All Forum Posts by: Robert Rayford

Great to know, thanks guys

@Jason Kori, it sounds like your first flip was in Springfield Dis. How was the planning and zoning board ? Did you have to jump through hoops to get this done or did you squeak by? 

  @Diane G.. What @Jay Hinrichs and I are referring to is properties that can bought at discount which can be rehabbed, and resold for a satisfactory ROI. Just running a spread on the MLS you are not weeding out the newly rehabbed, extremely distressed (tear downs), over priced and so on. Must compared apple to apples. @Jason E.  has stated above he is interested in flipping properties in Vegas. Although there are some properties listed on the MLS that will produce a return for a flipper, most are listed to high and to deteriorated to turn a decent return.     

thanks for the help @Pratik P.

@Andy Thao. It's Feb 7th in Roseville. Go on the meetup.com website and look it up

@Andy Thao, From what I understand there is a up coming RE Investors meet up next week or so in your area. This is where you will find the resources to help you navigate through the process. I will check and see if I can find the exact time for you.

@Paul Amegatcher, I'm actually looking for the wholesalers with a pipeline that will offer even more deals to pick up. My plan of action is to buy as many properties as possible before the market tops in the areas I operate in. Timing is everything in the next 18 months, with the current rise of values and the inventories shrinking as more and more investors enter the market. Most new home builders are not building entry level homes this also adds to the inventory depletion in my areas. I have also noticed that the buy and hold investors are smarting up and are turning away from the turn-key market, they are finding additional buying power and leverage by becoming part time clip-board rehabbers. I have thought about selling off my properties that are in waiting but that would be counter productive. It's best to offer equity buy-in's (notes) to the sideline investors whom would like to have their money working in the R.E markets.  Thanks for the vote and your reply.  How's the market doing there in Ohio, I've been looking at Cleveland for the past 1yr but haven't made a move yet.

That sounds great until you start adding in a the coaching cost. lol

@Justin S. It just so happens that I have a first position note available in your price range if you are interested. This would be short term investment of 2-3mos with a flat fee return of 8%. If you or anyone else has interest. Just reach out to me via PM .

Thanks for all the PM responses!