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All Forum Posts by: Austin Jay Toniolo

Austin Jay Toniolo has started 7 posts and replied 36 times.

Post: Purchase before foreclosure auction

Austin Jay TonioloPosted
  • Posts 37
  • Votes 5

@Jordan Radke Good luck, and I am interested in hearing how it all turns out for you. My company assigns single family investment properties, including land, and we are now starting to focus on buying/assigning pre-foreclosure. By the way, what has been the biggest issue between spotting the subject seller and striking a deal with the owner (if you have gotten that far yet)? I am curious because I read there may be a period assigned by the lender where the seller commits to paying them back. Based on my limited understanding regarding buying preforeclosures, I think you cannot sign a contract with the distressed seller during this period?

Post: The Truth about Wholesaling!

Austin Jay TonioloPosted
  • Posts 37
  • Votes 5

@Barry Pekin THANK YOU SO MUCH BARRY FOR THE INFO!! 

Post: The Truth about Wholesaling!

Austin Jay TonioloPosted
  • Posts 37
  • Votes 5

@Barry Pekin The buyer attorney mentioned the title company cannot insure it due to inability to prove some of the heirs associated with the subject property. Also, the property came up on the court of chancery with a possible judgement on one of 22 heirs associated with the sale. What else would you ask for, and is this sufficient? 

Post: The Truth about Wholesaling!

Austin Jay TonioloPosted
  • Posts 37
  • Votes 5

Good evening folks. What are your pro thoughts here? I picked up a parcel in Georgetown DE, which I assigned to a builder. I used the builder's attorney to run title work.. Title work comes back dirty with heir and court of chancery problems, according to the attorney. I relate this back to seller, and he explodes in frustration. Seller says it cannot be possible his title is dirty, because the same heirs involved in my assignment deal, are the same heirs involved in another active sale he's got. I keep telling him what my buyer's attorney related to me, but seller wants proof. 

What proof can i give him being , the attorney handling title work is not my attorney, but my buyer's?

It sounds like I am shortcoming myself by using my buyer's attorney (even though he was my coach and we have done many deals before)...am i not?

What are your recommendations?

What would you do in my shoes? 

The buyer attorney keeps recommending that seller gets an estate attorney, and seller demands a description of the problem to go fix it.

Thanks again for the amazing community you folks built! Stay safe!

Austin. 

Hi leaders! Has anyone fully automated PODIO CRM and know of a solid and reputable programmer who can do it for my standards and needs? 

Hello everyone. I am utilizing PODIO CRM for staying on top of my leads and ensuring I process them to closing in the most efficient way possible. It is a great app, but I am having an incredible hard time having PODIO automatically talk to Google Contacts about updating a lead 2-ways. Has anybody come across the situation and know a hack, maybe through ZAP or any other 3rd party app, that can make this happen? Any other alternatives out there?

Thanks for your awesome responses as always, and for taking the time to shed light on us! 

Hi folks! I live close to the Delaware beaches and I wanted to get your insight for targeting absentee high equity owners with the goal of doing Luxury AIR BB on them. My plan is to manage those vacation rentals at a 30% cut each, and racking enough luxurious properties under my belt to add another stream of passive income. Do you guys find direct mailing these leads a great way to this? Who is managing AIR BB's and what are your tips, do's and don'ts? 

@Chase Keller and team in this thread! Thank you for your great inputs. After my team of residential investors and brokers joined Brad Sumrok's Apartment Investor seminar, we decided to invest in apartment buildings. We are fascinated by it. Like all of you, we are working on launching a successful DM campaing to target Apt Owners in NC and FL. What are your key points on your mailers? Besides the "72-hour offer" which seems like a great one. Can any of you share with me a template of your mailers? Thank you again for your tips and advice! 

@Robbie ReutzelThanks for the great responses. What service do you recommend that provide quality phone numbers? I’m an investor looking to generate more leads for the funnel.

Warm regards,