All Forum Posts by: Liam Singh

Hello everyone,

I'm looking for insight into your experience with a few funnels. A partner and I are focusing on realtors, a probate list (cold emailing) updated once a month, D4D, and Craigslist. The Craigslist effort will mostly be just for this month to test the numbers, as I am moving into this full time from my current job in tech and do not have the time necessary for D4D.

If you have done these, do you have experience you can share with how you made it work? If you've done something different, why did you choose to focus on that different funnel? From my first few weeks getting up to speed, it's definitely become daunting trying to source solid deals in Denver. 

Any perspective you are willing to share would be appreciated!

Quote from @Peter Mckernan:

I am checking days on market for that HOA/community then the larger community. So if you are looking at a deal in ABC HOA and that is close to downtown Denver I am looking at comps in that community, DOM and floorplans etc. Then I am taking a look at that larger area call it 1-2 miles within a circle around that property. That gives you better comps and an idea of what is selling and how fast. Lastly, I am looking at Denver as a whole. I am taking all that data in and making my decision.

 That is very helpful insight. Are you utilizing pay-for tools that let you search for off-market, pulling public records then cleaning for communities, or using well known applications to get your community picture? 

My general question: All of that data would allow for an effective decision on property - but is the general flow sourcing (via public/tools/web) -> running HOA/community check (preferred areas) -> comps with plans/DOM/sell speed -> gathering larger area picture -> rapid underwrite to verify decided property?

Makes sense. Focus on areas and civic centers. Wise to go case by case or take the time to build out a framework on excel/sheets to quickly sort opportunities? Can see how there would be enough variation to go case by case and not attempt to bucket everything.

Hello everyone, wanted to get some insight on what further things you look at when running the numbers on a flip opportunity. Past your standard ARV, Rehab, Fixed Costs, Desired Profit and Max Purchase price numbers, what questions do you like to answer? Do you like to look by neighborhood, speed of sale, bank estate owned selling speed, average home cost, layouts? I know even these are somewhat standard, but is there anything out of the ordinary that you have found useful?

About me: I'm focusing on sourcing and underwriting fix-and-flip opportunities in the Denver market. My goal is to connect investors with clean, well-analyzed deals that have realistic numbers and solid returns. If an opportunity is good enough a partner and I will take it down ourselves.

Hi Terrance,

I think that is pretty accurate from what I am noticing off the bat. The analytics in the REI market have been easier to grasp, while others have been more challenging. With that in mind I am kicking off with driving for dollars to get an eye for properties worth looking into further, combined with a bit of networking and existing relationships. I definitely will begin joining networking events, though am a bit nervous as I've not yet done a cold event before in my career. Though do you recommend one tactic over the other?

To start we target smaller residential based on the locations our connected investors (typically the end flippers) are looking for.

Apologies for the typo - I had intended to say I am transitioning from a career in tech into the Denver Investment Market full time. I am starting off with trying to source off-market opportunities. Would love for any sort of mentorship or insight as I dive right in!

Hi everyone, I’m transitioning to a full time career in tech into the Denver investment market. My business partner has a couple years experience with his own development company in the Chicago market. Together we’re now focused on Denver, acquiring investment opportunities for potential buyer opportunities.

I'm on this forum to learn as quickly as I can to get up to speed. I’m especially interested in any materials, strategies, or insights that can help me gain experience and sharpen my approach as I make this transition. For any seasoned deal finders, is there anything you wish you did right off the bat to start of stronger? All advice helps!