All Forum Posts by: David Ramirez

Not from Oklahoma but if you have any general wholesaling or flipping questions feel free to reach out! 

Gotcha! 

Feel free to reach out. Any good investment company should be able to help you with that. 

My partners and I run a bimonthly real estate event here in Tampa, you are more than welcome to attend. 


 

You should be able to but if you want to make sure call a title company in your area and ask

Hey @Mario Ballciti, 

When you say "They help you through the whole process", what exactly do you mean by that? 

Yes, they look about right. 

If you want an opinion on the deal you could send it over. 

Yeah, but they hold the contract and there is nothing you can do about it. If they are good wholesalers, they will get it sold no matter what, or they will close on it themselves.

If they can't perform on the contract then you will probably see it active again after a while and then you can act on it if you want. 

We don't do on-market wholesalers but I do know of people doing several deals a month here in Tampa. They do get the property under contract and sometimes you do see it for sale still because the agent has 72 hours to change the status of the listing. 

If the numbers work as a flip with the negotiated price the wholesaler got, why would you go behind and offer directly to the listing agent?  The property is usually sold within 2 days if it's a good on-market wholesaler. 

We have a VA calling buyers, and we are adding a minimum of 10 buyers per week. I would do something similar, but it might take longer to see results since you are in so many markets.

You might want to consider using Investorlyft to dispo those deals since you are working in several markets.

It depends on the condition, but if it passes a 4-point inspection, I would definitely go for a novation first because they need help with bills, so you could probably support them with that while getting a retail buyer. I would just make sure the $254k is conservative and below any other active property in the area.

Even if it doesn't pass a 4-point inspection, you could still make it work depending on what needs to be replaced.

This highly depends on your financial situation.

My opinion is that you should always have an active income to be able to invest passively. Now, an active income could be in the real estate space too, such as flipping properties, working as a real estate agent, appraising, lending, among other things.