All Forum Posts by: Kurt Michaelson

There are quite a few RE groups that I've found via meetup.com

• Oklahoma City Real Estate Investors Association
• OKC Real Estate Investors
• Oklahoma City Real Estate Investors Happy Hour
• Bricktown OKC REI Level Up

I could suggest contacting either @Cassi Justiz and @Dylan B., to find out if they meet your criteria to work with.

I'm not familiar with who to recommend as an HML, or a Property Manager, yet.

What are you specifically looking for in a wholesaler?

@Aqeelah M., @Cody L. makes a good point here. If you have experience in real estate photography, why not combine your skill and your money toward someone else's deal?

I've often heard Gary Vaynerchuk say to offer your service(s) for free to bring value to someone and it will bring you greater dividends in the future, which is a little bit like sowing the seeds now and reaping the harvest later. 

Do you have any photos up on the internet of some work you've done in the past, for an investor to view and consider hiring you (for free)?

@Aqeelah M. I have to concur with @Cassi Justiz here that $20K wouldn't be enough of a contribution to a much larger apartment opportunity as an investment. 

However, it may be enough of a contribution to someone who is looking to fix & flip a 2/3/4-plex property and needs money for either a downpayment, or for rehab costs, which could be a good foundational start for you.

@Alyssa Dyer One thing I've learned about sales is that you haven't lost what you haven't won. 

I know they aren't in a rush to sell the property, but it may become tiresome for them to have it there and it's not appreciating in value, or producing a cash flow for them as a rental, if it remains unoccupied.

@Alyssa Dyer Thank you very much. I did make a few adjustments as you suggested. 

The children who have inherited this property said that someone else had offered $90K, and I don't think they really want to accept even the appraised price that was given to them.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

The owner of this house recently passed away and there are 3 children remaining who will decide on which offer they will accept to sell the house.

I asked them about listing it with an agent and decided not to because it was suggested they do some updating of the house, which they don't want to do.

They said the house was appraised for $150K and they are asking $167K. To see more photos of the house, please visit this Google Photos album -https://photos.app.goo.gl/fDUKkzkq3riyMuEj6

What other options would you consider in making an offer to the seller? Thanks in advance for your feedback.

Yes, that helps. I know not every rehab can be completed in the same time frame, but are rehabs in the OKC area averaging 12 weeks to finish?

How long did that rehab take @Alyssa Dyer?

1. Wholesaling with future aspirations to invest in duplexes and multi-family properties
2. U.S. Marine Corps
3. 8 months

Thank you all for your service to our beloved country.

@Nathan Hughes Great story. I wish I had been more informed about real estate 20 years ago because I would have bought my great-grandfather's home in Cape Cod, maybe even my grandfather's place too.