All Forum Posts by: Account Closed
Account Closed has started 10 posts and replied 30 times.
Post: Real Estate lawyer in Philly
- Brooklyn, NY
- Posts 32
- Votes 2
hey, would you know a good and inexpensive real estate lawyer who could record a mortgage in Philly? thank you all in advance
Post: Can't sell my flip
- Brooklyn, NY
- Posts 32
- Votes 2
Originally posted by @Andrew Cordle:
Hey, here are some of my thoughts...
When I list flips (over 100 this year) I am watching a few things:
1. If I list a flip and do not get several showings within 2 weeks then I can assume that the house is over priced. Buyers do NOT show up for houses that are over priced no matter whats inside them.
2. If I list a house and get several showings but no offers then I can assume that it is something at or about the house. So I will begin to make changes. If people are showing up to the house it is priced right but there is something at the house that is saying don't buy this house.
Also keep in mind when flipping there are three things that sale houses:
1. PRICE
2. PRODUCT
3. PRESENTATION
You must focus on those three things when you are working on your outcome or sales.
If you have any questions please let me know I am more than happy to help you in any way. Again flipping is my game I have done literally 100's of them. I bought over 1 million dollars this week alone in new flips.
Good Luck!
Andrew
thank you so much, what specifically would you recommend i should change/add ?
Post: Can't sell my flip
- Brooklyn, NY
- Posts 32
- Votes 2
Originally posted by @Joel Owens:
That might not be as appealing to you given you have almost 100k or more into this property currently. Even if you get 10k down you have 80k plus in cash trapped with purchase and rehab.
Maybe FSBO it for 95k and try to break even and take your trapped money to a better deal where you can actually make a profit.
hey, thank you so much. what's FSBO?
why wouldn't you like if i just rent it out?
Post: Philadelphia - recommendations for inspector, property management companies, and contractors
- Brooklyn, NY
- Posts 32
- Votes 2
how can one make sure the seller fixed all the issues raised by the inspector?
Post: Can't sell my flip
- Brooklyn, NY
- Posts 32
- Votes 2
yes, pretty much we had to basically tear it down and rebuild it apprx $60k was invested
Post: Can't sell my flip
- Brooklyn, NY
- Posts 32
- Votes 2
Originally posted by @Rafael Floresta:
It looks like you have some good comps in the area.
http://www.redfin.com/PA/Philadelphia/2008-66th-Ave-19138/home/38290769
http://www.redfin.com/PA/Philadelphia/6453-N-Sydenham-St-19126/home/38440039
http://www.redfin.com/PA/Philadelphia/6526-N-Lambert-St-19138/home/38276925
How much can you rent it?
hi, i am just wondering is there any reason why you specifically chose redfin ?
Hi, is there a way to check if the seller fixed all the issues rised and recorded by an inspector ?
Post: Can't sell my flip
- Brooklyn, NY
- Posts 32
- Votes 2
>$1000
Post: My First Flip !!
- Brooklyn, NY
- Posts 32
- Votes 2
whats ARV ?
Post: Can't sell my flip
- Brooklyn, NY
- Posts 32
- Votes 2
Originally posted by @Rafael Floresta:
http://www.zillow.com/homedetails/6500-Limekiln-Pike-Philadelphia-PA-19138/10219695_zpid/