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All Forum Posts by: Joanne Eriaku

Joanne Eriaku has started 7 posts and replied 164 times.

Post: New Wholesaler starting/creating a business

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Lacey Haessler totally up to connecting, we have a lot in common. PM me anytime

Post: Money when it comes to investing

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Brad Haughton, I'll PM you right now

Post: New Wholesaler starting/creating a business

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Lacey Haessler, wow, those guys marketing department is really good, they we're grooming you for the 'kill', fattening the cow basically, all those seminar days, they we're grooming you all. I completely understand the value of a VA but absolutely not at that cost. What I've done is breakdown all processes into steps, simple to understand repeatable steps, that made it easy for me to train my VA, aka sister who had extra time on her hands. Happy to share any process breakdowns if you go that route. Don't think twice about it, build your business systems and after you are confident in them, then train a VA if needed

Post: Analizeing a property

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Ebony Brown, its not advisable but in cases where you absolutely cannot get in to see the property, then assume the worst and price it as a gut job. Home depot has useful project calculators that may help provide some estimates and/or per sq ft estimates

Post: Money when it comes to investing

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Brad Haughton, I see you are in Mt Vernon, there is a Westchester REIA, led by Rachelle Rayner, you will definitely find the resources you seek, PM if you dont find it

Post: Good Wholesaling Contracts?

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Chase Guelette, download the Purchase and sell agreement from your state, should be easy to find.

Post: Whole Sale question (P&S)

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Jacob Page, the PS agreement should be having a clause indicating how long it is valid for; a closing date. No PS agreement lasts forever, please check that agreement then based upon whether the seller is backing out according to the terms of the agreement or breaching the terms of the PS agreement can you then be able to decide on the best way forward. 

Post: FINDING GOOD COMPS TO GET THE ARV OF A PROPERTY

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Edith Alvarado de Cortez, generally speaking yes, that does sound like a good comp, its generally ok to adjust upwards or downwards. Mason's advice about location is spot on, attimes 0.5 miles is in a different typa zoned area....know the area or at least try your best to get to know it before slapping on 0.5 miles.

Post: How to get my wife interested in RE?

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Dave E., count your blessings, at least she is supportive, this could be way worse and I have a feeling if you keep trying to change a grown person, it just may get to the worse side of the scale. Count your blessings!

Post: Need help possible funding scam!

Joanne EriakuPosted
  • Realtor
  • New York
  • Posts 167
  • Votes 169

@Chris Howell For the next time, make sure both you and lender have escrow /attorney involved. It's just good professionalism even if you're borrowing from Family.