All Forum Posts by: Gregg Alexander

HEY PRO MEMBERS!!! My name is Greg and i just upgraded to the pro so im extremely excited. For those who are interested me and my girlfriend are new investors and we are looking to do it all. My goal for this year are 3 things, Flip a property, buy a rental , and go to Africa. 

I would love to network with highly experienced REI that can be a mentor to me and my Lady, mediocre REI, and also amateurs. i would like to invite rookies like myself into my circle that would like to learn and grow together.

please feel free to message me anytime of the day and night so we can talk. LETS NETWORK   !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

HELLO REI'S,

I JUST GOT A CALL FROM A OWNER OF A VACANT LOT THAT IS LOOKING TO SELL HIS 40X100 LOT IN BROOKLYN. IT'S SURROUNDED BY RESIDENTIAL BUILDINGS SO IM SURE IT HAS ALL THE NECESSITIES FOR DEVELOPMENT. THIS WAS A RESULT OF MY YELLOW LETTER CAMPAIGN SO MY QUESTION IS WHAT SHOULD BE MY NEXT STEPS IN TRYING TO WHOLESALE THIS LOT?

SHOULD I ....?

CONTACT A REALTOR TO FIND OUT MORE ABOUT THE AREA AND WHAT MY OFFER PRICE SHOULD BE?

THEN, CONTACT AN ATTORNEY IN ORDER TO LOCK IN THE DEAL?

THEN, FIND ME A BUYER INTERESTED IN THIS KIND OF PROPERTY? 

Are there any cashflow 101 players from Brooklyn?

I was under that I can fix a property using hard money the pay back the loan by refinancing the property, and my the tenants pay off the mortgage. Does that make sense?

how would I go about fixing and holding using hard money. (Step by step)

great. So what is NOI and how to do calculate it.

Can anyone share the best way to evaluate a rental property.  Im from brooklyn looking to wholesale but I'm not sure how to negotiate on a rental.  What's the formula !?

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