All Forum Posts by: Adrian Williams

Hello BP I have been watching a show on A&E and I have passed by when public storage facilitys have been in the process of auctioning off peoples storage units, I was wondering has anyone on BP attended these type of auctions, any stories ?, just a random thought.!

Thanks, :)

Adrian Williams

Its always stipulated in the listing agreement , I always put my listings at six months but I have seen some agents who always do 90 days some go for a whole year generally the agent wants it to be as long as possible 1) for the obvious reason they have longer to sell 2) most have a sign with a rider with there name and contact info and you generate a ton of leads like that, Most agents try to gauge how comfortable the seller feels if the seller was stuck with a lousy agent for the last year who didn't get there house sold there might be a good chance they wouldn't want such a long listing agreement with the next agent !

Goodluck :)

Adrian Williams

Ive tried direct mail before and I didn't get to good of results not to say that it's not effective but I wasn't to successful. The best source of leads is definitely referrals , talking to people , putting yourself out there, I mean when I get mail if doesn't say Kansas City Power & Light, Gas, Or A Tmobile on the front. I honestly don't pay much attention to it but I do know other agents who are successful I would think the key is to stand out and make it personal as possible if that makes since!

Goodluck :)

Adrian Williams

Interesting story Ray , Welcome, seems to be quite a few new people from Florida, I see your an Electrical Contractor, Ive been working in the HVAC business for a while !

Goodluck :)

Welcome Audrey I'm quite a ways from you in Missouri but trying to get things rolling as well.!

Goodluck :)

Adrian Williams

Thanks for all the information , I have been reading a book called the 16% solution and got some advice from some local investors here in Kansas City they say the hardest part is playing with the "big dogs". I live in Missouri and from what I learned the sale is once a year in mid August and only Missouri residents can bid, I plan to attend this August and see what I can manage to do ! :) @Cl Jones I will check out your site tonight.

Thanks :))

Good Question !!! I have been down the whole 203k loan process when I was trying to process a loan for a buyer, I will tell you its a real headache there are so many stipulations and rules with these loans. I personally don't see where it would be a problem on HUD's website it says

"Can an investor use the 203(k) program?

No. In October, 1996, the Department placed a moratorium on investor participation in the 203(k) Rehabilitation Mortgage Program.

If you designate that as your primary residence and intend for that to be your primary residence I don't see a problem if your getting at trying to process a 203k loan for a rehab in Houston and staying in Shreveport and plan on saying your rehab is your primary residence and justify it by saying "I don't have any investment property's" I think your asking for trouble! :)

I personally like Tyrone Taylor "The Flip Man" (GOOGLE IT) but he puts for the most part all of his videos on youtube, there so much information on youtube! I have payed for a couple courses and for the most part its the same information worded in a different ways I would go to youtube and search wholesaling and try your luck , in the end the process is the pretty straight forward find a hell of a deal , get it under contract, and find a buyer ! :)

Hello Biggerpockets I have always been interested in tax sales, I have done some due dilligance and I have the basics down or atleast I hope I do :) . I was trying to find out who plans on participating in any tax sale in 2011 ? For those who don't incorporate tax sales in your business model why do you choose not to ? (To risky, Not your style?) Finally anybody who has invested in tax liens is there anything you may have learned from experience.?

Thanks ,

Adrian Williams

Hi Cary good to see other Kansas City area investors on here, I'm like you just trying to soak in as much as possible there is so much information on here its awesome. I'm on the Missouri side near Raytown !

Go Chiefs !! :)