All Forum Posts by: Terri Lewis
Terri Lewis has started 12 posts and replied 173 times.
Post: Solo Investing vs Partnerships: Weighing the Pros and Cons

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
I have had partners in a variety of ventures. Lately I have heard that partners are not so good. Me and 1 of my partners have gone through a difficult situation where a 3rd partner took funds for his own use in the tune of $60k. That has me quite cautious. We have 3 others wanting to join forces and get to a stronger level with the use of advantages that will help all of us. I just have that bit of concern. I will use your information and weigh out the odds in this new venture. Thanks again for a great post.
Post: Long term tenant never paid rent or under lease

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
I think each of the replies could work. He probably helped when it was needed. Sounds somewhat like he either doesn't know what to do or is just riding the situation out how he wants to. Main thing is, it is not his house to live in unless he pays what you feel is fair.
Post: New to to Wholesale - Where can I get a list of properties?

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
I have a list of 6 Pre Foreclosure from the Carmel area. It is in Excell format. If you'd like me to send please give me your email.
Post: New to to Wholesale - Where can I get a list of properties?

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
There are programs such as Batch Leads. They have an annual fee but you can get all types of lists off of there. They also have some methods to do marketing from the program. There is also DHM. They have something similar. I can send you a small list and let you see what I am able to get. Our company is in Northern Indiana!
Post: Looking for property managers and contractors Union City IN

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
I am looking for a good property manager and contractor for Randolf County Indiana. Looking to help an investor in the area. We are a little too far from there to help them but I'm sure there are some others in the area.
Post: Hey BP Fam! Would you review my Purchase & Assignment Contracts?

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
I was able to open. I am not a realtor but the contract looks fine. One thing to do when signing if to add at the buyer signature "or assignee" clause.
Post: Hey BP Fam! Would you review my Purchase & Assignment Contracts?

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
I am not able to open your offer.
Post: Hey BP Fam! Would you review my Purchase & Assignment Contracts?

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
Hi Tony, I'm not sure in CA. They do have several different laws with respect to other states. How ever most "realtors" make that statement. If you caught someone on an off day, it might of been easy for them to just say that. When you wholesale it is basically an "assignment of contract". So you are assigning the sales contract over to another buyer. There should be some contracts needed in the "file Place". Some of the uncertainty you are going through will fade with making both good and bad attempts. That is the main thing. TRY what ever. Learn all you can from the podcasts, but most important try. Meet some investors in your area. When you run into any negativity, brush it off.
Post: NEIGHBOR DIED, HAS HOME W/ LOAN AND NO FAMILY, HOW DO I PURCHASE

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
Yes, I was trying to obtain it as a short sale. I use to be a realtor but the broker I was with didn't do much with any REO's. I did use the paperwork that was suggested, but I did not know that a hardship letter was also needed. This is the second pre foreclosure we made an offer on. We also use to work for the banks. Seems like some are just essier to work with.
Post: what does lender, "united states of america" mean

- Flipper/Rehabber
- Elkhart, IN
- Posts 197
- Votes 41
Thanks, that was along the linens of what I was thinking. Is there a way to obtain these?