All Forum Posts by: Robert Obniski

@Robert Obniski

Glad to see your having a lot of success based on industry standards! I'm just getting licensed now as a real estate agent so one of my questions for any/all of you as investors... What do you look for most in an agent? What are the most important things you consider when buying that property?

Nathan

@Robert Obniskigreat job. I am still working on determining where should i start with & your blog really inspires me. I would ideally love to get hand on some properties that require little cosmetic changes and flip it quickly - just the way u did. 

I see that MLS is the way you took to review your properties, is that correct?

I am a bit curious though, unfortunately, i am not as handy as you are (your pictures look amazing) - what would your profits be in case you used handyman/ contractor for the job? and also noted that you did not mention about any carrying costs - am guessing because they are insignificant in the larger scheme of things? 

Nevertheless, Congratulations and hope to meet you in one of the local meetups.  

This is inspiring! I'm just getting started fresh out of college. How did you go about finding investors?

As a former Chicagoan who grew up in the NW suburbs and loved the city too but hated the weather I just wanted to congratulate you on your eye for design. I am a former architect, former house investor and currently a vacant land flipper but the way you finished out those two projects looks really impressive. You've got some talent there you shouldn't overlook that I'm sure contributed to you selling both of those projects. Keep at it.

@Robert Obniski Congrats on making it happen! It's always great to see others out there just starting out and doing well. As a beginner, these stories are very encouraging to me. Thanks for sharing!

@Robert Obniski

Love the post and the finished product looks amazing. I am also a fellow Chicagoan. I wondering if you would be interested in receiving assistance (paperwork, phone calls, managing, etc). 

I am looking to get involved in Flipping and I do not mind partaking in free labor to achieve some of my personal goals. I have led in flipping two properties before as well. 

Again, great post! 

DB from Chicago

Congrats! I grew up in Naperville. My parents are looking to sell a turnkey investment property in Naperville (already leased and no rehab though)... 

I was wondering how you found your contractors? Did you run your crews full time when you were rehabbing both? 

Great job @Robert Obniski.

I know how you feel about the 2nd flip and whether you think the $8k was worth the time you put in. The way I would look at is that you got 50% of something instead of 100% of nothing. It was a great way to leverage private money so that you could get a 2nd one started (even if just the paperwork) while you used your own money on the first. I'm in a similar situation where as I'm making multiple offers during the same period of time and that means I will have to use some sort of HML for one if I end up getting two that overlap.

Also, keep posting your success stories. It is motivating to the rest of us, as others have already said. 

 Definitely, I'm not sure if you're familiar with tax sales in Dupage county but I have partners who have benefited greatly from properties with tax liens. I know I'll be acquiring this year's scavenger list.

Great job on your first flips. Earning a profit, and amassing a ton of knowledge and hands on experience (which is invaluable) sounds like a win in my book. How do you go about finding properties? Are you mostly sticking to the MLS?