All Forum Posts by: Nephtalie Pierre
Nephtalie Pierre has started 9 posts and replied 78 times.
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
Originally posted by @Jerryll Noorden:
Originally posted by @Nephtalie Pierre:
@Melanie Hartmann Thank you for your input! I have an investor carrot site but haven't focused on it as much other than setting it up with the basics. I was more so focused on offline marketing. You're doing amazing for your first couple of days! Keep at it!
Offline marketing is for making 1 deal right now with a ton of effort and no system in place for continuous lead generation.
THis is the mistake most investors make.
A ton of work to get a deal right ow. All that work is ONLY for that. THAT one deal. That work is not automatically continuously giving you more leads. So that is simply a WASTE of time and effort.
Now consider doing SEO, Setting up a killer website etc. etc. You do the work once, and you will continuously generate deals.
You need to step back and look at your business infrastructure and catch all the flaws and correct them. If you are not doing this you are winging it. Ad you will simply not get anywhere. Work smart, work calculated and efficient. ROI should not only be about money, but also work and fruits of said work's labor!
Forget offline marketing. Seriously forget it! I am not sayingyou can not make deals that way.. I am saying you do not WANT to make deals that way. You do not WANT THAT to be your lead source because you will NEVER beat a copetitor that does it the better way.
And I said it once,I said it before.. to make it, you should not be the top dog.. you should strive to be the ONLY dog! Crush your competitors no friggin mercy! I don't care how bad that sounds. There is no second place here. You are ranking 1 on Google or you simply Do not exist to sellers! Period!
Thank you! I'll take heed to your advice.
Nephtalie
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
@Melanie Hartmann Thank you for your input! I have an investor carrot site but haven't focused on it as much other than setting it up with the basics. I was more so focused on offline marketing. You're doing amazing for your first couple of days! Keep at it!
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
@Chris Jackson Thank you so much for your input. I will definitely copy what you added and take some action on it. I appreciate your time!
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
@Chris Jackson Thanks! I've done quite a bit of offline marketing but havent really taken advantage of online marketing. Which it looks like you have. Do you have any recommendations on where to to start for that? i know i could do a google search. Just interested on your thoughts ;).
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
@Chris Jackson Wow good stuff!! Great way to teach her to leverage from this post. Did you learn this from a FB marketing class?
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
This thread was interesting and I enjoyed both sides. @Melanie Hartmann good luck to you!! Please keep us updated. Your Spirit is strong!
Post: Quit My Job and Plan to Wholesale
- Portsmouth, NH
- Posts 80
- Votes 25
@Adrien C. Wow thats awesome to hear! congrats!
Post: Why hasn't R.E. gotten me a wife?
- Portsmouth, NH
- Posts 80
- Votes 25
this thread was hilarious...I will say if your looking for a woman who has the same passion for you in real estate just start being active and provide value in real estate forums and groups. But don't go there looking! because women can sense when someone is thirsty :). Just be genuine and you and you never know what will come..I say this from experience because this is how I ended up dating a guy I met on a real estate forum. He was nice genuine and helpful and then we got to now each other on a personal level and clicked ;). just don't start marrying someone in your mind just because you both have the same interst and attration. Take it slow..
Post: Hard Money First into a 203k FHA Loan?
- Portsmouth, NH
- Posts 80
- Votes 25
I don't think a hard money loan is a bad idea..if the deal makes sense. I don't see why you would refinance into a FHA loan. You could just refinance it with get a regular mortgage, you wouldn't need a down payment because you technically paid "cash" for it (the bank won't really know you got a hard money lender to fund your deal). If you get a good deal you can use the strategy that Brandon Turner mentions a lot on here. It's called the BRRR strategy. I've been doing some reading on it because this is a strategy I will start implementing soon.I have saved some of the links (see below) but definitely look at the article published on here to really get a good idea on how to execute the strategy well.
I don't see the need to do a hard money loan and then refinance into FHA. If anything house hack the property you use an FHA loan on (I plan on doing this with a multi-family property). And you can use the BRRR strategy on another property.
The possiblites are endless!!
BRRR links below (definitely look at the articles published about this topic on bp)
https://www.biggerpockets.com/forums/61/topics/502044-brrr-strategy-refinance
https://www.biggerpockets.com/forums/223/topics/429535-brrrr-strategy-really-works-even-in-the-bay-area https://www.biggerpockets.com/forums/61/topics/237923-brrr-strategy-confusion---refinancing https://www.reimillionaire.com/the-brrr-strategy/ https://www.rentalstowealth.com/the-final-r-in-brrr-a-step-by-step-guide-to-refinancing/#comment-547https://www.biggerpockets.com/forums/61/topics/237923-brrr-strategy-confusion---refinancing
Post: My Very First Flip Just Went Live on MLS
- Portsmouth, NH
- Posts 80
- Votes 25
@Craig Drummond This looks so amazing! Congrats on your first flip. I can tell it's going to do well. Thank you for sharing your experience and the color scheme (love it!)