All Forum Posts by: Ruan De Nysschen

@Joe Garbarczyk I'm using direct mail, bandit signs, and driving around looking for distressed properties. 

@Brent Coombs I'm mostly looking at assigning the contract to one of my cash buyers, so I'm not looking to advertise any property publicly. Thanks for the tip!

@Art G. Thanks so much for all the information and tips, it helps a lot! One more question, so what types of marketing are you finding are working well in today's market? I'm finding a lot of marketing strategies that just seems to not work as well as they did a couple of years ago

Hey Guys

So I've Got A question. What counties in California are good for wholesaling in 2016? I've been doing a lot of marketing in the san luis Obispo and santa Barbara county, but no one is motivated.  Most just call out of curiosity or wondering what I would offer. Any help would be greatly appreciated. 

P.S. I'v been targeting absentee owners, probate, and pre-foreclosure

Thanks!

Hey

Is anyone actively wholesaling on the central coast? Also, I've been doing some research and just wanted to see what some of you guys think are good marketing tactics that is working here in california, especially nowadays?

any input or advice will be appreciated

Cornelis

Ya, I've been doing a lot of research and ended up with a california LLC. The reason for it is that even if you open the LLC in another state, you'll still need to pay the tax if you do any business in California. So unless you are strictly doing business in the state you are opening your LLC in, it wouldn't matter as you'll still have to pay the $800 yearly tax. If you do figure out a way around it, please don't hesitate on letting me know.

hey, I'm in the exact same shoes you are in! I'm a junior this up coming year in college and working on wholesaling and fix and flip. One thing I will tell you and that @Richard Bradshaw mentioned, save all the money and get debt free. Use the savings then to get yourself ahead in life. Remember, sacrifice now so that you can live the life you dream of later. That's what I keep telling myself and it's slowly working for me. Again, good luck and happy investing!

@Thomas Kulinski Yeah, so I used Zillow to look up pre-foreclosures in my area. I then drove around and went to each property to get a feel for the neighborhood. Once I found the property, which is in a good, secluded neighborhood but yet very close to a main road and a school, I looked up all the tax records. You can do this by going to your local county records office website, but I am lucky enough to have access to a program through my title company that allows me to access this information faster as the county records website can get a little frustrating and tedious. Hope this helps!

Thank you so much. I'll try that and keep you up to date. 

Update!

I found out that the house was in default since January.

Hey Everyone

So I have a potential deal that I think would be a good wholesaling property, but it's in pre-foreclosure. What I know about the property is that it is vacant and that the tax records claim the bank owns it, which makes it seem like a foreclosure, but it's listed on zillow as pre-foreclosure, so i'm not entirely sure.

If anyone could help me as to how I would be able to get this deal, it will be much appreciated and a great learning experience

Thanks beforehand for anyone who comments

Hey

I'm still very new to Hard money lending and I was wondering if anyone can explain to me exactly all the details of hard money lending, when and how to use it, and what is essential for me to know when using it.

Any help will be appreciated

Cornelis