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All Forum Posts by: Andrew R. Lucas

Andrew R. Lucas has started 95 posts and replied 598 times.

Post: Deal Finders Rehab Walk Through

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

Deal Finders Community is invited to a Behind the Scenes walk-through of a current renovation project from our Local Deal Partners!! Check out Behind the scenes of current renovation projects. You will Learn and Experience: What does it take to get a Flip or Rental ready for the market
How to Design for Highest Profit
How to Manage Contractors
Where to Source Good Deals

The 4-S's = How to Source it, Secure it, Solve it, and Sell it! We are there to answer any questions regarding: Deal Structure
ARV Rehab cost and whatever else you come up with!

**Do YOU want to learn how to walk a property before you buy it**

⭐ ⭐

Join Us On This Investor Property Tour!!!It's a FREE event!!

⭐

Use the LINK below to register!!

👉 👉

https://www.meetup.com/dealfinderslive/events/298800638/There is VERY limited space and spots fill up FAST!!!

⭐

Use the LINK below to register!!

👉 👉

https://www.meetup.com/dealfinderslive/events/298800638/Come join us as we walk through a property to do an inspection and share details with you on what to look for and what we are going to fix..Learn what you need to be looking for and what you need to do to get it fixed up with this hands-on experience!!! I will explain..

how I bought the property 

how I funded the property

 what I am doing to fix it up and

what the exit strategy is on this deal!!!

⭐

Use the LINK below to register!!

👉 👉

https://www.meetup.com/dealfinderslive/events/298800638/Get ready for this quick in-and-out learning experience!!!We Find Them

👏

Fund Them

👏

Fix Them

👏

Rent Them

👏

And I will show you the same thing!!!I will share all the details and location with you once you fill out this form and let me know you are coming!!! This is a FREE event so I am LIMITING the spots!!

⭐

Use the LINK below to register!!

👉 👉

https://www.meetup.com/dealfinderslive/events/298800638/Hope to see you there!!! 

Andrew Lucas
Founder
Deal Finders Live
Columbia Investors Club

Got questions? Call me at 1-803-216-5750

Post: New law makes wholesaling illegal is SC

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316
Quote from @Dahae Yi:

Installment method? Double close? Wholetail? What’s the best solution for South Carolina wholesale ban?

More and more states are tightening their wholesaling regulations, and South Carolina followed suit in the second week of May. A lot of people are still confused—even closing attorneys are scratching their heads!

But guess what? I've got a SUPER SIMPLE SOLUTION that most people already know.


No more racking your brain for workarounds. No more googling about installment methods, wondering if double closings are still possible, or hunting for closing attorneys who'll go along with it.

Instead, you can close on the property as an ACTUAL BUYER using OPM (Other People’s Money). This gives you all the rights to do whatever you want to MAXIMIZE YOUR PROFIT. Clean it up, put on a fresh coat of paint, and list it on the MLS to attract tons of buyers, including retail buyers! This is how you can increase your profit and put that money back into your business to get even more deals.

I’m a private money lender partnering up with wholesalers in South Carolina to help you close more deals SAFELY and boost your profits. WINTER IS COMING. Be ready to adopt quickly and win bigger!

Best solution for wholesale ban? WholetailWholetail South Carolina

Our company pivoted 2 years ago and begin closing on all properties and listing on the MLS. Our profit increased 3x!!!
We are partnering with any Deal Finders out there that can find deals, but can't close them.  

Yall don't let this keep you out of the business.  Its time to Connect and Learn how to Build businesses in this new market space.  

Post: New law makes wholesaling illegal is SC

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

I'm not an attorney, but have talked to many on this issue.  @Tom Gimer are  you in SC? Would you do closings where there is an assignment of contract between 2 parties where they told you that they didn't market the property?  Below are a few more excerpts. 

"The advertising and marketing of real property is to be distinguished from the advertising and marketing of a contractual position in a sales agreement to purchase real estate. An advertisement that markets a contractual position to acquire real property from a person with either equitable or legal title and does not imply, suggest, or purport to sell, advertise, or market the underlying real property is permissible under this section."

 

Post: New law makes wholesaling illegal is SC

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

Its more government, more regulations, and more rules... That always creates more inefficiencies in the market place and creates room for someone to fill the gap.  Not sure what that is yet, but the sellers are still going to need Off-market help. 

Post: New law makes wholesaling illegal is SC

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316
Quote from @Tom Gimer:
Quote from @John Underwood:
Quote from @Tom Gimer:

@John Underwood  I read what I believe to be the new SC legislation. Please provide the full new definition of “wholesaling” and reconcile the conclusion of your post with the last sentence in the definition.


  No need. After listening to several Attorneys, they are not going to risk closing these deals goin forward as they have been done in the past.

OK then I will. The definition of wholesaling (a new term under SC brokerage laws) reads as follows:

"Wholesaling" means having a contractual interest in purchasing residential real estate from a property owner, then marketing the property for sale to a different buyer prior to taking legal ownership of the property. Advertising or marketing real estate owned by another individual or entity with the expectation of compensation falls under the definition of "broker" and requires licensure. "Wholesaling" does not refer to the assigning or offering to assign a contractual right to purchase residential real estate.

Since every word of a statute has to be given meaning, the last sentence is a clear carve out for investors who assign contracts and offer that interest to the end buyer. Sounds like more business is coming for local attorneys who understand the new law.


 This part of the law is giving a lot of entrepreneurial thinkers room to get creative.  Unfortunately, lawyers don't think that way.  This is a Law.  Attorneys cannot knowingly assist someone in Breaking The Law.

"Wholesaling" does not refer to the assigning or offering to assign a contractual right to purchase residential real estate.

READ that slowly as an attorney would.  Don't fill in the blanks with bias.  
It is still legal to assign contractual rights, BUT the previous lines say that you cannot market a property. How do you sell a contract without talking about what is in it?? Thats where the logical conclusion goes....

In order for an attorney to take the closing, they would have to confirm and verify that you did not market that property.  The ones i've talked to all say that it is not worth the risk. 

Post: Agents & Investors in Today's Market-- An Expert Panel Discussion

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

Agents and Investors in today's market - An Expert Panel Discussion

🚨This is a FREE event🚨

Register at the link below.

https://www.meetup.com/dealfinderslive/events/298164707/

Come network and meet with new and seasoned real estate investors, flippers, realtors, landlords, wholesalers, hard & private money lenders, and bankers as we discuss, the relationship with between agents & investors in today's market.

👉👉Share this with someone that you know so they can come and learn also!!

If there is one thing you MUST know as an investor to stay safe when buying a deal…
IT IS THIS!!!

There is a series of steps you must learn as an investor that you will go through on every deal you do!!

These checks and balances are what will help you not buy a bad deal or even better, help you from buying a deal that will bankrupt you later!!!

So! if you are ready to start learning this simple and duplicatable process to keep you safe then you should stop what you are doing and come to this class!!!!

There will be lots to learn and lots of takeaways that will help you be a better investor!!

👉👉Share this with someone that you know so they can come and learn also!!

Networking is from 5:30 to 6:00 pm
Training starts promptly at 6:00 pm

Andalways, register at the link below..

https://www.meetup.com/dealfinderslive/events/298164707/

Hope to see you there!!!

Andrew Lucas
Founder
Deal Finders Live
Columbia Investors Club

Got questions? Call me at 1-803-216-5750

⭐⭐Get Free Resources and Ebooks From Our Website:
👉 www.DealFindersLive.com

***
⭐⭐Are You Just Starting? FREE Beginners Class coming up!!!
👉Go to: **Beginner bootcamp link HERE**

***

🟢🟢Join Us And Get More Training With The Club!!
👉Go to: wwwDealFindersLive.com/Join

Post: Rehab Walk Through

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

Deal Finders Community is invited to a Behind the Scenes walk-through of a current renovation project from our Local Deal Partners!!

Check out Behind the scenes of current renovation projects.
You will Learn and Experience:

  • What does it take to get a Flip or Rental ready for the market
  • How to Design for Highest Profit
  • How to Manage Contractors
  • Where to Source Good Deals
  • The 4-S's = How to Source it, Secure it, Solve it, and Sell it!

We are there to answer any questions regarding:

  • Deal Structure
  • ARV
  • Rehab costs
  • and whatever else you come up with!

**Do YOU 🫵 want to learn how to walk a property before you buy it**
⭐⭐Join Us On This Investor Property Tour!!!

🟢 It's a FREE event!!

⭐You must register with this link to receive information!!
👉👉 **LINK**

https://www.meetup.com/dealfinderslive/events/300638340/

There is VERY limited space and spots fill up FAST!!!

⭐You must register with this link to receive information!!
👉👉 **LINK**

https://www.meetup.com/dealfinderslive/events/300638340/

Come join us as we walk through a property to do an inspection and share details with you on what to look for and what we are going to fix..

Learn what you need to be looking for and what you need to do to get it fixed up with this hands-on experience!!!

I will explain..

  1. how I bought the property
  2. how I funded the property
  3. what I am doing to fix it up and
  4. what the exit strategy is on this deal!!!

⭐You must register with this link to receive information!!
👉👉 **LINK**

https://www.meetup.com/dealfinderslive/events/300638340/

Get ready for this quick in-and-out learning experience!!!

We Find Them👏 Fund Them👏 Fix Them👏 Rent Them👏

And I will show you the same thing!!!

I will share all the details and location with you once you fill out this form and let me know you are coming!!!

This is a FREE event so I am LIMITING the spots!!

⭐You must register with this link to receive information!!
👉👉 **LINK**

https://www.meetup.com/dealfinderslive/events/300638340/

Hope to see you there!!!

Andrew Lucas
Founder
Deal Finders Live
Columbia Investors Club

Got questions? Call me at 1-803-216-5750

⭐⭐Get Free Resources and Ebooks From Our Website:
👉Click here
***
⭐⭐Are You Just Starting? FREE Beginners Class coming up!!!
👉**LINK**
***
⭐⭐Learn How To Find Fund Flip and Hold Real Estate To Create Wealth
👉**LINK**
***
🟢Join Us And Get More Training With The Lucas Goup? Columbia Investors Club?***************************************!!🟢
👉**LINK**

***

Post: Agents and Investors in today's market - An Expert Panel Discussion

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

Agents and Investors in today's market - An Expert Panel Discussion

🚨This is a FREE event🚨


Don't forget to Register at the link below...

https://www.meetup.com/dealfinderslive/events/298164707/

Come network and meet with new and seasoned real estate investors, flippers, realtors, landlords, wholesalers, hard & private money lenders, and bankers as we discuss, the relationship with between agents & investors in today's market.

👉👉Share this with someone that you know so they can come and learn also!!

If there is one thing you MUST know as an investor to stay safe when buying a deal…
IT IS THIS!!!

There is a series of steps you must learn as an investor that you will go through on every deal you do!!

These checks and balances are what will help you not buy a bad deal or even better, help you from buying a deal that will bankrupt you later!!!

So! if you are ready to start learning this simple and duplicatable process to keep you safe then you should stop what you are doing and come to this class!!!!

There will be lots to learn and lots of takeaways that will help you be a better investor!!

👉👉Share this with someone that you know so they can come and learn also!!


As always, register at the link below...

https://www.meetup.com/dealfinderslive/events/298164707/

Networking is from 5:30 to 6:00 pm
Training starts promptly at 6:00 pm

Hope to see you there!!!

Andrew Lucas
Founder
Deal Finders Live
Columbia Investors Club

Got questions? Call me at 1-803-216-5750

⭐⭐Get Free Resources and Ebooks From Our Website:
👉 www.DealFindersLive.com

***
⭐⭐Are You Just Starting? FREE Beginners Class coming up!!!
👉Go to: **Beginner bootcamp link HERE**

***

🟢🟢Join Us And Get More Training With The Club!!
👉Go to: wwwDealFindersLive.com/Join

Post: 2-Day Find & Flip Workshop

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

The location of this event has been changed. It is no longer going to be held at the Double Tree by Hilton. The new address of this event will be, 200 Byron Rd. Columbia, SC 29209

Hope to see you all there! And don't forget to register at the link below..

https://www.meetup.com/dealfinderslive/events/298906261/

Post: 2-Day Find & Flip Workshop

Andrew R. Lucas
Posted
  • Investor
  • Columbia, SC
  • Posts 641
  • Votes 316

The location has been changed and will be updated as soon as it is determined.