All Forum Posts by: Jeff Filali

You will probably do better searching for top sales and marketing books, it all applies to any sales business. 

Here's the top 5 I'd recommend: (in no particular order)

1. Who Moved My Cheese - Spencer Johnson (deals with change)
2. How to Win Friends and Influence People - Dale Carnegie (One of the best sales books)
3. Secrets of Closing the Sale - Zig Ziglar (Another top sales book)
4. Guerilla Marketing - Jay Conrad Levinson (One of the best marketing books)
5. Platform - Michael Hyatt (About how to use social media)

Always!! I purchased 7 myself since Oct 1st (2 last week alone) and my marketing campaigns are generating a lot more great leads then I could ever purchase myself. I forward all the ones that I can't afford to buy myself on to other investors. Almost every deal is already negotiated by the Acquisitions guys I work with and priced less then 70% ARV minus any repair cost, some are more like 50-60% and vary in price ranges ($25K-$250K+).

Going to cost $170K for a property worth $140K tops... There's a lot better deals out there and no way I'd ever spend 20% above ARV for any property. But I also don't claim to specialize in Multi-Family. So, maybe someone would. No one that I do business with would though. Good luck with whatever you decide!!

Help Other People

I don't use Zillow or Craigslist to search for deals.  The best deals with the best numbers are "Off-Market"

*****ATTENTION REAL ESTATE INVESTORS*****
--SAVE 20-40% ON OFF-MARKET, DISCOUNTED PROPERTIES--

Go to to receive exclusive updates on discounted OFF-MARKET properties in TEXAS, OKLAHOMA, or Other Surrounding States.

Through our marketing campaigns, we are getting contacted about a lot of properties that do not fit our own buying portfolio, and more then we could ever buy ourselves. We sell our own properties sometimes, and whenever we locate properties that do not fit our portfolio, we pass those leads on FREE of charge, to other accredited real estate investors. We DO NOT charge for this service.

We ARE NOT Brokers or Agents and only market properties for sale that we actually own ourselves and have equitable interest. Otherwise, we just forward any leads on off-market properties that we are contacted about, that do not meet our portfolios.

*This is not a solicitation or offer of securities. Only accredited investors should consider investing in real estate and should do their own due diligence prior to any investment.

I buy a lot of properties and some are through Wholesalers.  I don't care how much they make if I want the property at the price we agreed upon, but if you're worried, you can do a "double close".  I know a lot of Wholesalers say they do a double close if they're making more then $5,000.  If you do a double close, the end buyer will not know what you made.  Good luck!!

Off-Market for sure. All my deals have been off-market deals, although a couple were on MLS, I didn't find them there. The best deals are not on the MLS.

Send me $1,199 plus $10 S&H.... Just kidding!!

Listen to what @Mike Jury posted.  There are many others with lots of experience in the area who would be more then willing to work with & mentor you.  I do it all the time in my areas. 

From IRS "The election must be made no more than two months and 15 days after the beginning of the tax year when the election is to go into effect."

So, yes you can still make the change.  But you should consult with a CPA first to make sure its the best thing for your business.  Also, once you elect to make the change, I believe you're locked into that classification for 5 years.

The reason some CPA's advise their clients to do this is to offset some of the self-employment taxes.  But this is a unique situation that would be different for every individual case based on where your business income comes from and how much income.  I would think starting off that it wouldn't be beneficial unless you have a very large amount of business income and limited deductions.

Consult a good CPA.