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All Forum Posts by: Kristopher Gomez

Kristopher Gomez has started 17 posts and replied 126 times.

Post: Three-way Wholesaling Question

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105
Daren H. No not at all....I do lots of deals, in the example I mentioned earlier I got a house under contract in a different county and my regular buyers were not interested because it was to far...so I hooked up with another wholesaler and everyone won....seller got his beat up house sold quick and did a 1031 and bought his daughter a house, me and the other wholesaler made a bunch of money and the rehabber paid 535k and will sell the house for 750k so everyone is happy and a winner

Post: Three-way Wholesaling Question

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105
John Ciechoski also wholesaling in general is totally legal as long as you have the right paper work...it doesn't mater what your "intent" is and your "ability" to close is irrelevant also. If you have a property under contract discounted enough it's very easy to go get a hard money loan to close on it if you wanted to, no credit no nothing, also you don't need a buyers list before you start...buyers are ez to find if you have a deal it's not hard to give equity away. Good luck wholesaling get in the game and don't listen anybody negative

Post: Three-way Wholesaling Question

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105
John Ciechoski I do deals like this all the time it's ez and 100% legal.... I had a recent deal under contract 475k another wholesaler brought me a buyer for 535k I assigned it to his buyer direct and had escrow cut him a check for 20% of my fee......he made 12k I made 48k this is one of many deals I've done like this it's common and ez

Post: Need help I'm a newbie

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105
Look up flip man on YouTube he covers everything you need....all do lots of flips I never tell the seller what I'm doing as far as they know I'm the buyer it's easy.

Post: 0 to 54 units in 12 months

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105
Great work....are all your units sfr?? Or you got multi fam in there as well ???

Post: 470k in wholesale fees since January

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105

@Account Closed I use yellowletterscomplete.com for the list and mail I don't touch anything and I take all the calls myself 

Post: 470k in wholesale fees since January

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105

Post: 470k in wholesale fees since January

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105

@Gregory B. expense ratio is really low because I had one monster deal in there that changed the averages it was a apartment building I flipped ( wholesale ) 

@Account Closed all direct mail and referals from networking 

Post: 470k in wholesale fees since January

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105

@Elon Matias ya no prob I'll answer any question for ya best I can....

@Gregory B. I had around 30k in direct mail....post cards to absentees and a little pre forclosures also but 95% absentees 

Post: 470k in wholesale fees since January

Kristopher GomezPosted
  • Flipper/Rehabber
  • Riverside, CA
  • Posts 130
  • Votes 105

@Elbert D. ya same few buyers for the most part...and when I said flip I mean wholesale flip not fix and flip... 

@Michael Plante yes that's right....go on YouTube and look up wholesaling real estate and "assigning contracts" it might change your life