All Forum Posts by: Richard Dale-Mesaros

Starting out there are several strategies to make money in real estate using very little or no money, plus we have various ways to find off-market deals such as delinquent tax payers, driving for dollars, foreclosures, redemption deals, non-town-tax-paying entities, wholesalers, tax deed auctions, estate homes, the list goes on - there are always opportunities regardless of what area you live in! 

As another example I'm working a gutted large duplex deal in Gorham NH and that one will be going out to investors at around $100k. Wiring is mostly done and plumbing, ready for insulation and everything else........

Seems to me if you were to sign up as an agent and considering any listing takes around 90 hours (from pre-listing appointment due diligence through post-closing thank-you's.....), it would only make sense on $300k+ closings, which equates to around $50/hour (at 3% commission on the listing side), which I'm sure most agents wouldn't want to dip below.........

Does the brokerage take a portion of that 35% Opcity is receiving, on top of the 20% (or whatever) they usually get of the agent's commission?

@Alecia Loveless - what town in NH are you buying in? Happy to provide some input if you need any....... :)

Comparable sales from the MLS and off-market sales via the town's records. Lots of things to consider when buying land, I have a great P+S clause that covers you for pretty much everything if you need it.......

Woah! A lot to cover there! I'm up in the western White Mountains so can fill you in on this area and stuff to bear in mind on the items you alluded to....... just sent you a connection request.  :)

My dad's an engineer, my brother's an architect and I am patent pending on my first product, with 30+ other ideas behind it, but I also feel fortunate to have the sense of chutzpah to pull the trigger on deals and not get the deer-in-the-car-headlights syndrome. Others have alluded to this above and many new investors I talk to struggle with the action part....... life is short, get after it. In the words of extreme skier Andreas Fransson: "Live this life, live this chance, live what's here because here and now is the only thing that is!"

@Faith Garvia - happy to help you out up here in NH let's connect!

Nice one, @Timothy Walsh - glad you found BP, Josh, Brandon and co have done a great job of keeping it high-integrity and conveying the importance of doing the right thing! Feel free to reach out if you need input on deals, ideas and motivation etc - not an easy business but you can speed up your learning curve and avoid mistakes by aligning yourself with more experienced investors! Onward!  :)