All Forum Posts by: Rahdia Green

Name: Rahdia Green

Types of investments or business (fix and flip, wholesale, house hacking, NPN, realtor, buy and hold, etc.) : Wholesale/ looking forward to starting Buy & Hold by fourth quarter this year.

Types of Properties: Any property. Looking to buy & hold multi-unit 

Target areas, counties or cities: PG, central/southern MD, DC

Do you invest in or out of state (or both): In state for now 

What are you looking for: Always looking for partners, and seeking cash buyers

Why should others contact you: Young, energetic, versatile, convincing.. Learn from the mistakes I've made, you'll find success in no time!

If you need a few contractors to swing by, I have a buddy I work closely with. PM me if interested. 

Looking for a link/enrollment to MDREI as well! Thanks

Great question Tyrone, 

Your price is your price. Like everyone said: It varies. BUT to add on, there are some equations you should know in order to analyze and determine a reasonable profit for yourself. Look up (google, bp, youtube etc) how to come up with ARV.."After Repair Value" and MAO..."Max Allowable Offer" there you will find the wholesaler's profit within the equations.

PS. they're VITAL numbers to know ;)

Keep up the work JT, Love the drive!

Wow, Inspiration! Keep it up! 

Check out:

Michael Gross of ATG Title 

4800 Hampden Lane #200, Bethesda MD...

He is phenomenal! When I first started he helped with contracts and went the extra mile to thoroughly elaborate each section. He even called after work hours to define anything that was unclear in the process of putting a property under contract. Now, he is a very busy guy so I would be very thoughtful of his time and services.  

@Shaun Reilly

 The rent in the area is pretty low 600-1100 avg. That's why she figured renting it wouldn't be the best idea.. I'm thinking having her put it in auction?..

@Shaun Reilly the mortgage is 900-1000/mo.. with 93k left to pay off 

I spoke with an owner that lives in Maryland but has a property in NC. She still pays the rent and it's becoming a burden. She wants out immediately (because of her current situation with having to move out of her current home). 

She expressed to me that she's just looking to get help with paying off what she owes and giving the house for $1 if she can...

So that leads me here.. My question is. As an investor what can I (or an end buyer) do to help someone in this situation?? *the amount owed is pretty high* 

Numbers:

1,968 sqft -  3br - 2 bath - owned for 10 years - basement - few upgrades

ARV: 115,000

Owes: 93,000 *no liens or other fees* 

Repairs: ext paint, carpet in basements, front/back door