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All Forum Posts by: Juan Rodriguez

Juan Rodriguez has started 2 posts and replied 4 times.

Post: Lost on the wholesale road?

Juan RodriguezPosted
  • Real Estate Investor
  • Markham, Ontario
  • Posts 4
  • Votes 0

Hi Simon, thanks for your feedback. Your opinion has just confirmed my findings that this time is tough to find good deals, certainly it is not impossible, it just take more effort and resources.

Also, thanks Russell for your answer. You are right! being in the right time in the right moment is key and makes a difference. I have a question for you, please keep in mind that I'm new in wholesaling. If you were asked to describe the best 3 ways/strategies to take your marketing in front of clients, what will your answer be?

Post: New from Ontario...

Juan RodriguezPosted
  • Real Estate Investor
  • Markham, Ontario
  • Posts 4
  • Votes 0

Thanks Jaren and Tanna for welcoming to the group.

And thanks Jaren for the information, I'll go through all the web sites that you have provided me.

Cheers,

Juan

Post: Lost on the wholesale road?

Juan RodriguezPosted
  • Real Estate Investor
  • Markham, Ontario
  • Posts 4
  • Votes 0

Hello everybody, I'm new in BP. This question may be basic and simple for all of you, but here it goes. My short term goal is closing wholesale deals. This real estate strategy is new for me. I've evaluated many, many, many properties. In fact, I have gotten 3 properties under contract. When I calculated the basic ratios (e.g. CAP, CoC, etc.) I used 30%-35% from gross revenue to estimate expenses of 2-3 multi-unit residential. Reality, 100% of time expenses were under-estimated. I've been recommended using 50% to estimate expenses. If I do this none of the properties that I have evaluated or I'm evaluating pass. I've been looking in Ontario using ICX and MLS. Question: Where are the good deals? Is there a web site I don't know about? Is there a way to find good opportunities? I'm not looking for a free pass, I understand wholesaling takes a lot of work, but I feel that I'm doing something wrong. Thanks.

Post: New from Ontario...

Juan RodriguezPosted
  • Real Estate Investor
  • Markham, Ontario
  • Posts 4
  • Votes 0

Hi everybody, my name is Juan Rodriguez. I'm a real estate investor with some experience in buy-rent-hold. I'm really interested on learning and applying new real estate strategies to expand my portfolio. I'm honest, hard working and goal oriented person. I make things happen and get things done. Looking forward to expand my network, meet great people and close a lot of deals.