REIunite.com - Shomail Malik talks about residential flips in New Jersey
Manage episode 155141836 series 1147896
Shomail Malik of Strategic Realty Solutions talks about the flipping residential homes in New Jersey.Show Notes:-Change in the real estate industry -The start of raising money-First money partners (Friends & Family)-Lead sources-Screening out prospects-Run comps-Verify repairs-Purchase guidelines-Compensation for private money lenders-Teams roles and responsibilities-Dealing with contractors-Familiarizing yourself with prices at Home Depot-Screening contractors (Questionaire)-Problems with poor contractors-Payment schedule and sign off documents-Work flow process from start to finish-Preparation for selling the home-Process of selling the homeResources:732-800-1955 (direct phone)http://www.strategicrealtyllc.comFor more video podcasts visit http://www.reiunite.comAlso, join the continued discussion for beginner to advanced real estate investing throughout New Jersey on our forums: http://www.reiunite.com/community
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