All Forum Posts by: Stephen Chatto

There are a lot of wholesalers in Mercer County.  We wholesale deals, feel free to reach out to me if you want to get on our list.  

I have not had an issue with any title company we used as far as assignment of contract.   If you are doing deals near Mercer County I would recommend Sterling Title Company.  They do a great job

 Michael,  Personally we do not collect rent.  Tenant pays the rent.  :)   That being said they can bring it to us, mail it to us, or deposit it at the bank.  My buddy uses appfolio, and we are considering making the switch which leads to tenants ability to pay at 7-11 stores.   

@Justin Hansen, The local South Jersey Real Estate Investors Association has two meetups this month on wholesaling.  One in Trenton and one in Princeton.  Google them if interested.  

@Michael Grasso - I m currently investing in Rentals in Trenton NJ. The prices are good, the rents are strong, and mercer county eviction process is very fair. With the current investments going into the city, I have hope, but it is more of a cash flow game then an appreciation game there now, although I do see the prices creeping up. The BRRR Strategy that @Vincent Priore talks about is a great tool, and something to learn as much about as you can as you build your wealth.  Because of this strategy we look at shooting for being all in (Purchase and Rehab) at 75% of appraised value.  

Good Luck!

Stephen Chatto

@Nick M. - I am currently buying Rental Properties in Trenton NJ.  The prices are still very good, the eviction process is fair, and the rents are strong.  As with any city, I strongly recommend you get to know where you are going to invest.   As any city has variations block by block and getting to know that is important.   

Good Luck, 

Stephen Chatto.

Stuck in your real estate business not knowing how you can fund deals?

Good News! We have partnered with Paul Margaritis who has rasied millions of dollars for his own real estate deals. He has presented at our meetup a few times, and has stepped up to give out some awesome content on a live webinar with Q & A

Why did we ask paul to teach this for us? Simply put, we implemented a few of the principles that he taught at our meetup and it transformed our business in 2016. We have been able to purchase our own wholesale deals, and in fact have 4 more lined up to close this month to Add to our portfolio.

Being excited to learn as much as we can about raising capital, we selfishly convinced Paul to teach a course on how to raise private money.

Paul has been doing this for over a decade, and his willingness to share what he has learned will put everyone willing to listen and implement on the fast track to success.

You can opt in to the webinar at https://edu.goodvibesre.com/

What you will get on this Webinar:
1) Great Content on How to Find Private Lenders
2) Actionable steps you can take to Find Private Lenders
3) Learn how to approach and talk to Private Lenders
4) A Question and Answer Session, getting you the answers you need.

I look forward to seeing you on the Webinar!

Thanks, 

Stephen Chatto

@Nick Brown - I would sign as member of the LLC, not personally. Be careful with your transparency. If your intent is ONLY to assign the deal, then you are treading on acting like as a realtor without a license. Consult a local attorney. Check out this Video Interview with Attorney Christopher Goodson. Here is a link to the Video

@Shamil Rodriguez - Sounds good.   We have meeting regularly.   

Talk to some local investors.   I use a short two pager when direct to sellers.