All Forum Posts by: Melanie Hartmann

 Hi Dave! Thank you for reaching out! I actually decided against investing in Cumberland for the time-being so don't have any tips/advice regarding PMs and such out that way

So funny you should say that! We actually, if/when the time comes within the next 1-5 yrs, are seriously considering moving to TN. It's in our top 3 states. I plan to continue networking and building relationships around Baltimore and Maryland so that we can continue working the area virtually when we move. Then exploring the virtual real estate market further in other markets. May try to virtually do deals in TN before we move if/when the time comes. I'll definitely reach out! Thank you!!

And this business is not for the faint of heart, oh no! But It's so great to hear others doing the same and making it work! Keep the positive stories coming. Not everyone will succeed but it's not IMPOSSIBLE as so many people will try to tell you.

I wasn't planning to but, Jerryll, for a discount... here is why I do this: To create solutions for others and work towards building wealth for my family. My net profit, NOT including tax withholding, will be just over 36K or 41K, pending an outstanding water bill (darn you ransomware attack on Bmore City). I paid cash for the property and doubled my money in less than 2 months when I sold it to a local builder (9K was held back from this check for water escrow till we can get that bill sorted). Not bad, eh? This is technically my first actual "flip" but we didn't do much. Found the property while marketing for off-market deals - as most "wholesalers" do. Plan is to rinse and repeat: wholesale contracts that aren't a good fit for me and keep the ones that are. As Jerryll might encourage me to do, though I do try to keep it professional/cordial most of the time and even this isn't bad, but... BOOM GOES THE DYNAMITE! IN YO FACE NAYSAYERS! I'm sure there will be plenty of negativity no matter what is said or posted but who the hey cares! Ya'll naysayers are just bitter, haha! And for those considering it jumping in: just know it took me almost 1 year to get to this point. I hit the ground with no real plan aside from the drive to keep going and I would not recommend doing that for most. I did have solid back-up plan or two in case this didn't work out but I unlocked those "golden handcuffs" and now I'm free!

Jerryll! I can't wait! I'm sure the first part of our convo will be me just gushing all over the place. I may even cry happy tears, just fair warning. I feel so fortunate to be at the place to start REALLY re-investing back into this business and begin building my portfolio. I am PUMPED! Closing is at 1PM today and I'm having the hardest time focusing on "work" right now. Oh but wait, I COULD take the ENTIRE rest of the day off if I want to. Why? Because I'm da boss... that's why, haha!

Haha, Thank you Bryan! Yes, this thread had gotten "out of control" with all the posts - part of the reason I stopped writing on it for a while. Was too much to respond to everything. Though, I figured I'd pop back on to give an update. It's about to be "next level" around here baby! I'm so excited! 

Purely wholesale transactions that have closed and I've been a part of or solely responsible for? There have been 3. (let the negative comments commence!!)

In addition, I bought a property in June that I'm selling today and have a few more little wholesale deals closing this month. 

For numerous reasons, it's taken a while to get the train going but it's going now and it's not stopping anytime soon nor do I have any interest in going back to a W-2 job. Sometimes the jump and risk is worth it, sometimes it's not. Regardless of the outcome I knew for me, I had a "safety net" to fall to if I absolutely needed it, but I had to give myself an honest shot and I'm so very glad I did.

Thank you Chris! I'm actually selling my first wholetail deal today. I bought the property, had the front door boarded, the grass mowed 2x, spent 15 minutes cleaning glass up from the storm door that fell down, and am flipping it to an investor who's going to tear it down and rebuild. Not including taxes, I'm netting more on this deal than I cleared my entire last year of working my W-2 job. Real estate investing truly is a life and game-changer and I can only imagine what the builder is going to profit on this deal! 

Thank you Michael! It was rather funny to me how folks reacted over my decision. If we all listened to "the pack" and took the "smart" and "safe" option great things would rarely be achieved. It's was a rough year but I'm thankful for having the opportunity to take it and it's worked out in my favor. The foundation has been laid and set, now it's time to start building up!!

Thank you for taking the time out of your day to share your thoughts on the matter. The path I chose wasn't the "smart" or "safe" option and I wouldn't recommend it for most people but it has been right for me. To answer your question, Google and YouTube will be your best friends in helping you understand the basic difference between a wholesaler and a realtor.

@Jerryll Noorden - Thank you again for your encouragement and support in the beginning and throughout my real estate journey. It meant and still means so much that you cared enough to do so. 

 Thank you Heather! Exactly! Taking the path I took is NOT for everyone, nor would I recommend it. However, it was right for ME and my situation. It was a risk, a calculated one, but still a HUGE risk. Through a lot of determination, I've made it work and I'm NEVER looking back!