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All Forum Posts by: Rahul Sunkavalli

Rahul Sunkavalli has started 10 posts and replied 39 times.

@Patrick Garrett

Coming today, see you there.

Perfect, I look forward to meeting folks tommorrow then.

Rahul

Hi Matt, I would like to attend. I am in the area this week and not normally from Texas. Is there parking at the event?

Thanks in Advance!

Rahul

Post: Pursuing First Fix & Flip

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6

Definitely will share. I am primarily looking for small multi-family properties for buy and hold myself.

Post: Pursuing First Fix & Flip

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6

@Wes Johnson

Thanks for sharing the insight and good to know where that part of the market stand now.

Post: Pursuing First Fix & Flip

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6
Originally posted by @Wes Johnson:

@Rahul Sunkavalli

Because the banks can be a nightmare to deal with and I used to be a loss mitigation (REO) specialist for Chase so I know. They literally can take months to even hear back on whether your offer is accepted so most investors are not really dealing with REO's right now.

 Thanks for sharing Wes. As a side note, would you say your time working as a loss mitigation specialist has helped build a network of folks who can provide leads on motivated banks looking to sell quickly?

Post: Pursuing First Fix & Flip

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6

@Kuba F.

It is not a great school district but a good commuter area with a lot of shops, restaurants, etc right around it. Neighborhood seems like hard working middle class folks and nothing that seemed alarming.

Post: Pursuing First Fix & Flip

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6

Found a REO property that has been sitting around for 120 days and in need of some lite rehab (25k) from walking through it. It is in an area where I would have thought it would have been flipped aready so I am not sure if I am missing something here.

Any thoughts why a REO, priced about 65k lower than expected ARV to start, is not selling?


Thanks!

Post: Day Job? If so, how do you balance?

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6

Thanks all for your thoughts and feedback. Quite a few things here that I will take back and action on starting today! I have started listening to more podcasts during flights and reading books while waiting at the airport. One of my big goals is to be more active on here to learn from folks and attending local meetups.

Post: Day Job? If so, how do you balance?

Rahul SunkavalliPosted
  • Investor
  • Franklin Park, NJ
  • Posts 44
  • Votes 6

Thanks for your feedback Aaron. I was thinking if I did switch, it would be to asset management/investment management within a bank tied to real estate.