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All Forum Posts by: Shawn Thom

Shawn Thom has started 40 posts and replied 573 times.

Post: False Lien on my Property

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224
I found the same thing on a rental and a lien got attached to my wife's name. It was for someone else with same name. Title company was able to clear it up because lien listed another ss#.

Post: How much is TOO much social media?

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224
I am not a realtor but rather an investor. I've done 6 rehabs with an even split of holds and flips. I can tell you how I've used FB and how it's helped. On my personal page I post when I buy a house with pics and when I'm done I post pics. My wife and I do it together so I tag her in photos. From these posting I've generated some offline discussions that have led to private money lending. On my business FB page I also post before and after along with a few during the project. I also post houses I go look at whether I buy them or not. I try to turn the post into some sort of advertisement. Almost all posts have my telephone number in them. Here is what I've gotten off my business FB. #1 when I tried wholesaling I was told by a seller that they googled my company name and found my FB. They saw I seemed legit. They actually messaged me through FB to go look at house. My FB info was no where on my mailer. #2 this one happened twice. a buyer tracked me down through tax records, googled me and found my FB page which had my phone number. One of those did not result in a sale due to the rehab timetable. The other one did result in a contract to sale and we (hopefully) close on Monday with no realtors :) I think FB compliments what you are doing and can give you credibility. I do not expect anything as far as new leads.

Interesting @Joshua Dorkin& @Brandon Turner y'all hearing any other reports?

Mine keeps crashing on iPhone.  I have uninstalled/reinstalled, rebooted, etc.  Running 8.3 on iphone 6.  Just started today out of the blue after working all day.

Post: Learning about Owner Financing

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224

I have attended one of their meetings.  They are decent.  Some groups have mainly newbies but this one seemed to have a pretty decent mix of seasoned investors.  Granted I only went once and it was on a pretty popular topic.  

Post: hard meney with a sub 2

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224

Sub2 assume that there is a loan/lien against the property right? Hard Money loan will want to put a first lien on the house, and there is already one there.

David Hoang you get an email saying it went through or the process is starting with the address, name, time and transaction Id. There is no question whose it is. I use it and love it. There customer service is so fast it's baffling.

Post: Ask your HVAC questions here.....

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224
If you were to install a unit at your grandmothers house, what brand would it be?

Post: May buy a burn out any suggestions

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224
What's your rehab experience? If newer, no you shouldn't start with a burn out.

Post: Should I change ceiling fans for my tenant?

Shawn ThomPosted
  • Investor
  • McKinney, TX
  • Posts 588
  • Votes 224
Home Depot charges around $80 for ceiling fan basic install if you purchase there.