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All Forum Posts by: Laura Alamery

Laura Alamery has started 251 posts and replied 514 times.

Post: Miami Rookie

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Hello! I am a local real estate investor and I also run 2 real estate clubs, one in Miami and one in Fort Lauderdale. We have monthly meetings. Tonight we are meeting in Fort Lauderdale for our Mastermind. Join us some times. Great information and networking opportunity.

Post: Investor from Hallandale Beach

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Hello there. Please come and join me at one of my real estate club meetings. I hold one in Miami and one in Fort Lauderdale once a month. Tonight we have a Mastermind meeting in Fort Lauderdale. Great information and networking opportunity. Check out my website under Local Events for links to the Meetup clubs.

Post: Bird Dog

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

As a bird dog, you basically scout for properties, and then bring the referral (property) to an investor for a referral fee (usually $250 to $1,000.) Why don't you use the same concept and co-wholesale instead? You still find the property, put it under contract, and then partner with an "experienced" wholesaler  to sell it and split 50/50 instead of taking just a small referral fee. The advantage of doing this is also that you would be building your own buyers' list and in no time you can do the deals by yourself and keep all the profit. :)

Post: Probate Question

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Hello -

I always put something on the envelope to trigger someone to open it. If it is a vacant property, I state "Cash for your property at (address) regardless of condition and equity." For probate, I would state "Executor of Estate at (address) - I will buy the property regardless of condition."

Laura

Post: Is market back to 2006 values?

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

According to the Federal Housing Finance Agency, as of July 2015 we had already reached the levels of November 2006 (pre housing crisis,) with the average nationwide house price of $240,000. As of today, we have risen another 3% nationwide average since July 2015.

The Midwest, from Wisconsin to Texas, are on the higher end of the price recovery, compared to other parts of the country, like East and West coast.

I hope this helps you. :)

Post: Wholesaling Or Rehabbing?. What's Your Favorite & Why?

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Both. :) I always say to new investors to start with wholesaling, because it is a good way to start learning about the business with minimum risk and faster gratification (money!) Eventually you do want to add fix and flip to the mix, because you run into properties that make much more sense (and money) to rehab for quite larger profits than straight out wholesaling.

There are 4 possible outcomes to a real estate deal - wholesaling, assignment, fix and flip and buy and hold. Knowing which one to apply for every deal will maximize your profits and strategy as a real estate investor and you will never "leave money on the table."

Post: Newbie from St. Louis area

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Welcome! I run a pretty big and successful real estate investors group in St Louis. Come and check us out! Our next meeting is on February 26th. You can find us on Meetup under St Louis Real Estate Club.

Post: How to get the phone number of home owners.

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Skip tracing (what the creditors use, like Accurint,) would be the best option, but it can get pretty expensive. You can try Spokeo, Searchbug, Intelius or free services like whitepages.com or 411.com

Good luck!

Post: New Member from Plainfield via Chicago!!

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

Welcome! Come and join me and several other active investors from the Chicago area at our next Meetup (go to Meetup) on February 28th under "Chicago Real Estate Club: Networking and Coaching." I hope to see you there!

Post: Who Do Flippers Target For Direct Mail

Laura AlameryPosted
  • Investor and RE Mentor
  • Miami, FL
  • Posts 560
  • Votes 218

I target the "Don't Wanters" - see the image below that was part of one of my recent webinars. Good luck! :)