All Forum Posts by: Account Closed

I don't recommend putting and/or assigns on the buyers line. That brings up more questions then you need. In the middle of the contract it should say you can assign the contract. If you are selling the contract for more than $10,000 profit, I suggest you do a double close rather than assigning the contract. These investors don't want us wholesalers making much money. Any time I am selling a property where I am making less than $10,000 I then assign the contract and get paid by the title company. If you assigning the contract then all you need is a 1 page assignment contract. It says that you are assigning the contract on this property for a stated price. 

My advice to new investors is to start wholesaling properties. First pick a neighborhood that you are either in or close to. Driver around all the streets and look for vacant houses. There should be some. Then look in the county assessors website to find the owners. it should give their name and mailing address. Send them a letter telling them you found their house to be apparently vacant. But if it is obviously abandoned, say so in the letter. Tell them you will pay them cash for a quick close.

When you do all that, then contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash. This typically is investors. Then again go to the assessors website and find their name and mailing address.

Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash. Then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Once you have done all that with that neighborhood, go to the next one and 'rinse and repeat.'

I hope this helps. 

Steve Anderson

My advice to new investors is to start wholesaling properties. First pick a neighborhood that you are either in or close to. Driver around all the streets and look for vacant houses. There should be some. Then look in the county assessors website to find the owners. it should give their name and mailing address. Send them a letter telling them you found their house to be apparently vacant. But if it is obviously abandoned, say so in the letter. Tell them you will pay them cash for a quick close.

When you do all that, then contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash. This typically is investors. Then again go to the assessors website and find their name and mailing address.

Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash. Then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Once you have done all that with that neighborhood, go to the next one and 'rinse and repeat.'

I hope this helps. This strategy should work just fine in Ontario as well. I am also wholesaling small MF here in the Orlando FL area and Chicago. I have financing for all of them when you are ready. I recommend getting some cash from your wholesale deals before looking into buying a property to hold. 

Steve Anderson

I just checked and BP has a section to set up meetings notification. Once we establish a date, time and location we can use that service to notify other BP members. 

Please send me any info you have for MF in Chicago IL. Also send me any info on any property in central Florida.

We don't need that. We can just schedule it right here.

Sure why not!

My advice to new investors is to start wholesaling properties. First pick a neighborhood that you are either in or close to. Driver around all the streets and look for vacant houses. There should be some. Then look in the county assessors website to find the owners. it should give their name and mailing address. Send them a letter telling them you found their house to be apparently vacant. But if it is obviously abandoned, say so in the letter. Tell them you will pay them cash for a quick close.

When you do all that, then contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash. This typically is investors. Then again go to the assessors website and find their name and mailing address.

Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash. Then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Once you have done all that with that neighborhood, go to the next one and 'rinse and repeat.'

I hope this helps.

Steve Anderson

Hi Yaron, I am a wholesaler in Orlando and right now I have 45 wholesale properties available for purchase. What is it you are looking for? I have single family houses, duplexes, triplexes, quads, small multifamily in central Florida. I also have 26 multifamily properties in Chicago IL. All these properties can be bought with a complete turnkey operation, meaning they can handle anything you need especially as a foreign investor. I do have access to funds to purchase and rehab properties, but I will check to see if they fund people from out of country. 

Do you have a company name established in the USA? Do you have a checking account that is international?

Good luck. We are here to help.