All Forum Posts by: Account Closed
Account Closed has started 6 posts and replied 1166 times.
Post: New to Tax Deed Auctions
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
Hi @Victoria Lee I am an investor in Orlando and I DON'T go to the auction. I contact the owners before the auction to work out a deal. Many times the opening bid is higher than the Redeemption amount. That is the amount the owner has to pay to stop the sale. I work with the owner to buy it before the auction cutting out all the madness of the auction. You can get some really great deals this way.
If the 'tenants' don't belong there then you will have to hire an attorney to get them out if the owners won't
Post: Buyers sheet for wholesale deals
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
Evberybody that wants the flyer click on my picture and send me an email with your request.
Post: Best way to find seller leads
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
You don't wholesale them. I negotiate with the seller with seller financing and then sell to a lease option tenant.
Post: Looking for my first Wholesale deal in Pinellas County
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
Hi Theresa , I am an investor and wholesaler here in Orlando. Welcome to BP.
I also host a monthly BP Meeting here in Orlando and you can meet many local investors learning more about investing. It is on Jan 10th at 6:30 PM. Here is the link if you want to join us. Hope to see you there. The topic will be how to find, evaluate, contact owners and sell to rehabber VACANT HOUSES.
https://www.biggerpockets.com/forums/521/topics/38...
My advice to new investors is to start wholesaling properties. This is the quickest and best way to get started with the least cost.
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.
Many times the owners don’t update their mailing address with the county so you may get the letters returned. I use beenverified.com to get the most updated info. It costs me $24.95 a month but it is well worth it because it also gives me email addresses and phone numbers.
If you are going to buy the property, fix it up and then either sell it or rent it then you are through.
But if you want to wholesale the property to another investor, 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. And again use beenverified.com to get the best and latest contact info.
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
Post: How to buy time for Wholesale deals
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
Network at local REI groups is the best method.
Post: Getting started in Orlado, Florida
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
Hi @Nicu Vlad I am an investor/wholesaler/mentor in Orlando and I host a monthly BP Meeting. The next one is on Jan 10 at 6:30 PM. Here is the details of where it is at and the agenda. If you plan to attend you can meet many local BP RE investors with various experiences. Hope to see you there.
Post: What makes a successful wholesaler?
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
@Nancy Bachety The best place to find liens is to look in the county courts website.
Post: What makes a successful wholesaler?
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
Hi Alexandra I have been wholesaling properties for 17 years now, starting in Missouri and now in Orlando. That is only part of what I am doing now. Welcome to BP.
My advice to new investors is to start wholesaling properties. This is the quickest and best way to get started with the least cost.
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.
Many times the owners don’t update their mailing address with the county so you may get the letters returned. I use beenverified.com to get the most updated info. It costs me $24.95 a month but it is well worth it because it also gives me email addresses and phone numbers.
If you are going to buy the property, fix it up and then either sell it or rent it then you are through.
But if you want to wholesale the property to another investor, 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. And again use beenverified.com to get the best and latest contact info.
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
Post: SENT FIRST DIRECT MAIL BUT.....
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
You need to hire a specialized answering service that sounds like you office. One of the best for real estate investors is patlive.com
Post: How to get started as a wholesaler
- Investor
- Orlando, FL
- Posts 1,351
- Votes 780
HI Britney, I am an investor and wholesaler here in Orlando with 17 years full time experience. Welcome to BP.
My advice to new investors is to start wholesaling properties. This is the quickest and best way to get started with the least cost.
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.
Many times the owners don’t update their mailing address with the county so you may get the letters returned. I use beenverified.com to get the most updated info. It costs me $24.95 a month but it is well worth it because it also gives me email addresses and phone numbers.
If you are going to buy the property, fix it up and then either sell it or rent it then you are through.
But if you want to wholesale the property to another investor, 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. And again use beenverified.com to get the best and latest contact info.
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