All Forum Posts by: Eliott Elias

I do not have knowledge is the Sargent market but make sure the demand is there. What does your competition look like? Are they being rented out? If so what is the quality of their product? If yours is better you can justify a higher rate, and if you want to fill vacant nights you can lower your price to competition and yours will book first every time. 

 Quick close with cash. Home probably isn't in show condition and don't want people to walk the property. 

 Did not know that, thanks for the education! Do sellers and buyers do inspections prior to putting it under contract? 

Go to meet ups, and meet your cash buyers face to face. Even if you only find two, doing business with someone you know and have met saves you so many headaches down the line. Most cash buyers you find on facebook or other social media platforms are either wholesalers or just not serious. Serious investors buy from people they know and trust. 

Investors prefer off market properties because there are not as many eyes looking at the deal. In reality off market deals are filtered through do many people before it gets to you, making it redundant. Out of state is tough for off markets, get in touch with wholesalers and join investor Facebook groups. 

I don't look for a specific return, I think more long term. For a rental, I would like for it to cover my mortgage, if I would like a better return I would put it on Airbnb. For a flip the effort and time i put in has to match the payout. Appreciation is the sweetest return 

There is no such thing as a property with no option period. The seller may not be entertaining offers that have an option period, doesn't mean you can't write one up that does have one. Sellers who ask for no option are usually trying to weed out the people who negotiate after inspection. 

 I'll be there!

Check the HOA docs

More importantly get to the sellers goals and motivations. More often than not wholesaling isn't a sales pitch, its a way to solve peoples living and life situations