All Forum Posts by: Wyatt Wolff

Verify everything the sellers have said is correct. Pull records and permits from the city/county. 

Scope the septic/ infrastructure. 

Write in the contract to cover damage before close. 

Every city has problems. Some misspell things. Some lose paperwork. Some dispatch sheriffs to shoot your dog. Lets hope its the former. 

Run your numbers, talk them through with someone you trust in person, and then rock on 

Hey y'all, 

What kind of value do you like to see your LO's add? Im not talking about loan product knowledge or non QM programs, I mean above and beyond all that? 

Follow up on past database clients? Sign in sheets and 24 hour pre approvals for open houses? 

Whatcha got? Help me, help you! 

I would say either do it yourself if you can systematize well, or hire it out. 70 hours a week is no joke. Odds are, you would come out ahead by paying to have it managed and just continuing to work. 

That said, @Lorien Rollins has hers nailed down with minimal time input/wk 

Welcome! I am in the Charlotte area and am very guilty of adding too many properties to the wishlist haha 

Shot you a PM!

Hey Brian, shooting you a PM 

What part of NC? I am in charlotte and if you are around here, there are definitely no shortage of flippers that we can get you introduced to. 

I think the better question is, where do you have a disproportionate advantage. 

Good luck! 

Right but also... do you want to have a bunch of boring LTRs, or do you want to own a frat house and be able to tell your grandkids about it? I know which one makes for a cooler story in my 70's. 

But in all honesty, if you have connections and are confident, and have done your underwriting, and are in a strong position, why not? 

1/ Someone out there does is and crushes

2/ There is risk to anything you do, its about risk tolerance 

3/ In a world of 200$/mo cashflowing SF rentals, be the Project X house. The eyeballs and story alone are worth a lot, if you can tell a good story and are looking to grow. 

4/ BUT, Some guy is gonna have a great time getting you insurance lol.