All Forum Posts by: Jordan James

I actually found the answer in another posting here, which is another reason I really enjoy the BP website. Here is the link to the answer for the assessment, and indirectly negotiating pointers for anyone else interested in the answer.

http://www.biggerpockets.com/forums/93/topics/59104-rehab-estimating-as-a-new-wholesaler

I'm still looking for a good source for the hard copies of contracts. Would those come from an attorney or title company on my team, or are there additional options?

The ball is almost rolling here, and I'm really excited. Thank you all so much for the advice that's been given. It's been really helpful in getting up and running. My last questions (until I have other questions) is how do I determine what the cost of repairs would be, without taking too much time? My understanding is that wholesale deals should be really quick.

Also, what are the best pointers you can give for negotiating?

Finally, what is the best source for generating the buying and selling contracts?

Again, thank you!

So I'm putting together a plan. I have a solid name picked out for an LLC, I'm getting a new cell phone specifically for business calls, and I'll put that on my soon-to-come business cards. I have a big plan to pick up buyers, and a bigger plan to find sellers. And then I see this in the news...

http://www.dispatch.com/content/stories/home_and_garden/2012/07/29/1-dearth-of-listings-boosting-sellers.html

My question is how much should a newbie pay attention to this kind of news? Should we read it, or give it the athlete treatment and stop reading the newspapers?

Thanks for the responses. For the time being, I'm looking at wholesaling for the first year or two to get my feet wet, and then moving into rentals and/or buying and holding. Business cards are the least expensive and most important items to get, pretty much for any business venture. A devoted number is right up there. I just don't want to appear unprofessional or not have "enough" to be successful at the beginning...

Hey everyone. I'm a brand spanking new investor, but I have no idea of where to start. Like many people, I have little (read - almost no) funds, so I have to figure out where to spend money at the beginning. I've read in quite a few places that it's important to have things like an LLC, website, a phone number devoted to your real estate ventures, and business cards to bridge the credibility gap. However, I'm wondering - what are the absolute most important items you have to have to start your business?