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All Forum Posts by: Jerry Puckett

Jerry Puckett has started 15 posts and replied 1260 times.

Post: How to find the owner of a Duplex

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

@Michael Ringler

If you are just looking at one address at a time as opposed to an entire list, you can easily do this on listsource for free. Create your own list> Geography> Street Name > Populate appropriate fields. Type the actual address (street number) into both the high and the low.

If nothing pops up in the count, go to the Options tab and make sure no preference is ticked on each item. Once you have something in the count, click purchase list, and in the next window add both standard and expanded property characteristics (from "other output packages"), then click add to order, then over to the right, click "View Sample record".

A window will pop up with all the info you want. Copy and paste into excel for future reference.

Alternately, you can use the map search and polygon tool to draw just around the property you're interested in then follow the same checkout procedure. You can do all of this without making a purchase, or even setting up an account. Most of the other resources mentioned will require an investment and are over kill for onesies and twosies like driving for dollars turns up.

Do it a couple of times and it becomes quick and easy

Hope that helps.

Post: Fort Worth In-ground Pool Removal

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

In my experience, your contractor will just bust the crap out of what he can, throw it all in the pool and cover it over. He'll do it all with a bobcat, so if you're comfortable with one, you can handle it yourself. Remember to punch holes in the bottom or you'll have drainage issues forever.

If you're on the West side of Fort Worth I can give you a good contractor contact, but I'd rather not post it on the open forum. Feel free to PM me.

Post: Contact & Property Lists

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

@Brian Walters

Kansas City Kansas, or Kansas City Missouri? Big difference.  

Almost no one will provide lists in Kansas due to some silly rules about using public information for solicitation. (Along with South Carolina, Montana and Idaho). The big box data companies do not want to take any chances or review requests case by case, so they just hold the entire State out of reach. I'm an authorized Corelogic reseller and cannot get data for marketing restricted areas. 

So in those four States, I usually have to go sideways through mortgage information. 

I know people still say "go to a title company for a list", and many newbies will beat their brains out trying to knock their head on that brick wall. (use the search glass and look up the hundreds of conversations about it and the frustration involved). I've been doing this for more than 10 years and have yet to speak with anyone who actually gets lists there. Stewart Title in Texas has told me many times they just don't do this, and I've closed dozens of properties there.

@Brian Walters

Post: how do i get into wholesaling houses?

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

Hey Trevon,

I promise this isn't meant to sound snarky,  but if you'd like to succeed in any version of real estate, you'll need to learn how to research.

There is no end of information on wholesaling on this site. Thousands of questions asked and answered.  All you need to do is get busy with the search glass at the top of the page and the technique will unfold before you.

When you have the basics down, come back and ask more detailed closed ended questions. In my experience this site's all star professionals favor self starters who can and will get after it, while folks who need to be spoon fed get eaten alive by the gurus and salesmen who spot a mark.

Hope that helps!

Post: Giving ownership to partner who is bringing deal, but no money.

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

@Matt Fisher

I'll play devil's advocate...

I have a partner who began as a client, then became a friend and over time we had always wanted to work on something significant together. We created an LLC together, for the speciffic purpose (acquiring and holding property) lined out our operating agreement and contingencies for walking away should either of us want to.

In other words, the moment we decided to do business together we papered up the relationship and became professional partners. Business is business and friendship is friendship. The compartmentalization works extremely well, our strengths and weaknesses balance each others to a tee, operating agreement spells it all out so there is never any question of who is responsible for what.

We are able to accomplish together things that each of us individually would struggle with. A business can survive the friendship with the right agreement, and vice versa if everything is kept in perspective.

Post: Hungry for Information!

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

Try to find the online. They have tons of great materials. I believe they've got a great following on instagram. They started from nothing and went to something like 100 doors in 7 years. 

They're also down-to-earth-Kool-Aid-drinking-pay-it-forward BPers unlike most around the site right now. 

Post: Hungry for Information!

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

@Corbin Cox

I thought I just answered this :-)...must be cross posted to a couple of different forums, 

Start easy....go back and listen to the BP podcasts in order. Even though some of them are out of date, it will show you a general evolution, introduce you to a lot of great people, give an overview of how the site works best, and put you in a place where you can start thinking things through soberly. Analysis paralysis and shiny object syndrome are your biggest enemies right now.

Hope that helps!

Post: Flippers / Investors in Central Texas

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

Congrats on your sale! Always nice to have seed money and you're thinking in the right direction.

I'd suggest using the people search function (if it hasn't been limited to Pro only), and find active BP folks there to send colleague requests to. Always works for me :-).

Hope that helps!

Post: Hungry for Information!

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

Start easy....go back and listen to the BP podcasts in order. Even though some of them are out of date, it will show you a general evolution, introduce you to a lot of great people, give an overview of how the site works best, and put you in a place where you can start thinking things through soberly. Analysis paralysis and shiny object syndrome are your biggest enemies right now.

Hope that helps!

Post: Wholesaling& Licensed Real estate agent strategies

Jerry Puckett
Posted
  • Wholesaler
  • Fort Worth, TX
  • Posts 1,335
  • Votes 1,717

I would suggest always disclosing so that you can capitalize upon it....you automatically get at least two bites at every apple and your message becomes basically buy it for this or list it for that. Even if you aren't going to work the listing yourself, you get paid legally by splitting commission with someone who will.

I would also recommend using the CAR always, I believe as you are an agent, you will be required to do so, but there is really no downside to using the contract everyone in the state is accustomed to. There is no reason the CAR cannot be used very effectively to wholesale.

Disclosures can be displayed very neatly in custom marketing pieces and be a bonus to you. The speciffic disclosure in my experience will be dictated by the brokerage you hang your shingle with.

Lastly, I have worked with MANY licensees who both wholesale and flip in addition to holding and listing, so yes, itis very common nationwide. 

Hope that helps!