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All Forum Posts by: Richard D.

Richard D. has started 7 posts and replied 35 times.

Post: Suggestions for virtual assistant

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

You can use Fiverr.com or upward.com. I've used virtual assistants before with some successful that were located in the Philippines. let me know if I can be of any further assistance!

Post: Virtual Wholesaling Business

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

Hi All!! Sorry to just get back to everyone but I'm coming back to BP with an abundance of learning experiences, failures and success after a ton of consistency and grinding!! We're in the midst of closing over 1.5 million in profit in wholesale deals! I've learned a ton in the last year a would love to help and share any info that can help you guys! @Twylyn Mason @Joanne Kuhn @Christian Tyler Chanthavong @Jarrett Hart @Kerry Noble Jr

Post: Cris Chico - REI Vault

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

Hi @Chad Overly,  how have things been going over the first 6 months? 

Hi @Kyle Doney , may I ask what market you've been running your marketing in and how things are going for you currently with ReiVault?

Post: Astro Flipping Wholesale Contracts

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

Very detailed explanation! Thanks!@Rose Arredondo

Post: Recommendations for cold calling company/Virtual assitant

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

@Terry Shanahan no worries, better late than never! I'll shoot you a message.

Post: Park Hill Buy and Hold

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

Investment Info:

Single-family residence buy & hold investment in Denver.

Purchase price: $306,000
Cash invested: $5,000
Sale price: $365,000

We purchased a single family home that we intended on flipping but we ended up just holding the home for a short period of time and sell to a buy and hold investor.

Post: 38th St Project Park Hill

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

Investment Info:

commercial investment investment.

Purchase price: $830,000
Cash invested: $25,000
Sale price: $1,250,000

We purchased this commercial property which was once a Medical Marijuana grow. We held the property for two years and profited from the equity gained in that time.

Post: Niagara commercial Project

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

Investment Info:

commercial investment investment in Denver.

Purchase price: $400,000

Sale price: $675,000

We purchased this commercial property which was once an architectural firm. We held the property for two years and eventually sold and cash out our profits from the equity gained in that time.

What made you interested in investing in this type of deal?

I was interested in this deal because of the development I saw happening in the park hill area.

How did you find this deal and how did you negotiate it?

We found this deal through being persistent by following up with the owner after knocking on his door several times to talk with him. After finally getting to talk to him we were able to make a deal with him. We negotiated the deal through running the comps in the area and what we calculated the current market value of the property at and made a solid cash offer. Not to mention the timing, the previous owner was ready to sell.

How did you finance this deal?

This was a private money cash purchase.

How did you add value to the deal?

We added value to the deal by meeting the sellers needs, holding the property to build equity and closing on the sale in a efficient and timely manner.

What was the outcome?

The Outcome Was a Profit of $275,000.

Lessons learned? Challenges?

I learned a few lessons on this project buy one that stuck the most would be, never assume the buyer will close until it's CLOSED!

Post: How to hire lead manager VA for wholesaling

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

@Nicolas Sartor For sure boss. You can also try onlineph.com. Thats where I found my va who has been reliable as well.

Post: How to hire lead manager VA for wholesaling

Richard D.
Posted
  • Investor
  • Denver
  • Posts 38
  • Votes 17

@Adam Camachoundefined

Yes sir we do wholesale in Tulsa. I'll email/message you now.