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All Forum Posts by: Coblentz B.

Coblentz B. has started 2 posts and replied 11 times.

Post: Calculating Wholesale deals

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

hi

@Crystal Smith 

thanks for the information..some of the questions I hadn't considered them as yet..guess I still have some research to do.

I am doing foreign investments before local investments, however the information you send will be appreciated.

Coblentz

Post: Calculating Wholesale deals

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

hi @Crystal Smith ,

thanks for the info. some of the questions I haven't answered yet..i guess I have a little more research to do...

I am doing foreign investments first before I move to my area, nevertheless the information you send will be appreciated

Post: Calculating Wholesale deals

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

hi BP peeps, I have been and still am in the process of reading material before I begin to approach sellers with deals on their property...I have been following some forums as well..but I do have a quick question.

I want to start off with wholesale in order to build  cash flow for other strategies, however it is still unclear to me how would I know if I have a good deal...

Can someone explain to me how in researching properties do I determine whether or not I have a good deal for wholesale. For example say I found a property and I obtain information on its square footage say 1152sq ft with an estimated value of $125,856, a sale price of $63,000 and the amount in default as being $63,450. how would I determine if this is a good wholesale deal...please help..

thanks in advance

Post: Market research out of state without the MLS

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

@Deborah Hill 

While I am new to this, have you tried placing ads, bandits signs etc??

Post: Newbie from South Florida

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

Welcome @Brandon Wheeler 

Post: Newbie from Meriden,CT

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

Welcome to BP

Post: Motivated sellers and retail wholesaling

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

I agree with Marcus A. prepare for a lot of NO's before a Yes comes. You have to interview the sellers to determine their level of motivation. The more motivated the seller the better your chances

Post: New Member Near Chattanooga, TN

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

Welcome to BP

Post: Newcomer to BP

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

Thanks for the tips @ Peter Mackercher..I will contact you if I do

Post: Newcomer to BP

Coblentz B.Posted
  • Real Estate Investor
  • Port of Spain, Trinidad and Tobago
  • Posts 11
  • Votes 0

Thanks you for the welcome Trevor. Unfortunately I don't own anything at the moment in port of Spain. As I said I am relatively new to real estate..and I would like to do some foreign investing first before going at it in my area