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All Forum Posts by: Walter Martin

Walter Martin has started 1 posts and replied 6 times.

Post: Investing while abroad

Walter MartinPosted
  • Virtual Assistant
  • Van Nuys, CA
  • Posts 6
  • Votes 2

@Zeke Marshall Check out: DmitriyFomichenko https://www.biggerpockets.com/users/SenseFinancial

Of my first share, his replies and profiles similar to his will help you size up your game face and get it done! To good times! Go get your 30 mill!

Post: Investing while abroad

Walter MartinPosted
  • Virtual Assistant
  • Van Nuys, CA
  • Posts 6
  • Votes 2

@Zeke Marshall Any mistake one make is that of ignorance..  Bottom line you've got to "believe you can" before any one else will. I recognize you've got that in place already. However in BP *RSVP every thing you share here and elsewhere: *(READ, STUDY, VISUALIZE, PRACTICE.)  Many of us  will get stuck at the visualize part because there aren't enough of us "willing to go in" and invest exactly into the best of other's potential before they jump in assuming that is what everyone is doing.. What you will learn in sports will help you big time investing in stocks and RE diversification; including wealth building..  Great share again, about sticking around! However find your pace, because believe it or not last I check there is more than enough to go around!  Everything with time is about getting stuff done. In all respect don't short your vision for what's happening, do "what you wanna see done." Stay focus, you are on the right path!

Post: Investing while abroad

Walter MartinPosted
  • Virtual Assistant
  • Van Nuys, CA
  • Posts 6
  • Votes 2

@Zeke Marshall Welcome to BP, I read in brief your sharing, I can say for you your profile sums up what you currently have to offer and I applaud "your courage" for this industry. It is a lion's paradise! You are in the right place for network. I hope you are able to stick around for the long haul as you will learn plenty and much more that you have a sport background as a base to fuel all your ambitions.. Do your homework is my only suggestion while gaining insight to find "your team" within the real estate business. I think you will do great!  

Post: Newbie from Los Angeles, Ca

Walter MartinPosted
  • Virtual Assistant
  • Van Nuys, CA
  • Posts 6
  • Votes 2

Good Morning BP community! Thx for patience and your questions.

 @Gregg Contreras about your questions of where and how we @Saxxon&Associates are looking for deals in WLA.

East of Sepulveda Blvd

West of Beverly Glen Blvd

North of Pico Blvd ...&

South of Santa Monica Blvd

For starters, Ugly!! lol

I know that doesn't answer how, except we are all excited to know you're a former homegrounder to the area! A million thoughts are running here and as easy as the questions may be.. "not!" Except it is fun! Everyone's having fun! Thanks for that!

I believe I share correctly typing in from my team's perspective:

I'm going to have to narrow down a lot of throw around conversation in attempting to get teams feedback to you in shorter, more to details of where and how we are looking for our deals in all of WLA. 

Yet bear in mind we want it out there we will buy UGLY HOUSES thru out California, however to narrow down the ugly houses to WLA: Here is what we figure to share: 

 Every thought it seems like most of us thinking are fine with a property hitting the 1% rule in California as long as all the numbers look good. OK ... Is this even sensible to start questioning for WLA?

Its the mentality we have: "to make money regardless to what property looks like.." 

And. In one (1) word that mean "ugly..." (SFR - Multi-Family, Mixed Use.) And the uglier the better. So you know off back it isn't luxury we are expected to receive with this the majority of the time.

Now of one (1) part in our Power Team we've buyers who for any product type we could spin deals to and thru will cover on average 4-8 pieces of property a month and always looks to the table to buy borderline deals; cash buyers. Simply put this type action usually take in field at tax lien and or trustee sales.  

Further ..when we get to addressing type of budget(s); type of neighborhoods to invest in and what neighborhoods to avoid. Our purchase price can accumulate up to 200k per transaction. Also we consider brokers pocket listings; welcome via broker agreement(s) and willingness to go to market.

Alright I think I cover what my team and I wanted,  did we answer the questions?

"we are looking to make money regardless to what the property looks like.." Plus it seems like most are fine with a property hitting the 1% rule in California as long as all the numbers look good. (post link to share neighborhood rate insight for viewers)

https://www.biggerpockets.com/forums/311/topics/79...

Willing to look at open inventory: SFR, duplexes, triplexes, 4-families, or larger properties...

The reality is the neighborhood(s) A, B, C,  preferably cash  ..open to finance  ..(D's if feeds to nearby school; cash purchase only)  open to owner occupied ok,    

Post: Newbie from Los Angeles, Ca

Walter MartinPosted
  • Virtual Assistant
  • Van Nuys, CA
  • Posts 6
  • Votes 2

Good morning everyone out there in the Real Estate Industry!

From the last to the first of the BP members who've currently welcomed me!  @Dmitriy Fomichenko @Jo-Ann Lapin @Tom Ott @Gregg Contreras@Joe Moore@Angeleno of www.Boundlessfinancial.com @Logan Allec Thank you each for replying to my intro and for all the useful feedback! Oh boy! Goodie!  To not waste anyone's time, may I share that none is ignored ..I am pleased in saying I will eventually go down the list of replies and share my own take from each your own helpful suggestion including any relevant questions asked to me I can answer sensibly. Way to go from all of you in a powerful way. Thank you! Thank you! 

Post: Newbie from Los Angeles, Ca

Walter MartinPosted
  • Virtual Assistant
  • Van Nuys, CA
  • Posts 6
  • Votes 2

Good morning everyone out there who is operating in the Real Estate Industry!

I’ve been browsing behind the scene of the Forums and the BP community. Already I love the new member process and could hardly wait to say what brought me here! My name is Walter (except most my closer friends have stuck to calling me “Brotha’ Walt”). Beside this fact I want to take the first moment and thank all the staff working with Nick Verticci’s companies: (http://nvrealestateacademy.com) for being so kind and helpful directing my team and I to this social network! And, so here is my introduction! My name is Walter Martin and I got into this whole side of real estate business via a long-time friend & business partner Joe Calcote (Our Company’s broker.) Our company Saxxon & Associates (comprised of 10-15 years successfully) landed here after a 3 day seminar/workshop of niche market house flipping, incorporating what is relevant in accessing hard money lenders. And real-time investor open to working with wholesalers thru out the U.S. and to us within California.

At first step as our company’s virtual assistant (researcher) all other steps seem saturated to purchase; to build up inventory rather than leverage knowledge via technological resource base. (“I find unlimited communication is alignment in any business where the reassuring comment(s) benefit knowing what I want and what others want for their business market(s).”) Thus, where focus flow energy goes. Meanwhile my background in real estate has been primarily that of consulting thru education; helping via research to bring back many of the facets that was disrupted by the 2008 financial crisis whose impact was felt hard in real estate. Since then, and simply put our company and mine experience will speed up the screening process with precision, instead of hunting down we educate our select buyers, sellers and investors. Step-by-step we cover paperwork procedures, saving new business closing problem(s). Our goal at Saxxon & Associates isn’t just the common profitability ratio or to certain investors on their return, but to deliver accurate and useful interest.

“But what does one do to get the most out of Bp to build effectively using Bp seeking to build buyers list?”

(“At the moment our industry is restructuring today’s real estate firm –so my message in introduction is to capture even the value conscious consumer ...to offer cross-purchasing benefits; what coupons, discounts, shopper clubs and point programs are you looking for?”) Our brokerage company is attempting to gain a market edge in house flipping thru-out California, namely West Los Angeles.

The convenience is we have our own investors here in West Los Angeles. The reality is to capture new sources of revenue, we must attract organizations and independents already exploring more effective and cost-efficient ways to do business,. Especially with technology playing key roles in today’s changing operations. This trend is likely to continue, I’m putting my thoughts out, however would love to hear feedback. I look forward to eventually collaborating with some of you; in any case thank all of you for your attention. (Plz allow me time in responding to your share as I will attempt feedback to all).