All Forum Posts by: Jordan Jarvis

Hi Emanuel - Welcome to BP! I am also fairly new to investing, however just from you post it looks like you are interested in Buy + Holds. Buy low, fix up and rent out. My suggestion for you since you have no experience in construction is become familiar with you local contractors or rehabbers. Feel free to reach out to them for advice. 

Luckily my uncle is a contractor, so that part was easy on my end. However some great advice I was given was to spend some time in places like Lowe's or Home Depot and become familiar with materials needed to rehab a home (price, types, styles etc). It may seem like tedious work, but it will pay off in the long run as the more familiar you are with what it takes to properly rehab a home, the better you will be able to analyze deals and know whether it is a good deal or not based on the estimated rehab cost.

Again, I am also new so my advice is just based off of my own personal experience.

Best of luck,

Jordan Jarvis 

@Aryelle Collins - Hello Aryelle! Welcome to BP. I am also a relatively new Investor in the Tampa Bay area. I started as a Real Estate agent, but once I discovered the endless opportunities that investing offers, I quickly converted.

My interests are also in wholesaling, however I would like to quickly transition into rehabbing from there and ultimately buy + hold to create that passive income. I would love to connect and share ideas. Real Estate is all about your NETWORK!

Kindest regards,

Jordan Jarvis

Hello BP - I wanted to briefly introduce myself. My name is Jordan Jarvis and as the title reads I am a Real Estate Agent turned Investor! One of my closest friends introduced me to the Real Estate industry as her family owns and operates a Title Company. After doing some research I figured that obtaining my RE license was a good starting point for me to have a foundation of real estate knowledge to continue to build on. It is safe to say that BP is solely responsible for my ongoing hunger to get into Investing!

Wholesaling is one of the strategies that really caught my eye, because like most newbies the thought of low to no money down is very attractive. However, after digging deeper in the REI world, I am more interested in meeting the needs my clients and provide solutions that work for both parties. I look forward to the opportunities that Real Estate Investing brings!

Thank you so much Shawn! This is exactly the kind of feedback I was looking for. The realtor I'm  working with has an established buyers list already, so maybe a finders fee would be proper for this type of deal structure since he will be making comissions once the house is ready to be put back on the market.

Hello BP Community,

I am just getting started with Wholesaling and have some questions about the benefits of working with a Realtor. I have been networking to meet other investors and one investment firm in particular sends deals to see if I can find an end buyer. Of course I would get a cut of the profit for bringing in the end buyer. However, my question is what if a Realtor whom I have a good relationship with helps me find the buyer, how does the realtor get paid? Would it be a cut of my earnings that I receive from the investment firm who has the property under contract? This may be a stupid question, but I am just trying to find the best ways to structure deals with the resources that I have.