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All Forum Posts by: Andre Vaughn

Andre Vaughn has started 4 posts and replied 22 times.

Post: Quick Question about an Assignment...

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

When you are doing a wholesale deal and assign the contract, does the deposit and balance of the assignment filter through you or the title company?  Is there a standard way?  Thanks!

Post: Co Wholesaling QUESTION???

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

You are correct @Ned Carey I have it under contract.  Thanks for the advice!

Post: Co Wholesaling QUESTION???

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

Absolutely and thanks for the advice @Lamar Cannon !!

Post: Co Wholesaling QUESTION???

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

I am considering "Co Wholesaling" my first deal under contract.  My question for you all is what are some of the things that I should look out for?  I have done my due diligence on the possible joint venture partner as well so I am comfortable with him personally.  I know that many of you have had numerous experiences so what better way than to get advice from you all.  Thanks!  

Post: What Are the MAIN PROBLEMS with Wholesalers?

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

I'm blown away by the ENORMOUS response from this post.  There have been some truly amazing people with various perspectives on Wholesaling.  I have connected with some great people with some very good advice too.  I will be a better investor from it though I am in my early stages but I am committed as well.  The experiences that you all have been through will help me and MANY others with similar questions to be better at their craft.  Though we agree to disagree in some cases, the knowledge that was shared is PRICELESS.  Thank You All!!!

Post: New Investor in St. Louis, MO.

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

Hey Thanks so much @Dave Visaya its the only way that I will learn and get a feel for my future investing.  The folks in here have been NOTHING BUT SO, SO HONEST AND HELPFUL!  I really appreciate it because I will ask a BUNCH of questions regarding real estate.  Enjoy!!

Post: What Are the MAIN PROBLEMS with Wholesalers?

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

The useful information that I have received throughout this post will be VERY, VERY helpful to myself and other newbies that actually have a real estate investment plan that involves wholesaling.  @Dean Letfus it sounds like your definition of wholesaling is spot on and I will definitely learn from it. @Curt Davis I read another post on BP about a property attempting to be wholesaled from the MLS. Tactics like that would absolutely ruin your reputation quickly. @Sondra Mckibben your Dad taught you well because I live by those same values and teach my children that way also!

Post: What Are the MAIN PROBLEMS with Wholesalers?

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

WOW!!!!  You talk about integrity or lack of integrity!  Sounds like he was playing a heavy game of "Real Estate Three Card Monte." @Ryan Dossey You are very fortunate that you didn't get involve in his game.  The time wasted is upsetting too.  Thanks!

Post: What Are the MAIN PROBLEMS with Wholesalers?

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

Thanks for adding to the post @Jessica H. it sounds like the ARV is a real issue. Easton, PA home of "The Easton Assassin" former Heavyweight Champ Larry Holmes! Nice!!

Post: New Investor in St. Louis, MO.

Andre VaughnPosted
  • Saint Louis, MO
  • Posts 23
  • Votes 8

Thanks, I never even knew about the MEET feature and I will definitely utilize it.  I signed up for Meetup about a few months ago (and actually got an email today, iconically!).  Part of my investment strategy is face to face network (though its still early) though I plan to do so as well.  You have a wealth of knowledge @Edward Synicky and thanks for sharing with me!