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All Forum Posts by: Michael J.

Michael J. has started 5 posts and replied 187 times.

Post: 1st Wholesale Deal: Struggling to get buyers, and know what to do

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

What price are you marketing it for? If you truly have a deal then you shouldn't have an issue with finding buyers. Make sure you have joined all the groups on facebook for pittsburgh real estate investors and the local REIA. There should be a fair amount of buyers in those groups and if you post the deal and the numbers are good you should have them reaching out to you to buy.

Post: Wholesaling contracts question.

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

Do you have a buyer lined up that will buy all 4?  It can get a little hairy if you do them all on one contract and then cant find anyone to purchase all 4.  I would do 4 separate contracts that way if you have to find 4 separate buyers you are good to go. 

Post: The worst time to start is never

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

Are you looking at properties that are on market?  The best deals you will find are going to be off market properties that you have identified the pain points of the seller and negotiated a way to help them out of the situation that is causing them the pain of owning that property.

Post: "Wholesale" deal - bought and flipped without fixing

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

I love flipping deals like this!

Post: Anyone investing in upstate South Carolina?

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

I live and invest in the upstate of SC.  Happy to connect and answer any questions.

Post: Starting early in real estate

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

You don't need a degree to invest in real estate.  You could start out wholesaling properties to get money coming in. Or you could bird dog for investors to learn as you go and then move up to wholesaling on your own.  You will meet a lot of other investors this way and also people who have private money to lend that will help with you acquiring your own properties.   You probably live at home with your parents still but I would suggest when you decide the time is right to move out look at house hacking and buy a multifamily property and live in the smallest unit and then rent out the other units.

Post: Cold calling a list for wholesaling

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136
Quote from @La'Terrius Campbell:

@Michael J. Can you explain more in depth to that? Just want to make sure I’m understanding it correctly.


 call each list 8-10 times, every round you dial the number 3x

Post: Purchase And Sales Agreement

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

Send a copy to your title company or closing attorney and ask them if its acceptable to use.

Post: New REI looking to BRRR - keep saving cash or get HML

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

Sell your single family, buy a triplex or quad and house hack it.  Live in the smallest unit, renovate and rent out the other units.

Post: What is the first step?

Michael J.Posted
  • Real Estate Agent
  • Greenville, SC
  • Posts 195
  • Votes 136

Have you already found the house or you are wanting to know how to find the house?