All Forum Posts by: DJ Baker
DJ Baker has started 3 posts and replied 5 times.
I’m in a one party state here in NY but I’d always disclose for transparency. Thank you for that. I’ll check it out.
Hi everyone. I'd like to record the calls I am having with sellers so I can play them back and understand where I may be having issues and to review with my Mentor. I have Google Voice but I have to press 4 to record and then it may cut off, so I'd prefer something more reliable.
Any recommendations?
Just starting out and trying to wrap my head around my toolbox so I can speak somewhat intelligently on the phone with potential sellers. Starting with lease options, lease-to-own right now and just a lot of objection answering. Is there any articles you can point me to on overcoming the biggest Seller Objections in this area? That would be quite helpful as a beginner.
Hi everyone. REI is very new to me and as excited as I am to get started, I want to be sure I am set up correctly. I am looking at wholesaling for the obvious reason...low buy in. Every 'guru' I hear on YouTube is saying to get a deal first and find a buyer later, but that feels unethical to me and I'd rather have a good list of vetted buyers before I start calling leads. I have an LLC and I am also going to work on building up my business credit so I can actually have the funds to buy out a property if a deal with a buyer falls through, but I have to start somewhere and I'm willing to hustle. I am starting out with little capital here so obviously I'll have to perhaps find a JV (?) to get started and to help me build out some buyer lists. I am trying to avoid the $5k programs and learn better by doing.
I am hoping the REIs can give me some recommendations for finding and vetting serious buyers by listing some things I should looks for and questions to ask. I am sure many buyers don't want to deal with new wholesalers because of what we don't know, I get that, but I am sure there are some that are willing to work with a newb if they feel they are serious and willing to go about this all the right way.
So, any recommendations on how to build a serious buyers list from scratch? What questions to ask or what to look for? Any red flags to watch out for?
I truly appreciate any insight.
Post: New York Wholesaling - Out of State contracts with NY LLC

- Posts 6
- Votes 1
Hi all. Quick question. May seem silly but wanted to know if anyone is doing this and can answer for me.
I have a NY LLC (S-Corp) and I recently started to explore Wholesaling only to learn that New York is an attorney state and it is more complex here. Bit of a bummer as a newb, but meh.
My question is...if I do out of state deals with both buyer and seller outside of New York, am I bound by any of the NYS laws because my LLC is in NY? If I am I would just look to get a new LLC out of state to save the hassle.
I would appreciate any feedback.