All Forum Posts by: Josh Caldwell

Start with a local real estate lawyer.  That is the KEY.   There is almost always a legal way and an illegal way to do this. Find the RE lawyer who works with investors in your area. In general, this should be an easy task with a contract and some soft of state specific release mechanism. 

I love where you heart is on this one, but as you can see from the posts above, this is a dangerous deal. The rub, is that this is long term relationship and has a long way that it can go bad.  

I would suggest that you flip the house and give your friend a smaller 20% piece.  Then go do another one with your friendship intact.  

Good question Chris 

RE investors need a lot of tings. The answer changes as they grow in sophistications.  The two biggest things that they need are marketing support and funding. Put those two pieces in place and even a blind squirrel will end up with a pile of acorns. Right now in the hot markets we have, finding the seller is the big trick. Later when the market cools, it will be the buyer.  

To your success

Josh 

The legality will change by location, so you probably need to look that up yourself. In my area it is legal, but that means noting to you. 

The idea is a a good one.  

The problem that I have with your post is that you want to give up the profit, screw that. 

Learn to negotiate !!! 

Everyone starts off where you are.  What you need to do is to get yourself in the game. Start negotiations, ask questions. Pick the brains of other investors. You have access to thousands of us right here. 

The first questions you need to ask is what will you take for the house?  I bet you can do that.  If you take your deal to the market and it tanks, then your deal sucks. Either renegotiate it or find another one but LEARN. 

We get PAID big money because of our knowledge, NEVER short cut the learning process. 

Rant over

To your success

josh 

The 3 biggest wow areas that get houses sold are the kitchen, bathrooms, and the entrance.  If you can wow them when the step in the door, you have a better than average chance of getting the price up. 

Funding Fest 2021 – How to Fund all of Your Deals Flips or Rentals

When – June 15 at 7 PM Eastern Standard Time

Where – online, so pretty much anywhere with an internet connection will work

Everyone is welcome, novice and experienced. Flippers and cash flow investors. This month, I will be talking one of the most asked questions in real estate, “how can I get the money for this deal?” I will personally give you an overview of the techniques to fund any deal. I will also have a couple of real live lenders on with me to explain how they view deals and what sort of deals they will actually lend on. You don’t want to miss this webinar.

To your success

Josh Caldwell

All you need to do is log in or call in, details below

Please join my meeting from your computer, tablet or smartphone.
https://www.gotomeet.me/joshcaldwell2

You can also dial in using your phone.
United States: +1 (646) 749-3122

Access Code: 228-342-597

It all depends on what he can teach you. Will you make more than 11k in a year with the info that he provides to you?  That is a pretty low bar to clear. That could be a single wholesale deal. 

How to buy bank owned foreclosures (virtual seminars)

This Tuesday 3/16 and Saturday the 20th.

With the economic collapse caused by the reaction to the COVID virus, we are looking at the best opportunity of our lifetime. A lot of properties are going to be sold at steep discounts. The big question is how can we get in on this unique wealth building opportunity?

I have invited my friend Andy Heller to answer that question. Andy is a nationally known real estate foreclosure expert. He has been investing in foreclosures for many years. Andy will go over a statistical analysis of the impending foreclosure crisis, the biggest since 2008, and probably the biggest foreclosure event since the Great Depression.

In fact, Andy has agreed to do two classes on this subject for us. The first one is this coming Tuesday, March 16th and 7 PM. The Second will be Saturday the 20th, starting at 9 AM. They will both be unique real estate seminars.

This video will show you a short preview of Andy and what he will be talking about, check it out.

https://pittsburghreia.com/videos/AndyHellerPromo2021.mp4

We are encouraging people to preregister for the event. All you need to do is to email me directly to claim your spot. Josh – [email protected]

To access the meeting, you will need this link

Please join my meeting from your computer, tablet or smartphone.

https://www.gotomeet.me/joshcaldwell2

You can also dial in using your phone.

United States: +1 (646) 749-3122

Access Code: 228-342-597

New to GoToMeeting? Get the app now and be ready when your first meeting starts: https://global.gotomeeting.com/install/228342597

To your success

Josh Caldwell

@Steve Babiak is right SE PA you want to talk to DIG. I missed the correction above.  

You are in a good place and a great market for investors. I would suggest you check out my REIA clubs page and sign up for the free newsletter. That will keep you in the loop about a lot of local events and developments. Pittsburghreia.com You wont get a better price than Free.