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All Forum Posts by: JJ Gritts

JJ Gritts has started 45 posts and replied 117 times.

Post: Oklahoma City Deal Maker Session

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67
Originally posted by @Kim Knaust:

JJ Gritts - can you provide details of these meetings, please?

Check out the latest post for the February meeting. 

https://www.biggerpockets.com/forums/521/topics/535398-february-oklahoma-city-deal-maker-sessions

Post: February Oklahoma City Deal Maker Sessions

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

WE HAVE MOVED LOCATIONS:  Due to remodeling at the Tower Hotel, we have moved the meeting to RED TREE CENTER @ 800 NE 63rd Street Oklahoma City, OK 73105. Please join us on 2/12/18!!

What are Deal Maker Sessions?

  • It is YOUR marketplace where wholesalers and investors buy and sell discounted real estate.
  • If you are a wholesaler with deals to move, Deal Maker Sessions™ are for you! Active, cash-buyers looking for their next deal will be looking at YOUR deals!
  • Multiple wholesalers will present their exclusive deals, often times for the First and Only time.
  • Deal Maker Sessions™ is the only real estate investor venue in town that focuses exclusively on doing deals.
  • Everyone is welcomed!

What Happens at Deal Maker Sessions?

  • Deals get done!
  • Wholesalers present EXCLUSIVE, discounted wholesale properties available for immediate purchase
  • Active cash investors find wholesale properties available for immediate purchase
  • Deals will be presented that are not available anywhere else. The properties presented at have likely have never seen been seen before and won’t last long.
  • Different wholesalers and investors are in attendance at each meeting.

Wholesalers: A projector and screen will be provided. Please be prepared to present your deals. Bring pricing data (asking price and ARV) multiple photos, at least three comparable sales, repair data and flyers to hand out to interested investors. The template used to present deals can be found on the FaceBook Group under "Files".

Investors: Please be prepared with proof of funds and bring anyone you know who’s looking for their next investment property!

Real Estate Brokers: You’re welcome to attend! Find "Pocket Listings" for your clients!

There are NO fees... NO speakers... NO coaching... NO gurus... NO boot camps... NO bidding... NO selling books, tapes or seminars.

All we do is DEALS!

Post: Oklahoma City Deal Maker Session

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

WHOLESALERS! BRING YOUR NON MLS DEALS!.... We are local real estate investors who meet monthly and share wholesale deals with each other. Come find EXCLUSIVE real estate properties that are NOT marketed on the MLS. Come Network with Real Estate Investors, Brokers, Agents, Lenders, Joint Venture Partners, Money Partners, Wholesalers, Landlords, Business Owners, Entrepreneurs and other like-minded people. Please introduce yourselves to the event organizers and bring plenty of business cards.

Post: January Oklahoma City Investor Happy Hour

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

This is a monthly happy hour that takes place the second Tuesday of each month.

Meet with like minded people from around the Oklahoma City metro to discuss real estate investing!

Seasoned and new investors are all welcomed. No Agenda and No Sales Pitches, just people talking about their financial futures.

We have people doing all types of deals across the metro from Yukon Mustang Moore Norman Edmond Guthrie Midwest City Del City and Shawnee. Come meet real investors and see what is working for them. Common topics of discussion include Real Estate Investing, Rehabbing, Wholesaling, Owner Financing, Buy & Hold Rentals, Property Management, Creative Financing, Private and Bank Lending.

Post: 50% rule and Annual Taxes

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

@Juan Rosado  Several things....first use real numbers when you have them not rules of thumb. 50% rule is typically "hey really quick does this make sense", and if it does using that formula then you go further and use the real numbers. Never buy a property using just the 50% rule. Look up tax rates on county assessor or similar site they typically post mill rates. Also you didn't take out insurance that I saw. Hope that helps a little.  

Post: Brrrr: Bank said they would refinance with a 15 yr mortgage

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67
Originally posted by @Ron Harris:
Originally posted by @JJ Gritts:

@Barrett Determan Was this a traditional loan e.g. Fanny guidelines, or a portfolio/asset based loan?  If not a personal loan please DM me the info including rates and contact for the lender as well. 

I can't qualify for Traditional anymore... too many loans! :) I love portfolio bankers!

Same issue....plus portfolios are so much easier than traditional! 

Post: Brrrr: Bank said they would refinance with a 15 yr mortgage

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

@Barrett Determan Was this a traditional loan e.g. Fanny guidelines, or a portfolio/asset based loan?  If not a personal loan please DM me the info including rates and contact for the lender as well. 

Post: Great Opportunity on 4/3 in Del City, OK

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

AS-IS Investor/Handyman special. Tons of space in this home, just needs updating to be spectacular home for entertaining. 4 Beds 3 Baths, Enclosed back patio and converted garage add tons of space to the home. Pool in back yard is dated, but equipment still works. No Repairs Will Be Made by seller, home being sold as-is. Listing Realtor related to seller.

Listing Agent:

Cathy Gritts

(405) 357-8764 (text is easier)

[email protected]

Link to property info:

http://www.cathygritts.com/property/ok/73115/del-c...

House appraised for $173,000

Post: PACKAGE DEAL OF 27 PROPERTIES (SINGLE,MULTI,COMMERCIAL) IN OKC

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

@Tarek Wazzan can you send me the details please. My email is [email protected]

Post: November Oklahoma City Investor Happy Hour

JJ Gritts
Posted
  • Flipper/Rehabber
  • Oklahoma City, OK
  • Posts 121
  • Votes 67

This is a monthly happy hour that takes place the second Tuesday of each month.

Meet with like minded people from around the Oklahoma City metro to discuss real estate investing!

Seasoned and new investors are all welcomed. No Agenda and No Sales Pitches, just people talking about their financial futures.

We have people doing all types of deals across the metro from Yukon Mustang Moore Norman Edmond Guthrie Midwest City Del City and Shawnee. Come meet real investors and see what is working for them. Common topics of discussion include Real Estate Investing, Rehabbing, Wholesaling, Owner Financing, Buy & Hold Rentals, Property Management, Creative Financing, Private and Bank Lending.