All Forum Posts by: Mike Oconnell
Mike Oconnell has started 12 posts and replied 85 times.
Post: Fix & Flip - Henrico VA
- Investor
- Richmond, VA
- Posts 88
- Votes 22
Great work!
Post: Looking for Property Manger referrals in Richmond VA
- Investor
- Richmond, VA
- Posts 88
- Votes 22
Hi Eric - I like BHHS PenFed Realty in Richmond. Let me know if you would like contact info.
Post: Small industrial-focused Lenders in Richmond, VA?
- Investor
- Richmond, VA
- Posts 88
- Votes 22
I'll PM you.
Post: Hard Money Loans vs Private Investors
- Investor
- Richmond, VA
- Posts 88
- Votes 22
Quote from @Account Closed:
We are a construction/flipping company on the east coast Virginia area. (Currently averaging 40-50 deals a year). I know, everyone says that they are flipping that many a year, however for the sake of the question let's assume we really are doing that number to be able to gauge the amount of capital needed. I am curious if anyone has any experience who started flipping using hard money and then moved into private money. I hear a lot it comes down to track record, experience and other items. Where did you find investors past Hard Money Lenders once you established those items listed? Thank you for your time.
Jason
With a good track record of that many deals, you should have no problem at all attracting private money lenders for your upcoming deals. I do a fair amount of private lending and most of the flippers I work with, I met at REIA type meetups, so I would suggenst you attend as many of those meetings as possible. Tell everybody what you do and built good relationships with good PMLs. Both you and the PML will benefit. Check references and ask other flippers who they use for thier private money. Reach out anytime if there is anything I can do to help and good luck!
Post: HARD MONEY LENDERS - What is your vetting process?
- Investor
- Richmond, VA
- Posts 88
- Votes 22
If you are looking for hard money lenders, look for as many online reviews as possible as these are typically established businesses. If you are looking for private lenders, get as many personal references as possible as these are usually individuals.
Post: Networking to hike Fix and Flip Team
- Investor
- Richmond, VA
- Posts 88
- Votes 22
Hi Grant,
I can help with Title company, Real Estate Lawyer, and private money recommendations. Get in touch anytime.
Post: Promoting properties in Bigger Pockets
- Investor
- Richmond, VA
- Posts 88
- Votes 22
Hapy to help out in any way I can. Get in touch at your convenience.
Post: Wholesalers & Agents in Richmond, VA
- Investor
- Richmond, VA
- Posts 88
- Votes 22
Let me know if you want to meet up sometime to talk RE.
Post: Richmond,Va Sub-forum
- Investor
- Richmond, VA
- Posts 88
- Votes 22
@Anthony Johnson contact Janet and she'll email you the tax delinquent list every Monday morning.
Janet C. Woody, Treasury Collections Officer, County of Henrico
Post: looking for investor friendly realtor
- Investor
- Richmond, VA
- Posts 88
- Votes 22
@Alan Dang - Happy to help. Get in touch anytime.