All Forum Posts by: Anil Samuel

Can you elaborate on the job description?

I look for foreclosures or short sales that will provide gross revenue of 2% per month of the purchase price.  When analyzing the numbers if they make sense I am calm and know I can execute.  I am an engineer so I do dwell on the numbers, but if I know the area then I will pull the trigger, I am anti-analysis-paralysis.  

Prachel,

I was never considered getting my RE salesperson license. However, once I came to this site and after managing two properties, I definitely think getting your license would be helpful as an investor since you will be able to control the deal. Meaning you can increase the speed of searching the MLS, touring the property, and the putting in a contract on a property without having to wait for anyone. So yes I think it would really useful depending on how you plan to find investment properties.

Anil

are you looking at cap rate or cash or cash return or net cash flow?

@David Jackson.  Thank you for sharing your inspiring story.

@Mike Webb Truly inspiring story.  I hope to complete a wholesale deal soon!

Welcome!

 Congrats! I am glad you shared your experience.  I would like to do some wholesaling.  What do you think is your most effective method of lead generation?

I have a row home I have purchased and I am looking someone to find the rehab.  Please let me know if you are interested.  It's a 3/1 approximately 1200sq ft with basement. 50k in rehab.  Already approved to refinance once complete.  Looking for a person to work with long term if this one works out.  Most comparables in the area are low since most people are rehabbing and renting out.  

Close to Polk Parkway, USF/PCC campus, Publix, and Top public schools; 15 min to Lakeside Village which has many fabulous restaurants and stores. This huge Three Bedroom Home Has Some Fabulous Features: Huge Backyard, Screened Porch, Hardwood/Tile floors, Brand New Hot Water Heater, Cool AC , Updated Plumbing. County Water, Inside Utility Room with W/D hookup. Very Spacious Dining Room, Family Room & Master Bedroom. Newly Remodeled Bathrooms.

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MOVE-IN: $1100 + $1100 Includes 1st/Last Month Rent Plus $25 APPLICATION FEE/resident; Must make 3 times the rent to qualify. No Smoking.