All Forum Posts by: Brian Cam

What I do is open up google maps and "drop a pin" at that location.  In addition to that I also write down the address on a yellow pad I leave in my car.

I would be interested to see if there is an app that can do what you are asking.  However, I think because your car is moving the gps wont lock on to a single address.  Unless you stop in front of the house, in which case you might as well write it down on the pad.

Basically.  You may want to speak to a title agent or attorney to be sure there are no weird laws to be careful with in your state.

Also, you may want to avoid a double closing, and opt for a "assignment Agreement" instead, this will save you money on closing costs.

Feel free to reach out with questions!

Sounds to me that you need to find a buyer.  From the looks of it, he has wholesale deals that he is looking to sell to another investor. 

First, I would ask him exactly what this list is, so you don't waste time if it's something different.

Second, I would create a JV agreement with the lender that you will find the buyers

Third, find buyers for his deals

Fourth, get paid and repeat!

Feel free to reach out to me if you have any questions or need any help!

Good Luck!

Hey Greg,

Did you ever consider buying the condo from your landlord subject to?  Just take over the payments for him, and maybe give him a couple thousand just to keep him motivated through the paperwork.  If he is actually going to lose the property anyway, this way he saves his credit and gets a couple bucks back too.

My advice (and it's just that, so take it as you may).  I would save up more money.  In the meantime I would be searching for multifamily properties (such as a duplex).   Once you have a decent amount of savings I would purchase the multifamily property.  You could rent out half and live in the other half.  

This way your renter could pay for some or all of the mortgage, and you could continue to save more money every month.  Then once you have that saved you buy another duplex and rent out both sides.

This is just a simple example, but that would be the route i would personally take.

Hey Loui,

You came to the right place.  Between the blogs/podcasts/forums/ etc you have a wealth of information at your fingertips.  Also, feel free to reach out to me if I can be of any help to you!

Good luck!!

I agree with Jennifer, a good deal will make a lot of problems disappear.  If anything, the seller is usually the one that has a problem with it.

What ever happened to this potential group?  I would be interested in attending if you decide to resurrect it.

thanks!

 Yes, sorry I should have specified 

Hey BP Family,

Long Island NY is my main market, but I found a deal in North Carolina. However, the owner/investor/seller said that NC has special laws.

He said I cant have a traditional option to purchase without registering it, and giving earnest money.

Is this true?  Is there any investors in the area that can guide me the best way to go about this?

Thanks!