All Forum Posts by: Robert C.

thanks

great idea . Thank you

reverse engineer. I like that. Thank you and everyone.

What do you mean by turnkey?

I'm speaking from a wholesaling perspective. Why specifically do you say Nj is difficult? And can you elaborate on your 10%. Can you paint a picture for me. I'm a newbie. Thanks Rob.

Hi all,

I assume that every investor has a different idea of what constitutes a good deal. Maybe some want a very large profit margin? Maybe some only need a certain percentage? How do I know what an investor wants so I can structure my search for deals accordingly. Thanks, Rob

Good day,

Are wholesale deals always rehabs or can you find a perfectly good house at a discount?

Hello,

I live in the suberbs of Nj. There is a mix of price ranges in my town. They range from 5 figures all the way up to 7 figures depending on where you're at. What areas usually offer the most deals. Should I be placing my bandit signs all around town or should I target them in the more run-down areas? Thank you. Rob

Good day all,

I see a lot of people using basic formulas to evaluate a deal. Example: ARV*.65%-repairs-fee. However, it seems more complicated than this. What is the investor going to be thinking when they see the house? What formula will they use. Will they include holdings costs, closing costs, and so on and so forth? Please be as specific as possible to the individual who doesn't yet know all the in between details. Thanks in advance. Rob

Thanks all. There are clearly so many variables to take into account to determine if this is a good deal. Please share how you would evaluate this deal specifically, if you were me, step by step.