All Forum Posts by: Duriel Taylor

@Gerald Green I would communicate about mutual business opportunities. I look forward to hearing from you if you are still interested. Take care.

Regards, 

@? 

@Mitchell L. Per your post you mention in broward county one could pull records in regards to property (deeds, probate, lie , etc)via website. Which website is that? I do not mind going to the court but If I can get the same services while on the go and or home that will be ideal for me. I look forward to hearing from you soon. Thank you in advance. Take care.

Regards, 

@Joey Vito 

I am also in the broward, miami, and Palm beach areas. Per your post you were seeking investors, let me ask were you able to connect with potential investors? If so I would be more than honored to collaborate on deals in the near future. I look forward to hearing from you soon.

Regards, 

@Tanya Jackson-Brown 

thank you for your feedback. I will take your advice and execute my plans around those notes you made. take care and God bless with al your business endeavors as well. 

Regards,  

@? 

@Ned Carey thank you for the feedback. I would also take your advice with finding deals. Take care. And I invite you to continue communicating with me in regards to whole selling. 

Regards,

I believe I have the foundation of wholesaling but I still have a few questions and or concerns. I will explain in my own words with easy numbers and anyone out there please give me your professional feedback. I find a house for $10, in an area that the comps are $20. Thus I or my end buyer (investor) and inform them this property needs renovations/repairs to get the $20 mark which will cost $3. Now the end buyer will have to put in a total investment of $13. Once agree with my end investor, I offer the seller $7 for the property and closing in 30-60 days or once it pass inspection(s). Now I approach my end buyer and sell to him/her for $9.. Then he/her accepts my offer then I buy it from my seller for the $7 offer and I profit $2 on that deal. And my end buyer could potential make $7 from this investment.

Now my questions are:

-How can I ensure the end buyer do not simply contact the seller him/herself and purchase it for less?

-Here in Florida in order to collect a commission on a deal; one must have a broker (realtor) license, is that the case or that does not matter?

-Where can you find deals this low? Not for a few dollars but so low from market value that investors do not already know about? 

-What if you can not find your end buyer within the allotted time, how can you ensure theres no penalties on your end? 

-Does one have to put up funds to "hold" the property for XYZ days/weeks/months? And is that money refundable? 

I look forward to hearing from any and everyone's feedback. Thank you for your time. 

Regards, 

@Kerry Baird

@Andrew S. ,

Thank you for your feedback. I understand where you are coming from I simply wanted to get my feet wet and I threw caution in the wind. But I will say I have learned so much from this property that every deal after will be a perfect fit for me and the numbers will be real estate expert approved. I encourage you to continue to share your knowledge with me in the near future. Take care.

Regards,

@Kerry Baird 

Thank you so much for the feedback. Let me ask; after the second year of my tax return would I then be considered by your firm for financing options? Also when you mentioned the "house hacking" should I search on this site or another site/google? I look forward to hearing from you soon. Thank you in advance.

Regards,

@Chris Kennedy 

Thank you for your feedback. Unfortunately I do not own my property free and clear; I have a mortgage on it. I have been paying on time since December 2013. Currently I am enrolled at FIU seeking my master's in Communications (PR) and marketing thus ideally I do not have adequate time to donate towards a RE license. I was hoping to learn the "flipping" "wholesaling" world make deals and use the profit to buy more rental/investment properties. We should meet up to discuss mutual business opportunities. I look forward to hearing from you soon.

Regards,