All Forum Posts by: Lashinda Winters

Hello All,

I am in the process of building my first list on listsource.com in order to find more properties to wholesale. I am looking for an example of a good direct mail letter to send out once my list is purchased. Any suggestions?

Hello Hector I am a new wholesaler in Houston,Tx and just got my first desk under contract a week ago today. Our situations are very similar. I studied the rehab formula for distressed properties at 65% or 70% minus rehab and wholesale fees but when I came across my deal with only $3,000 repairs to sheet rock and it being tenant ready I thought it was great for a buy and hold investor.... My numbers are $110K ARV $3K repairs $93K contract from owners and $98K asking price...rent $1250-$1350 in Alief, SW Houston...I've gotten several calls and emails just one home visit and he offered $74K....I think these are good deals for the right buyer but going forward maybe the rental move in ready type wholesales should still be negotiated down to 80-85% of the ARV...Good Luck selling your property.

Welcome to BP Cameron!

Thank you Ben and Joshua...Sharon thank you as well and lets network when you get here.

I sure will Travis!

Hello I am a new wholesaler with my first deal agreed upon verbally. I'd like some advice on where to get Assignment Contracts from as well as how to find an investor friendly title company?

Hello All,
My name is Lashinda Winters and I am a new to real estate and new to BiggerPockets. I hail from Houston, Tx where I was born and raised. I have a sports background playing competitively for Stephen F Aûstin St and University of Houston. My work history background is in Wireless Communication and Data Analysis. I have gone to seminars on real estate for 8 years on and off maybe 1 a year always admiring from afar. I just started full time 3 months ago. My introduction into real estate is in wholesaling. I am putting my very first deal under contract tomorrow! Yay!!! I hope to wholesale enough properties monthly to start buying properties to buy and hold and create passive income. I would also like to buy rehab and flip a couple of properties a year. I look forward to networking with and sharing this journey with like minded people.