All Forum Posts by: Brad Freeman

Link does not work.  If you still want to make this deal look me up in my profile and call me or message me.  I am a cash buyer.

What is the purchase price?

This is a NOW Society, and especially with Internet Leads...you cannot lag.  Few people read their email through... 4 seconds is all you have.  The PHONE works the best as long as you can add value.  DO NOT try to sell over the phone.  Get the appointment to meet them at the property.  If you don't know how to get the appointment, or you don't know what to say when you get there, I suggest reading the first 3 or so chapters of a book called Socratic Selling.  This is very credible information...I have been breaking sales records for 20 years or so in more than one industry in high ticket sales.

If your post is correct... that's me!  As long as there is profit to be made I don't really care how much the rehab cost is.  I guess I can't post my number here, but look at my profile and get a hold of me.

Hey David you want to work on this one together?

@Manolo D. Answering your JV question: Every deal is different! I use a simple letter of intent that just outlines what the deal is (just a letter that spells out the intent in regular English). You have to trust your partners or they aren't worth partnering with. At least that's how I look at it.

Sorry I didn't answer your "awhile" question.  I have been doing this for 15 years.  However, don't lose heart.  Whoever finds a GREAT DEAL TODAY is the winner!  Learn your numbers from acquisition cost, to hold cost, to rehab cost, to sell cost, and what comps truly are and aren't.  Then go buy low enough and it won;t be hard for you to make friends.

It all just depends on how good you are.  In 3 to 7 days I produce multiple offers on most anything residential I touch.   This market is EASY to sell and HARD to buy.

I can't stand renters - plus I just would rather make 25k to 50k in a few months than wait a few years for a renter to pay it.  I just keep rolling it forward.  My motto is "I would rather have a house full of equity rather than a house full of tenants."

I put the property in escrow with my corporation using the language "Vesting TBD for Legal Purposes Only".  The if someone I know wants to jump in, they either fund as a private money party, or they take over the property and we put in in their corporation.  We then attach a "profit agreement" which breaks down who does what and who gets what at COE.  I have a good reputation so with a couple of my investors we literally don't even do any paperwork, except what Escrow, or a Buyer, or Seller require.

Timelines are relative - Fast as I Can

Been doing it for awhile.  I would guess you would have to prove yourself first?  But ultimately there are people everywhere that want to invest and have cash.  What many people lack is finding deals with enough of a discount worth doing.  Find a deal (deals) and you bring value.

I guarantee nothing...just produce results!

I never hold anything.  I just get in and out as fast as I can, and if someone wants to fund me, then I split it..otherwise I just do the deal myself.  Never lost a dime in 15 years.  It's all about how low you can buy it for.