All Forum Posts by: Jacob Kline

@Michael J Scanlon there you go. Seems like a no brainer. Either buy it and pay closing costs (should be less than 1k), then resell or rent it for the flow.

If they want it gone quick and not to deal with it, give them what they want yourself. If you feel a moral obligation to them, just cut them a check as a “thank you” after you’re cashed out, I do this sometimes.

The other option is list it if you know that it will close quick with another cash buyer from MLS (and let someone else make the $?). In the eyes of the seller (wanting their cash quick), they may not even want to do this if they know there's an option to cash out now.

People on BP lately have been shaming for buying property under market value, which makes no sense to me. The seller is the only person who knows what they want.

@Michael J Scanlon I believe the real question is: which is more important to the seller?

Would they rather the guarenteed quick cash (purchase yourself) or longer sale to net more $?

I come across sellers frequently who would rather the quick cash for whatever reason, which is sometimes hard to believe but “give the people what they want”.

@John Thedford get a life man.

I’m sure it’s pretty boring to loan your hard money out at 20% and just collect checks, but don’t just sit there and bash people who are grinding. You assume every person who assigns a contract is screwing people, ridiculous.

@Oren Markowitz don’t let this Thedford guy get you down.

Looks like you’ve got a good spread on the deal and should close. The buyer willingly signed your contract and likely will be happy to get rid of their problem. Good for you!

@Larry Higgins Launch Control looks interesting and definitely much cheaper than Sherpa. Probably going to give it a try once I close this deal I'm working on now. Is it relatively new? I don't see many reviews online at all.

I'm using Genie now and love it, switched from WhitePages and the data is 100x better and more thorough. Thank you!

@Jacob Kline not sure how that was posted on this thread. Thought it was on another.

My bad! @Isamel Jean

@Chris N. Interested to hear how you’re creating these data sets yourself?

I’ve heard good things about investor carrot for SEO and call porter for call answering. I plan on starting both of these next month

@Chris N. Interested to hear how you’re creating these data sets?

I dont personally have experience with it but I know that some of the big wholesalers in FL are using investor carrot for SEO and call porter to answer calls, would both be something to look into as I’m doing the same and plan to start those next month.

@Isamel Jean I look at the county appraiser’s site, which will give you the owner’s name and mailing address then use skipgenie to skip trace for phone #s.

@Jacob Kline and what I mean by “calculating #s off of the payoff from contract price” is that I’ve got a purchase price written in the contract as:

“Buyer and seller mutually agree that the purchase price will be the combined of payoff plus $amount net to the seller”