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All Forum Posts by: Jim Sakalis

Jim Sakalis has started 1 posts and replied 113 times.

Manson,

It will look different to reach that you reach out to. Hopefully you have good business relationships established with them already.

Do you have your 4 rentals in a land trust? If not put them in a land trust then you may get around that rule.

Jim Sakalis

Aaron,

I don't mess with anything less than 20% returns on any real estate investments.

Jim Sakalis

Post: 24 hour recorded message

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

Natalie,

Google search it and you will find several 

Jim Sakalis

Post: Branding/Marketing

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

Jason,

I think I am giving away the farm on this one, but visit fiverr.com you can get a lot of things done on the cheap and nice quality as well.

Your welcome

Jim Sakalis

Post: Finally on BP - Newbie from Cincinnati, Ohio! :)

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

IIan,

I'd love to connect and help

Jim Sakalis

Post: 3 properties for less then $150K total

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

Dave,

Hopefully you have some good relationships with your local lenders.  If you have the same lender do all 3 for you it may be worth their time.  Otherwise I would check out a local credit union or smaller bank that takes care of their customers regardless of loan size.

Good luck I hope that works out for you.

Jim Sakalis

Post: New to Real Estate Investing

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

David,

Get yourself some bird dogs doing drive by of your local areas.  You can pay them $10 for every vacate house they provide with address and photo. You then search tax records for the owner and contact info.

A lot of leg work, but once you get your first deal that way you will be addicted

Jim Sakalis 

Post: 25K should I pay down mortgage or invest at 7%

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

Rob,

Not when we average 18-24% rate of returns

Jim Sakalis

Post: Co-Wholesale Agreement Contract

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

Vinh,

What are you trying to do exactly?

Jim Sakalis

Post: Using a letter of intent/1099 with a cash buyer

Jim SakalisPosted
  • Investor
  • Flint, MI
  • Posts 148
  • Votes 58

Armand,

Use a standard " Subject to" contract

Jim Sakalis