All Forum Posts by: Paul Timmins

Geronimo

Respect your service.

Connect with 3 different REIA clubs in the area. Go to the meetings and build your contact list.

Paul

Brandon

The guy who buys from you wants a clean title to the property.

You can double close the same day using transactional funding, close in the morning with the property owner n the afternoon with the guy doing the flip,your wholesale fee is included.

Paul

Paul

I would target all homes. A smokin deal is still a smokin deal.

Check with the wholesalers from 3 different REIA clubs see what they are getting.

Paul

Tam,

You are never the owner only the manager.

Best to live somewhere else keep income coming.

Work on your branding to keep tenants

Paul

James

Welcome and good luck

Look for DCR-1.6+, CAP-8%+, C/C-12%+

Paul

Avery

Your local REIA clubs will have people who do these type deals.

Connect and link up with some, work together and share the profit while getting experience

Paul

John

Outside of MLS what are you doing to find them?

See below

Paul

1. www.craigslist.com
2. Attorneys or Closing Agents
3. REIA – Your local real estate investment association (REIA) is an excellent place to grow your real estate investing business.
4. Local Rehab Projects – Check in they might have others or need to sell their current deal.
5. www.rehablist.com
6. Classified Ads such as craigslist.com, kijiji.com, and backpage.com.
7. For Rent Signs
8. Wholesalers

Anthony

Consider checking on HUD homes. Owner occupied get first crack before investors. Look at their multi-family offerings. My son got a HUD 3 family had HUD de-lead each unit for free. Lived for free with the other 2 units rented.
Had house 3+ years just bought SFR rents out the 3rd unit for cashflow.

Paul

Louise

I may be naturally suspicious but... Do you know this person? Does he control it? Was it listed for sale before if so why didn't it sell?

Paul

Greg

If he is an employee of yours Workers comp is great protection for him AND you.

His regular medical coverage will not pay for injury expenses. By having WC he is covered and you cannot be sued for an injury unless gross negligence is present.

Paul