All Forum Posts by: Jabbar Thomas

@Juan Rodriguez this is a very common trend amongst investors who are just getting started. Zillow in my opinion is good only in the cookie cutter neighborhoods. But in the majority of areas you it can be the difference of a two block radius and you will have completely opposite values and style of homes. However Zillow could be used as a starting point of the area. It will collect data on some important areas such as; *what are the values of the homes overall doing; *school area; *crime rate. These could be the things an investor could use as an aid. However to find the value of a home ARV, if your comparing apples to apples (like properties) the market will tell you what that house will sell for.

@Dylan Hall welcome to the wonderful world of investing. I am sure you are to do great thing in the industry. Set some goals, and work them. This New Year will bring in a New wave of success. Go get them...

@Dan Green  That's a smart move. Network and build your surroundings with people who breathe, eat and sleep real estate. Wholesaling is a great way to build up your cash reserves. Working with investors is very different from traditional sales. The difference being; investors- typically do not get emotionally attached and they are ready, willing and able to buy a property. As compared to traditional sales your working with an individual who is emotionally involved and will buy based on emotions. Hope that is helpful.

@Ahshar Sylvestre Welcome to world of investing. It is literally one of the most scariest and rewarding things you can do. I say scariest things to do because getting over the fact of just doing it, is a challenge. Most people get stuck with analysis of paralysis. I am glad to hear you declare that you will have your first property by 2017. Make a plan and work that plan; and everything you have hoped to achieve will be so. Best of luck with your investment career. Much success.

@Nick F. Hello, and welcome to BP. It is very important that you make strong connections when looking to invest at a distance. You want someone who will become an asset to your team, not someone who is just looking for a sale. Keep networking and reaching out. You will meet all of the right individuals. I invest in the Tampa Bay area, if you have any questions on the market in this side of town feel free to reach out. Or post here on BP and I am sure you will find the answer that you are looing.

Best of luck in your investing career. Much success!!!

@Kenyette Godhigh-Bell Life is definitely a lesson. It can take you every-which way. But you learn from those lessons and you grow. It sounds like you have some seasoning in the industry. I think it first starts with taking action then making the right connections. The Tampa area has a lot of investor activity as I am sure you have noticed. There are plenty of great deals, and tons of opportunity out there. If you ever want to chat and see some of the deals we have worked on, feel free to reach out. I don't know everything, but you start to see trends and patterns from looking at large amounts of properties every day.

@Yaniv Sigler  you could try looking in the FL market (Orange, Osceola, Seminole, Pinellas, Hillsborough counties). Low purchase price points, and a strong rental market. I have seen great double digit returns in the area. I would first connect with someone to be your boots on the ground. Then figure out which area has a strong rental market. Followed by, how far can you stretch the money that you have when buying these properties. Then, I would suggest finding a good property management company.

Hope that is helpful.

@Maurice McNeil Congratulations on finding the world of real estate. Your drive will be the determining factor of your overall success. Keep putting in the work, and the results will follow. I'm glad to hear of your results its refreshing and motivating.

Bandit signs are very useful. Also try mobile advertisement, such as a magnet on your car. Those are two sources that gets a lot of visibility.

@Mohamed Hersi  So, you have the concept down. You find a property at an extreme discount and you find a buyer who is ready, willing, and able to buy that property at a slightly less of a discount that you bought it at.

As to finding these buyers. There are a few free ways that you can utilize. I would first start by driving around in your local neighborhood, and looking for homes that seem to be distressed. Gather a list of those houses. I'm sure you can get a list of 30 or more houses in just a few hours. Find out the owner address, and send them a letter indicating you want to buy their property.

Another way you can find properties, is searching your local craigslist. That is a plethora of buyers and sellers.

Hope those tips are helpful. If you have any questions please feel free to reach out.