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All Forum Posts by: Barbara Riley

Barbara Riley has started 3 posts and replied 60 times.

Post: FANTASY DEALS

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19
I would like to fund an apartment/condo community for low-income GLBT seniors. There is a huge need, and very limited resources.

Post: how to negotiate

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Derek,

Thanks for the vote. This is the link for one of Sean Terry's wholesale webinars on talking to sellers. After you enter your first name and email address, it will take a little while to load. Hope it works for you. I'm about to listen to it again. (It's a replay so of course the chat box is closed.)

http://fb.me/6rs9sDXyR

Post: how to negotiate

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Hi Derek!

Sean Terry (Flip2Freedom) has put up several webinars that are free and explain in detail how he approaches sellers under various circumstances. He provides word for word SCRIPTS, recommendations about when to make an appt to see the property and when not to, what to say to absentee owners, how to handle objections, everything. I'm new, but I thought his strategy made sense and was very easy to follow. I tried to find a link to his "scripts" webinar and can't find it. He is on Twitter @Sean Terry Flip2Freedom. He posts notices of his webinars on Twitter, and links to the free webcast. If you scroll thru his tweets, you might be able to find the link to the scripts replay. It's been at least a month ago. He will probably do it again, so follow him on Twitter or maybe you can find it on his website. The webinars are about an hour long, and they are interactive so you can ask questions. I see that other members like him, btw. Hope this helps.

Post: Wholesaling Concerns

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Oops, I meant to address my reply to Ronnie. Sorry Ronnie...it's late. :-)

Post: Wholesaling Concerns

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Hi Chris,

I'm very new, so I am passing along what I've read here about wholesaling since that is my interest as well. I share your concerns about avoiding legal pitfalls. One area that it seems is fought with possible legal problems is wholesaling preforclosures. Personally, I plan to stay away from those altogether, or at least until I know a whole lot more.

Post: New Member in Columbus, OH

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Many thanks, Dmitriy!

Post: New Member in Columbus, OH

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Thanks, Cale!

I'm overwhelmed by how friendly members of BP are. Great to be here!

Post: New Member in Columbus, OH

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Thanks, James!

Post: New Member in Columbus, OH

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Thanks! I appreciate the suggestions/links. There is an awesome amount of good information here.

Post: New Member in Columbus, OH

Barbara RileyPosted
  • Columbus, OH
  • Posts 61
  • Votes 19

Hi Everyone! I'm a new BP member and I may as well say I'm a newbie to investing as well. I had a couple of investment properties back in the 1980's which I sold, and I've done nothing since except read. I should really know a lot by now. lol Now that I find myself in my senior years and not wanting to work in my 40-hour-per-week job for the rest of my life, it's time to revisit my old love...real estate! My goal is to replace my 40-hour job with passive income from buy and hold SFHs and/or small multiple-family properties. Also, I want to be able to contribute significantly to two non-profits that are important to me. Since I'm cash poor and my only asset the equity in my home, wholesaling seems to make the most sense to start. I'm beginning to think about senior-friendly housing as a niche, but really haven't done the research on that yet. I love the hunt, and research, and I'm very analytical. I can talk to people, and they sense they can trust me (which they can), so rapport is never an obstacle for me. Being cash poor, my method for finding properties is driving for dollars and talking to neighbors. I need to gather better resources for comps and property histories. Also, I need to connect with contractors who can provide good detailed estimates of repair costs. I do not want to wholesale a property that I would not want to buy myself if I had the means. I would welcome the opportunity to connect with investors in north Columbus to learn what their purchase criteria is. Really looking forward to renewing this adventure! Real Estate is the only investment of money or time in my life that was good to me. I should never have left it!