All Forum Posts by: Kevin Greene

I have noticed the same. My personal theory is that it's a combination of a hot market and inundation of the SMS space with new investors, with some carrier blocking sprinkled in. 

@Cameron Outlaw It's poppin!

What market? Richmond? I am wholesaling in Hampton Roads

I know of one. Send me a PM

Hey @Pavan Gupta, let’s connect. 

Many local investors use LT Kaplan. I have been using the Law Office of Jenny Colon. Both are investor friendly.

You probably got this worked out, but you need to call the Norfolk Utilities. HRUBS/HRSD is just a supplemental billing that occurs when you turn on water service with the city. The city bills you for water usage and HRSD bills you for the accompanying sanitation. Anywho, from the Norfolk website:

Service requests received by 3 p.m. will be set up the following business day. Norfolk Utilities cannot establish service if the required documents are missing, altered or incomplete.

Activation Fee

A $20 activation fee will be assessed on the first monthly billing statement of each new activated account.

If I recall, VA Natural Gas service is quick to be turned on as well. Can't remember if there is a cost. You can probably expect an activation fee and/or deposit.

I don't know but I wish he would stop spamming my CL ads with his marketing.

@Luncy Jeter I find leads through a variety of ways. Driving around, direct mail, public records searches, wholesalers, etc. You're right though. Get a good deal on a property, sell using owner financing, carry the note (and possibly sell it later), rinse, repeat. That's the idea in a nutshell but there is a tremendous amount that goes into it, which is what I am trying to learn. I never stop educating myself so I will eventually figure it out. Still, it's better to have others to bounce ideas off of.

@Johnny Quilenderino I should have been more clear. I was talking about selling properties to consumers and offering seller financing. I want to pursue this strategy for a number of reasons: less competition, higher sale price, passive income without having to deal with tenants, and great returns. The challenge for me at the moment is regulatory compliance. You've got to be really careful with Dodd Frank and the SAFE act.

I do understand the difficulties of negotiating seller financing as the BUYER. The average person is going to have their guard up and automatically say no. I don't see how this could be specific to Hampton Roads though. I've had luck with obtaining seller financing from a broker/agent who understood the process. 

@Amahl Miller I want to add Subject-To to my toolbox. No luck yet, but I am working on my pitch. The more rejections I get the better it will get. I really enjoy the process of improving from each interaction. If you get enough objections you know how to handle them all and can push forward. I've found that the initial seller impression is that you're attempting to assume the loan. How about you?