All Forum Posts by: Jordan Decuir

I'm assuming that you want this list so that you can potentially add the cash buyers to your buyer list for wholesaling? I would just be honest and upfront with the agents that you speak to. Some will probably not want to do this for you for whatever reasons, some or most of which are probably valid, but at the end of the day, I'm sure you will find at least one agent willing to do this. From my perspective, regardless of what business you are in, you are a prospect from an agent's point of view because more than likely at some point either you or someone you know or run into in the future will want or need the services of a real estate agent for which he/she would be paid a commission...for this reason alone, you should be able to find an agent willing to do this and I would assume you wouldn't have to look too far or long

Jenifer S. , to Roland Paicely 's point, a realtor can probably pull this data quicker and more-reliably...I imagine you can find a new, eager agent who would be willing to send you this list if you looked around a bit.

Fair point Mike Wood . I will leave this out here so I can get an idea of what the feasibility threshold would be. What about a very long-term lease (40...50...99 years)?

My family owns a small vacant lot in a relatively-desirable area of Metairie, LA (New Orleans suburb), in Bucktown to be exact...I would like to get some feedback from the BP community around potentially trying to do a land lease on this property whereby we grant a developer the right to lease the land, develop an investment property on the land (presumably a duplex or triplex, given its location and size), operate that investment property over a long period of time and pay us scheduled rent over a significantly-long period of time. Is this common/feasible in Louisiana and the Metairie/New Orleans area? How would this be structured? I recognize there is the option for us to develop it ourselves, but I would like to explore the idea of quickly/"easily" monetizing this asset with some sort of land lease if possible.

Perhaps a realtor can quickly and easily pull a list with the MLS data that he/she has access to, whereas it may be more cumbersome and time-consuming for someone to do it via other means. It is fair to wonder why a realtor would pull a list and give it to you...I would say their motivation may be so that he/she will stay top-of-mind so that you associate the services that a real estate agent can provide with him/her, thus resulting in your giving that realtor future business and/or referrals. Just my two cents...

Welcome David McKinsey As an original New Orleans boy, Purdue has a special place in my heart since it delivered Drew Brees! Anyway, education and moving toward action is the way to do it so you're on your way. I would recommend all of the BP podcasts, also Joe Fairless's podcast is great as well and each episode is shorter. What kind of marketing do you plan on doing for you wholesaling biz?

Grant Cardone's point about numbers two and three may be to partner up with other investors to go bigger, 10X so to speak. I think the 16-unit idea is that 16 units can justify some form of property management so that the investor doesn't have to spend his/her time doing the property management

I wanted to follow up and thank everyone for their input here, it has helped me with my decision-making process. Special thanks to Jonathan Greene for making me think a bit more about the broker's brand recognition as having a bit more importance than I originally thought. Also, the point about training/mentorship. All of your comments are greatly appreciated and I know that I will be making a better-informed decision as a result of all of your help. Thanks again!

Bigger Pockets episode 172...just added it to the "Play Next" list. I will be hearing from you soon Jonathan Twombly . Thanks for the input here. I think the consistency is key, especially with marketing

Antoine Martel How are you sourcing/analyzing/managing these properties? Do you physically go out to each area every so often to analyze new deals? I assume you have teams in place in each area to assist with the management of each of your properties?