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All Forum Posts by: Erick Pough

Erick Pough has started 9 posts and replied 12 times.

Post: Searching for Potential sellers.

Erick PoughPosted
  • Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 8

Today I typed up a "Interest In Property" Letter to to send out to "Potential Sellers". I also typed a Assignment Contract but before I use it, I want an extra eye to look over it. Meanwhile, I will just keep comparing it to others making sure I have a Solid Contract. I create a Questionnaire for the Potential sellers for collecting info about the property when contacted. I just want to be sure that all paper work is professional and organized before I start signing any contracts. I am looking for home in the Philadelphia area. How do I know if a Property is over priced. Any advise on how to determine or negotiate a base price for a property when the owner is asking for a higher price. I must admit, I'ma a bit nervous but I'm determined to my portfolio and  complete my first transaction. Any Beginners advise! 

Post: Where to Start??

Erick PoughPosted
  • Investor
  • Philadelphia, PA
  • Posts 16
  • Votes 8

I am a 22 year old Trying to start working on my first deal. The problem is i don't Know where to start. I have been studying and doing research and have learned many things thus far. I am very Interested in going  to the next step in starting my first deal. anyone out there who can walk me thru my first deal.