All Forum Posts by: Denisha M.

Finding buyers is the easiest part of wholesaling. Learn how to acquire properties. Once you find and lock up good deals... Buyers run to you. Put together a detailed package and be accurate in your rehab assessment. If you prove to be a good wholesaler you will probably only need 2-3 buyers.

Use the state approved purchase and sales/offer to purchase form. When you sign make sure you also write and or assignee so legally you are saying you or someone else can close on this deal and giving you legal right to wholesale. When people start messing with contracts I think scheme because they usually word it to trap the seller

Bill McLaughlin is a pretty good agent.

He works with investors. Not sure agents deal with subject to's as that is usually between you and the seller and part of the point is to avoid agent fees.

His email: [email protected]

I echo the same sentiments. In 30 minutes he helped clarify many of my questions and provided resources for me to research more in depth. I truly appreciate your professionalism and insight @Brian Gibbons

It's not too bad. I've gotten past the phone interviews and one appt which I will be following up on to make an official offer. Be yourself be polite be honest ad say you can help them out of the situation. Key is to find out WHY they want to sell. The question HOW SOON DO YOU WANT TO MOVE also helps in establishing level of motivation. Will let you know how mine goes. Don't stress it's not too bad. I'm generally shy and after a few calls, and a few rude people you get better. Brace yourself for the rude ones but don't take it personal. I've realized they are angry because other investors have also contacted them do be aware you have competition.

Grant Kemp is pretty amazing. Inspirational. He even takes time to respond to messages (of course now his life is on another level since this podcast). But truly awesome. Can we have a video blog on the step by step of how this is executed. The paperwork required? I've read and listened to everything and somewhere in it all I get lost because I just need to see it executed. What I did get from one post and the podcast was that an RMLO and attorney is essential. Is it if they know what to do then you are ok as they have to verify each step? I'm just terrified I miss some minute but very important detail and then I end up in jail.

I learned more about subject to's and LTO from Brian Gibbons he clarified a lot and gave me specific topics to research and people to contact. I appreciate you.

I think it's a great lease to own for the right price. You have to factor All the hoa etc into your rental amount.

Did you search the topic on BP? I found several threads on the topic that could answer your question I think but could be wrong. Wholesale Tax Implications on the BiggerPockets forums http://www.biggerpockets.com/forums/93/topics/17686-wholesale-tax-implications There are a couple but I don't think you need an LLC because you will be taxed as self employed no matter what and therefore probably paying twice. One as llc and one as yourself. Hope that helps. This site is great I've been learning so much. Still a newbie

join meetup.com and search. The only ones I'm aware of IN the city are boston wealth builders and the real estate success meetup with Ruben Austria.

Wealth builders is educational with networking opportunities and success is heavy networking.