All Forum Posts by: Juan Cristales

MOTIVATED SELLER Cash Only!!!

ARV: 156,000 Asking: $84,770

.54 Cents on the dollar!
Must be able to close quickly. Property is Free and Clear, Sold As Is/Where Is

Recent appraisal available once property is under contract. 

$1500.00 Earnest Money

This is a wholesale deal located in the heart of Cleveland. It is currently being used as an assisted living facility but the place needs updating. As such, the 8 current tenants of this 4 to 5 bedroom property will be moved to a different location. The property does need repairs. If you have your own crews, it can be easily done for about $40K. I have this property under contract and am looking for a cash buyer or someone to buy it using hard money. I'm confident this property will ARV appraise for $250K or more. I am asking $179K. Send me an e-mail [email protected] for more pictures or you can always text me at 760,573.4673.

Thanks @Paul Rodriguez!

I appreciate it!

Juan-

I like it.

What's the cost after 30-day free trial?

Thanks!

Juan-

Thanks for your extensive research into that John. It really is very impressive and sad to hear of it.

However, I would be remiss if I didn't ask if you have deeply discounted deals I can buy through you... Before they hit the market... errrr wait... would you consider that to be unethical or somehow illegal or immoral? Please, really... No need to answer.

I should get back to finding them myself.

PS. I didn't click the link as I fear getting scammed. I'm kicking myself in the rear right now for wasting my time with this but either way... Good luck to you guys and see you at the closing table!

Easy @John Thedford... LOL! 

A little over-generalization on the entering with "no ethics" and "BS" clauses but hey, you are entitled to your own opinion.  Therefore, I will not defend it.

Passive income is fantastic and there are also many methods to that.  BP'ers love rentals and I can respect that.  When the market tanks again, I'll very likely jump right back into the rental game.

Dustin, there is a legal way to do this business so consult with your attorney. 

Hey Dustin!

BP is an awesome place to bounce ideas off other investors.

Regardless of the strategy you decide to take action on, taking action will be the key component.  Since you are posting, I congratulate you on taking action.  Aside from what the market is doing (which is a very important piece), I believe that simply understanding the mechanics of your goals will yield you better results.  Here is why I say that: I'm wholesaling and decided a while back to change my strategy and am still doing deals because I'm focusing on relationships.  Wholesaling can be cost-prohibitive and can feel like you are spinning your wheels when you are doing direct-mail marketing and getting lots of calls from people looking for retail. How do I know?  I scaled from 1K pieces to just over 11K pieces of mail monthly in the Harris and Montgomery counties. In order to get to that, you need systems in place.  Give me a call sometime if you wanna chat.  

@Tim Shin, buy a house from me bro!  Donny Gothard is the man and he has earned every bit of that great reputation.  He will not lead you astray my friend.

BOOST it on FB! I have no "buyers list" and can sell off my houses in about 7 days (under-contract, not a close). No joke. Let me know if you need help setting that up. It costs a few bucks but definitely worth it. 

John, send me your contact info. I just finished a rehab. Did a light pre-hab on another and about to begin a major one.  Just put a property under contract (77389, awesome zip code) and want to wholesale it off. I don't "own" my own construction crew so I have to be careful about the projects I dump money into in order to get a return. Either way, let me know what you want to do. Investors ALWAYS find creative ways to save on costs... just like me! Talk to you soon.

jcc-

Hi Erin and welcome!

You can post or message me an idea of what you are looking for.

I have a few properties that you can take a look at right now. 

As far as finding deals, you have to go to the source, the seller. If that is not something you have time for then unfortunately you will have to pay a bit of a premium. That's a pretty general statement though in life as a whole. If I clean out my fridge, it's gonna look awesome. If I have to pay someone for it and make it look awesome, I'm gonna pay for it. There is a line where it becomes unreasonable though and I think most investors understand that. Let me know.