All Forum Posts by: Junior Salters

Congrats Jason! That's a way to persevere forward and make something happen!

This is the same issue I am dealing with: seeing if these lower income homes are a better way to break into buy and hold or just waiting it out a little longer and getting more in the 60-100k range with potentially alot better tenants. As alot of these experienced guys have noted, there's somewhat a surplus of these homes for a reason. Decisions, decisions.

Are both rented out now, Freddie?

Welcome to the community, Chris! Definitely in the right space! Happy Hunting!

Welcome, Vladimir! I work in the Spartanburg/Greenville area as well doing wholesales. Let me know if you ever need help or just want to meet up! Happy Investing!

great story @Yvonne Sheehan ! Congrats on growing your portfolio. Go get that hair done now if you need to! But in all serious I commend your spirit of ability to sacrifice for your financial goals! Great recipe for success!

congrats @Jon Potter ! I hope everything goes as planned by that sounds like a strong deal!

@Mike Flowers Congrats to you and @JPaul Mills ! That's a great success story that shows you through determination and being willing to take your licks you can still do things the right way and be successful. I wish you guys much more continued success in the art of wholesaling and any other endeavors you guys pursue!

Hey guys,

Just wanted to throw an update out there! PSA: I am not bragging. Mainly because I don't have much to brag about lol

Anyways, 1st week into the new year and I have already wholesaled 1 house!  Whoop whoop! That makes 9 closings total since starting almost a year and a half ago with a small hiatus and 3 in the last 6 months. Considering I haven't really ramped up my marketing like I am about to I'm definitely fired up! My goal is to do 12 total this year (1/month) hopefully averaging about 2-5k per house. Yesterday was for a total of $2,000 so I'm more than satisfied. (Free money is always good money. Then again, technically it ain't free but Whatever!) But here are some details on it:

House was acquired via bandit sign: Homeowner was going through divorce so him and wife had to sell home ASAP. Was an empty  3/1 that needed about 4-5k work (just needed to get rent ready)but in a B-/C+ area and consistent rents were about $600-650. Was able to contract for 16 (very motivated due to divorce and getting everything settled) and sell for 20K (profit was split with partner)! Did take a little bit longer because of the ex-spouses and their attorneys but all in all, great way to bring the year in!!

Currently helping another investor out with one under contract in a tougher area but we will see how it plays out! Happy buying and selling to everyone out there!!