All Forum Posts by: Michael Truong

Do you guys think this maybe left alone since there is so much unknown making this wholesale too risky?

Hi Socal Investors,

I came across a distressed/vacant home while driving for dollars in the southern California (socal), Los angeles county area. I was able get a hold of the owner and he is interested in selling. However, I am haven't trouble estimating the rehab cost to make an offer on the home. The fire started in the garage and damage from what I can tell is to the garage, attic, family room. The bathrooms and bedrooms seem to be fine with no visual damage. The house is 3 bedrooms 1.5 bath and is about 1100 sqft in Rowland Heights. Could someone help me with they would estimate the rehab cost to be based on the pictures alone?

Hi Bigger Pockets Community,

I received a called from an owner of a distressed vacant home that is interested in selling. This came from letters that I sent out. The home is located in the Los Angeles County Rowland Heights area. This will be my first deal so I am pretty lost in what is the best approach is in making an offer and working towards getting this home flipped? What form to use to make the offer and how to make a good rehab estimate. 

What is a good estimate home that needs a complete rehab (been vacant for 8 years).

The home is 1500 sqft 12,000 lot, 4 bedroom, 2 bathroom in Rowland Heights, CA.

Interested in anyone with experience interested in partnering up.

Below is my rehab estimate.