All Forum Posts by: Topher Sikorra
Topher Sikorra has started 2 posts and replied 8 times.
Let me add on to the questions on here. Why is it recommended that a wholesaler get a broker's license? Can I still be a wholesaler without one?
Post: Wholesaling in MD
- Frederick, MD
- Posts 8
- Votes 0
Thanks for the info!
Post: Wholesaling in MD
- Frederick, MD
- Posts 8
- Votes 0
Do I need to get a broker's license in order to own my own wholesaling business in MD? If so, what would be the best strategy for hitting the 3-years-experience requirement outlined here: http://mgaleg.maryland.gov/webmga/frmStatutesText.aspx?article=gbo§ion=17-305&ext=html&session=2015RS&tab=subject5
Post: There are two months left in 2015, what will you accomplish?
- Frederick, MD
- Posts 8
- Votes 0
My goal is to actively seek out and find 2-4 great deals/month in my area to wholesale. If I can do that, I will be quitting my job to wholesale full time in 2016!
Frederick, I'd highly recommend buying The Book on Investing in Real Estate with No (and low) Money Down. There are a lot of possibilities (including hard money) when it comes to financing a deal, and your choice GREATLY impacts whether the deal you make is profitable or not.
Post: Wholesaler from Maryland
- Frederick, MD
- Posts 8
- Votes 0
Originally posted by @Russell Brazil:
Welcome to BP @Yvette Waters. If you are actually in Frederick, I might actually think it prudent to focus on the Frederick market. There are a ton of wholesalers in Baltimore....but I cant actually think of a single one I know in Frederick. It is a smaller market, but there are a number of homes that re vacant, or in disrepair that seem like it might be primed for a wholesaler to target.
There will be very soon! I've been actively biking/running/driving through a lot of Frederick (and surrounding area) neighborhoods, consuming every bit of knowledge I can about wholesaling, and (as of this week) I'm going to be attending every REI meetup I can in the Frederick area. My goal is to make at least 4 offers/month in 2015, and to quit my job and do wholesaling full time in the first quarter of 2016. Looking forward to working with all of you Frederick (and surrounding area) flippers/buy-and-holders in the near future!
Post: Affordable Housing Land Trust
- Frederick, MD
- Posts 8
- Votes 0
Wowch, glad I asked!
Post: Affordable Housing Land Trust
- Frederick, MD
- Posts 8
- Votes 0
So, I've been researching properties in my area, and I found one that's amazingly cheap, but it's subject to an "Affordable Housing Land Trust" agreement. (http://www.zillow.com/homes/for_sale/60870115_zpid...)
What does it mean when buyer purchases the house only? Are these worthwhile investment vehicles?