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Updated almost 7 years ago on . Most recent reply

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29
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Bruce Weyer
  • Rental Property Investor
  • Jacksonville Beach, FL
14
Votes |
29
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Jacksonville FL market

Bruce Weyer
  • Rental Property Investor
  • Jacksonville Beach, FL
Posted

Hi, I'm new on BP, I wanted to connect with people in the Jacksonville, FL market that are currently investing here or are looking to invest here. I'm interested in doing a BRRR and wanted to connect. Thanks.

Most Popular Reply

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1,372
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Mark Fries
  • Contractor
  • Jacksonville, FL
2,198
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1,372
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Mark Fries
  • Contractor
  • Jacksonville, FL
Replied
my best advice to find "buy & hold" deals in Jacksonville or prolly anywhere else is to "tune out the noise"... 1. find one good realtor that's all you need, and that's only to help you close the deals you MIGHT find on MLS. 2. real estate attorneys, brokers and appraisers honestly serve absolutely no purpose to helping you FIND buy-and-hold deals. I wouldn't spend any time trying to mingle and network with them in hopes to create viable leads. it's a good idea to have one attorney in your corner to help with things that may come up but that's about it. 3. networking has its benefits but I think it just holds people back from going out and taking action and finding deals. 4. driving for dollars and knocking on doors will give you far more deals than anything else that I have discovered. 5. find one decent title company and just stick with them. there's no need to try out different title companies because they all are sub-par and mediocre just find the best of the worst. they all serve the same function and can get your deals closed whether through MLS or driving for dollars. 6. keep really good notes with contact names and numbers so you can do continuous follow-up/letters. 7. in the last five to seven years I have had zero success utilizing wholesalers.. it seems they try to give me deals that are listed on MLS or other well-known resources that I already know about but they just add their markup on top of them and try to market them to me. I'm sure there's one rock-solid wholesaler out there that gets really good deals but by the time he gets them they're already gone and the odds of you being the one guy that he gives them two are slim to none. 8. local real estate investment groups that have weekly meetings- I signed up 2 years ago and went to like 7 meetings and it was a group of people that were stuck in analysis paralysis mode that mostly talked about the deals that they missed and that's not the kind of people that I chose to surround myself with. I'd rather discuss the four deals I got pending to close. I guess I'm just saying pick your path and stay laser-focused on it and over time the deals just start flowing in.

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