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All Forum Posts by: Jason Dillard

Jason Dillard has started 33 posts and replied 520 times.

I have a company that fits your needs.  Call 864-444-7650. 

Post: Where Are You Renting Greenville SC

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

All areas for right price or terms. 

Post: Greenville, South Carolina leads and deals

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

I am

Post: Fending off nerves during the inspection period?

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

Talk to experienced landlord in area to verify rent rate and perception tenants have of neighborhood. You can email me.  

Post: My name is McKinley Adams and I'm from Greenville, South Carolina

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

I love Ron Legrand.  Let me know how I can help you.  

Post: Becoming an Entity (LLC or SCorp) a smart start?

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

Protect Your Assets With a Land Trust | CCIM Institute

http://www.ccim.com/cire-magazine/articles/protect...

Post: Becoming an Entity (LLC or SCorp) a smart start?

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

We use LLC for keepers and S-Corp for flips. However, is it worth the expense of having them in the beginning? The tax preparation and bookkeeping for each company is costly. If you already have something to protect then maybe it's worth it. If not, focus on deals for the first couple of years. In the mean time, buy an extra 1m in liability on your existing insurance policies(it's cheep). Get your personl home out of your name into a land trust now. Later, meet with CPA for specific advise you're looking for.

Post: Stumbled into inherited equity: how would you handle this?

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

Call me in morning. 444-6750.  I'll send you a contract and help you determine value.  Text if you miss me. 

Post: Could wholesaling become extinct?

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270
Originally posted by @Richard C.:
Originally posted by @Gerald W mcgee:

OK to start out with we all know that wholesaling is one of the easiest and less risky part of investing and that's why most beginners start here. 

And by the way, we do not "all know" any such thing. Because it isn't true.

The expected return on investment of a direct mail campaign is almost certainly lower than that of paying for a licensing class. Especially at the lower end. People who have a couple thousand dollars to their name and spend it trying to wholesale are suckers at best. Chances are extremely high they will get zero deals. I bet the expected ROI from buying 1000 lottery tickets is higher than the expected ROI of a $1000 direct mail campaign.

I'm entirely serious.

The easiest and lowest risk route is to get a license.

 I must be the smartest or luckiest real estate investor ever.  Some how I accomplished this most difficult and risky endeavor.  I mean, the rentals with tenants that didn't pay and the flips where the builder died were so safe and easy.  The obligation of making a payments to a bank for 360 months and the down payments that could never come back were so appealing that my wife loved me so much more than before.  And when I got my real estate licence, the buyer and seller clients flocked to my office..........

Wait, I just got carried away. It was the deals with no money at risk that was easier. The contracts that I didn't release the contingency until I had replaced my earnest money with my buyer's money, that had less risk. It was work and it took some advertising, but every business takes that. The cool thing about this business is if you can't afford to advertise, then you can make offers with agents, FSBO, or call every craigslist post for free.

Oh, and the short sale seller's that always provided just what we needed for the bank to discount every single time.........

Post: Could wholesaling become extinct?

Jason DillardPosted
  • Real Estate Broker
  • Greer, SC
  • Posts 548
  • Votes 270

That's a good point. However, I don't try to make a profit selling seminars.  The room cost more than what the attendees pay.  I'm actually teaching newbies how to wholesale deals and my hope is that they will call me first.