All Forum Posts by: Nichole Gabriel

Hi all, I just came back from driving for dollars today! SOOO much fun, we could have done it all day, but the sun went down and we HAD to come home! LOL! I had no idea there were SO many options out there when it comes to vacant properties, so I did come home with a few questions!:) any and ALL advice would be so appreciated! and learning all this should be fun, so here goes:

1. I found quite a few homes that had that banks "we have found this property to be vacant" sticker placed by the field service company the bank hires. I spoke to one neighbor who said that house was vacant for a year, and the bank came about a month ago to put the sticker in place. So, is it possible to do any type of "wholesale" deal with the bank? Would love to hear your thoughts on that!

2. Saw some vacant HUD homes being sold by agents, are these wholesale-able? AND vacant homes being sold by agents, are they off limits? what is the "etiquette" there?

3. I am going to assume that if I see a home that is already being rehabbed, that it is already in an investors hands and there is nothing more to do there, right?

4. I found one house that had a court document on it saying something about being in court on the 31st of the month.. couldn't understand a LICK of it! It was a pretty thick document, but I could only see the first page since it was in a stapled sleeve. Any idea what that's about?

5. I found some homes for rent by holding companies? Do we treat these the same as landlords? or not at all? Also, a for sale by owner home which the owner was also willing to finance, and/or rent? Do we treat them like a landlord,or approach them like a tired seller, or assume they are looking to hold?

6. I found a door tag in one of the houses, does this mean I'm too late? :)

7. Can we wholesale residential properties that have been zoned commercial to a commercial buyer, or is it waaaay overly complicated?

8. and finally, my sister called me today(she doesn't know I was thinking this!!!) to tell me that she found a home she loved, the owners father was there and said the son has had the house on the market for a year, but has moved closer to his family. She loves it, but I know she has bad credit. Is this a situation where a LOA (lease option assignment) would work? -- I am going to ask for an explanation of this on the forum, because I tried to understand how it works and couldn't really get it!:D

J Scott, are you currently seeking deals? I'm a new wholesaler in GA and would love to bring you deals that match your criteria!

ok, So reviving this thread, Blake G. have you found this to be a problem when wholesaling? I am a new wholesaler in Ga, is finding a company to do my closings going to be a problem?

Originally posted by Andy Bankston:

Originally posted by Nichole Gabriel:

Awesome Andy Bankston! I will most definitely check out the summit! Thanks for the heads up! You're the first from my area I've met here I believe! Good to meet someone so close by! May I give you a call when I'm ready to begin? Then, I can find out exactly what you're looking for? :D Thanks again! Looking forward to a prosperous future in real estate investing!!

Of course, let me know if I can be of any help.

Thank you! Looking forward to being of service!

Originally posted by Andy Bankston:

Welcome, Nichole! You'll find just about all the info you need here on this site, and it's invaluable. Also, plan on attending the 2013 BP REI Summit once the details are worked out and released.
I'm right next door to you in Kennesaw/West Cobb and have looked at some properties over in Dallas, but haven't bought anything there yet.
Best wishes,
Andy

Awesome Andy Bankston! I will most definitely check out the summit! Thanks for the heads up! You're the first from my area I've met here I believe! Good to meet someone so close by! May I give you a call when I'm ready to begin? Then, I can find out exactly what you're looking for? :D Thanks again! Looking forward to a prosperous future in real estate investing!!

Originally posted by Morris Lucas:

Welcome, always good to see other new investors close to the "A".

Bookmark this site and spend 1-2 hours a day on it! Tons and tons of stuff i learned about wholesaling and tax liens from other members,

Also plenty of meetings, auctions, etc in this area to frequent to meet other investors!

Morris Lucas, it's funny you should mention that! That is EXACTLY what I've been doing! Sometimes more!! (I'm a research hog!!!) The information seems ENDLESS!! haha! Thanks!

Originally posted by Brandon Turner:

Awesome Nichole Gabriel! A good idea now is to set up some Keyword Alerts for terms like "Wholesaling" "Wholesale" "Birddog" and "Bird Dog" so you'll be instantly notified whenever those topics are discussed in the forums - and you can jump in and learn about those topics in real-time.

Wow! Nice, Brandon Turner! This forum is getting better and better! I've already done a forum search for a few different Wholesaling topics and read PAGES and PAGES worth of info. on each! Such valuable info.! This forum is RICH with info. I wish more people knew of it, before spending countless hours on the net doing empty searches (Don't ask me how I know!! LOL!)

Thanks for the tip!

Awesome! That's all I need to know, Wayne Brooks! Thanks! :D

Originally posted by J Scott:

What type of certification are you thinking of?

I'm not really sure, J! Is there something that you would recommend?

Thank you Tracy Royce! That makes perfect sense! I want to do everything I can to position myself as serious about this, because I am! I am doing my due diligence, researching ALL I can, and am just about ready to go for it.. because from what I've learned thus far echos what you've stated - the most IMPORTANT thing is FINDING the deals! :D

Thanks Again!
n