All Forum Posts by: Elio L.
Elio L. has started 20 posts and replied 194 times.
Post: Wholesaling to cash buyer represented by agent
- Miami, FL
- Posts 200
- Votes 42
Definitely possible. I find it easier to mark the property up by the agent's fee (3% to 5%) and have them offer it to the end buyer that way. Or, as the poster above stated, you can have the agent mark the price up by their desired commission.
Another possibility would be to have the agent act as a partner on the deal and get paid with a JV agreement after closing. That way, the agent does not have to split their deal with their broker. Check your local laws on this one...
Well, see what the land value is. You may be able to make an offer to purchase the property subject-to the existing loan. Has the home owner filed a claim for the fire damage yet? I'm not sure about this, but it may be another potential profit center.
That's awesome. Let us know how it goes!
Post: Target ROI and % of costs on Flips
- Miami, FL
- Posts 200
- Votes 42
I find a 15%-20% roi to be the sweet spot. Don't over complicated this stuff.
Post: Anyone Mobile Home Buyers Near Clewiston, FL?
- Miami, FL
- Posts 200
- Votes 42
I've got a hot lead for you mobile home buyers near Clewiston. Seller needs to relocate yesterday. I don't do mobile homes, especially that far out from Miami. Call or email me if you're interested.
I think it's much too long. Have a look at Chris Feltus' guide here.
http://www.biggerpockets.com/renewsblog/2013/05/03...
These people are probably getting mailed to from a slew of other investors... Keep it short and sweet, and it will actually get read.
Those are just my thoughts.
Post: Direct mail campaigne on a limited budget.
- Miami, FL
- Posts 200
- Votes 42
Try to market to a more targeted list...
Post: Not On MLS - Luxury Discounted Rehab in Coconut Grove! Only $889,000
- Miami, FL
- Posts 200
- Votes 42
Price has been reduced to $824,900
Post: Not On MLS - Luxury Discounted Rehab in Coconut Grove! Only $889,000
- Miami, FL
- Posts 200
- Votes 42
3770 Kumquat Ave Coconut Grove, FL
Click Here For More Photos
Large 4014 sq ft Modern luxury home in Coconut Grove!
Construction 90% completed in 2005. Phenomenal rehab with big returns!
Quiet street but minutes to downtown Miami, Gables and Coconut Grove. Walk to the excellent local schools.
Comps are 1.2mm -1.6mm 5 bedroom 4.5 bath with POOL.
Only $889,900
Call Elio at 786.571.5735 or email me at [email protected]
Post: What are YOU paying for postcards?
- Miami, FL
- Posts 200
- Votes 42
I've found a company out of Arizona that will print 2500 5.5x11 full color postcards for .16 each. They don't charge a flat rate for postage, they will actually only bill you what the usps charges with their bulk mail rates. I believe that it was .26 each on average.
Michael Quarles and yellowletters.com will get those yellow card stock postcards out of the door for less than click2mail, plus he provides a 10% discount to bigger pockets pro members.