All Forum Posts by: David Martin

@Kenny Bergeron Hello! Just wondering if you decided to proceed with NACA and your experience so far if so.

Thanks!

Very true! Lets get out there and plant as many seeds as possible... sooner or later it will be time for them to harvest!

@Azeez K. Thank you so much for orchestrating this meetup!!  I believe everyone had a great time meeting and mingling with other like minded peers.  I had a wonderful time and it was very much appreciated!!

Thanks!

#askBP I'm with @Jessi Hill and @Tom Shepard on "the process" especially with creative/seller financing (SF). For example, explain the steps or process when working with an out of state absentee owner that is open to SF - to getting the deed in your name. Simplify it so that we newbies can get our deals closed whether or not our seller is next door or in the next state.

The rules for newbie success when analyzing deals such as the different formulas for determining the max offer for properties under 40 or 50K and more details about what it takes to determine if a deal is a great deal. Also, if buying with SF and the terms are good, how much leverage should we give the seller on the final price? Meaning, should we ever pay near 100% of the ARV - repairs if we are able to get the terms that we want which results in good positive cash flow?

Negotiation tips about building rapport  sellers and how to present a lowball offer without offending the seller.  How do you setup your lowball offers?

Thank you!!

@Brian Gibbons Thank you for this info! My latest bookmark!

@Stephen Barton  Thank you for this advice!! Especially about building a team (which I'm in the process of doing) & establishing rapport with sellers.

Much appreciated!

@Azeez K.  Please count me in as well.  I'll be there!

Thanks!

Another great resource is creditboards.com.  You can also do a goole search for "WhyChat credit repair" and "PsychoDoc credit repair." Using these 3 free resources, I managed to wipe my credit clean of over 18 negative accounts... including collections, medical bills and judgments.  I worked "relentlessly" at it EVERYDAY for 3 months.

I went from 19 baddies and ZERO positives to 1 small bad account and 6 positives.  So my testimony is that it can be done!

The ARV is 50K. They are asking almost full retail price, especially considering the needed repairs.

Thank you for that information.