All Forum Posts by: Robert Lee

This will be my first transaction 

I have two out of state deals that I have bumped into. One is a whole sale deal. A co-worker moved to SWFL after his wife passed away and has a home in Illinois that is just sitting for the past year. I looked up the home and the comps in turn key condition go from 80 to 120. He just wants to get ride of the home and dose not have money to rehab the home. He will take 32 from me. The owner of the company I work for gave me the paperwork with his company name on it and has promised to " take care of me " however we do not have any paperwork between myself and his company. Should I have my co-working sign with my LLC ? I do not buy or sell real estate for the owners company and the co-worker who wants to sell me his home is from my second job.

I also have a home in Pittsburgh that a friends children just moved out 3 months ago. She wants to sell the home to me and will take 75K The home needs a little work however in turn key the comps are at 180 with an unfinished basement which could also be an opportunity to force equity. I do not have contractors in Pittsburgh or experience doing this. The numbers look good and would like some guidance on how to get this done. 

I should say at least I think they look good. I have been attempting to use the calculator however I am not sure if I'm using correctly. If there is anyone in the area who could be of assistance. I do not mind splitting the deal to have someone show me the steps as long as everything is on the up and up with all the proper documents for the deal.

I will I would like to attend. I believe you said it was in Cape Coral at the meeting.

I remember you said that in the meeting lol. I have been looking for more events on Wednesday nights or the weekends. If it's in the area do you have any suggestions on how to attend more events with opportunities to learn and meet more professionals in the industry. I work two jobs however I do not work on the weekends or Wednesday nights.Is SWFL REIA the only investment community the affiliate with the BP in my area? Or are there other options.

It was a great event with good information. I connected with some professionals and look forward to learning and building a great team and learning much more as I push forward on this new journey.