Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Elio L.

Elio L. has started 20 posts and replied 194 times.

Post: Assessing Office Space Market Demand

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

You can find answers to those questions and more with a Costar account. It slashes our due diligence time when looking at commercial opportunities.  

Post: How to Double-Close when Co-Wholesaling: Also a Broker Involved?

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

If you need to keep your fee private, don't mind the additional risk, and the amount you are making justifies the additional closing costs, buy it from the wholesaler who has the contract and then close with your buyer.  It ends up being a triple closing!

I've had wholesalers do this with a couple of our wholesale deals. When the dust cleared and I checked the property appraisers site, they've often made a substantial amount more than we did. 

Post: Wholesaling and Realtors?

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

It doesn't matter. Just make sure to get the agent his/her commission as per the listing agreement. 

Post: appraisal 5k under contract price - advice?

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

My first option would be to try for a price reduction for $5k (or a lesser amount). Are you paying for closing costs, if so, maybe you can get them to cover that?

Post: ADVICE NEEDED! All-in Wholesale vs. Job + PT Wholesale

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

I'm sure they're out there, but I have yet to meet a successful part time wholesaler. 

Post: What Next? After you have driven around and found empty houses?

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

Sort for equity and make sure that they aren't underwater. Then mail the owners at the address listed on the county tax assessors site. Skip trace the returned mail.

Post: HML - How to Come Up w/ Out of Pocket Costs

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

I'd get on the phone and ask friends, family, and people in your network. Don't count anyone out. You may end up finding enough money to finance the entire flip. 

Post: Please help! May have found my first wholesale deal

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

You need to contact a probate attorney to facilitate the transfer of the deed. Ours charges us court costs up front (about $500) and gets paid an additional $1,000 to $2,000 once the property is sold. 

Post: IN NEED OF WHOLESALE DEALS MIAMI-DADE & BROWARD COUNTIES

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

We've got South FL wholesale deals. Call or shoot me an email if you'd like to talk.

Post: Vacant property owner's contact information search

Elio L.Posted
  • Miami, FL
  • Posts 200
  • Votes 42

Sounds like it's bank owned, I wouldn't waste my time trying to find contact them.