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All Forum Posts by: Mike Lorence

Mike Lorence has started 5 posts and replied 54 times.

Post: Old multifamily buildings

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

I grew up on a house built in 1920.  It was fine.  My dad stayed on top of the maintenance extremely well but then again he was a blue collar maintenance guy, so he knew how to do everything.  Should I do a podcast episode about this?

Post: “Conservative UW is Dead”

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

I love this thread.  We are underwriting 25-35 deals a month for Florida.  Since we only invest in Florida, I don't know about the rest of the country; but vast majority of don't pencil.  The change from agency to bridge is indicative that "conservative underwriting is dead." :)  Should I do a podcast episode on this to go deeper on the topic?

Post: What beats apartment syndication returns for passive income?

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

Should I do a podcast episode to delve more into the topic on this thread?

Post: Military Veterans in REI

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

@James Delaney:  how long have you been in real estate investing?

Post: Military Veterans in REI

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

Calling all veterans.

Are you a vet?

Interested in networking with other vets in wholesaling?

Post here the following:

1.your real estate niche (wholesaling, flipping, buy and hold, multi family, etc)

2. Branch of service.

3. How long you’ve been in real estate investing.

My answers to this are:

1. Wholesaling

2. USMC

3. Over 10 years.

Your turn!!!

Post: Builder from Long Island

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

@Kevin Myhre - Are you still active in REI? I'd like to connect with you offline. Please shoot me your contact info to my email address which is my first name, which is mike, following by the at symbol, following by pathforgrowth, followed by dot com. Looking forward to talking!

Post: Talking to sellers

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

@Luigi Ontiveros I’s love to see your script. Just sent your connection request. Thanks!

Post: Wholesale Education- book recommendations

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

@Amanda Black I read Todd Fleming’s book “If You Can’t Wholesale After This I’ve Got Nothing For You”

Post: Proven strategies & Systems in place

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

@Ehsan Rishat  Thanks!  Have you ever used TLO or Lexus Nexus skip tracing? Results?

BTW, how many piece of mail do you send to get 1 closed deal?

Post: Direct Calling Systems and Structure

Mike LorencePosted
  • Rental Property Investor
  • Boca Raton, FL
  • Posts 70
  • Votes 42

@Denny Robert - I'm in wholesaling.  Just saw your post.  I think we can help each other out.  I sent you connection request.  Please send me your contact info so we can chat.