All Forum Posts by: Jabari Adams

Hi @Anthony Dirosa ! Welcome to BP! I'm an agent here in South Jersey, primarily working with investors. Let me know how I can help!

@Account Closed This was a great post! I have been doing the same thing for some time now. I would love to connect with you soon.

@William Lees where are you located? We are currently in the market as a brokerage and also buying investments as Principals. I would like to connect with you!

My name is Jabari Adams and I'm an agent in Willingboro, NJ. I am currently trying to find some off market multi family and apartment deals for some investor clients and myself. Does anyone know some resources and efficient ways to search and find some great apartment deals? I have listened to the BP podcasts #120 and I think the other is #133 and did receive some great ideas. Just wanted to see what else other investors have done that have brought them success.

Thanks in advance for the feedback!

I just sent my first round of letters out on Saturday and this was the first response I received:

Hello Jabari,

I received your letter expressing your interest in purchasing my property at the above address.

I just finished spending $20,000 in renovations. This property is now one of the best in

Rittenhouse Park. The property has an estimated value of $115,000. If you are interested

in making me a serious offer, I would be willing to listen.

Thank you.

The neighborhood that the house is in the average comps are $55,000. I'm not really concerned about his valuation, I'm really concerned about my next approach. I'm wondering if I should maybe wholesale it to a live-in owner instead of a normal cash buyer/flipper. Any suggestions?

@Dev Horn @Tony Johnson @Victoria Winters @Joseph Ball 

I just sent my first round of letters out on Saturday and this was the first response I received:

Hello Jabari,

I received your letter expressing your interest in purchasing my property at the above address.

I just finished spending $20,000 in renovations. This property is now one of the best in

Rittenhouse Park. The property has an estimated value of $115,000. If you are interested

in making me a serious offer, I would be willing to listen.

Thank you.

The neighborhood that the house is in the average comps are $55,000. I'm not really concerned about his valuation, I'm really concerned about my next approach. I'm wondering if I should maybe wholesale it to a live-in owner instead of a normal cash buyer/flipper. Any suggestions?

Thank you so much for your suggestions and input @VictoriaWinters , @Dave Horn and @Joseph Ball 

I am putting the first 20 out in a couple of days. Putting the tracking system in place now.

Good morning all!

I am about to send out my first round of yellow letters this week. I received a few different types of mailing list. One of the list that I am using is an active code violations list. I am wondering for those properties that don't seem to have an absentee owner, should I still send them a letter? 

Well I the I narrowed down the exact neighborhood and section that I want to invest in. they are single family townhomes. It is a small are with a lot of foreclosed and vacant propetrries. I am looking to get the properties for less than $40,000 each. The highest priced property has been on the market for almost a year for about $60,000.

Hello all! My name is Jabari. I am starting to buy my first rental property and got a list from the township of all the foreclosed and vacant properties in the town. The list includes the address, mortgage representative and phone number. I want to start contacting the representatives but I want to make sure that I know as much as I can before I call. What are some thing that I should already know before I call? What are some questions should I ask? Should I contact the person or group that owns the deed instead? What should I already be prepared to do after contact them? I know there are a lot of questions but I would greatly appreciate if any of these questions can be answered. Please feel free to ask me anything if you need additional information.

Thanks!!