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All Forum Posts by: Mike Watkins

Mike Watkins has started 40 posts and replied 489 times.

Post: Should I take an equity line on a rental?

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143

I have looked up some sites that offer refinancing on investment properties. When I plug in that I have bad credit, it says nothings available.

I redo it with good credit and nothing is still available. 

Is there a way to open an equity line on a rental that’s free and clear, with bad credit? And are any available is improve 

Post: Cool app for driving for dollars

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143

I'd like to know if they sell the data. I couldn't find a user agreement to see whether or not the could sell it. 

Post: Non-Motivated Seller

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143
 @Tiese C.

The seller ins't motivated. Check in with them every month to see when they become motivated. That's what i would do. It's a waste of your time to keep talking to the owner when they're collecting rent for a house.

Post: Interested In Real Estate

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143
Originally posted by @Umoja-Marcus Rice:

Hello, I'm Marcus . And for a while, i've been interested in the world of real estate. I'm 19 and i'm more intrigued by the flipping side of real estate. If anyone would like to offer any pieces of advice/tips/notes/etc is GREATLY APPRECIATED. Also, if anyone knows any books on how to start w little or no money down, please refer me in the comment section below . Thank you & good luck on all future endeavors.

 http://get.biggerpockets.com/flippingbook/

Post: Hey my GEORGIA BP MEMBERS

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143

The 3 day work shop is where they'll try to get 14K, 20K, and 25K. Now I hear it's 20K, 25K, and 30K.

Post: How we benefit from Wholesalers

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143

If you can't trust a man by his title, it doesn't seem like you can trust anyone.

Post: Hey my GEORGIA BP MEMBERS

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143
Originally posted by @Khiana Thomas:

I was just wondering was any one from the group at the Than Merrill workshop here in Atlanta now... just wanted to do a meet and greet!!!

 I went a couple years ago. Not worth the $200 at the rate I'm at. I'm interested to see how they've changed their program. It's also interesting to see they're doing them in the winter too. 

Post: First Property

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143
Wholesale it!

Post: How we benefit from Wholesalers

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143
Why don't you just tell the wholesaler what kinds of properties you want. That way they'll come to you with what you want. That's what I do. You can't sell a rug to a horse. They don't need one, but a saddle.

Post: scripts

Mike WatkinsPosted
  • Wholesaler
  • Powder Springs, GA
  • Posts 515
  • Votes 143

I'm about to mail a dirty postcard, where I call out all the other guys in my area. They mail me about my houses so I figure a little name dropping would be fun.

"We know Pat from home vestors is mailing you but so am I and he mails me the same thing he does you."