All Forum Posts by: Jeff Filali

I do CraigsList, Zillow, etc., but also get great results from posting on Facebook local For Rent/For Sale groups.  Its free also.  When selling I do the same but also if I don't get any calls within the first week, I like to post a paid Facebook ad targeting likely to move, and the income level that my property is best suited for.

PENDING SALE!! 

But we can get a lot more occupied rentals in the 1.5-2.0% rental to price ratios.  We buy them, rehab them, get them with property manager, get them occupied, then send to our nationwide list.  Fill out our investor form at: 4lease4sale.com/investors/  

Ask Jeff Filali REI Questions -
I was blessed to have a lot of more experienced REI's help me along the way when I was starting off. So, I always try to PAY-IT-FORWARD for FREE and help others any way I can. But my phone, email, and PM's were getting blown up with the same questions. Last month, I created a new facebook help group where other REIs & Wholesalers can ask questions throughout the day, and I monitor the group & try to answer throughout the day. That way the Q&As stay public for others to search & learn from also, and helps save me time from answering the same questions numerous times by text/pm/email, etc. Feel free to ask any RE questions, Thanks!! - Jeff Filali

Disclaimer: Author is not an Accountant, Attorney, Financial Advisor, Tax Advisor, Broker, or Agent. This is for general information, and not tax or investment advice. Readers should do their own due diligence and seek professional counsel prior to making any kind of tax changes or investments.

Interested

Anyone looking to save, contact me and I'll give you the info for who I use.  Can't post on here do to ad rules

Advertise A Property or Contract (FREE)

Investors, Wholesalers, and Homeowners can advertise their “Off-Market” deals FREE of charge at FOMRE…click below.

FOMRE, LLC (Find Off Market Real Estate) is an advertising company that was established to help those looking to “Find Off-Market Real Estate” investment opportunities. We specialize in connecting Accredited Investors, who are actively seeking to “purchase” Discounted Real Estate Investments, with other Investors, Homeowners, & Wholesalers, who are looking to “sell” their own off-market properties. Call us the "Classified Ads of Off Market Real Estate", not posted on the MLS.

We DO NOT charge for this service. We ARE NOT Brokers or Agents.

We simply offer Advertising for Investors, Homeowners, & Wholesalers nationwide who are looking to sell their off-market properties themselves, without using an Agent, Broker, or the MLS.

If you’re interested receiving updates on exclusive off-market properties available in your area…click below.

I buy foreclosures, rehab them, and flip for profit.  Occasionally I do seller financing, but have built up a lot of notes, and I sell some of the notes.  But I am now looking for other note investors who may be interested in acquiring the notes upfront, by initiating future notes on properties I have rehabbed and lined out buyers wanting to purchase on terms. 

Example: 

Say I rehab a property that's ARV is $100K and have a buyer lined out willing to pay $100K on the terms of $10K down and $90K balance to be carried over a 10-15 year note at 10.0% APR, with escrow set up for Ins, Taxes, and additional Note Servicing fees. Instead of me initiating the note, and then selling the note to note buyers, I'm looking for other investors who may be interested in purchasing the property at say 90% ($90K) and initiating the owner finance deal themselves. So I would have already located the buyer, you would be buying a $100K property for $90K, recoup $10K immediately from the buyer at closing as their down payment, and you initiate your own financing with the buyer. You'd be the deed holder, and the 1st lien holder. You'd have net $80K invested on a $100K rehabbed home, and have a $90K note on 10.0% APR terms and could be set up with your own note servicing company of your choice.

If this sounds like something you'd be interested in, contact me at [email protected] or (918) 516-8885 Jeff

 I tried to contact, please send me the details.

 I do well with FB ads, and like using FB better then DM.  But its different in every market.  In my market, everyone does DM.  If you have a good website with solid SEO, and tie in some FB and GoogleAds, it can set you apart if everyone else is doing DM.  At least that's been my experience.