth we settled on the price. The preliminary numbers look as follows:

Purchase Price: $260,000

Rehab Cost: $60,000

ARV: $440,000 (conservaive estimate)

Now before I sign the assignment contract with my partner I wanted to get some advice as to what precautions to take to vet the wholesaler. What kinds of things should I ask from them to give me peace of mind? Also would it be advisable to have an attorney helping me through the process? If so can anyone recommend any that they have worked with?

One thing that has always resonated with me is that people on the podcast have preached go find the deal first and if it is a good one then the money will come. Well I found the deal. Has anyone worked with any Los Angeles based hard money lenders?

Any and all advice will be much appreciated! This site and it's members has been so great.  

@Adriel Liwag wow what a turn around! Love the dangling light fixtures in the kitchen. Really made that $60k in rehab go a long way. Do you use a private or hard money loans to fund your flips?

There is definitely something therapeutic in revitalizing something old and making it look beautiful again.

Congrats @Adriel Liwag! Did you do all the work yourself in your free time? If you can post some pictures and the numbers if you don't mind. Keep up the hard work!

@Brian Huber did you follow through in this area? I was looking into this area myself

@Jeff Greenberg Not going to be able to make it this weekend but please keep me posted on the next one. Thanks!

@Jeff Greenberg I'm new to the site and investing in real estate. Can you add me to the group for future meetups? Are there any happening in April?