All Forum Posts by: Dallas Trufyn

Wow, two people make quick, easy money and one of them is supposed to be wrong?? Mind boggling to me...

When I had my bookstore and I sold books at retail, even though I paid wholesale price to buy them. This wasn't disclosed to every customer that walked through the door. I must have done something wrong? 

You are not getting the 1% rule if you rent it out, so I personally would sell it to give yourself cash for more investments. You've made fantastic appreciation in a short time, take advantage of it. 

Real Estate Investing is about speed...and life is short! 

Give them YOUR formula and tell them you only want deals that fit those particular numbers, period. 

You have to have a business sense to understand what is happening here. 

90% of Realtors operate on a retail level. 10% will operate on a wholesale level. The retail person will work with traditional buyers on a consumer level (i.e. First time home buyer who got approved at a bank). We as investors operate on a whole different level (i.e. Investor/contractor working with private money.) What we do is not taught to the general public. You will go through MANY Realtors because it will usually end up being a Realtor who is a seasoned investor themselves. 

Also, as has been mentioned, your are (literally) wasting their time. They show and run CMA's on 35 houses for you, and then you end up buying from a wholesaler, or privately, of course they get no paycheck from that. Be patient. Give them some money, or a nice dinner for their time. Nobody should work for free, keep building a positive relationship. The Golden Rule still applies...

Hi there! I am a full-time, somewhat seasoned Real Estate Investor familiar with Flips, Rentals and Lease Options. I am looking to network with wholesalers, agents, lawyers, investors/lenders, contractors, etc. 

Please say hi, let me know what you do and what your RE interests are. I am always learning and love to meet like-minded people! This sure seems like a great venue to do that. 

You have absolutely nothing to lose. Flipped cars for over 30 years, some will get offended, but better yet, some won't...and that where I make money. Flipping houses is the same thing (just has more zeros!). Justify the low offer and ask. They say no, move on. There are (literally) millions of houses in this world...

ALWAYS make your offer so that the numbers work for you first, but ideally for both parties.