All Forum Posts by: Al Davis

Thanks for the response. So it does make more sense to do as much research as possible and then contact the seller to see the property. Once I contact the seller, what are the most important questions to ask? Why they are selling? How much do they owe?

I wanted to get some opinions on contacting sellers - I've done lots of research on what information to get from sellers and there seems to be several ways to do this. My question is, if I'm calling a seller, is it more beneficial to ask the qualifying questions first and then arrange to see the property, or, is it better just to do as much research on the property first, work some numbers (ARV, possible offer), call the seller to setup a time to see the property and then ask qualifying questions. I just want to get some opinions and reasoning why do it one way or the other. Thanks!

That's excellent Kristian. What is the best way to get in touch with you???

Thanks for the response, Jimmy. I'm sure I'll have more questions in each step of the process.

Hello all,

This is my first post and I would like to start off by giving my appreciation and thanks to all of the members here at BP for being so helpful to all the newbies and answering all of questions. You guys don't get enough credit for changing and inspiring peoples lives for the best.

I'm brand new to all of this but I'm very, very motivated to get out of the corporate grasp asap. For the past week, I've been reading as much as I could about REI and have put together a mental plan on how I want to approach this. Here's my situation - I don't have much money, my credit is poor to fair depending on which credit bureau is pulled and I live in Las Vegas. Based on this information, I feel that wholesaling would be the best way to start off. Here's my dilemma - is this the right approach to use here in Vegas with so many foreclosures and REO's? What do you guys think about be able to wholesale in Las Vegas? My goal for this month is to build my buyers list, find a couple of real estate agents to work with, find a title company and real estate lawyer that does both assignment and double closings, and make any other connections that I can. Is there or anything else I should be doing? I'm open to any suggestions and appreciate any feedback. Thanks.