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All Forum Posts by: JPaul Mills

JPaul Mills has started 13 posts and replied 230 times.

Post: New Pensacola BP member

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

@Devin Cohan

Welcom to the site(3mo ago) and welcome here to REI in Pensacola. If you are looking for a good REIA then come join us at the Pensacola PIG Geoup. Professional Investors Guild. Check out pensacolapig.com. We meet at 6:30 at the Pensacola bay center on the second Tirsday of the month. I hope to see you there. I'm a local wholesaler on this area and I have meet many people I have done deals with in that group. See you soon bud

Post: Vacation Rentals - Right Under My Nose

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

@Adam Shielda

 A wholesaler here in Navarre. What are you looking for in an investment property?  Buy and hold or fix n flip?  I have a couple of properties under contract right now that you might be interested in. One here in Navarre and 2 in Pensacola about 30min west of Navarre. Please get my info from my profile page and shoot me a text or call me when you are here. 

Thanks

hello all

I'm in search of a closing attorney here in FL , preferable in The Pensacola area, that will allow me to do a wrap around mortgage.  I bought a deal with owner financing and I have a buyer lined up that I'm selling to with owner financing.  I just  need a closing attorney that will do this for me.  Thanks for any advise or guidence.

Post: The 1-2% rule vs. CAP Rate

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

@Account Closed

How can I calculate the cap rate on a property

Post: The 1-2% rule vs. CAP Rate

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

Post: The 1-2% rule vs. CAP Rate

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

Ok all you seasoned, or not so seasoned, buy and hold investors. Im a wholesaler and I have just sent out a mail campaign for multi family units (2-6 doors).  Now I have heard of the 1-2% rule of making sure your buyer is getting at least that per month on their money, but now I keep hearing cap rate cap rate cap rate!!! 10-12% cap rate is the target mark I hear.  What is the better formula for you and why?  I'm pretty comfortable with the 1-2% rule but I'm still iffy on cap rates. Let me know your thoughts and if you seek cap rate please tell me the best way to find them. Thanks

Post: Flipping Houses You've Never Seen?

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

Love it Matt. Truly blessed to be under your mentoring. 

Post: New member from Dallas, TX area AND Northwest Florida

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

@gary

Wowo that was a short story but a good one. Haha. I am a wholesaler here in NWFL. I focus from Pensacila to Destin. I'd lie to add you to my buyers list to send you some deals. 

Post: Finding (& Closing) Private Money Lenders in Your Area

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

what what.  @Matt Robinson you know I'll be FRONT AND CENTER and you know I got some deals to announce. 

Post: Looking for an attorney

JPaul MillsPosted
  • Wholesaler
  • Navarre, FL
  • Posts 252
  • Votes 86

@Bryant Butler

I've been wholesaling for almost a year 

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