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Forums » New Member Introductions » Finally Signing Up From Atlanta ;)

Finally Signing Up From Atlanta ;) Subscribe to Finally Signing Up From Atlanta ;)

14 posts by 14 users

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Real Estate Investor · Atlanta, Georgia


Hey gang,

My name is Phil Samuel from Atlanta, GA :D

I've been visiting (learning from) BP for sometime now :wink:

Anyway, I've been in real estate for about 5 years - evolving from being a loan officer, to wholesaling, to building, then doing short sales and now I'm evolving into Bulk REOs and NPNs ... (still do shorts though... )

Here's what I've learned in this business and my takeaway for anyone new:

You are really in the business of MARKETING YOURSELF to people who have families and aspirations for themselves and their families, just like you do...the Notes and/or Properties are just the value added "bonus" or "benefits" they get from dealing with you. :D

Ok, gotta go now...gotta start posting!

- Phil :D


Landlord · Seattle, Washington


Welcome to BP, Phil.

Connecting with other real estate professionals is one of the biggest values of BP. Look forwar to getting to know you better. Happy posting.


Real Estate Investor · Woodstock, Georgia


Welcome Phil!

As a fellow Atlantan - I've found this to be a GREAT group and don't have enough good stuff to say about the people here!

Amy


Real Estate Agent · Lenexa, Kansas


From one posting newb to another, welcome!

-Mat


Real Estate Investor · Kalamazoo, Michigan


Welcome, Phil.

Sounds like you have a lot of experience and much to contribute to Bigger Pockets.


Real Estate Consultant · longview, Texas


Hey- Glad you signed up-awesome group of real estate junkies here lol... Happy you jumped on board :D
Look forward to networking!!



You are an excellent source of short sale opportunities.
I purchase short sale properties from listing agents and pay them the full bank allowed commission plus my buyer's Realtor gives the listing agent 1% of his commission. Because we are the buyer, we do the short sale negotiating with the bank to be in control the "pricing activity."

Once I become the holder of the fee simple title I; then, resell MY property using the same listing agent. In other words the original listing agent gets paid twice on the same property. This can happen in a very short time frame


Real Estate Consultant · Atlanta, Georgia


Hey Phil!
Looks like we are doing the same thig from the same state. LOL I am in Atlanta as well and I am looking for my first bulk purchase. I have a private money source that will let me borrow up to 65% and give me a year to pay it back however i need to know where to go for some good lagetimate deals. I don't want to spen more than $500K for my first portfolio but i would be more comfortable at $200k.. How has things been for you?


BiggerPockets Founder · Denver, Colorado


Guys . . . lets take any Bulk REO dealmaking to the Bulk forum . . . thanks.

BTW - Welcome to the site, Phil.

Small_bplogo20aJoshua Dorkin, BiggerPockets, Inc.
E-Mail: webmaster@biggerpockets.com
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Be sure to check out the BiggerPockets Blog at http://www.BiggerPockets.com/renewsblog/


Real Estate Investor · Markham, Illinois


Hey Phil,

Looking forward to getting some of your knowledge and expertise. Good to see you here.


Homeowner · Walla Walla, Washington


Happy Friday, Phil!

It's always nice to have more BP friends.

Glad you finally signed up :)


Hard Money Lender · Atlanta, Georgia


Hi Phil,

Always good to see Atlanta investors on BP.

wade


Hard Money Lender · Atlanta, Georgia


Good to have you on board Phil.

Regards,
Dean


Residential Real Estate Broker · Carmel, Indiana


Originally posted by E Dean Cole
Hey Phil!
Looks like we are doing the same thig from the same state. LOL I am in Atlanta as well and I am looking for my first bulk purchase. I have a private money source that will let me borrow up to 65% and give me a year to pay it back however i need to know where to go for some good lagetimate deals. I don't want to spen more than $500K for my first portfolio but i would be more comfortable at $200k.. How has things been for you?

Hello Mr. Cole!,
Where are you looking to buy? I have packages across the midwest, south, east coast, and florida. I would love to work with you on purchasing a portfolio!!!




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