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All Forum Posts by: Jared Sorrentino

Jared Sorrentino has started 2 posts and replied 3 times.

Hello everyone,

I am new to the real estate world and have found a way to get started in real estate. Right now I have a couple of trustworthy partners and together we are going to invest in a multifamily property. I understand that im looking for passive income and long term wealth and believe this is the perfect way to achieve that. I was looking for some help and advice in how to analyzing deals off of MLS sites and other sites as well. What are some key points that i need to be looking out for? One of my partners in this deal is very good and analyzing deals and i am learning everyday. I just wanted to reach out to you all to see if there are any tips or tricks in how to get more efficient at looking for deals.

Thank you all!

Jared 

Post: Wholesale a burned property

Jared SorrentinoPosted
  • Orangevale, CA
  • Posts 3
  • Votes 0

awesome! thank you so much for your help!

Post: Wholesale a burned property

Jared SorrentinoPosted
  • Orangevale, CA
  • Posts 3
  • Votes 0

Hello all I am a new wholesaler working on a deal right now and i was hoping to get some advice on the risks involved in this deal. The seller is asking for 60k for the house as-is but it has come to my knowledge that the people that she was renting the property out to burned the place because they were evicted. According to the seller the property needs to be "demolished". Is there any money to be made here on this deal or should my partner and I move on? Do you think a cash buyer would be interested in a job that is more than just rehabbing? I know that the seller wont get the price she is asking for and my partner is heading  out to the property tomorrow. Any info or advice would be amazing! Thanks guys!

Jared