All Forum Posts by: Dalton King

To my knowledge as long as it is in writing (contract) then it is a legal obligation and if one party were to break the rules of the contract then there would be a problem. I am not 100% sure how subject-to deals are structured but if it is anything like a normal real estate transaction it should be recorded.

Like Nathan said it is paid after closing. So I like to think of it as a reimburstment.. 

I have used propstream and I do not like it one bit. In my experience it was a waste of money but I know people that use propstream and listsource like software and actually get leads from it.

My most successful method of contacting owners is door knocking and mailers. Also having a good network of investors/realtors is a great way to explore alternative ways of getting deals. 

This is a great question! I personally have trouble growing my network. I have never really been too social but after being in the real estate business for almost a year now, I am learning quickly how your network needs to be. My plan to get better at this is exactly what I am doing here. Being active!! I usually just read the forums to learn. It wasn't until my Realtor friend told me to connect with people not only on BP but in real life! This has lead me to meet some super amazing and humble people that I had no idea existed. 

This goes for anyone getting started, It's hard and confusing at times but there is an answer! The people here on BP and in the business in general are some of the nicest people ever!

If you are new don't be hesitant to ask questions!!

Hey Kerry! Thanks for responding, I have seen you around in the forums and heard about you through other local investors. I'd love to talk real estate with you sometime!

I am in the BREIA facebook group but honestly I have no idea how facebook works so i haven't spent much time on it. 

Hey Bigger Pockets Community! I am a 20 year old realtor and I live in Brevard County, FL. I have been working on growing my network for the past few months and a good realtor friend of mine has been helping me get open houses and letting me do showings for his clients. I am with a small family friend broker so I do not have access to open houses. 

If any Realtors out there have too much on their plate or just don't like doing open houses, I am your guy!

ALSO making this post to just connect with new people. So if you see this and you are in the area let's connect! 

If you haven't reached out to them yet I would say that is your next step. If catching them at the property to talk is hard because they aren't always there you could send a mailer or ask give the neighbor your info and see if they will relay your message and info to them. 

Are you planning on just buying to live there or as rental/flip? 

Looking for some advice based on what my current CPA is telling me. Basically I have a trust fund from great grandparents and the only provision of the trust was to get schooling. So I got my real estate license. We had agreed the licensing course would count towards the education requirement. And after that is achieved I am able to use the funds to start a business or buy a personal residence. I am doing both at the same time. 

The issue is she keeps coming up with new criteria for me to achieve that is not outlined in the trust. She is not experienced in real estate so I feel like my business plan is not the kind of investing she wants to do with the trust funds. She keeps telling me she wants to diversify, but not providing an alternative asset class. I am offering real estate because there is no better ROI out there if done right. I feel like she doesn't want to lose the income she's making from managing the trust. It's the only logical reason as to why she wouldn't liquidate the trust..

Any advice on this? I am homeless at the moment jumping from place to place trying to get this house but she is the only one stopping me. As the trustee I should have full say in how the money is used? Especially after checking off the education requirement. 

Thanks, Dalton

Hey Ali, I am in a similar position to you. I would scout BP, instagram, and facebook for realtors in the area you are looking. As an agent I find having a personable online presence will help people decide wether to work with you or not. 

I am a realtor and investor in Florida and I have many agent/investor friends here and in other states. 

Great question, I believe local lenders may have restrictions that prevent them from lending out of state. Your best bet for investing out of state is finding a lender online that you could connect with. I have a couple recommendation's if you'd like. They do 5+ unit commercial loans so it should work for you. 

Other options would be private money or some kind of crowdfunding/syndication.