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All Forum Posts by: Ken T.

Ken T. has started 21 posts and replied 81 times.

Post: Quick flip home recently renovated in Trumbull, CT

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

Good House Deal in a Prime location in Trumbull, CT.

This home has great curb appeal and needs minor updating/repair.

Large corner lot on a great street.

Conservative ARV.

Quick flip home recently renovated.

Contact to [email protected] and [email protected] if interested

Post: Showing a wholesale property

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

@Josh Robbins ohh man, its been a LONG TIME, When i was there the houses were in reallly bad shape.  Holes in the wall, but we didn't care, we were paying $350 in rent.  The hot streets were myrtle and the one that was a block north of it, started with an H... but times have most likely changed, sorry i cant give you any better advice.

Post: Showing a wholesale property

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

@Rob Beland Ps i went to fitchburg state college

Post: Showing a wholesale property

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

@Rob Beland agreed! besides being conservative i always include hard money loan coast and closing cost.

Post: Showing a wholesale property

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

I know Wholesaling has been a hot topic lately but if it's done right it can really make people happy and make things easier for sellers and investors.  Okay my pitch is done,

I am wondering how other wholesalers show properties to investors without feeling like they are bothering the seller.  Yes i am upfront about what we do but showing 2 or 3 investors over a period of a few days and doing an inspection can be a burden on the seller (especially if they dont live there) , yes if its a deal it'll sell quickly but investors still need to see it and inspectors still need to inspect.   So my question is, have any of you shown a property to multiple investors at the same time to make it easier on the seller? or is that a bad idea? 

Post: Facing foreclosure

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

Signals are implied to tell us homeowners facing foreclosure needs to sell. That's motivation. That's what we need. 

"I'm behind on my payments."

"I thought the bank took it."

Let's share what other signal lines do we need to keep an eye.  

Post: Wholesaler Misrepresented himself

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12
Originally posted by :
Originally posted by :

 let me ask you, are they representing others if they double close? I know this isn't what happened but the end goal is the same exact thing.  They wholesaler still would have backed out of the deal if they did not find an end buyer so according to most its "morally" still wrong but 100 percent legal.

 Hi Ken, like high school hey? It seems to me that you are the one that was giving out a Test - to John and Mark. But really, you fell into THEIR trap when you asked "are (Wholesalers) representing others if they double close"? Because, none of the Wholesaler-bashing around here refers to Wholesalers who DO double-close! And if that's how YOU do it, everyone tips their hats off to you. See you around the playground...

 lol, huh? I thought we were done bashing wholesalers haha, I just had a legitimate question, not so much a test. and it was answered.  I was just wondering.... but it doesn't really matter because when double closing the wholesaler still markets the property before closing (which is where legal problems can arise).   hey lets be honest, real estate is a big playground :) i just wish everyone played nice.  

Post: My First Deal? I Got Hosed......

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

man that stinks! did you do anything to remedy the situation? is it possible to sue?

Post: Hi All

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12

Welcome to the site! tons of great info in here, let me know if you have any questions.

Post: Wholesaler Misrepresented himself

Ken T.Posted
  • Developer
  • Astoria, NY
  • Posts 88
  • Votes 12
Originally posted by @Brent Coombs:
Originally posted by @Ken T.:
Originally posted by @Brent Coombs:

@Ken T., you have tried very hard throughout this thread to defend Wholesaling, but then you said: "The wholesaler still would have backed out of the deal if they did not find an end buyer so according to most its "morally" still wrong but 100 percent legal". Do you REALLY defend wholesalers who renege?

You also posited: "let me ask you, are they representing others if they double close"? But why ask that? Sellers couldn't care less whether there is a single or double close. But no sort of closing happened here! THAT is what is INDEFENSIBLE! Do you get it?...

 I wasn't asking to defend or support and i wasn't talking about this specfic situation, they were legitimate questions.  cheers

 But now that I have called you out regarding THIS situation, what say you?...

 Called me out? what are you trying to win something? are we in high school? i don't quite follow how my question has anything to do "with calling me out"  

this is my stance..There are legal ways to do wholesaling and i will defend the legal process until i'm blue in the face.  wholesaling isn't wrong, bad, or illegal if done properly.  my whole stance in this post has been this guy "went about it the wrong way" and "what could he have done to go about it the right way" and "don't assume every wholesaler is like this."

im sorry if i confused anyone with my goals in this post.