All Forum Posts by: John A thomas

@Victor S. Thanks for your help.  And I also appreciate your choice in movies. 

@John Thedford,   Thanks once again for your seemingly hostile input to my question.  Information is good information despite how you choose to deliver it.  Have a great day.

@lydia T. Thanks for the response and input.  By no means do I want to get ahead of myself or worse, put the buying in a bad position.  During my discussions with him he is without a doubt knowledgeable and fully understood my intent; however, your input is valid.  Thanks again for your input

Berry, Thanks for the value added information and response. I do not want to waste the seller's time nor do I want to be in a position that I cant help him out. I am of the mind that this is a people over profits business. I will continue to reach out to the local REI community as you mention before I move forward and If nothing can be done I will contact the seller and inform him that I am unable to assist. Thanks again for your help and the information. Take care

@John Thedford,  Thanks for your response and insight.  It's a good thing that neither of the things you mention I have done.  Not under contract nor currently marketing.   Thanks though. 

Good evening all,

I have a potential good problem to have and need advice. In summary I am a brand new wholesaler and started calling a tax delinquent list. Well, my 10th call was answered and the seller was motivated to sell the 3.6 million dollar home 😳. Comp sells are well below asking and considering back taxes paid and reno cost taken from the 70% ARV value there is still a large margin for profit. My problem is since I am new to this business I want to be sure of my next step, either to capitalize on the deal or stop and not waste the seller's time. I would appreciate any advice. Thanks!

@Elenis Camargo,

That was a great read, especially for a new investor or someone like myself who is still looking for that first property. It is success stories like this that help paint the possibilities with real estate while also including aspects of the hard work that it requires to achieve success. Thanks for sharing with the BP community.

Ayden

Russell, Thanks for the quick response and willingness to discuss this market. Evenings and weekends are best for me. I am still working on understanding how to navigate this site but if you prefer you can direct message me and we can exchange contact information.

Hello all,

I'm new to the BiggerPockets website but visit the website and listen to the POD cast everyday.  I am a Active Duty Military Officer and have been interested in real estate investing for about 5 years. I love the idea of financial freedom and knowing that, through real estate, I can help establish financial freedom for family for years to come. I am a active listener to the PODcast and am finally in a position to start investing. I welcome any discussion or opportunities to grab coffee with anyone to begin my real estate investing career.