All Forum Posts by: Tim Walker

I think Brent Daniel's TTP program is great for all wholesaling resources. In terms of marketing, I just think honesty is the best policy. Let the owner/listing agent know you are a wholesaler and that you intend to assign the contract to one of your investors. Get permission from the owner/listing agent in writing to see if they will let you market the property to your investor list. 

Some will say no and that's fine. Move on from those deals as there is plenty of opportunity for all. Hope this helps and keep me posted as your wholesaling journey goes! My team is growing and and we are constantly looking to partner with other good folks to buy and sell. Cheers!

Thank you both! 

I am looking for a camera system on one of my Flips that will send video clips to my phone so I can see when people are coming and going. I use blink service on my personal home but it requires WiFi to link to my phone. Any suggestions and prices are appreciated. Thanks! Tim

Hi All, I know I'm late to the party but recently googled Flip Profit vs Rental Property to analyze whether I should flip my latest remodel vs rent it out and this thread popped up and your insight has been great thus far. 

Essentially I am trying to evaluate the ROI of a flip vs the ROI of renting out that remodel and finding out what the breakeven point is using the following projected metrics:

FLIP:

Equity in: $100K

Flip Profit: $50K

Flip ROI: 50%

vs.

RENTAL:

Equity in: $100K

Rental Profit (annual): $12,000

Rental ROI: 12%

Or is the answer here a combo of both? Aka the BRRRR method to recover capital and still cash flow (as well as take advantage of taxes)?

Thanks all in advance! 

Good morning, I recently completed my last flip and I am kicking the tires whether I should just sell it or keep it as an Airbnb until I hit my year mark and 1031 it or pay long term cap gains instead of short term if I sell it then. The house is a fully remodeled 5 bed, 2 bath at 72nd and Pecos in Adams County so I’m wondering if anyone here has experience with Airbnb in this area of Denver, what you are grossing monthly on average and if there are any Adams County rules that restrict Airbnb of non-primary residences (like city of Denver does). Thanks in advance! Tim

Hey Bryce, what is your company name? How many deals have you done YTD and what is your goal? Always happy to network with good wholesalers. Thanks!