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All Forum Posts by: Cesar Rebolledo

Cesar Rebolledo has started 7 posts and replied 81 times.

Post: Investor in VA, DC and MD, looking for 3-4 flips to purchase

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52

@Tim Kane, hey Tim!  Just called and left you a VM.

Post: Introduction from: Northern Virginia(Fairfax)

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52

@Jeremy Knox, When it comes to the list you're looking for you need to be resourceful. One tip that helped me out was from I believe Tom Krol's podcast on BP were he states the "Rule of 5". Sometimes you need to hear 'no' 5 different times when you're looking for these list from the county or court. It took me explaining 3 or 4 times to 3 or 4 people that the list is available and they have it! I promise you, from someones who has been there with the courts and county that those list exist, they have it, you just need to persist in getting it. Throw in the Freedom of Information Act in there. Do what you can! You got this buddy. Please, feel free to reach out. I'm in VA myself. I'll help anyway I can.

Post: Where do the military members live at in Virginia?

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52

David, my last duty station in the Navy was at Walter Reed in Bethesda, MD. I lived in Ashburn, VA. It took me a solid 1 hour (maybe a little more or less depending on the time of day). I had a DoD friend of mine work at Ft. Belvoir and he lived in Ashburn as well. Just some food for thought that you can live out a little more west. (Sterling, Reston, Herndon).

Post: Learning as much as possible about Wholesaling.

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52

@Justin Dossey.  I've found that expired listings (at least in my area) if they don't need much work and are basically market ready will re-list with either the same realtor or a different one.  If it's a property that needs work... it's usually a foreclosed property owned by the bank or part of some acquisitions teams.  But again, that just my area.  

One thing I'm considering doing is pulling up expired listing from 3+ years ago that are a certain 'distressed' type and uploading them to RedX.  RedX can usually gather some sort of phone numbers and it synchs with my Mojo dialer.

Post: So I found a potential RE Agent. What now...

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52

@Charlie MacPherson At no point did I say it was about the fast buck.  I realize it's not about the fast buck... with that being said no two bucks are created equal.  

I get that, and believe me I've done more of that than I care to admit.  My issue is with the way people on BP say 'inventor friendly' agent and expect said agent to behave.  Agents have gotten a terrible reputation as order takers on both the investor and tradition side of RE transactions.  And I get the whole show them a property and build rapport I truly do and I do it all the time, and if they end up going with someone else... well that's on me for not following up. 

I think a better approach would be (as a newbie RE investor) is 'hey, I see you work with investors... I'm new and I'd like to maybe shadow you while you look at investment properties.'  9 times our of 10 when I mention to one of my investors that a newbie wants to tag along and see properties they'd be happy to let them come.  I'm just saying if you're doing a lot of business you don't have time to go to coffee meetings with people who have the same questions.  I would much rather have you tag along while I still do my day to day operations.  WHICH by the way I feel is more of a learning experience than coffee meetings.  

That's just my .02 cents for whatever its worth.

Post: 10 unit seller, call or mail?

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52
You’re going to mail with the intention of setting up a phone conversation. Why not simply skip the mail and go right to the phone conversation!

Post: So I found a potential RE Agent. What now...

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52
Dustin could you elaborate why any agent would want to jump on a deal like that? Please don’t feed bad information to this gentleman. No agent is going to jump for joy in trying to put discounted property under contract.

Post: So I found a potential RE Agent. What now...

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52
Look if I’m being honest 99% if realtor are terrible for investors. I’m an agent and I’m considering letting my license go. If being a realtor is your full time job why on earth would you want to prospect for discounted properties? I’ll go ahead and put the same amount of work for a 250k + expired listing. You don’t want an agent man, you want a reputable wholesaler. I’m telling you as an agent. You’re going to get a lot of bad information from people who say a realtor is going to want to work with you. Again, why would I take a 2.5-3% commission on a 100k property when I will do the same work for a 300k property? Most agents don’t know about wholesaling or investment properties anyway. What I’m trying to stress is.. you want a wholesaler, not an agent.

Post: So I found a potential RE Agent. What now...

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52
What are your goals with RE?

Post: So I found a potential RE Agent. What now...

Cesar RebolledoPosted
  • Flipper/Rehabber
  • Largo, FL
  • Posts 92
  • Votes 52
I mean what are you trying to accomplish?