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All Forum Posts by: Russ Scheider

Russ Scheider has started 40 posts and replied 494 times.

Post: First Wholesale deal Columbia sc- found property ?s on funding!

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

@Jazzmine Johnson I can buy/fund this property for you.  I will be in Columbia tomorrow.  Could I take a look at it?

Post: Investors' Mastermind Meeting - Charleston, SC

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

Hey there! So, I've been wanting to do this for awhile and am super stoked to announce... We've decided to pull together some of the most savvy local real estate investors that are doing some serious biz in Charleston and have convinced them to sit down and share their secrets with you this Saturday from 9am-3pm.

What's the catch? You have to be an A-player or have 100% commitment for getting there in 2018. Also, you must be willing to share and interact in a true Mastermind setting. There is no competition, only cooperation. We'll work together to deconstruct our businesses and find ways to systemitize and 10x our output this year.

We're going to keep this roundtable to under 12 people and only have 2 seats left (Seriously). This is also not a free event. There is TONS of free content online to check out if you're just getting started. This is a high level Mastermind for one day, possibly to never be repeated.

Topics of this one-day class include:

  • Multifamily millons
  • Wholesaling for big profits
  • Rehabbing flips and rentals
  • Protecting yourself with trusts
  • Creative financing
  • How to find private lenders
  • Living the "4 hours work week"
  • "Ninja" marketing
  • Mobile home investing
  • Mastering the "mental game"
  • and much much more!

Invest in yourself and come join us! https://elizabethcsimpress.wixsite.com/clearvision

or call (843) 302-1936

Post: Offers Getting Rejected Left n Right

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

Based on our experience and that of Other investors I know well, It takes 40-60 offers on off-market properties to make a purchase at "investor pricing" and 100 offers or more to buy from the MLS. We only target MLS properties that are listed at least 20% below market value, indicating motivation.

Post: Newbie in ATL: Wondering about Fortune Builders

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

I have no affiliation with Fortune Builders.  I am not selling coaching!!

@Jamie Foster In 2012 My wife and I signed up with Tim Taylor, who is a success coach similar to Than and FB, with similar costs. Tim was instrumental in our success. We flipped our first house in Charleston in 2013 and made $30k. Off to the races! We have now flipped 50 houses beginning in Charleston, SC and are expanding state-wide in South Carolina. In 2018 we will net 4x the income brought home from my professional 9-5 job in 2013, AND add over $100k to my self-directed IRA this year.

My friend Tom started with FB in 2014 and now owns 75 "doors" and has a contract to buy 3 mobile home parks next month bringing his total doors to 135. Tom also does a rehab/flip here and there and some wholesaling. Coaching is key!! FB is a great coaching program. Tim Taylor was a great coach. Some people do well and some don't. The difference is in the execution. When I played HS basketball, I had a good coach, but the shots I hit and the shots I missed were on me, not him. My wife and I would not have succeeded in this business without (expensive) coaching, and I think Tom would say the same (you would have to ask him). We all face massive struggles in life and in business. Having a coach or a team of coaches to call on keeps us going.  @Troy Gandee is a FB success story as well.

There are people who do great things by reading books and watching YouTube videos. I read every day, but books can't keep me going. I need support from experts and coaches. 

Post: Start a mastermind/ real estate group

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

There is a meeting Monday night at Community Pizza. Can you attend that meeting. We could discuss further in person. 

Post: Purchasing a single family rental near Charleston, SC.

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

@Jay Hinrichs I agree, but it depends on budget and other expectations. I am excited about several neighborhoods that appear to be "the next Park Circle"

Post: Purchasing a single family rental near Charleston, SC.

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

How much are you willing to invest? What $ rent are you looking for? What is your target ROI? Charleston is a very diverse market. Houses sell for $50 per sq ft and over $500 per sq ft within the same metro area. Your desired parameters will determine the best options.

Post: Start a mastermind/ real estate group

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

@Josh Pitts did you get your masterminds group started?

What can I do to help your start or grow your group?

Post: Looking for deals in Charleston, SC and Columbia, SC

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

@Parker Stiles thanks for the referral. I am on brent's list. 

Post: Looking for deals in Charleston, SC and Columbia, SC

Russ Scheider
Posted
  • Flipper/Rehabber
  • Mount Pleasant, SC
  • Posts 547
  • Votes 235

Show me the deals!  Full-time investor.  Flipping in Charleston for the past 5 years.  Just started flipping in Columbia in 2017.  Buying my second Columbia property this week, and looking for more.  Would like to purchase 1 property every 60 days in Charleston and 1 in Columbia every 60 days.  We pay cash and close quickly.  Happy to work with wholesalers or realtors.  Also looking for rental properties that can be purchased with low cash outlay (owner-financed deals).  Single Family and Multifamily.  Show me what you've got!