All Forum Posts by: Jose Diaz
Jose Diaz has started 30 posts and replied 218 times.
Post: Where to find Municipal Code for Bandit Signs?
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Thank you all. I will look more specifically within those sections.
Post: Where to find Municipal Code for Bandit Signs?
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Hello everyone. I wanted to know where online can I find the specific municipal codes for bandit signs? Is it under a specific section in the code for signs? I did some checking online however found nothing specific yet.
Thank you
Post: An Investor's Greatest Enemy?
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
We are our own worst enemy. That can definitely change of course.
@Lekisha Cole BP has a couple and if you search the internet you will find some interesting ones. Sean Terry also has a podcast describing word for word his PS agreement
Post: Wholesaling to a financed buyer
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Originally posted by @Michael Campbell:
I have a house under contract. I was going to wholesale it to a cash buyer. Instead I found a guy that wants it but needs to finance it. His lender does not want to have any other party involved... i.e. an assignment contract. I was thinking that the buyer can just pay me to cancel the contract with seller and then get a new contract with the seller. Has anyone ever done this and would anyone have an agreement that could be used to do this?
Thanks
Mike
There is no certainty the buyer will pull through with the sale. You have much higher chances with a cash buyer. Maybe refer them to a hard money lender or private money to purchase cash then they refinance out of it later.
Post: Wholesaling not as no money as I thought.
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Thanks to everyone for responding.
Post: Hey There!!! ***Newbie*** Real Estate Investor in South Florida
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Welcome to BP! The amount of information is tremendous. Use all of it.
Post: Wholesaling not as no money as I thought.
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Originally posted by @Russell Ponce:
As you know there are different approaches to this business. When I first started I bought a couple hundred dollars worth of bandit signs and they lasted me a year. I got my first deal with a $1 sign, a free contract, and great rapport with seller.
Customized contracts are a nice accessory but dont let them hold you back. Wholesaling is a great opportunity for us and glad you want to run it like a business, your integrity shines through. Maybe get some free contracts and ask their opinion, I cant imagine they charge for that.
I just chose the one I liked and had seller initial each line to solidify the agreement.
Yes Russell, I am going to create or modify a contract and take it to my next local REIA meeting in hopes of getting someone to look it over for me. Good to here it worked out for you.
Post: Wholesaling not as no money as I thought.
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Hello everyone. Today I met with a real estate attorney/ title company to build my team. Ask about drafting contracts and to do that would cost $250/hr. That's when in my head I said, s*@t another road block. I keep reading post where most investors suggest attorneys to review or draft contracts for compliance, legitimacy and legal protection.
So wholesaling requires a lot more money to get started than is really mentioned. Of course, this is doing it the right way. The way a business should be done. Then, there is marketing. Gotta figure out how to pull this off.
Post: Realistic first year wholesaling goals
- Renter
- Hialeah, FL
- Posts 239
- Votes 27
Originally posted by @Tim Leslie:
@Jose Diaz Very attainable! Best of Luck!
Thanks.