All Forum Posts by: Zahrah McFadgen
Zahrah McFadgen has started 10 posts and replied 75 times.
Post: Wholetailing without a license
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @James Andrews:
This is not meant to be legal advise, but...
One of the major advantages that I never hear mentioned is that I can generate 5k mailing lists monthly for no extra fee. The Pros and Cons are numerous.
Thanks for the advice James! Could you elaborate on the free 5k mailing list please?
Post: Wholetailing without a license
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @John Thedford:
A perfect example is a house I listed maybe 3 weeks ago...
I'm loving those options John!...lol I think that's the best part about getting the license, the options it gives you.
Post: Wholetailing without a license
- Investor
- Menands, NY
- Posts 78
- Votes 16
Well I'm still new at this RE investment stuff but from what I heard wholetailing is the same as wholesaling except you buy the property and sell it at retail value instead of selling the property contract to another investor and only earning an assignment fee. Some people say it's kind of like flipping a property too.
Post: Wholetailing without a license
- Investor
- Menands, NY
- Posts 78
- Votes 16
Thanks for the advise and information! All good stuff for me to look into and consider.
Post: Wholesaling & NY State laws
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @Bryce Cutler:
Great Zahrah, hope to see you at the meeting next month.
Bryce
Absolutely Bryce! :)
Post: Wholetailing without a license
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @Tom Cafarella:
You should 100% get a real estate license if you are a real estate investor.
I'm really loving the sound of those benefits Tom!...lol I do plan to get my license but not join the board for now. If all goes well, and I'm able to grow this business steadily, I might seriously consider going further with my license so I can take advantage of all of those benefits. I sure would hate to leave money on the table after working so hard on these deals. Either way, I appreciate you sharing that information! Thank you!
Post: Analyzing Repair costs in Wholesaling
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @Ohio Alofoje:
Zahrah McFadgen Thank you so much for your response. I really appreciate it. I will definitely buy the book as I really need a clearer understanding of how to estimate repair costs in analyzing my deals more effectively. Thanks once again.
You're very welcome Ohio! I'm new too and struggle with this myself so I definitely can relate.
Post: Wholesaling & NY State laws
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @Desiny Smith:
Hmm.. not too familiar with the laws but I would imagine any real estate lawyer particular to the capital region would be able to provide you with some information regarding wholesaling, in addition to reaching out to our local REIA.
>>>>>> http://actioninvestorsnetwork.wildapricot.org
I have yet to go to a meeting but I am always interested in meeting with other investors!
Hi Desiny. Sorry if you didn't get my original response but here it is just incase.
"Thanks so much Desiny! I actually go to that local RIA. I just started though but I can ask one of the lawyers there. Appreciate your help!" :)
Post: Wholesaling & NY State laws
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @Bryce Cutler:
It's a great group, you guys should check it out. meets on the third Monday of every month at the Century House in Latham. Next meeting is the 16th of January.
Hope to see you there.
Bryce
Hi Bryce. Not sure if you received my original response so here it is again.
"Thanks for the advice. I just attended and joined the AIN club this Monday. I'll touch base with one of the lawyers there. I look forward to meeting you guys as well!" :)
Post: Wholesaling & NY State laws
- Investor
- Menands, NY
- Posts 78
- Votes 16
Originally posted by @Steve B.:
@Zahrah McFadgen You will definetly want to talk to a local real estate attorney that knows about wholesaling. Most of the information pertaining to wholesaling pitched by the gurus doesn't apply around here. Check out the AIN group there are some attorney's there that are very knowledgable on this subject matter.
I don't know if you got my first response so I'm reposting.
"Thanks for the advice. I just attended and joined the AIN club this Monday. I'll touch base with one of the lawyers there. I look forward to meeting you guys as well!" :)