All Forum Posts by: Jasmine Wilborne

@Account Closed You are right. I don't think I understand the problem. I don't know how to ask what the problem is. The gentleman is selling his mother's house and has to split with 4 siblings. He is a very calm guy. I'm not sure what do to in this situation. He wants $100,000 for a house that needs $60k in work and will retail for the low $130,000s if lucky. What would you do? 

Hi everyone, 

I've been terrified out of my boots to post ANYTHING about my slow-going-start into Wholesaling, but now since I've hired a cold-calling company to screen homeowners and send me warm leads, I am forced to SPEAK UP! 

Here's my problem. I'm great on the phone talking to a "warm" seller about their house and damages. I can get through the interview and know the condition of their house just fine. 

The problem is when I call back with my soft offer range: Once I get a "no" to that offer....I have no clue what to say or do next!  Typically I say," Ok, can I give you a call back in 30-days to see if anything is changed?" I know talk about a dog with her tail between her legs. 

Does anyone have a script or ideology when it comes to this? 

I know of Amanda Paris at Keller Williams. 

She works with many investors (particularly interested in multi-family). 

She attends many REI groups as well.

Inbox me for info. 

@Ned Carey THANK YOU SO MUCH. I appreciate this and have bookmarked the page for review. Thanks Ned! 

@James Herbold Welcome to BP! 

If you are asking what area I’m looking to invest in, my answer is Baltimore and the surrounding counties. 

If you are asking what TYPE of real estate investing I do, my answer is that I am house hacking my current home (I have two girls paying me rent, but it’s below market value so I may increase it once they terminate there leases). 

My true plan is to currently score my first wholesale deal, build a business doing that and then transition into flipping houses for retail and rentals. 

What about you? 

Hi @Asish Balu. 

Question: Do you plan on renovating it while you live there?

If yes, then in my humble opinion a trusted wholesaler can give you some leads  however, you may have to come to the table with cash, money partner or possibly a lender (I’m not sure how possible that is for a fast close though.)

Perhaps one of the more seasoned investors here (or agents) can give you more informed advice. 

Good luck! 

Thank you everyone for posting and updating this thread. 

I was looking for something just like this! 

@Vincent Givens Look at you finally taking the plunge to do some learning. Welcome to the BP community. I actively attend many different meetings in the Baltimore Area, though I am working to expand to the DC area. If you ever need a "less-new" newbie help, don't hesitate to reach out! 

Also, recently I went on Facebook and typed in Baltimore REI and TONS of different groups came up. Definitely check those out too. Obviously, yours would be Northern Virginia REI

@Angel Jordan Welcome to the community! I'm fairly new too. 

If you haven't already I would HIGHLY recommend you listen to the BP podcast and then read the recommended books from each host. I just started doing that and my MIND has been blown open by the wisdom of those books. 

Webinars are fantastic too. Learning doesn't have to be expensive and you don't have to take an expensive course (just yet, definitely opt to do one later once you get an idea of what is going on). 

Hope this helps. I live in the Baltimore Area and am always attending different events. Don't hesitate to reach out to me, we can do things together. 

I owner occupy and rent to ladies my age. I can only imagine having to qualify for all of the non-owner occupant laws that exist in the city. Definitely has me second-guessing renting my home out when I want to move. The 1031 exchange is looking very promising.