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All Forum Posts by: Lamont H.

Lamont H. has started 13 posts and replied 54 times.

Post: What do rehabber and buy and hold buyers look for?

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14

Hello BP Family,

I was wondering if any seasoned rehabber's and buy and hold investors can help me with this.

When dealing with wholesalers what information is most important to you?

(Please provide me with as much detail as possible)

When i start putting deals together i want to present my potential buyers with a comprehensive report. I know the information i present depends on my buyers strategy. Just wondering if it gives me more of a edge on who they go to, in terms of a wholesaler, for their deals. I want to be as professional as possible and also save my buyer some time in terms of seeing if it's a deal for them or not.

Thanks in Advance

Post: Working w/ another wholesaler

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14
I know this discussion is probably dead, but REO's are assignable if you know how to structure it. Just thought I should put that out there

Post: BP podcast about DF Act

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14

@Joshua Dorkin With that statement I'll definitely be looking forward to PC 55! IMO all of the PC are great in their own right.

As far as the DF Act, alot of clarity is needed!

And who better is there to enlighten us than the great people at BP and of course any competent Real Estate Lawyers ;)

Post: BP podcast about DF Act

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14

@Joshua Dorkin Hey don't mean to ruin the surprise for the next podcast!

You know, podcast 55: How to assign lease options and comply with the Dodd Frank Act.

J/K folks but that would really be a cool Podcast for us investors new and old.

What you think Joshua? I know there are some competent Real Estate Lawyers dying to be on the greatest Podcast ever invented for investors.

lol have a great night guys!

Originally posted by @Elio L.:
I'd like to know the same thing. We're paying someone to go down to the courthouse for us and record them one by one. It isn't efficient at all.

Hey Elio if you don't mind me asking how long have you been doing that? and where did you find someone to do that for you? are they good leads? and what is the cost per lead?

Hello BP Family!

I was wondering if anyone knew how to pull records of landlords dealing with evictions in the Hudson County NJ Area?

Lamont H.

Post: Rookie looking for HELP!!!

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14
@Chris Klaude wholesaling can be a hard process to start, but I assure you it's much easier than you think. Grant it you will need to put in the work to be successful,but this accounts for anything worth doing in life period. With that being said, IMO, Wholesaling is a great point to start from if you new to real estate investing. I believe setting small goals and accomplishing them will move you down the path of wholesaling success. For example instead of just taking in all this information in about wholesaling , set a goal to learn about one aspect of wholesaling and then move to the next. Eventually,once you learn all there is to know about wholesaling, you then will want to set goals to put your business together. So for example when you are looking to start,set a goal to locate your market area and maybe figure out how you want to market to seller,buyers etc( CL,DM,bandit signs etc). Once that goal is accomplished move on to the next. This should lessen that overwhelming feeling and keep you in control. I used one guys program and to me he covers every aspect of wholesaling and is real about it. Contact me if your interested. Lamont

Post: Direct mail 1 year later

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14

Hey Bp Community

Interesting post, and one that should be taken seriously. Especially for those of us who are new to the business. With that being said if you only know one strategy for Investing. I would suggest selling your warm leads( to other investors who specialize in different Investing strategies(Short Sales, Foreclosures,Lease Options, etc). You can even ask those same investors to mentor you on those strategies once you build a healthy relationship and pass a few good leads there way. Who any veteran Investors suggest this to newbies as a way to stay in the game? Just Curious on your thoughts.

Thanks

Hello BP Family,

Can anyone steer me in the direction of a investor friendly title company in NYC, New Jersey (North Jersey) and Eastern Pennsylvania. Any help will be much appreciated

Thanks in Advance

Post: Finding a Wholesle Friendly Realtor in Ventura

Lamont H.Posted
  • Jersey City, NJ
  • Posts 54
  • Votes 14

@Kris H i also second that. But what i think Phil Z was trying to say is that most realtors don't take on distressed properties that most wholesalers look for, and the ones that they do take on are probably getting alot of offers from other investors meaning more competition. But I'm sure that varies from area to area. Hampton Va might be the spot :)