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All Forum Posts by: Gary Mendrin

Gary Mendrin has started 4 posts and replied 18 times.

Post: Ready to make some deals in Fresno, CA

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

@Dmitriy Fomichenko Thank you Dmitriy! I need to check out that link on connecting with other BP members in my area.

@George Blower Thanks George!

Post: Ready to make some deals in Fresno, CA

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

@Jeff Zimmerman That's great advice Jeff. Thank you for the encouragement. What might be the best way a new investor like myself should start networking with realtors?

Post: Ready to make some deals in Fresno, CA

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

@Jeff Zimmerman That's great advice!

Post: Direct mail and advertising that you can pay CASH

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

Great information. It seems like there is more than one school of thought about this subject.

@David Wright thanks for the wise advice on how to properly represent yourself as a wholesaler. Wholesaling is one of the strategies I'm interested in, as of now I'm just starting out. I would send out letters for fix and flipping and buy and hold, too. As for advertising, I also believe it's very important to be honest and forthright about everything in business. If I understand you correctly, you understand CASH to mean CASH that is currently in my bank account.

@Michael Quarles I enjoy your podcast, and I hear you often making honesty and transparency the priority in business. I appreciate that so much. So with using CASH in advertising, I understand you to mean that CASH includes CASH in my bank account, CASH that I have access to through loans, and CASH paid to the seller with purchase terms. I assume you meant terms such as seller financing, but please correct me if I'm wrong.

Post: Direct mail and advertising that you can pay CASH

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

Hi BP,

Total newbie question here. When sending direct mail to potential sellers, some of the examples I've seen say something like this: "we pay CASH for your house".

When sending a letter like that, do you need to actually have cash at the ready? Or does that mean that you have access to cash with private lenders? Some letters don't even mention cash. They just tell the seller they're interested in buying.

What are the rules for this?

Post: Ready to make some deals in Fresno, CA

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

@Jo-Ann Lapinthank you, that’s very encouraging.

Post: Ready to make some deals in Fresno, CA

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

@Johnson Michael thanks! Are you thinking about investing in the Fresno market?

Post: Ready to make some deals in Fresno, CA

Gary MendrinPosted
  • Fresno, CA
  • Posts 18
  • Votes 6

Hi BP! I'm an aspiring real estate investor in Fresno, CA. I've been learning everything I can on BP, podcasts, and books about real estate investing and I'm ready to make some deals. My background is in the banking industry, now at a credit union. My wife is a highly skilled interior designer. With her background in design and managing contractors, we make a great team for fix and flips and fix and hold investments.

Our long-term investment goals are buy and hold rentals, and I'm interested in learning more about fix and flip, wholetailing, and wholesaling to build capital for future investments. I'd like to start investing here in Fresno or the surrounding towns.

I look forward to contributing to the BP community and making connections!