All Forum Posts by: Kelly P.

I totally agree with Bruce.  With the rise in housing prices the wholesale market has become depressed and good deals are few and far between.  There are wholesalers who say they are doing 10-20 deals a month in Orlando - don't buy it.  I have even seen different wholesalers market the same property!  

I have actually had two wholesalers tell me they each had it under contract and claimed to not be aware of the other.  I have seen more and more of this in the past year. Sign off a lack of inventory? Who knows. 

I use Southeast Professonal Title. Ask for Jeanna. She is great and very investor friendly. 

I automate Craigslist leads for specific properties I'm interested in buying. Lately I noticed a new Craigslist "scam" and I wanted to make everyone aware.

After seeing a duplex ad, I sent an email reply requesting more information (there was no phone number). I never heard back from the seller. Then I noticed I was beginning to get tons of "leads" for duplexes, but one in particular caught my eye. It was immaculate inside which I found odd since it was in a war zone. Also, the pics in the ad had a MLS watermark. So I copied and pasted those images into Google Images and found those pictures were from a property listed by a realtor in another part of my state, not in the city advertised. This was the first of many that I checked and all were using pics from other properties.

Lesson learned: screen Craigslist ads for authenticity so you don't waste time.

I agree with Adam - I am constantly getting emails from different companies trying to sell the same property AND with different asking prices!

I have been wholesaling for two years by doing consistent marketing monthly with good success. The first quarter of the year was good but has since slowed down. Was just curious if others are experiencing same.

I was wondering if wholesalers in Orlando have seen a slow down in responses from their marketing, particularly in the 2nd quarter.

Like Chris said, use a one-page assignment contract that specifies the amount of the assignment fee and amount of the non-refundable deposit. In Florida I only use title companies so I require the buyer to wire the deposit to them. I send purchase/sale agreement along with the assignment contract to the title company. They handle everything from that point.

Welcome!!!

Just want to throw in a correction. The website is www.sunbiz.org. Good luck!

sounds good. See you then.