Please come back and show us the property when it is all done! Also curious as to what you are doing with the barn? I am assuming it is going to remain an equestrian property? What about the pastures, paddocks, etc? Fun video! Love the MCM fireplace too.
That’s a great pp for that size!! That’s amazing! I’m getting deals that pp is 360, 140k rehab and saw shooting for 675k. My comp is my last flip sold for 625 but 300sq ft smaller. Rehab time 4 months.
Very informal video. Awesome to see the knowledge you have accumulated on design and costs. Looking forward to learning that information. Thanks for taking the time of the video and sharing for others. Blessings
Thank you so much!! Thank you thank you, you cleared up a few things w just this video, definitely subscribing😣 It’s so scary to think about WHAT YOURE GETTING INTO but thanks to people like you we get the courage to risk it for the biscuit😭😭🫶🏼 I’m gonna flip houses guys, mark my work ima be financially stable once I get rolling, FLIPP VIDEOSS COMING SOON❤️🙏🏽
Holly smokes, James you are amazing. You really, know your stuff. I love how focused and poised you were throughout the entire video. You new exactly what to do and how to accomplish it very quickly. Amazing seeing you at your head game. You are a pro.
Any wholesalers out there that are having trouble finding buyers, I may have a solution for you! Let me know you're interested and I can tell you more!!
Phenomenal video. Can i just ask, doesn't the wholesaler friendly title company ensure that title is clean and that u as the cash buyer don't have to worry about that?
Amazing site. You ever run into any issues or additionally account for wetland designation or other ECA zones when analyzing or implementing projects like this?
Great video. As a wholesaler how does the wholesaler protect himself? Does he buy the property and than get the deed than seek to you? Or does he just make a deal with the seller that you buy from the seller than pay the wholesaler separately?
Basically the wholesaler acts like he is buying the house and gets it under contract. He then looks for a buyer and a buyer will “buy” the contract from him in a sense. The new buyer goes through with the contract on the house and the wholesaler gets his assignment fee which in this case was over 100k
@marcospags7941 How are you since your last post? Did you get your questions answered? I can be a resource for you or even funds your transactions if you need it. Feel free to reach out using this account !
Excellent Video James! Love watching your CZcams videos and hearing from you on "On the Market". Is there anyway that you can share a link to the estimated profit calculator that you use?
@@ProjectRE thank you for the reply. I was not sure if you used a service. Based on your reply, it seems you're using public data for this? I was not sure if non disclosure states offered this info as well so I thought I would ask. Thanks again for taking the time to respond.
James, this was incredibly informative. Thanks for sharing this. Where did the $486,000 Net Profit come from? The bottom of your Flip Pro Forma stated a Net Profit of $648,250. Was there debt service subtracted out?
Hey @robertbuscaglia7119 Did you get the help you're needing? I would love to help you in any way I can including funding your transactions if you need it. Reach out anytime!
You shouldn't be asking that question after you already purchased the properties. Smh But yea its seems you got lucky and you are potentially not gonna lose any money.
@@JuancoPRoFlow LOL so this is a public space, and I asked a question, shame??? LOL why???? You think is lucky??? Well let me tell you, look like I'm very lucky then, cause I haven't pay more then 200k any of my 4 plexes. What? You don't like that?
Wow I like this guy. You can tell he knows his stuff
Appreciate that!
I hope you all enjoy this episode!! 💪 It was such a blast filming this one!
PLEASE tell me you plan on doing an update episode! Can't wait to see how this turns out! What a cool property.
Can’t wait to see updates on this project!
They need to do more like this!!! ASAP!!
Thanks for showing a more matured business's look at property!
Absolutely! Lots of insights taken away from this video!
Practical tips are so rare these days. This was great 🙌
Agreed. happy to find this video
Thank you! Means a lot 💪
Please come back and show us the property when it is all done! Also curious as to what you are doing with the barn? I am assuming it is going to remain an equestrian property? What about the pastures, paddocks, etc? Fun video! Love the MCM fireplace too.
Will do!
This is an amazing video. I looked for a no bul straightforward thorough explanation of someone trustworthy process. Thanks for the info.
That’s a great pp for that size!! That’s amazing! I’m getting deals that pp is 360, 140k rehab and saw shooting for 675k. My comp is my last flip sold for 625 but 300sq ft smaller. Rehab time 4 months.
Nice breakdown and step by step description. Thank you
My pleasure! Thanks for watching 😇
Fantastic breakdown
🙏🙏
Great video! Would love an update on this project (not sure if one was posted already).
Such an informative video!! Please keep us posted with updates!
Thank you!
love it man just followed🙌
Thanks mike!
Dan, your explanation on investment property’s is very good.
My brother is Danny but thanks! 😛
I love this series. I hope he returns to bigger pockets. This is so educational.
Thank you so much! Appreciate it a lot 🙏🙏🙏
Same I'm going to watch all the series now!
@@DisruptorsPodcast 👊👊
Very informal video. Awesome to see the knowledge you have accumulated on design and costs. Looking forward to learning that information. Thanks for taking the time of the video and sharing for others. Blessings
My pleasure Kevin!! This was all made possible by our amazing film/REI team 🙏 Stay tuned for more educational content!
Great information shared!!
Thank you!!! 🙌
Nice work 🎆
🤑🤑
Awesome quick analysis. Thanks.
Thanks for watching! 👊
Like this guys breakdown he knows his stuff
This is so helpful, great video, thank you!
Thank you so much Lionel! 💪💪
Very helpful!!
Thank you so much!! Thank you thank you, you cleared up a few things w just this video, definitely subscribing😣 It’s so scary to think about WHAT YOURE GETTING INTO but thanks to people like you we get the courage to risk it for the biscuit😭😭🫶🏼 I’m gonna flip houses guys, mark my work ima be financially stable once I get rolling, FLIPP VIDEOSS COMING SOON❤️🙏🏽
Nice job James! Good luck with this one
Appreciate it Bryan!
Super well done Jimmy
Thanks Elliot!
Thank you for sharing the information. I like your underwriting spreadsheet. Where can I get a similar one? Thank you
We will be offering it soon!
Awesome info!!! Definitely do a follow-up once it's done.
Will post it on project re! Stay tuned!
Thanks! Great walk through of the process! I would like to see more like this.
Thanks nick!
Do you have a video of the completed reno?
This was very helpful, thanks for this!!! 🔥🔥🔥
Thanks Al! Stay tuned for more content 😇
Holly smokes, James you are amazing. You really, know your stuff. I love how focused and poised you were throughout the entire video. You new exactly what to do and how to accomplish it very quickly. Amazing seeing you at your head game. You are a pro.
Thanks David! I really appreciate it!
Any wholesalers out there that are having trouble finding buyers, I may have a solution for you! Let me know you're interested and I can tell you more!!
Yup - call me 😜
I could see the pain when you said the wholesalers was getting 150k 😂
🤣😅 The deal was amazing and b/c we had to close in a 5 day period the rates made sense, so it was all fair at the end of the day!
Thank you for doing this video. Mr. D provided details and a lot of gold nuggets. ❤❤
Phenomenal video. Can i just ask, doesn't the wholesaler friendly title company ensure that title is clean and that u as the cash buyer don't have to worry about that?
Yep, title company handles all that
Amazing site. You ever run into any issues or additionally account for wetland designation or other ECA zones when analyzing or implementing projects like this?
Yes! Complete nightmares and long permits…
Great video. As a wholesaler how does the wholesaler protect himself? Does he buy the property and than get the deed than seek to you? Or does he just make a deal with the seller that you buy from the seller than pay the wholesaler separately?
They did their project and or assigns and assigned it over to us.
Basically the wholesaler acts like he is buying the house and gets it under contract. He then looks for a buyer and a buyer will “buy” the contract from him in a sense. The new buyer goes through with the contract on the house and the wholesaler gets his assignment fee which in this case was over 100k
@marcospags7941 How are you since your last post? Did you get your questions answered? I can be a resource for you or even funds your transactions if you need it. Feel free to reach out using this account !
That carpeted tub
🤣🤣 It had it's run
I love sunken floors, which is probably why I don't get to make design decisions.
Im sure your taste is superb though 🤌
Where can i get a copy of that Flip calculator spreadsheet?
Yes! Follow me on IG and send a message with your contact and I’ll send.
James is my new favorite CZcamsr
Excellent Video James! Love watching your CZcams videos and hearing from you on "On the Market". Is there anyway that you can share a link to the estimated profit calculator that you use?
Thank you!
Where do we get tax records do we have to walk into city records for this or is there a website or App anyone recommends to do this?
Amazing! Thank you 🙏🏻
Thanks 😊
How do you pull the tax record? Can you do this in a non disclosure state? How much does it cost?
That is unsure of… public sites not available?
@@ProjectRE thank you for the reply. I was not sure if you used a service. Based on your reply, it seems you're using public data for this? I was not sure if non disclosure states offered this info as well so I thought I would ask. Thanks again for taking the time to respond.
James, this was incredibly informative. Thanks for sharing this. Where did the $486,000 Net Profit come from? The bottom of your Flip Pro Forma stated a Net Profit of $648,250. Was there debt service subtracted out?
Hey @robertbuscaglia7119 Did you get the help you're needing? I would love to help you in any way I can including funding your transactions if you need it. Reach out anytime!
What software are you using to punch in your numbers?
Its hard to not want to start wholesaling after watching all of this 😂
Super!
this guys loan fees/mtg rate are through the roof
All comes into play, when you have a really good deal and they require you to close in a 5 day period the rates work!
You won’t find this type of deal in this market now
We just closed on this one! Deals are there if you work with the right team!
Well I closed on 2 buildings with 4 units on July 2021 for 400k both, I can sell them for 325k each by now. So is that a deal?!?!?!?
@ßIGGÆR𝙿0𝚁𝙺𝙴𝚁𝚂☆☆ did you read my comment? I'm an investor. Why should I ask you how to start????!!!????
Hey Eduardo! Is there a reason the values dropped?
@@ProjectRE so I bought 2 buildings 4 units each for 400k, right now I can sell 325k each where it drop?????
You shouldn't be asking that question after you already purchased the properties. Smh
But yea its seems you got lucky and you are potentially not gonna lose any money.
@@JuancoPRoFlow LOL so this is a public space, and I asked a question, shame??? LOL why???? You think is lucky??? Well let me tell you, look like I'm very lucky then, cause I haven't pay more then 200k any of my 4 plexes. What? You don't like that?
Whenever I see this guy I know I’m going to learn something. Hope we can connect one day at a BP event!
Thanks David!
Where can i get that flip calculator?
Check out our you tube channel for all that info!
Amazing ✊🏽 🙊👊🏽
Thank you!! ❤️
Got lots of value from this video 😊
Thanks!
I must not be a good investor. I'd be totally happy with that house as is, with a few updates.
It was a great house, but to maximize the value it needed a full once over and update
That wholesaler made 150k !!!!
Crushed it!
How to bleach out a houses' personality to look like an instagram orgasm.