All Forum Posts by: Shane Dreffs

 @Jaycee Greene Thank you, we are doing a mix of both cash and debt.

 Hi @Katie Southard, we have done basic facelifts to full gut rehab, and new builds. We like to find distressed properties at a great discount, this allows us to replace most of the major items (roof, water heater, HVAC, and sometimes electrical / plumbing). This helps us reduce capital expenses when we hold as rentals and also provides warranties and reassurance to home buyers for a flip. For any issues or defects we control that by the above-mentioned replacement of major items, and I also use licensed contractors and ensure they meet or exceed code requirements and all inspections (not cutting any corners). I also like to spend time up front during the due diligence period to uncover issues or determine the condition of the property. I also like to follow a very systematic approach up front developing schematics / floor plan for all trades to follow and to make sure ever trade is scheduled in the most efficient order. (windows before drywall, cabinets before flooring, etc.). And since there will always be something hiding or a surprise we factor in a cushion for those items into the budget when making an offer. We also make sure we have solid written legal contracts, scope of work and correct insurances in place. I would love to discuss more details with you if you are interested!

@Elias Halvorson, I only rehab my own properties, but I would be willing to partner with him on some properties if he would be open to discussing.

205-913-7997

Hi @Jaycee Greene, cash-on-cash return.

I have BRRRR and flip opportunities in the Birmingham area.

Hello,

I live and invest in Alabama, and I am looking for a serious partner that what's to invest in this area and make a great return on their money (10%-15%). I am experienced in finding, buying and rehabbing distressed properties. I am a licensed GC, I have contacts in the area, and I want to grow my portfolio for cash flow and appreciation. I am looking for someone that has capital resources and wants to make a great return on their money. I will be the boots on the ground and handle all of the rehab process, I am looking for someone that wants to invest passively. Please contact me if you're interested, I can provide all details on my experience and credentials. Thank you!

Hello Meir,

I live and invest in Birmingham area, please DM to connect!

Hi Han,

I live and invest in Birmingham area, please DM to connect!

Hi Roberto, I'm an investor in Alabama and live a little north on Montgomery (45 minutes). I would like to connect with you and share knowledge. 

I would be interested, are you currently working on mobile home park deals?

 Jay, robots are cool, and I still consult / program but I really enjoy real estate! I also love taking something run down and bringing back to life. I really enjoy drawing up house plans or taking an older home and re-designing and making better use of the space. I like that there are many options and different investment strategies with real estate and less stressful than robotic and automation.