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All Forum Posts by: John O'Leary

John O'Leary has started 27 posts and replied 648 times.

Post: Hello from a new member of BP

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

 For growing 1031 Prime, in addition to BP I’d suggest targeting masterminds, REIAs, and local real estate meetups. Speaking engagements at these events can give you a great platform to showcase your tech and its advantages. Connecting directly with investors can help you build awareness and demonstrate how your service helps with tax deferral.

Post: Looking for Wholesale Friendly Buyers in Austin, TX

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Have you tried pulling cash transactions and skip tracing the buyers or LLC? You can also find a local LO in the Hard Money space that can pair deals with their financing. Good Luck!

Post: is Erik cline's whole sale course worth it?

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Do research on these people selling courses. Eric Cline had to give 40% of his profits to another wholesaler who did all his dispo to start. The script he uses is from that same wholesaler. He was able to sell his wholesale business which no one can do, just to sell courses? If the operation was so successful why shut it down. 

Post: New Member from Houston, TX

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Welcome to BP Cade. Take in and absorb as much information, but more importantly take action on it. GL!

Post: Investing in Tampa or Clearwater area

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Hey Frank,

I'm in Central Florida, and would be happy to chat.

Post: Investing in DFW

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Hi Amy, 

Welcome to BP. For long term holds I like upward transistional neighborhoods where I can see future forced appreciation while the asset cashflows. Maybe as an additional safety net set your DSCR% or cash on cash return a little higher than other areas you own.

Post: New Investor Here

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Hey John! Welcome to BP. I live in Florida but my family is from Portsmouth and I just there for Labor Day. I'd be happy to connect and see if I can help add any value. Partnerships equal rocket ships. Good Luck!

Post: New member and Beginner

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

Welcome to BP! Lets Go!

Post: How to structure a deal - money for start up costs on STR

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

I'm not an Attorney but you could set up an LLC (Parent Company) that is owned 50/50 by each of your own respective LLCs (You own 100%). One of the LLCs the own 50% of the parent company can take out the mortgage and that LLC owner would be the one who signs on behalf of his LLC. Hope that makes sense.

Post: Best Lead Generation Tools for Real Estate Investors – What’s Your Go-To?

John O'Leary
Posted
  • Lender
  • Winter Park, FL
  • Posts 686
  • Votes 384

1.) There are a ton of CRMs out there but we use Zoho for its ease of customization and integrations.

2.) Propsteam, SynergyData, and Batchleads. 

3.) All the above but the cold calling is outsourced to Lamassu. That is a full-time business in itself so we simply pay to skip the line there. 

4.) Build out a nurture campaign in the CRM that will automate tasks and tracking.