All Forum Posts by: Linda Williams-Jasper

Hi. You can get MLS access yourself; not full access, but access. Some local RE agents have very good websites that can help you -- www.franklymls.com or Listingbook (with RE invitation access) are pretty good. So are other sites like Zillow and Redfin. That should help you in some way.

Be sure to check your locale about bandit signs...you don't want to get into hot water.  I have seen them around Stafford, but Walmart isn't too kind about them being on their property.  Be careful in Woodbridge - they aren't all for signs either.  

It's a good start to check where the high traffic areas are. I know traffic in murder in our area, but take a weekday trip to Stafford and FXBG before the afternoon rush.  Tour the major roadways like Rt 1, 610, 630, & 17...you should immediately notice what I am talking about.  If not; I'll be more than happy to show you around!!!

As for me; I haven't done any signs yet.  I am still new at this so I haven't got up the courage.  Plus I see bandit signs for wholesaling all over the place...competition is steep down here!

Hi. I am pretty new to wholesaling and am in Fredericksburg, VA! I'd love to know whee the local REIA is also. In fact, I want to connect with as many local investors and fellow wholesalers as possible! I always hear the REIA is a good start!

The greater Fredericksburg area is on an upswing, per se. I just attended a meeting a couple nights ago that discussed the Southeast High Speed Rail Corridor...which looks like a future reality.

Oops, gotta cut this short... the sun's now out..kids are up...gotta go be Super Mommy!!!!

Feel free to contact me! 

Okay, before I found Bigger Pockets I actually paid for a coach/mentor that I met during an unrelated business transaction.  I wish I hadn't; I guess he's sorta mentoring me, but not really.  Nevertheless, he recently sent me an email that contained the following:

"Now let me tell you about something that came to me. In all of the counties across America houses are being seized for back taxes and auctioned off. After the auction the county takes the back taxes out of the proceeds. The remaining money goes into a fund for three years. It varies from county to county. The family who lost their home is entitled to that money. 90% or more do not know this. The only thing the county does is after the auction they send a letter to the address of the house the people no longer live in to tell them about it. Only one letter! This is a crime. The term for the process of identifying the money as abandoned and moving it into county coffers is called "escheatment". So there has been an ongoing business of locating the people and working as their agent to get the money to them. Usually the fee is 30%. Some of the counties have legislated the allowed fees collected to protect the losers of the homes so they get more of their money. Ha! It is really to try to reduce people from going into this business so the counties get to keep the money they are stealing.

As a coach my job is to get you to do things that will move you forward. So now I am going to put one on the table for you to think about. The best company I have found charges $1600 for everything needed to do this business..." You can guess where the rest of the email heads.  Now I am not a professional, so I  am speaking from my own experience...  In my own short sale in 2010 I was told that if my house sold for more than the asking price I would get the difference.  So I see some of what he's trying to say, but I didn't think that applied to tax lien properties. I don't plan on getting into with him, but I am researching it because it just sounds strange.  Has anyone ever heard of this before?

I'm in Fredericksburg, VA and there's a company in nearby Spotsylvania, VA that has the CL saturated with bird dog ads. The competition is fierce!

Okay, I am still learning and I want to know what to look for in a buyer/seller.  Any tips and hints on how to spot/network with good buyers and sellers?

I don't want to take just any house for a deal nor do I want to bomb out a deal over a shaky buyer...

Any help is greatly appreciated!  BE BLESSED!

Greetings:

I am super new to this, but am interesting in learning about wholesaling until I have enough capital to flip homes myself. I am a full time working, 34 y/o, single mother; I am ready to make a financial change for my household! Does anyone else have any pointers on how to best do this and work full time?

I came across Bigger Pockets while doing internet research and I listened to the Podcasts. They really encouraged me to do this; I always thought of it as a risk for someone like me that works to live. I have also considered getting my Real Estate license so that I can better understand the industry.

I have recently completed and AS in Social Sciences and am taking a break from schooling to focus on my family. Working full time and being a full time college student has taken its toll in so many ways! Nevertheless, I hope to complete a Bachelor’s in Social Sciences.

Until then I am hoping to learn leaps and bounds on how to get started and become successful via the Bigger Pockets Community!!!

Thanks and Blessings,

Linda