All Forum Posts by: Brandon Diaz
Brandon Diaz has started 7 posts and replied 69 times.
Post: Leads for Wholesalers

- Professional
- Memphis, TN
- Posts 70
- Votes 49
I am interested as well. I would test out the service and see if it works out for everyone. I am in 2 locations that we wholesale in.
Post: Seller financing question

- Professional
- Memphis, TN
- Posts 70
- Votes 49
Does sound pretty screwy actually. Depends on what kind of seller financing they did. Your grandmother may have done like a "land contract" and it isnt recorded on the deed. So section 8 would only deal with your grandmother? Im guessing. because she is the only person on title.
You would need to read the documents that was signed to "the woman" and ask more questions about the situation with "the sister"
Post: Transferring Property to a LLC

- Professional
- Memphis, TN
- Posts 70
- Votes 49
Real simple. Go to your title company and pay for them to do a "quit claim deed" to your company. You can do this yourself. It is very simple to do yourself. But since it is your first time. Pay someone and look at the quit claim deed and in the future you can determine if you want to pay for the service next time.
Post: Flip stuck in market?

- Professional
- Memphis, TN
- Posts 70
- Votes 49
Something that I have had luck with on properties to get sold quickly. The listing agent I reduce them to 2.5% commission but on the selling agent I give them a 4% commission if they bring a buyer in less than 30 days. It is easier to setup this from the very beginning, but look at that .5% as an extra marketing fee and it will drive buyers and the selling agents will want their clients to at least want to place an offer. Thus you have a better chance of selling.
Post: What was your first deal?

- Professional
- Memphis, TN
- Posts 70
- Votes 49
I always love to see how someone did their first deal. Anyone care to share? (Deal type, profit, time to do it, etc.)
Mine: $2,500 wholesale deal, 3 weeks from start date, un-sight/unseen.
Post: Seller wants to keep Earnest Money upon Assignment

- Professional
- Memphis, TN
- Posts 70
- Votes 49
In this verbiage that you are sharing. They dont make anything off your assignment. They just get your earnest money NO MATTER WHAT! If you have a buyer. It wont matter let him keep the earnest money. He was getting it anyway if you were to close.
Post: Looking for a BOOK!!!!????

- Professional
- Memphis, TN
- Posts 70
- Votes 49
@Andrew Syrios this book was more of a blueprint. All his rentals were EXACTLY the same and had it were you could change the pricing if you needed to. I remember it had Pex piping for the plumbing. It was the best rental book I had seen and wish I still had it.
Post: Help me prove my point.

- Professional
- Memphis, TN
- Posts 70
- Votes 49
No cashflow sucks for a lot of businesses. Some people wouldnt mind waiting 5-7 years (its not that long of a time frame) but I am with you. I dont want to do it. Unless the tenants are long term and I have great certainty that I could just sit on it and just forget it for that long. But unfortunately I am not that patient.
What you could do is try to negotiate the price down as low as you can with the financing. See if you can make it cashflow based on that offer. If you can get that you can possible get it even cheaper later by offering to settle the note in cash. But basically you are in the drivers seat.
But as far as your question is concerned. I agree with you. You want to ensure cashflow you may have to pay cash now. I was just giving you some other options.
Happy investing.
Post: William Tingle Subject 2--Is his course worth it?

- Professional
- Memphis, TN
- Posts 70
- Votes 49
At that price, you really cannot lose for a course like that. As long as they are not full of junk. If they are, I would demand my money back. If they don't, make sure you leave enough reviews. But, only if the info is bad. When you get it in the mail... Let me know what your thoughts or questions are and Ill help you determine that.
Happy investing
Post: how fo i go about marketing to buyers

- Professional
- Memphis, TN
- Posts 70
- Votes 49
Not the best answer admittedly, but it does work. You can create "dummy ads" and "dummy signs" on websites and signs that you have a property for sale in _______ area for cheap and when you get calls or emails you tell them that they property already sold but you can let them know when you get another deal and get their information.
Now, here comes the "unethical police" telling me that this is bad advice. Let me say, we all got started at one point in time and had to grind. I no longer do this, but one time I did and it worked.