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All Forum Posts by: Matt Murphy

Matt Murphy has started 3 posts and replied 18 times.

Post: RE Attorney and CPA Recommendations

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Hello,

I've been working with Roger Spencer on a deal.  Extremely helpful and consultative, and will refer you to another attorney if he doesn't cover what you need.  If you reach out please let him know I sent you.

http://www.rogerspencerlaw.com

Post: First flip!

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

I had a bunch of great before pics on my phone, but it died.

I do have a before video though!

https://www.dropbox.com/s/d03buqjtiyjxq9g/VID_20160324_140601195.mp4?dl=0

Post: First flip!

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Thanks Belva!

I worked with a realtor named Tracy Preston.  She has experience working with investors, and is very diligent.  tracypreston.com

Honestly I originally had a photographer lined up, but my contractor was running behind so we just took pictures on our phones.

Post: First flip!

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Sorry, yes 30-40k.  Sometimes Voice to Text gets me goofed up when I'm on my phone.

Jose the best piece of advice I can give you, and one that was shared with me is to try to find people that are not only good at what they do but are also good at running their business.

Tookie examples would be a real estate agent, and your contractor.  If they are hungry, conscientious, and well structured in the way that they do their deals they will definitely have a big impact on you.

Do some networking, and don't be afraid to ask people if they have anybody that they would recommend or even that they would stay away from.

Thanks for the feedback everybody, good luck and good hunting.

Post: First flip!

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

I'll have to dig up the numbers, but the net of it is after we sell this we should make 3240 k on it.

Post: First flip!

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

bought my first Fix and Flip property earlier this year, and after a bit of fun with the contractor it is finally up on the market!

http://mymobile.flexmls.com/tracypreston/listings/...

I'd love to get some feedback from the community about how it turned out.

Post: Process for splitting a duplex into condos

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Hi Gerald,

My intent is to sell them both. Doing some research it seems to be a pretty common practice, I'll let you know how it goes.

Thanks,

Matt

Post: Process for splitting a duplex into condos

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Hello,

I am in the review process for splitting a duplex into a condo.  I have never done this before, and wanted to see if any of the members have and experience in this area.

Has anyone else gone down this route and have any advice?

Thanks!

Matt

Post: Anyone making use of the Zillow API with Excel?

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Definitely, let me know how I can help.  I've got a pretty solid IT background, though I am not a programmer/developer.

Post: Anyone making use of the Zillow API with Excel?

Matt MurphyPosted
  • Investor
  • Laveen, AZ
  • Posts 19
  • Votes 10

Shan's list was a good start.  Is there also a good means to see what have been sold in an area in the last x days and figure out a $ per sq foot range?

I'd definitely be open to contributing towards development of a tool like this.

Here is what Shan called out above.

1. Automatic rent estimate using zrentestimate , plus couple of other sources

2. Automatic zestimate , realtor.com estimate

3. School ratings -TBD Sources

4. Crime rating - TBD sources

5. Demography - Sources

6. Automatic CAP calculation using estimates