All Forum Posts by: Buddy LaRue

being in the West Palm Beach area, including Palm Beac Gardens, she's exaggerating. Nicely furnished (turnkey,,,including evertything...forks knives etc) bring in $6k month up to 6 month out of the year beachfront

I'm a firm believer in going the color route. You want your postcard to stand out to make sure they READ IT! Your postcard will do no good if they don't!

Tom,

The agent I will be referring you should be able to help you with these needs. Any agent/broker worth their salt will be able to get you the people you need for these types of repairs/work.

Tom,

The agent I will be referring to you lives in Clermont and sells horse properties. She and her broker will team up to get the property sold. Please PM me when you have the chance and I will get you her information.

Thanks!

Tom,

I will be sending you a referral who lives in Clermont. I just have to get a few things together first.

wholesaling is a legit business. It is a way of skirting real estate licensing laws because you're putting your name on the contract. Most agents don't like wholesalers because you're added competition (take it from me, I am a Realtor).

Just build your business ethically and honestly, you'll do fine.

David, wholesaling is a legitimate business, with a lot of swindlers in it. If you do it right, and build a good reputation among the buy/hold and flip investors you'll do fine. If you try to fudge your numbers, over estimating the after repair value and underestimating repairs, you'll build a bad reputation and won't last in the business.

Buy a property with enough cash flow to cover the car payments. Win-win situation!

To analyse the future of a real estate market...first check your crystal ball for any cracks or dings, then rub vigorously and concentrate. Stand on your head and look into the ball. This will tell you all you never need to know.

Back before the RE market tanked, the National Association of Realtors forecast a continued up market nationwide.

Your best bet is to keep an eye on current market conditions for the trends. I used to invest in Southern California (pre-2006). In June of 2006, for the first time in years I saw some foreclosures come on the market in the Palm Springs market area, and the days on market began to lengthen. I sold my properties (I am a licensed agent and was at the time) and warned my clients of what I was seeing in the market. I knew what types of loans people had been using to purchase properties and that many had refinanced over and over, using the house as a bank account. With this information I figured it was going to be a long hard fall.

Your best bet....know you've got a good deal when you purchase and keep your eyes on the market.