All Forum Posts by: Jared Polk

• Hello BP,

I have been in the business for almost 15yrs, mainly as a flipper but at the moment, I am just getting my Wholesaling business up and running. I have Inbound Leads coming in from around the US, all of whom are motivated sellers. I need someone that is honest, a good communicator, and willing to put in the time to comb through these leads and lock up contracts. This is a commission based, remote opportunity for anyone that genuinely wants to make some money in this business w/ out any overhead. I recently had a bad experience w/ a dishonest employee and its left me trying to scramble to catch back up. I have all the necessary software, etc. to be successful. Its really just a matter of not enough time on my hands. Experience in using CRM software is a requirement.

My company is ROAR-Real Estate Opportunities Aiding Rehabilitation. I fell in love w/ the business so its enjoyable work but I'm also in it to create enough passive income to reach FI as well as my Big Picture Vision of providing assistance to those who need a helping hand, from our underappreciated Veterans, Victims of both Domestic Violence, as well as our failed Justice System that are trying to turn their lives around. I want to create Win-Win solutions for our clients and leave each community better than it was before doing business there.

Anyone interested please shoot me a message or give me a call and we'll figure out if this is the right fit for both parties.

I'm way past reading books Mike. I've been in the business for 15yrs. I started out as a flipper back in my 20's. I just meant that I'm not the expert on creative finance and this is a high value deal so I'm trying to use what resources are available to make the most of it. Thanks

That's awesome, at 24 and already knowing what you want to do and having it be REI, you're gonna do well...Now, first off, forget about cold calling, texting, etc. That is just annoying and liable to get you sued. You said you have some experience in digital marketing, right? Bingo! When your leads are people that are contacting YOU because they actually WANT to sell their homes, you've already won half the battle. Now, granted they may not always be realistic about the value, it may not fit your criteria, etc. but Inbound Leads is where its at brother. I'm here if you want to hop on a call and I'd love to hear about any progress or challenges that you've had.

I just came accross this post and am very surprised and a bit dissapointed to see you only received one reply. I've just started out in Wholesaling but if you are still interested in the niche and want to hop on a quick call, I'd be glad to talk and see if there's anything I can offer. I can tell by your post that you already have the right mindset of not only trying to be successful and realizing you may need some assistance but also listing your experience and ways that you can contribute. Too many people want to ask for favors w/out pausing to consider if maybe the person they are asking could benefit from something they possess, as well. I salute you for that.

Sorry to hear about your negative experience! I feel for you, as I just had one myself. I have an opening on my team if you're interested don't hesitate to reach out.

I just started out in wholesaling and have come accross a possible opportunity w/ a motivated seller, a beautiful property, and upside potential. The owner is open to creative ideas and I think there is definitely something there but I'm not experienced enough in this to know how to structure it or if the options that he's put forth, are the best options. If someone wants to take a look and see if we can work something out, I'm open to suggestions!

Investment Info:

Single-family residence fix & flip investment in Ontario.

Last deal was a joint venture w/ another investor/realtor. It's been a long time and I lost the info/photos on my old computer but basically over about 3months from purchase to sale, we took a 3br 2bath and added a br, new paint, carpet, few other cosmetic upgrades and cleared about 50k profit.

What made you interested in investing in this type of deal?

I attended a seminar by Armando Montelongo (it was actually awesome but I hear he's unfortunately fallen on hard times) in the middle of the Great Recession and we toured the Inland Empire where we became very familiar w/ a few neighborhoods, costs, etc. We learned a bit about rentals but mainly flips and so it was what I was more confident in executing. Oh, and this was at 25yrs old!

How did you find this deal and how did you negotiate it?

I actually came across a post on a forum Armando used to have on his website by my future partner and after meeting him, seeing the property, and running the #s it was an obvious opportunity and my partner not only managed the rehab but for every dollar he went over our budget, covered it AND through in his commission as a realtor on the sale.

How did you finance this deal?

My late father and I bought it cash. Well, my father did and cut me in for finding the deal and dealing w/ our new partner.

How did you add value to the deal?

Adding another br and cosmetic rehab.

What was the outcome?

Successful. Cleared about 50k after just over 3months start to finish.

Lessons learned? Challenges?

By adding a br, we increased value BUT we ended up w/ nowhere to eat! The house stayed on market probably another month due to this and some of the value was lost.

Thanks guys, 

I am already attending events but figured it can't hurt to post in BP. I honestly have attended 4events in past 2 wks off Event Brite or Meet Up and 3/4 were bogus.  I did just join a Mastermind Group so I'm optimistic about that!

Hey Stephanie,

Welcome to BP and thanks for your post. I'm in the area and currently looking to do a flip in Inglewood/or LA. Let me know if you have any leads and lets put our heads together to see if we can make some money!

Hey BP,

I'm an aspiring REI with one flip under my belt a few years back in the Inland Empire but am currently focused on the Inglewood/Los Angeles Market. I've got a great contractor and am willing to put in the time to make something happen but am looking to add value to something, not just grab something retail and hope for the best. Any wholesalers or other investors looking to partner up and make some money, please call or message me so we can discuss strategies. Thanks!