All Forum Posts by: George Laboy

Can someone suggest a reliable lead generator? Im looking to purchase leads online for the first time and im alittle sceptical.

Thank you 

Hello everyone my name is George, I've been real estate investor in Albany for about a year an half now. Looking to connect and meet some other investors. 

Thank you for your response Travis, i honestly don't know what i should offer her, she owes about 64,000 on her mortgage and she paid 70,000. I do not want to attempt a short sale because i do not want to damage her credit, i was thinking about wholesaling this deal to an investor who will just take over her payments and rent the place out. When signing the contract do i write the amount for only my assignment fee? Is it a different contract that i should use? The place isn't in much distress just a couple of worn cabinets, a small hole in the ceiling due to a small water leak, and the sidings could use some cleaning. She is motivated to move contingent upon what i have to offer her.

Hi Everyone, 

i have a bit of a situation and don't really know what i should do. I am currently in discussion with 2 homeowners who have similar issues regarding the homes they want to sell. Both homeowners have a mortgage on the property and need out quick, one property already has 2 tenants living their and collects 2,200 every month and the mortgage is only 1200. However the owner pays the utilities and is facing a divorce so whatever is left over goes directly to the wife. The other home owner is a woman that needs to leave her home because she wants to move down south to take care of a sick family member. I do not want to landlord any of these properties because seeing as i am still starting out if something goes wrong in the house i will not have the money to fix it. So i want to put them under contract and sell the contract but don't really know how i would go about wholesaling these deals can anyone help?

Well i put the house under contract for 7,000 but like i said it is in shambles. It is also in a really rough neighborhood. So i kind of gave up on that deal now i want to move on to the next one which is a lady that wants to sell her home to me but has 2 mortgages how should i go about this? Im in the Albany, NY area is that helps any... thank you

Hello BP,

      My name is George, I am a part time college student finishing my degree in business administration. However I would really like to be a real estate investor full time right after college and I figured the best way for that to happen is to become a wholesaler. So far I have taken Mark Whitten's training course and it was extremely resourceful, however when you begin to apply the techniques you realize its not as easy as it seems especially without an actual mentor. I currently have had one house so far under contract but it was a complete dump and no one wanted it. i am having a pretty difficult time finding goods deals, which sucks because i already have a great list of buyers that are eager to work with me. i have put up bandit signs and have received some calls but I guess this is where i am stuck. can anyone be of any help on what i should do next?