All Forum Posts by: NA Jones
NA Jones has started 35 posts and replied 274 times.
Post: Possible first flip? Need help

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
Another thing to consider when for going "off-market" ... if it's been sitting on MLS for 150 days, it's not a deal. It means hundreds - and since you are in California, maybe thousands ;) - of other seasoned investors have looked, crunched numbers, and passed.
A listing hit MLS here recently and had nearly a dozen offers on it within 24 hours of being listed - several cash investors and owner occupants. My husband and I went to view it and we arrived as people were leaving, and another couple arrived while we were there. THAT'S what an MLS "deal" looks like...
Good luck Jordan!
Post: How to find out what seller owes on their mortgage?

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
I'm so curious about this as well! What's the verdict?
Post: Why Are there So many Real Estate Mentors amd Teachers?

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
My insight is not about the gurus running free seminars that end in a sales pitch for their 30k gold program - it's just about the community here at BP, and the seasoned pros who spend their free time here networking, answering questions, and discussing all things REI for no compensation.
As I continue on my journey, I'm realizing that becoming "successful" in REI takes a heck of alot more than just education. I put successful in finger quotes because everyone defines success differently.
The two most popular (free) forums on here are the New Member Introductions and the Starting Out forums. For every successful investor here sharing their knowledge for free, there are hundreds of newbies that come with high aspirations and are never heard from again for whatever reason. For alot of budding investors, the education stage is as far as they'll ever get.
I think you'll find the folks here offering up their wisdom are creating far less "competitors" than you seem to think. And of those that do "make it" further than the introduction page become colleagues, not just competition.
And on top of it all, life really works as @Rick Miller said - if you want to receive, the 'secret' is to give.
Post: 1st REIA Club Meeting

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
Expect the waitstaff at Giovanni's to be less than stellar, and expect to be there well past the end time. Also - it's a great meet :)
Post: Bidding on HUD

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
Thank you!
Post: Hello Everyone. Newbie here from Baltimore area

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
Howdy neighbor (well half the time) and welcome to BP!
Post: Bidding on HUD

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
I made a bid on hudhomestore.com last night and this morning it says the asset manager cancelled our bid.
Bid Status: | Cancelled |
Does that mean it's flat out rejected? No counter? Try again with a better offer?
Post: Will i be the only one working on Black Friday? I'm planning on putting up a bunch of bandit signs....

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
Pretty sure every retail employee in America will be working Black Friday so no, you won't be the only one.
And Thursday. :\
Post: Flipping properties with Credit cards

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
@Ursula B. Please let me know if your scores recover quickly... We are considering financing about 40k worth of rehab this way which will bring my util to nearly 70% from 0%. I'm very proud of my FICO score and would hate to tank it 50 points long term.
Post: Can anyone share how you make your first million in Real Estate?

- Flipper
- Port Deposit, MD
- Posts 280
- Votes 171
@Brian P. The next time you have a crazy idea and are looking for investors, you can have my 25k :P