All Forum Posts by: William Byers

It looks great Jessica!  Update us on the sale, but the rehab at $14k was well spent to address the function and overall appeal. 

I have access to MLS as a realtor, but I also check rentometer.com and zillow.

Kevin,

Welcome to BP.  There is a local meet up next Thursday 8/14 at 7 pm at Brio Tuscan Grill in Town Center.

Welcome @Jose Gomez

Tyler,

Numbers don't look great. I have a simple spreadsheet that I will be glad to share that calculates a ROI on a cash basis. If you need more help, I can do detailed investment analysis for your buys that includes Internal Rate of Return on both pre and post tax basis. First one is for free...

Jesse,

As a realtor, I can provide ARV from a few different sources if you would like some help.

Penny,

Add me to you buyers list, fix and flip for retail or rental.  South Jax and Northern St. Johns are ideal areas.  I can also provide guidance with contracts and closings as I am also a realtor and work in corporate real estate.

As a Professional Engineer, I would like to shed some light from my perspective. When a PE signs and seals a set of plans, he is swearing and affirming they were prepared under his direct supervision, so you'll be hard pressed to find one to do otherwise.

If I'm not mistaken, you are trying to use one set of MEP contractors (ie cheaper) to do the work, and another set (or free lance CAD guy) to prepare just the drawings and have a Master Tradesman sign his work. All of this in a hot market. As stated earlier, supply and demand rules.

At the high end of your cost, it comes down to $454 per unit to have the plans done to satisfy the permit department requirements. That's pretty cheap.

Welcome Donna!

Welcome Brent!