All Forum Posts by: Joy Sanchez

@Joseph M. hey, so the situation is this person that sold me the property is an investor that unloaded many properties in the United States a few years ago when she got sick. she is elderly now and needed to unload the properties in Mexico and really wanted to do it asap . we spoke about the deal for months and at the last minute she cut our original price by 1/4. she saw I was committed after I got my dual citizenship and I know she was trying to help me out.  she still has 2 more properties in Mexico , one is a house that she needs sold asap as well. I don't have the capital but am currently trying to raise it. its a two story house that was broken into and well everything was stolen . 

cheers! 

@Antoine Martel thank you! Much appreciated !!

so, here it goes. while my business partner and I are structuring our investment company and getting the LLC together ect. I decided its time to start talking to some people about what im doing. turns out a family member was a motivated seller , long story short I bought a 200m2 piece of land in Baja California with an amazing beach view. lots of development is happening. I spent the last 7 months getting paperwork together including my dual citezenship for Mexico. im finally the owner, bought it at about 12% of the value. were looking for investors to team up with and might have some private money interested in helping us develop. I've spoken with contractors and will meet with architect next month to get digital plans. were thinking of selling the project while I manage it boots on the ground. we will let you all know how it goes!!!

also , looking for quadplex to fix and house hack in east Los Angeles , let me know if you come accross one. thank you !! 

@Casey Binafard 

the gurus sell the idea of wholesaling as easy and no money down but that couldn't be more wrong. there is no guarantee return on the money invested in marketing . a wholesaler needs to do a lot, a lot of research to the local market where they are trying to find deals. you need to not only find the deal but prove that it is one to a potential buyer/investor. 

now Im not trying to discourage you, there are plenty of ways of getting started without MUCH money down .you can get a few cards made at a copy/print shop. you can talk to people and let them know what your trying to do. you can build a social media platform which is free. remember as a wholesaler your simply trying to find the deal then sell it at a commission. a friend of mine that is an agent uses their title company  to find information on houses in my neighborhood,  become friends with agents!. I ride my bike down different streets every weekend and write down the addresses of distressed homes. we run the titles and see if theres any juicy info. even if I don't get anyt great info back its the process of thinking this way that will hep in the end. 

if your hungry enough you will find a way. when I was stuck I simply went outside and looked at all the houses in my neighborhood . started paying attention to what was selling and what was sitting. I spoke with local investors and asked them what there criteria was and made a list of contacts for potential buyers. 

good luck !  

awesome ! welcome to your new family!

I sleep 4 hours a night on average but on Sundays I try and get a full 7 . everyones different but I think the important thing is getting enough nutrients to support healthy bodily function. I used to sleep a lot but was very unhealthy, stressed and overworked., now im just overworked! haha 

they are doing you a favor,  remove them from the list and move on. don't forget to thank them! haha

im 4 weeks away from getting my LLC for a wholesale company I am starting, I would love some more insight on this. thank you for posting on this subject!

@Logan Allec  thats defiantly something to look at. im willing to commute to achieve my goals, so i think might have to broaden my search a bit . thank you