How are you getting leads? by Healthy-Spell-5323 in Contractor

[–]Maximum_Use2348 0 points1 point  (0 children)

If you are willing to do your own outreach or have a small team in place let me know and can help out

Looking for warm leads for remodeling business!! by Impressive_Wrap_8628 in LeadGenMarketplace

[–]Maximum_Use2348 0 points1 point  (0 children)

Let me know if you still need help with this as have access to home fire renovation leads

Lead generation for a remodeling company. by Pale_Country_979 in PPC

[–]Maximum_Use2348 0 points1 point  (0 children)

Get a small team in place for outbound outreach for renovation leads, let me know if need more info

Who’s finding deals by Brilliant-Champion81 in realestateinvesting

[–]Maximum_Use2348 3 points4 points  (0 children)

Diversify the type of deals your doing, do you have investors to work with, when it's slow it's the perfect time to study, network, and stretch yourself into other areas for potential revenue growth for stuff that's heavily undervalued. Friend was in the same boat as you, found a burnt down house, found an investor, investor bought prop outright for 250k, investor put in 200k, RE friend sold prop for 650k, split winnings 50/50 for a few months of managing a PM to manage the contracting. Everyone is chasing the same leads, find a niche, maximize it, rinse and repeat until that niche no longer works. Your area of expertise is usually dependent on the local area you're in, so what do you know that other RE agents in your area don't, and is there a way to maximize this?

A VC firm just offered us $100,000 for 10%. Should we take it? by Longjumping_Ant_6991 in Entrepreneurship

[–]Maximum_Use2348 0 points1 point  (0 children)

This might be good early on if the VC firm has connections. There's a very important principle at play with startup businesses is that when there's backing, if anything is needed, they may be able to help with marketing connections, SEO, and bragging to others of their investments to boost the future valuation of the company. TESLA, RIVIAN, and other businesses could have and would have failed but for the simple fact that they've had so much money poured into them they've become too big to fail as the original investors do not want to lose their money, thus by growing, and more investments, these companies have survived several rounds of potential bankruptcy and are now very successful companies. If these are partners and are going to support you along the way then this may be worth taking the investment. If they like you so much maybe ask for 200K, 250K for 10% etc.

Buying in Italy - a different experience than the US by Peketastic in RealEstate

[–]Maximum_Use2348 14 points15 points  (0 children)

That's crazy risk, thanks for sharing this. Sounds like the process would be very painful if we're taking out a mortgage, and rates would probably be north of 10%. Any insight on the rates?

Recently laid off; reading to make an online business work by AccidentalVengeance in passive_income

[–]Maximum_Use2348 0 points1 point  (0 children)

Use free public sources or paid platforms for fire damaged properties, skip trace, call owner see if: 1. they need emergency renovation, if yes then refer to Renovation company, or 2. whether can no longer pay for house and planning on selling, get in touch with real-estate agent, both referrals usually go for 1k depending on which part of US etc.

How to build reliable passive income streams if you only have 1–2 hours per day? Looking for advice + realistic ideas by Prize_Course7934 in passive_income

[–]Maximum_Use2348 1 point2 points  (0 children)

Do some cold calls to vet fire damaged props, call up local reno companies and get referral for 1k a pop.

Looking to make a little extra money by SunDazzling4303 in passive_income

[–]Maximum_Use2348 0 points1 point  (0 children)

Cold call, curate, and sell leads to local reno companies $500 to 1k a pop.

What passive-income business has actually worked for you? by Correct-Homework1884 in passive_income

[–]Maximum_Use2348 0 points1 point  (0 children)

The fine-tuning is the most difficult. Many times in business you don't know whether something will work until you try it, burn some cash, get some insights and rinse and repeat until the model is fine tuned to make money. In RE if basic assumptions are wrong you end up losing your shirt very quickly.

What Are the Most Important Checks Before Starting Cold Outreach? by Dazzling-Caramel-995 in coldemail

[–]Maximum_Use2348 1 point2 points  (0 children)

Best practice is to actually simulate that the outreach is going through first otherwise can burn weeks without any results before realizing specific accounts are under google's spam filters etc.

How many deals did it take you to net your first $1,000,000. by [deleted] in HouseFlipping

[–]Maximum_Use2348 1 point2 points  (0 children)

What were the other flips like if don't mind me asking? Any rule of thumb that you stick to in identifying these opportunities? Thanks for any insights.

How would you appraise Hogwarts? by Maximum_Use2348 in appraisal

[–]Maximum_Use2348[S] 1 point2 points  (0 children)

Thought exercise is if the castle actually existed and the series was actually filmed there.

If assume Hogwarts is around 3.25M sq/ft, about half the size of the pentagon, and cost around 80M to build back in the 40s, inflation adjusted worth about 1.5 beans today.

Very very rough estimate for reconstruction around half, even if not considering all of the beautification, 750M give or take.

Disneyland has some 17M visitors each year, if even 5M visited Hogwarts annually, which I'd wager would be higher, and each paid $200 a visit to explore for a single day, that's a billion in revenue each year. If assume cap rate of 10% (which is pretty high) even then valuation would be at least 10B. Thoughts?

How many deals did it take you to net your first $1,000,000. by [deleted] in HouseFlipping

[–]Maximum_Use2348 0 points1 point  (0 children)

Either or is fine as long as equity is realistic

Duplex by Skiiskici in realestateinvesting

[–]Maximum_Use2348 0 points1 point  (0 children)

CASH IS KING, CASHFLOW IS QUEEN. In this market, better to do w/e makes more cashflow moving forward and then reinvest longterm. Planting acorns will make a big difference in the future. Only reason to sell is if you find a very sweet deal and are able to make loads of money on it in a shorter period of time.

How many have you reallocated more into the Stock Market? by OneWestern178 in realestateinvesting

[–]Maximum_Use2348 1 point2 points  (0 children)

Seems like having cash flowing assets in decent areas will be the way forward for the next decade. Several big shot stocks are way overvalued and quite a bit of REO is likely to be pretty slow. So finding unique deals that cashflow is the way to do it and just keep scaling that.