All Forum Posts by: Derek Dombeck

Welcome  to BP!

Feel free to connect and message me when you need help.

Happy Investing 

Derek Dombeck 

Hi Ben,

I am in your area and would like to welcome you to BP. If you are looking for local networking, I just sent you a colleague request.  Let's talk.

Happy Investing

Derek Dombeck

Barkley, 

For your standard purchase contract, Google WB-11. That's the realtors form for our state. For Sub to and lease option you will have to have them put together and you want to make sure the lease follows WI tenant/landlord laws. If you want to meet people to learn from, come to Green Bay REIA tonight for the meeting.

Happy Investing

Derek Dombeck

Welcome to BP.

If you want to ramp up your education, check out your local REIA in Appleton. The people that run it are great. I run a REIA in Wausau and the Green Bay REIA is awesome too. We are all here to help!

Happy Investing

Derek Dombeck

Hi David, 

Welcome to BP. I am also in the Wausau area and I run our local REIA. If there is anything I can do to help, let me know.

Happy Investing

Derek Dombeck

Ken Garza

Welcome to BP. Definitely get to a networking group in your area. I'm not sure where you live, but if you're ever in the Wausau area, check out my REIA I run. We would love to have you.

Happy Investing

Derek Dombeck

Davon,

If you are offering on a property in WI,  use the standard purchase contract the realtors use. If you spend some time reading it, you most likely will understand it enough to be more confident in your offer. It can be found online by a Google search of WB - 11.

Happy Investing

Derek Dombeck

Mark Strobel,

Welcome to BP. I run the Central WI REIA in Wausau and would like to extend an invitation to you to check us out. We are the only structured group in our area and meet the 3rd Monday every month, which happens to be tomorrow night, at 6:30 Holiday Inn by Cedar Creek. Check us out online. I can't put the website on this post as BP will pull down the post. Google it.

Happy Investing

Derek Dombeck

Angela,

The answer to your question depends on where you intend to make offers. If you only intend to bid on MLS Listed property, your conversion rate will depend on how good your agent is and how much competition your local market has. If you run your own marketing campaigns, like bandit signs, direct mail, google adwords, etc., you may have a better conversion rate. Especially if you are getting leads on houses which are not yet on the open market. This strategy requires you or someone on your team to be a good negotiator.

Happy Investing

Derek Dombeck

Daniel,

The answer depends on your overall business goals. Many areas in the country, including where I live, fall into your example. If you want cash flow with tax advantages, I would buy. If you want upside potential, pass on this one.

Happy Investing

Derek Dombeck