All Forum Posts by: Lisa Thoele

Welcome to BP Paul!  

Hey Brandon -I don't know what your threshold is for your upfront purchase price but don't be discouraged if you like Portland you can still find deals - but not typically on RMLS.  I purchased a home in a SE suburb from a great wholesaler to flip for $150k.  You just have to network and find the guys who are really truly good wholesalers.  It took me about six months of concerted effort to find a handful of these guys.  Best Wishes.  Lisa

@Gregory Tran - you got it exactly Gregory - it was the language of sales coaching series - to be honest I wasn'T disciplined enough at the time to put most of what I learned into practice which I now regret.  It is like script practice you have to do it enough that is becomes just natural - really admired Michael Q for his mastery! I am not at KW but if you are interested in picking up these skills I would highly recommend that series - if I was at KW I would re-take it.  Best wishes!!

Hey Troy!  On my second flip I ran into this same issue.  We ended taking it completely off and replacing it with architectural shingles.  It stinks to have to do this.  I agree with Patrick - check your local standards - as a real estate agent in the Portland area if my buyer had a home inspection on a house with multiple layers over a shake roof I know it would have been called out by an inspector as unacceptable.  Best of luck!

Jay, your post made me smile - that sounds just like Nancy!!  I'm picturing her chasing her sweet but crazy cats around the yard.  I haven't been by since you guys finished your house but will have to swing by - I did meet Nancy for lunch about a month ago and she seemed pleased too.  I think if everyone is happy it means it turned out great!

I really enjoyed this thread - thanks so much for starting it.  I have been seriously considering devoting myself to becoming a wholesaler in 2015 - struggling to decide what direction to go in - and your post made me really consider the skills I already bring to the table and the skills I need to sharpen if I choose this path!  

Hi Aaron!  I wish you the best of luck in your journey!  Its exciting and you have access to such great info and help thru BP.  

This is such an interesting topic Jay!  As a real estate agent this is a focus of a lot of different trainings...I think its interesting that the first time I can really recall hearing this topic discussed by investors was on the podcast you are referring to.  What Michael Q. talked about is almost exactly the material taught in a Keller Williams course I took once a few years ago.  Kind of interesting crossover.  I'm always interested in getting better in this area.  

Thank you for sharing Joshua! What a great idea - someone could use something like this filled out for marketing wholesale deals too...

So I would do an analysis using your MLS data or perhaps your title rep can help, to figure out the turnover in the two areas - if there are specific subdivisions or neighborhoods that are experiencing above-average turnover, I would focus on those areas specifically - especially if the majority of sales weren't dominated by just one agent (as a new agent you can certainly break into a neighorhood dominated by someone else but its going to take some time so if you are looking for sales now that would not be a stategy I would bank on). Likewise, if a neighborhood attracts "sitters" (people who aren't going to move for 25 years) and its only 10 years old and you are looking for some quick business that's not a place to focus. You might consider looking at if there are any subdivisions in the zip codes you are considering that are 2-5 years old? If so I would focus on those - its time to start seeing turnover in those neighborhoods. Hope that might help a little. Good luck!

Hello Jessica - I hang my license with Premiere Property Group. You could also talk to Fairplay. Best Wishes, Lisa Thoele