All Forum Posts by: Miller McSwain

@Sean McCluskey
Also, Brandon mentioned using the code "OffMarket" for a discount on ProLeads!

@Joseph Grullon
I haven't used either yet, but don't forget about all of the other services that come with ProLeads! You will get access to BPInsights for market/rent data, a SEO site, a CRM, and a mailing service! It sounds like an awesome deal, but it would probably be a good idea to price each of those things out individually and see how much the services would cost on their own.

@Zack McCall

My county is great about giving information, but I know that isn't the case everywhere. 

As an example, I have a friend in Starkville, MS. He said that the county website is always down and that he can't get anyone to give him information. Instead, he started driving for dollars using DealMachine. DealMachine has been pretty successful in returning good information to him. So I'm not sure where DealMachine is getting their data from, but clearly the data for his county is somewhere.

I don't know of any application that is that robust. Maybe some day, but for now you would probably need separate services for most systems (Nest thermostat for remotely controlling HVAC, sperate system for pool, etc.)

You can of course have some systems bundled together if they are the same brand. As ane example, Nest has all sorts of devices that can be linked to one account. 

@Joshua Southard

If you are looking to learn about wholesaling, then you have come to the right place!

For education, I'd recommend:

1. Read the wholesaling forums. You will learn a lot about the major parts of wholesaling by perusing the forums. Additionally, you will learn about specific issues members have, and the solutions that others present. These solutions will likely help you in your business one day.
2. For a more focused and step-by-step education, read some wholesaling books. I highly recommend "The Wholesaling Blueprint" by Luke Weber. It is possible to find all of the information that is presented within the book on the forums; however, it would take a lot of time. For this reason, buying a few books that present organized information is well worth it.

For networking:

1. Hang around the BP forums and actually interact. You've taken a great first step by making you first, but I encourage you to continue posting and replying to other people's posts. You are likely to connect with some very knowledgeable wholesalers this way.
2. As you mentioned, networking events are great. There are tons of investor meetups that you can easily find at https://www.biggerpockets.com/...

For building a buyers list:

1. Visit auctions and ask frequent bidders if they buy from wholesalers
2. Ask investors at meetups if they are interested in being brought wholesale deals
3. If you already have a property under contract, you can check your county appraiser/assessor website for absentee property owners near your contracted property. These owners are investors and could be very interested since they already have an investment in the area

I hope some of these tips help you get started!

I'm currently working full-time while starting my real estate business. I haven't found the perfect balance between working my job, starting the business, and spending time with family. Unfortunately, I can easily find myself cutting into family time. My girlfriend is quick to tell me that I work too much, so I'm still battling with this myself; however, there are a few things that have helped.

I started waking up before my girlfriend. During this time before she wakes up, I sit with a notebook and my computer to plan my day, set times for my job, sett time for various business tasks, and set time for my girlfriend. Of course, random things may happen throughout the day that may disrupt my schedule, but for the most part, it is very helpful. Additionally, I review my schedule before I go to bed and make note of the things I didn't complete so I can schedule them the next morning. Google Calendar is your greatest ally!

Hey @Brennan Taberna !

You will involve the title company after you get the P&S signed. Once it is signed, you will send it to the title company so they can start checking the title. You DO NOT want to wait to involve the title company. As soon as P&S is signed, send it over since it may take them a while to check the title. Also, be sure to inform the title company that you plan on assigning the contract.

After this, work on finding your buyer. Once the buyer is found, get them to sign the assignment contract and send that over to the title company, and then all you have to do is wait until closing day! To ensure things are going smoothly, it is probably a good idea to check in the buyer and seller every once in a while until the closing day to make sure things are going smoothly.  

I hope this helps!

@Miguel Fuentes

Great question! Since wholesaling is a game of large numbers, there will be tons of sellers that you will meet with that, ultimately, aren't as motivated as you were hoping for. For example, you may meet with a seller and find out that they don't need to sell the house immediately. Instead, they are fine with waiting a few months until they receive a high offer. In this case, it is probably best for them to list with an agent instead of sell to you.

When you recognize this, refer them to your real estate agent and have them list their property. Make sure to tell the seller that you sent them! Additionally, I would let the agent know that they have a client coming their way. 

This creates a mutually beneficial relationship between you and your agent. They send you expired listings, answer questions, verify comps, etc, and you bring them clients!

Finding foreclosures before they hit the MLS is a great way to find motivated sellers that haven't been heavily marketed to yet. So I think marketing to those is a great idea!

The most accurate and up-to-date source of information comes from your county. I imagine your courthouse should have a list of pre-foreclosures. I would give them a call to see if they can give you this information. 

Good luck!

Hey Miguel!

Another suggestion, consider checking out foreclosures. BP just released a book on the topic called "Bidding to Buy". I haven't read it yet, but I intend to!

Also, scan craigslist/Zillow for sale by owner properties.

Lastly, you can get a list of expired listings from your real estate agent. These properties may have expired because they were in such distress that home buyers weren't interested. This could be a great opportunity for you to get a great deal!