All Forum Posts by: Henry Washington

@Tiara Mays no that is not who I am currently mailing to.  I would advise you to do a lot of research about what demographics people in your area are mailing to... then DONT mail to those people.  You dont want to be the 4th or 5th letter a seller receives about selling their house.  You want to be the first.  It took me a lot of research to decide who I was going to mail to.  

@Tiara Mays Its a service Experion offers under their business services section.  You can pull mailing lists.

Thank you @Mitch Messer & @Jeff Hornberger for the tips.  It’s much appreciated!

I am trying to double close on a property I have under contract.  What contract do I use for my potential buyer?  Do I use a normal purchase and sale agreement even though I haven’t closed on the property yet? Or is there an assignment contract made for double close situations I can use?

Welcome @Nathan Olds I invest in Northwest Arkansas and work for Walmart as well!  Congrats on your success thus far and wish you the best as you continue to grow.

@Jonathan Boyd Have you just tried talking to the guy first?  He knows he is on a month to month lease. If you treat people kindly they "usually" respond well.  If it were me.  I would just meet with him and be up front, and tell him that you bough this condo as an investment and you need to live in the side that needs the most work in order to make improvements to your investment.  And you are required to live in one side based on the financing you have. This way he can see that you aren't putting him out because he is a bad tenant or because you don't like him.  Its just business. 

Then if that approach didn't work, or I got the feeling he wouldn't go easily, THEN i would offer cash for keys.  But you may be able to save yourself some money, by just having a genuine polite conversation. 

Just a thought.  

@Kayla Huiras Thank you very much! Id be interested to hear about your investing in Little Rock.  i have family there, and visit frequently and am always eyeballing houses there. 

@Dustin Davis Thanks bud.  We couldnt have done this without you, thanks for all your support, and advice

@Matthew Teifke Thank you sir.  I purchased a list through the credit experian.  the criteria that works will vary from market to market.  I just make sure that I mail to people with equity and motivation.  Without those things, you don't really have a deal.  

 Thank you for the response.  Can you give me a little more detail on potentially how I can invest with my mother without violating the prohibited transaction rules?

Thank you!

Thanks so much guys! I appreciate it!

@Brian Schmelzlen @Bill F. Thank you for the input. Ill see if there any SDIRA experts in Northwest Arkansas who i can speak with. And yes she already has the account, and has had it for years. She sees the possibilities with RE and wants to move some money out of this particular IRA to invest with me.