All Forum Posts by: Matthew Nixon

Probate files are public record that can be viewed at your county courthouse, Link. @Nina Okumoto

@Alex Harris

I've got California and Florida covered. I left you a VM. Feel free to reach out at your convenience.

Hey Andrew, We're a HML based in OC. I'd be happy to get you a pre-approval. I also get several wholesale deals sent my way on a daily basis. They're not all great but if I come across something that fits your criteria I'll connect you to the deal. Let me know how I can help.

As someone looking to do my own direct marketing to sellers, I'm hoping to hear some successful strategies that are being used currently in the Southern California market. 

The masses seem to preach direct mail as the tried and true way, but like Alex mentioned, in this competitive market is direct mail a viable option for those who don't have a budget of $3,000+/month.

Any feedback and statistics (response rates, deal conversion rates etc.) from people currently doing direct mail in SoCal would be greatly appreciated. 

@Kerline Caneus

My company is currently accepting applications for our 3 month mentorship program. Check out the links below.

BP marketplace ad

Mentorship program homepage

Best of luck to you!!

@Shannon Niemiec

You are correct that if the deal is a true deal, finding financing will not be an issue. However, like others have stated, it's never a bad idea to get pre-approved. This helps expedite the funding process when you get a deal under contract and often times the time you get to close is limited to a couple of weeks, so getting that part out of the way is helpful.

Also, talking to lenders before hand is helpful to get an idea of the type of people your funding partners are. A hard money lender should be a valuable asset to your team, and you should feel comfortable that the people on the other end of the phone are integrious and reliable. 

Good luck!

Hello BP! 

I have a client who is scheduled to close on a short sale with Chase tomorrow. Due to the fact he was able to acquire this property at a great discount he has multiple exit strategies he is considering. One of which is to sell the property (there are no deed restrictions) to an investor who can pull off a high-end luxury flip. 

A recent appraisal has valued the property at $2.8m as-is, and depending on the type of rehab/remodel (I've heard estimates of $600k-1.2m) you plan to do you can re-sell the property after it's all fixed up for anywhere between $4m- $5m. He is considering offers in the $2.5m range. The house next door at 591 Balboa is in escrow for $5.2 MM (estimate) with a back-up offer. Balboa has 200 sq. ft. less than this property with slightly better views.

Property details:

• Over 3700 sq ft of living space
• White water coastline views
• Wraparound deck w/ views of the ocean
• Private pool on an over 7500 sq ft lot
• 2 story home w/ cathedral ceilings
• 2 car attached garage

Please, serious inquiries only. Principals preferred but will work with agents and brokers. If interested I can send you the property address and more information. Flexible financing options available to qualified borrowers.

Welcome @Joseph Williams

I grew up in State College, PA and have some family in Carlisle still.

Upon graduating from CSUF I got my RE License and am currently originating hard money loans for a private investment firm based in Orange County. 

Lot's of opportunity out here but also very competitive. If you ever want to chat feel free to reach out to me. 

Full Disclosure: I work for this company

Thanks for posting this Sam.

This is a great opportunity for that hard worker, who is passionate about real estate investing, and has a burning desire to succeed. 

Anyone in the central Florida/ Orlando area who is looking to get into the game should be jumping at this opportunity. Not only are you being given the opportunity to earn while you learn (from some of the best in the industry) but if you prove yourself over the course of 3 months you will be rewarded with the opportunity to have us fund a deal for you from start to finish... WOW!! 

Super pumped about this program and can't wait to bring it out to the Southern California office. Keep rockin' it over there @Sam Ally