All Forum Posts by: Jonathan K.

I am in the raleigh north carolina area and was curious to know if there are any highly reputable attorneys and/or agents familiar with short sales. Been doing my due diligence to find some homes in the Raleigh area that are pre-foreclosured on as well as foreclosed. I have templates of contracts to set up but a direct contact to go over some things would be perfect. Any possible assistance plus advice on trying to make my first wholesale would make a big difference. Most of my knowledge is off of youtube for the most part. I will begin my cold calling after gathering enough leads to seek out to.

Thank you in advance 

Hey Sabian, 

I took Eric Cline's course at the beginning of last year, and it was worth it for me since I understood that wholesaling is sales and marketing. It gave structure to my business on the acquisition side, and since then I have modified the sales approach to be more tailored to my preferences.

We are transitioning from outbound marketing to inbound PPC and PPL. If you are doing this part-time, set your expectations correctly. It might be better for you to partner with someone in your area.

 I actually dont work virtually........I work WITH the virtual Wholesalers.....every deal ive closed was with someone that didnt live here in my market

Thank you all for your responses! I found it all very interesting!

The seller has pulled back and is not interested in meeting in person at this time. He says he wants to fix it up himself and sell it because the market is hot in that area right now. I think he's blowing smoke, but he gave me permission to follow up with him in the future to see if he has decided to sell.

Some responses to your various input: I did some heavy duty networking and made a new investor friend who has flipped houses and his day job is kitchen cabinetry. He agreed to go see the house with me to help me estimate repair costs. Having this potential deal caused me to go on the hunt for people to help, and he is one of the wonderful rewards. 

I am pretty familiar with the wholesaling laws, though they are changing here in Ohio, but thank you for your concern. As a result of this, I was able to get contracts from another new contact, so that is also a very valuable outcome. 

I am thrilled with having made some progress in my journey, even though it hasn't ended up in a deal at this time.

Thank you again to everyone who took the time to respond! Some day soon I will have my first deal under my belt!

 Not sure your point, if it's a good deal the PROPERTY/ CONTRACT same thing, will sell

All the best 

Hi Jonathan, 

Not sure whether you found a property yet but I have two awesome opportunities coming soon on the market. One is in Fountain Valley and the other is in Santa Ana. Both are great units to house hack, since they have their own entry points to the unit so essentially you would never see the tenant. 

Hey @Alex Duarte interested to learn more! 

Let's connect if this is something you might be interested in. 

Hey Jonathan,

Bryan gave some good advice. However, I would not be worried about a massive housing crash. There is a massive under supply of housing backed by a big demand. It is possible that we will see the housing market steady out, but a massive crash is not likely. I would focus on the long term, 10+ years out, and focus on how much equity you could gain throughout that time. Even if the market does dip in the short run, it would not effect you if your plan was to hold your condo long term. 

For the question on whether you should wait or not, If you find a condo that works good for you, I would go for it. However, don't just buy something to buy something. Hope this helps, feel free to reach out if you need any help or have any other questions.