All Forum Posts by: Jill Addison

@Kimberly Lima I've been buying properties for several months now, and I've noticed that a lot of sellers will do an off market deal or sell to a wholesaler simply because they just don't want to deal with listing it on the MLS. I asked a property management company "why would they take so much less for their property when they could just list it on MLS and get more and get multiple bids?" He said a lot of people just want it to be easy and quick and they will take less money for that to happen. Another motivation to sell the property this way is that they don't want their neighbors coming into their house when it's publicly listed on the MLS. I think it's hilarious that this is such a big motivation, but people literally just don't want their neighbors to see the inside of their house for privacy reasons, so they will sell it for less off market to maintain their privacy. I think a big market for wholesalers is people who have inherited a property from a parent who has passed away. They don't really care about getting the highest amount of money, they just want it off their hands the quickest and most surefire way possible. So if you can make it easy, they will be happy with taking less and everybody wins.

Thanks, @Guifre Mora. For now, I've connected with someone in San Diego who I may be able to work with as a mentor, and also reading the book from James Orr mentioned above. So I'll  hold off on your financial advisor for now. But thank you!

Excellent, @James Orr. Thanks so much! Your website looks amazing and ideal for what I'm trying to accomplish. Thanks for the private message, look forward to speaking with you. Bigger Pockets, this online platform is an amazing resource, thank you!!

I'm interested in pursuing real estate investing as a path to financial freedom, but my husband doesn't know much about it and he thinks it sounds too risky. I'd like to find a professional financial advisor who is also a real estate investor themselves who can advise us about the pros and cons of real estate investing, how the returns compare to stock market, what the risks are, etc. If you know someone who can offer this type of consulting (or you can), please reach out to me. I'd like to find someone local to us in San Diego, but would be open to working with an advisor anywhere else in the US as well. Thanks if you can help us make this connection!