All Forum Posts by: Tim Healey

Hey all... I would like to connect with some more wholesalers in the Palm Beach Gardens, West Palm Beach area. I'm on the hunt for some deals so would be good to chat. 

Thanks!

Hi Tim.... Will keep you in the loop. 

Thanks all.... Lots of food for thought in all of that!

I was listening to the BP Podcast this morning, they were chatting to a couple of guys out of Atlanta, and they mentioned that their first deal didn't quite satisfy the "2% Rule". I have heard of the 1% Rule (rent to purchase value), but not the 2% rule. Can anyone enlighten me?

I should actually re-phrase this as Deals and Drafts.... I'm Australian hence the funny spelling!

I'll set a date for next week and hope we can round up a few takers

I think it can be a great idea when you're trying to maintain your property a little better, or perhaps want to keep a stake in the day to day condition of it. Organizing a regular cleaner or gardener etc.

I have found it best to just include it in the advertisement and lease rather than offer it as a choice. Provided the cost is reasonable it shouldn't put people off too much. If you've got a few places clustered you may get a cleaner to do you a pretty good rate too.

Tim

Hi all, thought I would gauge interest in a networking evening where a few locals can get together, have a few beers and chat about the local market. Super casual, all about making friendships and learning from each other. If you're keen let me know. 

I am thinking of hosting the first event at the Twisted Trunk Brewery in Palm Beach Gardens this Thursday or Friday. 

Thanks 

Tim 

Hi... I currently hold 4 rental properties and am thinking about how I will go about expanding this little empire of mine. I have listened to a lot of Podcasts (BP & others) and read a lot of books, and there is tons of discussion and coverage on how people become wholesalers, how they run their wholesale businesses, how to get leads as a wholesaler etc. However, I don't hear/see much discussion of people's experience in buying from wholesalers. So I'd love to hear more about being a buyer of wholesale properties....Here are a few questions that come to mind:

1. What good/bad experiences have you had?

2. Are you getting deals below market or have you walked away thinking you should have just gone through the MLS?

3. Have you financed a property purchased through a wholesaler and how did this go?

4. Do you know of any good wholesalers in the West Palm Beach area?

Thanks everyone! 

Thanks for the replies all. Will look into all the suggestions. 

Thanks Marco!