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All Forum Posts by: Mark Laudato

Mark Laudato has started 2 posts and replied 11 times.

Post: Solid SFR Wholesale Deal-Shaker Heights, OH

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

Interested. Can you send info [email protected] 

Thanks 

Post: Can you answer this question?!

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

I don't see how this would be any different than doing a dmc and sending letters/postcards with the same offers. I understand it could be a problem if I were making offers and holding up the process often if I couldn't actually get HML loans, but my intentions are to only make offers I know I can back up.

Post: Can you answer this question?!

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

@Nghi Le If I were to end up passing one on I would probably go double close. Yes I will be using the HML and agree they are as good as cash. I would be presenting my HML the deal IF the #'s on my end and he approves if he likes.

Post: Can you answer this question?!

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

@Ham Merritt For now yes. We use a HML. I am interested in starting to hold more though so I will be looking for loans too.

Post: Can you answer this question?!

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

Thanks again Brent. The site is sellfastakron.com if you want to take a look to see if I am over promising or doing something wrong. Again,  my intent would be generating leads and deal flow over time. It's the same idea as direct mail to me just a different avenue. Maybe I will adjust some of the wording/timing on the website itself to lower liability as well. 

Post: Can you answer this question?!

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

Thanks Brent. Yea, the only problem is I am a newer investor and have only secured one contract (which was fast and cash but bank owned). I am thinking that when I generate leads from SEO and PPC that I am not going to make offers right away, as I will do my due diligence first and get a confirmation from my lenders (they give it to me within a few hours usually if the deal fits their criteria). This would alleviate "tying up" the property for a length of time. Obviously over time and more deals I will build up a solid record of paying fast for the deals.

Post: Can you answer this question?!

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2
First post here! Been a Pro Member for some time, but time to ask some ?'s  So, after much research on the marketing sides of things, I decided to pull the trigger on Investor Carrot. Love the site, set up was easy and was in full on training mode this week. I look forward to working the SEO and PPC to generate leads.  As I emailed another local investor he noticed my email signature now reflected my new website and that we buy houses cash and fast. He immediately emailed back and said you need to take that down or the State of Ohio will fine you thousands of dollars. Now, I am not an agent and I am newer to investing over the last year.   I guess the issue is that I must be able to PROVE that I can purchase the houses or it's frowned upon or even illegal in Ohio. I understand there is concern for hacks tying up the property and trying to wholesale tons of deals this way and that is by no means my intention. BUT, if I don't have a bank account showing I have the full funds to cover the costs of buying house (I use a hard money lender on most of my deals) I can get into trouble.  Anyone have any insight? I hate to have to cancel already and I was really pumped to start the hard work of getting the site ranked high in SEO. This is by no means my only way to generate leads, but one I was/am excited about.  My wife was a realtor back in 2001 but let it fall apart once we got married. We looked into a renewal but it's been too long. She's willing to get her license again...Would that be advantageous to us in this matter at all?  Appreciate any advice!  -Mark 

Post: Investor Carrot Ohio

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

Yea kind of how I felt. Obviously I have no desire to do anything "illegal" or that may have a negative effect on my business. 

Post: Investor Carrot Ohio

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

Also, I full intend on actually rehabbing the homes. I'm not trying to wholesale. 

Post: Investor Carrot Ohio

Mark LaudatoPosted
  • Investor
  • Akron, OH
  • Posts 11
  • Votes 2

First post here! Been a Pro Member for some time, but time to ask some ?'s 

So, after much research on the marketing sides of things, I decided to pull the trigger on Investor Carrot. Love the site, set up was easy and was in full on training mode this week. I look forward to working the SEO and PPC to generate leads. 

As I emailed another local investor he noticed my email signature now reflected my new website and that we buy houses cash and fast. He immediately emailed back and said you need to take that down or the State of Ohio will fine you thousands of dollars. Now, I am not an agent and I am newer to investing over the last year.  

I guess the issue is that I must be able to PROVE that I can purchase the houses or it's frowned upon or even illegal in Ohio. I understand there is concern for hacks tying up the property and trying to wholesale tons of deals this way and that is by no means my intention. BUT, if I don't have a bank account showing I have the full funds to cover the costs of buying house (I use a hard money lender on most of my deals) I can get into trouble. 

Anyone have any insight? I hate to have to cancel already and I was really pumped to start the hard work of getting the site ranked high in SEO. This is by no means my only way to generate leads, but one I was/am excited about.  My wife was a realtor back in 2001 but let it fall apart once we got married. We looked into a renewal but it's been too long. She's willing to get her license again...Would that be advantageous to us in this matter at all? 

Appreciate any advice! 

-Mark