All Forum Posts by: Darius Garland

Tuan, 

Here's the link. 

http://greendotbuyer.oncarrot.com/property/hot-who...

Darius 

773-788-6577

Address: 2812 TARPON CT. HOMEWOOD, IL 60430

Rehabbers! Steal this deal in Homewood, IL . Only $134,000. After repair value $219,000. This property is in EXCELLENT condition and needs some updates. This is a 4 bedroom, 2.5 bathrooms, 2-car garage.

Estimated Rehab Cost: $22,000

For a Viewing, We Have to Schedule an Appointment.

Taxes: $5,371

Rehabbed Sold Comps in Homewood sold in last 6 months within 1 mile away.

Click on comparable for more details of each one.

Sold:

2352 Clyde Terrace Homewood, IL 60430 Sold July 26 2016 $235,000 4 Beds 2.5 Baths , 2,109 Sq. Ft

18760 May St. Homewood, IL 60430 Sold September 9, 2016 $231,000 4 Beds, 2.5 Baths 2,300 Sq. Ft.

Estimated After Repair value $219,000

Act Fast this WHOLESALE DEAL will be gone Fast. The first one with a signed contract and earnest money gets the deal.
We have equitable interest in the property and we are selling our contract.

Cash or private/ hard money only. We have lenders ready to lend contact us.

Buyer pays ALL closing costs which include Transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated to 100 percent and free and clear title

Please do all your inspections and due diligence up front before contracting.

Realtors add your commission to the price.

Proof of funds required for viewing.

Do you know someone that would buy this deal please forward this email we do compensate for referrals

To view all of our wholesale deals go here. www.greendotbuyer.com

*DISCLAIMER: This information is deemed reliable but is not guaranteed.

Andy, 

Glad to help. I was just in Culver City last week. My nephew just started at OTIS. I will be in touch when I return in October. 

Darius

Thanks Steve

@Steve Haight  @JaNarria Johnson 

 I use IVAS. the website is www.vaeasybutton.com. I purchased a package for 2K and pay close to $700 mo. ( 20 hours per week) that provides the following: 

Seller Lead System, Property Analysis, Agent Enrollment (building relationships with Realtors, Build Buyers List, Public Records Search - cash buyers in y county, Crarigslist automation, and several other services. The VA are trained to work with Real Estate Investors.

I failed to mention these expenses in my previous post. My initial investment to set up was $3500 with monthly overhead of $900. Like a said one deal covers a lot of overhead, makes my pocket bigger, and marketing spend. 

Best, 

Darius 

Hey JaNarria, 

Wow! Your experience sounds interesting. I listed to a lot of podcasts here at Bigger Pockets in addition to Flipping Junkie (Danny Johnson) and learned how to piece together an automated system to manage leads. I learned that this business takes work, diligence, and self accountability. If there was an entirely automated system to finds leads.. everyone would be doing it. I put together the following to find and manage leads. 

Investor Carrot - https://oncarrot.com - Lead capture / marketing websites for REI. Here is have a credibility site for my company www.greendothomes.com, a buyer site to attract and market to cash buyers www.greendotbuyer.com, and site for motivated sellers www.cashbuychicago.com. The costs me $99 per month and I purchased a package that cost $150 for custom design. The platform is similar to Word Press and easy to set up and customize if you don't want to spend the extra money. This platform supports, SEO, Google Ad Words, and URL back linking. 

Podio - www.podio.com. I am using Podio as a CRM system where all of  my contacts, leads, and marketing campaigns are managed. There are many CRM systems, however I a lot of investors use Podio. Very user friendly and easy to set up. I pay $48 per month for my Podio subscription. Here is a link to a video that I used to help set up my automation system. 

Virtual Assistant - www.vaeasybutton.com. I was introduced to this service by the Flipping Junkies podcast.

 http://flippingjunkie.com/2016/episode-30-team-bui...

I have a VA the works 20 hours per week. She answers inbound calls, runs comps, manages Craigslist adds, etc.

Direct Marketing - I use a service provided by Jerry Puckett ( search for him here in Bigger Pockets. I learned about the service listening to another Podcast on Flipping Junkie - Jerry is also an investor  / wholesaler. He provides a list (absentee owners) per zip code, writes the letter, and personally addressed envelope, and postage if you want. I purchased 500 letters along with the list for $1100. Stuffing the envelopes and postage cost me $300. This is a 4 month campaign the letters go out once per month. My first mailing was August 2nd and I have received 1 inbound call per week since. It usually takes 4 -5 mailings to get any response. The letters work and the early response has been outstanding. I have a house under contract which will net me 28K ( Wholsale deal) 

              https://www.biggerpockets.com/users/ejpuck

Nextiva - Voice over IP service. Provides inbound and outbounds calls, voice mail, fax, automated email and / or text for all incoming calls. $38 per month. www.nextiva.com

I hope that this helps. Getting out of the gate I have spent $1500 dollars with a monthly commitment of around $250 per month. 

I deal can easily cover these expenses for 1 year. My goals is to close 4 - 7 deals per month. 

I hope that this helps. 

Best wishes 

Darius 

I believe that is is possible too. This would be a triple closing. I can't speak to the laws in Missouri, but in Illinois the wholesalers buyer will fund the entire deal. Make the agent at the title company aware of all parties involved. Per the previous post make sure that the buyer submits earnest money and that the title companies agent agrees to oversee all closing with this you will avoid paying the title fee 3 times. It is also a best practice to run this scenario past your real estate attorney. Take a link at the link below, this is a bigger pockets blog post that I found. Best wishes on your deal! 

https://www.biggerpockets.com/renewsblog/2012/12/10/double-closing-part-1/

I'm a new investor and I came across a wholesale opportunity in Glenview and I would like to provide thorough numbers for prospective buyers. After researching I learned that the house would probably be torn down to build a much larger home. Keeping this in mind, what data should I provide to potential buyers?  Fix and Flip numbers, market analysis of new construction, etc. 

I am looking to buy a condo in Chicago's West Loop. I found a lot of pre-forclosures and I wanted to know if anyone has experience with contacting attorneys and / or distressed owners. I want to save time by going about my communications the right way. Any help will be appreciated. 

Thanks in advance.