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Answers (2)
- FriendshipProperties
- Contributions:783
The key formula investors use is ARV * 70% - Repairs. Repairs should be labor + materials NOT just materials even if your doing the work. The life-line of the business is getting properties under contract at this price and either flipping the contract to another investor, fix + flip or fix + hold.
- Nancy Lee, "An OrderLee Home"
- Contributions:1195
Run some internet searches to find RE Investors groups/associations in the target location. Make contacts, attend meetings if possible. Choose a group that focuses on communication and education. Join and get involved (establish yourself). You will make plenty of contacts AND learn more about the investment market in your target area.
what are the steps in forming a business with possible investors on buying and fixing homes
investors and how do you fine the right candidates on buying and fixing
Homes. i would love to move to Florida one day and do all of this,
if its at all possible.
I am master carpenter with over 15 years experience and i am working on my
real estate licence. i did past the school exam and the state exam and now
looking forward on teaming up with a Realtor. my real dream is one day
useing my god giving talent in buying and fixing a home which
someone will love and appreciate the talent giving to me.
ANTHONY FERRARO BAY VILLE N.Y. email me any question at
bellasapparel@gmail.com thank you for taking your time to read my dreams and talents.
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