All Forum Posts by: Mike Schorah

@Cassandra Alessio Yes! I have my personal residence.

@Cassandra Alessio

Hi Cassandra! I'm not from New Jersey, but I'm from Elkton, MD which is about 20 mins from New Jersey (via the Memorial Bridge) and I'm looking at properties in New Jersey (Salem County, Gloucester County, Camden County, and Burlington County... so mainly South Jersey). What part of Jersey are you from?

@Account Closed What was she doing exactly? I'm curious because it makes me think of the condo collapse in Miami.

Welcome! Learn all that you can. Repetition is the mother of skill.

What are you focused on? Are you good at sales or have you ever tried it

Not saying that getting a RE license is a bad idea, but it depends. I'd weigh my options. If you are good with people and can handle rejection (examples would be in dating, with job interviews), then I'd say to go for it. But that would be your focus first. In my area, it's over $1k just to get the RE license plus the time of doing a 100 hour course.

If your focus is on flipping or rentals, then I would get the RE license later if at all. It could help you save on commissions and help you get into any property on the MLS without an agent.

So, it comes down to focus and the time/money cost.

@Ronald Allen Barney 

Yes. I wouldn’t be able to pay my bills.

I’m not looking to jump in just yet. I want to learn more first.

I’m not interested in BRRRRs as of yet, just flips.

Hello BiggerPockets community!

I DO NOT OWN A COMPANY. THIS IS NOT AN ADVERTISEMENT FOR A COMPANY. I’M NOT SURE WHY MY EMAIL ADDRESS HAS BEEN PROVIDED. THIS IS ABOUT ME, MY EXPERIENCES AND MY GOALS. I AM NOT REQUESTING FOR PEOPLE TO GET IN TOUCH WITH ME.

My name is Mike and I have a lot of valuable experience. How can I help someone?

I have 5 years of home improvement experience (from 2003-2008). I have also owned 2 construction companies (a residential flooring company in 2007 and a residential general contracting company in 2013). Half of my family is in construction. I have an uncle who has over 35 years of carpentry experience and an uncle who has over 10 years of residential general contracting experience (currently lives in Florida, though).

I have a Bachelor’s degree in Business Administration with a concentration in Project Management and I graduated in the top 10% of my class.

I have 7+ years of business management/finance experience working in supply chain roles.

I decided last summer that I wanted to learn about flipping houses. I read 17 books related to flipping houses. I completed 3 courses related to flipping houses. I listened to close to 150 BiggerPockets podcast episodes (only the ones related to flipping houses). I went through all of the free stuff on this website. Since March, I’ve been reading the questions/answers on the forum related to flipping and I’ve been taking notes.

I’ve been analyzing 3 “deals” a day on Zillow and Redfin. So far, I’ve analyzed over 50. I plan to analyze at least 100.

I also plan to memorize J Scott's The Book On Estimating Rehab Costs. I plan to go to Lowes/Home Depot/other suppliers to get a good feel for current material prices. I also plan to get an idea of current labor prices.

Here’s where I’m looking to find out my next move. I currently can dedicate $500 per month towards marketing. My goal was to go Driving For Dollars and get a list of 400 vacant/distressed properties. I was going to mail them every month for a year. This is where I’m stuck. There aren’t any in-person real estate Meetups in my area. I don’t want this to hold up my progress. So, I decided to ask a question as a BiggerPockets member.

All I’m looking for is someone that I can feed analyzed “deals” or leads to for free in exchange for being able to walk the property while it’s in rehabbed condition and under contract (taking a cue from J Scott’s The Book On Flipping Houses).

If the above paragraph doesn’t seem doable, then could I ask: “How can I help someone?” Do you see any value that I could provide someone?

How can I find someone that meets this criteria?