All Forum Posts by: Account Closed

First the contract you have with the seller has to state that you can assign the contract. Does it? If it does then the seller DOES NOT sign on the Assignment, just you and the buyer. The buyer then will take over your position on the contract and be working directly with the seller as the buyer. You just make sure the title company the buyer is closing with gets a copy of the signed Assignment Agreement so you can get paid. 

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 

Evberybody that wants the flyer click on my picture and send me an email with your request.

You don't wholesale them. I negotiate with the seller with seller financing and then sell to a lease option tenant. 

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

Network at local REI groups is the best method.

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.

https://www.biggerpockets.com/forums/521/topics/38...

@Nancy Bachety The best place to find liens is to look in the county courts website. 

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

You need to hire a specialized answering service that sounds like you office. One of the best for real estate investors is patlive.com