All Forum Posts by: Jorge De Jesus

Depends what your market commands. Yea, ARV is X but as a wholesaler you know Johnny M buys in your area for appreciation, his strategy not mine. So you know you have at least 2-3 buyers willing to pay more because of the area. It’s not that black and white

I’d be happy to help if you have any specific questions!

Dan Roma pm me I’d love to walk you through some opportunity for improvement areas

I guess what I’m saying is I’ll probably partner with them

I had someone offer to do that in the same situation, don’t know how I feel about it. I’d probably be more comfortable if they are compensated at closing. This particular person wants to learn what I do

Does anyone have any recommendations for outsourcing work besides upwork? Need some excel and PowerPoint work done. Thank you in advance

Originally posted by @Steve Vaughan:

Originally posted by @Jorge De Jesus:

Define wealth

 To me wealth is measured in time. How long can you go without a paycheck and maintain your lifestyle?

Most in the US have like 2 week wealth, if that.  Super wealthy to them would be 4 months and a lot of them look 'rich' in nice houses with nice cars and toys.  Sad, really.

Rich is a measure of income, wealth a measure of time.  My view anyway.

 So a happy medium between lifestyle cost and passive income

I would go on my county’s tax assessors website to get an idea. Then I’d call a developer or fix and flip investor in my area and buy them lunch or just bluntly ask what they believe to be the value of the dirt because they will more than likely be your buyers anyway. If it sounds like a good deal lock it up, check the appraised value first and then approach people for advice

Calling for rent signs that aren’t from a PM but the ones you can buy at Home Depot. If it’s a duplex triplex...

Purchase price is, in our case, the assignment fee plus whatever monies to the seller. Plus setting up the service to the debt. Not an assumption.