All Forum Posts by: Paul DoCampo

@James Stevens,..... Ooor, thats actually how some people operate their business, and succeed. I know one of the biggest wholesaler/rehabber business (besides homevestors) in So Cal has over 3000 in his list, and his business is VERY successful. 

It may suprise you here on BP that people across the US are doing things different than what YOU believe is the ideal; But thats no reason for you to bring the guy down. Now, you have lost a potential network oppurtunity for Miami, Florida. 

@Mike Nelson...I know that YellowLetters.com mails flyers. And there some others too, just google it and you may find.... you can to your local UPS and arragne something. I know mine will design print and mail for me

I have a possible deal. But before I discuss price with him, I wanted to see how I can work out the deal with tenants. Here are the detaisl: He owns the house free and clear, his only motivation is that he doesnt want to be a landlord anymore, and he either wants to sell in March, or have his lease agreement with the tenants honored which ends in March, and he is open to the possiblilty of seller financing

I can see how I can do it if I rehab my self by seller financing, or placing a deposit in now in agreement to purchase and kick out the tenants in march to begin rehab. But if I wanted to wholesale it out, how can I go about it to insure that the lease agreement is honored?

 I am a new as well and I haven't done any deals but I think you are mistaken Valerie, and anyone correct me if I'm wrong, but Wholesale just means you are purchasing a product at a discount, regardless of the terms and conditions. If you purchased a product with financing you are still purchasing it at wholesale price

In terms of real estate, a wholesaler solves people's problems, and offering seller finance or "subject to" as an option maybe desired more by the seller. So all cash is not a restriction or limitations of a wholesaler. It just depends on what suits the seller better. It seems a good wholesaler will think outside of the box and have many tools in his tool box.

I know that Bruce Norris, @Aaron Norris  dad teaches to uses creative financing sometimes with sellers, depending on their situations. And I know that @aaron 

@Aaron Mazzrillo outlines some deals using creative financing on his "deal of the month" at his website

awesome post

+1 for oncarrot.com

@Account Closed can chime in, and correct me if I'm wrong 

I think there are good/desirable areas in Rialto and Colton to hold a rental. But there are bad areas as well. Almost all of North Rialto is good, except I dont like Boehnert and linden area, too many chain link fences. And there are pockets in Rialto, south of the 210 that are good, like some tracts off of baseline. 

Most of Colton is not good for rentals, in my opinion, unless you dont mind neighborhoods filled with chainlink fences, and many strange people aimlessly walking around; however I do notice a lot non-owner occupiers in those areas, so maybe im wrong and there is money to be made there. The parts that I Iike are the tracts that were built in 1975 and newer, right around Pepper ave, Maywood, and Cooley dr, 

Inland Empire is going to be your best bet. I live in the IE and have been looking for my own buy and hold property for a few months now . One thing I have learned is that finding something that cash flows and in a desirable location off the MLS in today's market quadrant, is like finding a needle in the haystack. That price range is pretty low even for the IE, unless you want to pick up something in a war zone in San Bernardino or out in twenty nine palms were vacancy rates are 20% or more . Your best bet is to find a property at wholesale price, either buy from a wholesaler or do your own wholesaling/marketing campaign, which is something I am starting doing now

I'll be starting my own wholesale/marketing campaign in Rialto, Colton, Bloomington, and Grand Terrace. In those cities you can pick up a property 50%-70% of ARV and hit Your price range . Of those areas are of interest to you then let me know an ill keep an eye for you

@Jorge Soto you are welcome. 

His tutorial is more of a free guide on setting up a direct mail campaign work space on podio and integrating it with globiflow. So its not a "how to use globiflow" guide, but it may give you an idea of what its about.

Check out strugglinginvestor.com. Near the bottom, where it says "Recent Blog posts" There are some tutorials on how he setups his podio and globiflow. There is one post with videos, but i think you have to search for it or email Scott Costello.