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All Forum Posts by: Elehue Pierce

Elehue Pierce has started 5 posts and replied 11 times.

Post: Beware of Investing with Moe Mathews

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

Hello I didn't really understand the experience you had based on 10 investors with 20,000 each, but in any case I stayed away from Moe because his deals never had enough meat on the bone for me to make money if I bought a house to flip

Post: cerfified listing agent cours

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

I want to increase my real estate listings, can anyone recommend a course that is good and will help me? 

Post: multi family % of closing cost as a rule of thumb

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

I want to thank everyone for answering my question. The answers are really eye opening and it's quite a bit to absorb. As a newer investor it's crucial to have a mentor/coach that you can lean on, and help you navigate thru this business. I have realized that that's the only way to go. In addition, when I first got into the business I thought I was going to acquire properties with ease and have a ton of cash flow per month....Well it doesn't quite work like that, if it were that easy everyone would do it.

Thanks guys

Post: multi family % of closing cost as a rule of thumb

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

when buying a multi family property whether a 25 unit or a 60 unit. what percentage of the purchase price is typical to  pay in closing cost?

what are typical closing cost other than what I listed below?

Title, inspection, appraisal, prorated taxes, prorated insurance, what else?

Post: marketing to owners of properties that are not listed for sale

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

thanks

Post: marketing to owners of properties that are not listed for sale

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

how do you market to owners of multi family properties to see if there interested in selling? how do you reach them, Are there lists you can buy?

Post: Non Performing notes

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

thanks doug I appreciate the info.

Post: Non Performing notes

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

How do you get Financing to buy non performing notes?

Post: Fannie Mae Homepath Bulk Pool Sale Information

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

hello Robert, you can go to their website click on homeowners & communities tab. That will take you to the homepath page and then click the investor tab, that will allow you to contact them and discuss your interest.

Post: New member

Elehue PiercePosted
  • Real Estate Lender
  • Midlothian, VA
  • Posts 13
  • Votes 4

thank you for your the tips Jerry, I will review that area. And Shera I look forward to seeing you at the meetups and ring. Think you for the welcome.