All Forum Posts by: Christian Requejo

Do you have access to off market vacant land that you send me from your MLS?

Hello everyone, I hope all is well. I am in the market to purchase a vacant lot to build a new home as my primary residence. As the market continues to correct it self and prices begin to drop. I am beginning to search everyday for vacant lot. I have my eye on a couple of properties. My question is how can you evaluate the listing price of the property for a vacant lot? Especially in an area that basically has no vacant lots near by. How much do you know to negotiate on the listing price? It's hard to do any type of analysis to come up with the true market value. I always like being reasonable with my offers. I live in Miami FL and there is not much vacant lot here to begin with so how can I make sure I don't over pay and still give a reasonable offer?  

I am live in Miami FL and I am in the market to find a vacant lot to build a home as my primary residence. It looks like the market is signaling a slow down in new home purchases, which is also causing the construction industry to slow down too. Do you think 2023 would be a good year to build a new home? Around what time in 2023 would be a good time to start construction?

I am planning on buying a vacant lot directly from the owner. I want to make them a cash offer and I want the deal to between directly between me and the owner, no realtor involved. Are they any closing cost involved if we do this type of deal just a real estate lawyer? Is it standard business with this type of deal for the seller and buyer to split the cost of the transaction? Or should the buyer pay it all? If someone from Florida can please reply it will be much appreciated. 

Thank you.

Shiela great reply and that's exactly what I meant. That's why I specifically said "FLUFF" and "BS". It takes years to get to a rich or wealthy status in any endeavor and that includes Real estate. I believe the "Gurus" and "mentors" should sell their programs as a program to learn how to invest and for those who do the work and stick to it can make a good living. But that doesn't sell so they FLUFF and BS. 

Whoa, whoa, whoa, NOW FREEZEEEEEE!!!!!, STOP, HAMMER TIME!!!!

Either everyone is understanding my post incorrectly, or, I did a bad job of not making my point. I will take the blame for not explaining my point correctly. When I say I am tired of all the FLUFF, I was referring to many mentors, gurus, teachers, whatever you want to call them. In the end, I noticed that there isn't one that was saying anything different. It's the same thing, you have to market to sellers via, Direct Mail, Bandit signs, Cold Calling etc. The "FLUFF", is now there are some people saying, you DON'T have to Cold Call, Direct Mail, Bandit signs, etc. You can stay in the comfort of your home and watch the money pour in, and claiming that people can do 20, 30, or even 40 deals a month is FLUFF. That would take years to get to that status. I believe most people can learn the business using the program and realistically do a few deals in the beginning. Just because you do 20 deals in one month, you can easily go two or three months with no deals. And in those two or three months that you have no deals coming in, you better be hustling looking for deals through marketing. To set you up for the next 20 or 30 deals. This is what I mean by FLUFF, just be real with people, however, the education business has become so large and profitable that you have to market with FLUFF, because the business model is SELL PROGRAMS. I hope I made my self a little more clear. If I did not then I am just a dumb, stupid, ignorant nay sayer hater. In conclusion, most people who stick to this and are persistent, can make a good living but that is it. Because if you are doing 50 deals a month @ an average of $10k per deal, that's $500k gross profit. If you do that consistently, that's $6,000,000 a year gross. That's FLUFF and dishonest to make the average consumer believe they can make that by just sitting around on your laptop and clicking buttons. You have to work your A** off to make that happen with a team. I rest my case. 

 I don't understand what your reply has to do with my original post. But thank you and I hope you continue in your success. 

I have done extensive research on wholesaling. I have been wanting to fast forward my education and looking at many different mentors/program specializing in Wholesaling. Every one will tell you the same thing: to do Direct Mail Marketing, Cold Calling, Door Knocking, Drive For Dollars, Bandit signs, or text people, to find motivated seller leads. Also, Craigslist, Facebook, Twitters. Now there is a new thing called virtual wholesaling, No need to do Direct Mail Marketing, Cold Calling, Door Knocking, Drive For Dollars, Bandit signs, or text people, to find motivated seller leads. No money spent on marketing etc. etc. 

What does it take to be successful at Wholesaling besides being persistent? And is there anyone just teaching the nuts and bolts of Wholesaling? Because seriously it's not that hard to understand what Wholesaling is, but all these people are repeating and saying the same things and it's been the same information for decades. I don't believe that Direct mail, cold calling, bandit signs work anymore. At least not for quality leads. The key here is finding quality leads. No one wants to go through 300 leads to get 1 sale. It's not because that's too much work, it just doesn't make sense. Can someone jump in on here and shed some light about quality leads? and also about how to choose a location to market in? If you have a bunch of people doing the same exact thing, you might get lucky once in a while but my logic tells me this is BS and doesn't work anymore. Please shed some light.