All Forum Posts by: Taneisheo Ferguson

thanks @Barry Pekin I've been calling the numbers from driving for dollars and that has not been successful regardless of my filters. My leads aren't motivated. I need to get in front of motivated sellers. I really dont like posting bandit signs. I'd much prefer to go digital.

I recently started wholesaling. 3 weeks now. I decided I was gonna drive for dollars even though I don't have a car and I live in Philadelphia. I was told Bandit signs work best from a local REI @ a REIA meeting. So I realized I'm doing 2 marketing channels. I've heard I should pick one strategy and stick to it. I plan on placing the rest of the signs(100 total) I already bought, but I understand this is a numbers game. I need to at least generate 1000 leads in order to make my goal. Should I also look into using lists (list source, propstream, etc.) or should I just continue to D4D & buy more signs. Any constructive advice is welcome. Thank you

@Brenda E. what happened with the property? I found one here in Philly. I hope it was worth the hooplah 

Hello BPers. My name is Taneisheo and I am moving to Atlanta this month. I am currently a project engineer for a mid size general contractor in Miami. I am looking to get into the real estate market in Atlanta. I love this city and finally making the move and pursuing my dream. Are there any investors out there looking for a project manager or know of anybody hiring someone who knows construction beacuse I am looking. I would like to partner with an investor to learn the business and get deals done. I look forward to your responses and my move!

@Robert G. exactly my point. I thought I was crazy. I've seen places for under 200k but you're right the cost of repairs and the area don't make it worth the investment, especially if I owner occupy. @Carlos Rovira I think an efficiency is the way to go for my position.

Thanks all for your comments!

Has anybody here ever built an efficiency in order to supplement their mortgage as an investment strategy? The Miami market is very bullish, and multi-family units are hard to come by in my price range. The problem is I do not qualify for a lot of multi-family units as they start around 300k (and still need work). This will be my first purchase (living at home with parents). I wanted to house hack but i rather not commute an hr from my job (hate commuting). Any advice would be appreciated.

Thanks

@Tomas F. if you don't mind me asking how did you finance this flip? Was it a traditional loan? Also how did you finance the cost of the rehab. I know a lot of buildings in the wynwood area require a lot of work in order to turn a profit. Coming up with the cash to fix and getting a decent return on a developing area would be very hard, don't you think?