All Forum Posts by: Samantha M.

Would someone clarify for me? In light of these new laws if I was a LICENSED AGENT and assigned the contract, marketed it to cash buyers, and put it on say craigs list. Would this be considered legal in light of these new laws?

It seems to me that is perfectly acceptable. However, doing this without your license can be a gray area.

Matt Devincenzo "I also would only keep it for my personal portfolio and never sell to another buyer" Yes, exactly I very much agree. Like I said people who wholesale sub2's and then the end investor stops paying, the seller gets screwed through no fault of their own and then its going to be your butt on the line when channel 4 news comes to investigate. I only keep Sub2s for myself because I trust myself to pay the loan.

Whatever you guys changed to the site, it no longer creates paragraphs in some of the forum replies. I have experienced this issue in the social media / wholesaling fourms.

Matt Devincenzo Put it in a trust in the name of the family. For instance if I was working with John Smith, I would put it in Smith family trust and make the payments. Subject 2 I would avoid completely unless you are a very experienced investor. If you stop making the payments or the investor you assign it to stop making the payments, the seller is screwed. This is the type of stuff that comes up as horror stories on the channel 8 news.

You can't do much with the lead. You can do lease option or subject 2 if the property is DESIRABLE or needs minimal repairs.

If the property needs work and its upside down, its pretty much dead. Unless you want to negotiate a short sale with the bank.

Remember you cant buy every house you look at.

Dev Horn Thought I would chime in and add, of my investor colleagues who do use internet marketing they all have similar things to say. PPC works, but the quality can vary, and as you said sometimes they will even bid multiple people against each other on purpose, not faulting them thats clever. But as you said, it still seems like the best leads (if your list is good) and most consistent leads come from direct mail over time. And like you said, likely to be less competition. I would keep direct mail as the backbone of any marketing campaign, and use ppc to supplement the deal funnel.

Ah ok Brad that makes more sense. Pay per click here in fort worth and dallas ranges from $7.00 - $12.00 per click.

Brad Chandler Wait a moment. It costs $100 everytime someone clicks your website from google adwords? $100 a click sounds very high.

Tim G. I agree with Tim. Just go ahead and jump in Curtis. But before you do make sure you can determine the ARV and ERC. IF you can get those numbers roughly accurate, go ahead and be confident and jump in, and you SHOULD feel confident because if those numbers work, then you know its a deal.

Dont just lock up anything that comes your way even if its garbage. Thats where you risk having to cancel a contract & wasting a sellers time.

I like the fake it till you make it mentality, it gives you confidence when you have little. And eventually, acting as that person you want to become, you eventually become that person.

I met with a seller at their property today. The exterior AC condenser looked like it was in fairly good shape; however, on one side of the unit the fins looked like they were bent and damaged (possibly from a hail storm?). Like someone had dragged a stick across them. The seller is not sure how the damage happened (doesnt have kids, property hasnt been vandalized to seller knowledge)

My question is, how big of a problem is having bent/slightly damaged AC fins does that compromise the effectiveness of the AC unit as a whole? Also if I wanted to replace the fins what would be a rough approximate for cost?

I was under the impression all the fins do is protect the coils.

Thanks everyone