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Updated over 8 years ago, 04/15/2016
Wholesaler in the Denver, CO area
I work for a company that buys properties in as-is, where-is condition and turn the properties over to investors. They get in, do the repairs, and put them back on the market for rent or sale, whichever you are looking to do. Our properties are usually 50% below current market values. We have private inventory and many of our deals are off market.
Hello @Allan Tamez and let me be the first to welcome you to BP. At BP you can find great information on real estate while connecting with other real estate investors. I wish you all the best. You are not alone in your real estate ambition.
Glad to hear that. Thanks for the welcome!
Hey @Allan Tamez,
I recommend checking out the local Denver meetup, here's a link- Denver Meetup.
I'm interested to know what kinds of properties you are currently coming across. I'll PM you so we can connect.
Thanks for the invite! I'll check it out for sure. PM and I'll let you know what we have in inventory. The market is bananas right now so our properties are selling hours after we find them.
Looking forward to connecting and hopefully doing business...
Hello and welcome to BP! It sounds like you are under a good profession that will take your investing and promising. Just do what you like to do. Try to invest as close to the city as you can. Near ( walking distance ) to public transportation is a plus. Try to get a location hasof a property.. Always do the numbers and try to look at the property or at least put a clause in the sales contract allowing you to back out without having to pay more penalty than you put up as earnest money. Always take out insurance on the property to protect you if there is a loss. Always change the exterior door locks as soon as you can after you close. If the door locks are still in good shape just install them at another address.
I am 59 years old and I found BP about 7 months ago and I am still trying to decide what to do. I went to college, and it is not mandatory, and I got a business degree. Since I was in Texas I was qualified to get a broker license without having to take anything extra. I kept that license for about 30 years. I did close a few deals for other people. My father has been in real estate for about 40 years and he has taught me a little bit. If you think that I can help you please contact me through BP at any time. Good luck!
Originally posted by @Allan Tamez:
Our properties are usually 50% below current market values.
50% below value in this market? Can you share some of the properties you've sold?
Can you send me a PM or add me as a colleague? I just typed this long message and the system says I cant send it to you without us being colleagues...
