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All Forum Posts by: Michael Ford

Michael Ford has started 17 posts and replied 30 times.

Post: Contractors in Fayetteville, NC

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Good place to check Angieslist.com!

Post: Wholesale Property Available in Fayetteville, NC near Fort Bragg

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Price REDUCED!

Asking 35k

Post: Fayetteville, NC Flippers and Rehabbers!

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Looking to network with some flippers and Rehabbers in my area! Anybody out there?!

Post: Anyone flipping in Fayetteville, NC or surrounding areas?

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Anybody working on Rehab projects in the area? Got a few properties I'm looking wholesale!

Post: How to move a Wholesale Deal FAST!?

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

I tend to be a little to sympathetic towards the seller and totally lose track of the how important the numbers are... Thanks!

Post: How to move a Wholesale Deal FAST!?

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Okay... so my deal should be structured like this?...

ARV: 58k
Repair Estimate: 11,500
Asking: 29k

That's mean I will have to renegotiate the price with the seller. If I want to make a profit on the deal... right now the contract is signed for 30k, but I know that I can negotiate the selling price down a bit... probably to 25k

Post: How to move a Wholesale Deal FAST!?

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Hi PRO Community!

I posted this same question in the other forum, I've got a home under contract now what?

So this is what I've done so far...

I created a Facebook fanpage, an ad on ebay classifieds, an ad on Craigslist, an ad on backpage, I've posted the deal in the BP marketplace, and the deal is posted in my local REIA classifieds page. I sign the contract on 28 September, started to advertise it on 27 September. Am I just waiting for call? Or is there more I can do to move the deal FAST?

3/1.5, 1169Sqft, .38 acre lot, ARV: 58k, Repair Estimate: 11,500, and Im asking 39k.

Thoughts?

Post: Got my first contact! Now what?!

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Thank you to the folks that gave done positive feedback! I'll definitely look into those options!

@Richard C.

I can appreciate your concern for the seller, but I don't appreciate your negativity... it's a better use of your time to motivate newer investors, versus providing destructive criticism.

Post: Got my first contact! Now what?!

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

Hey BP Community! 

So I've got my first contract signed, I'll be getting with the closing attorney on Monday. My question is now what?

This is what I've done so far... I created a Facebook Fanpage to market the property, posted it on Craigslist, used postlets.com to post property on zillow and 20 other real estate websites... what else should I do? Is that enough? Am I just waiting for a phone call?

Thanks!

Post: Wholesale Property Available in Fayetteville, NC near Fort Bragg

Michael FordPosted
  • Real Estate Investor
  • Fayetteville, NC
  • Posts 30
  • Votes 5

3 bedroom 2 bathroom SFR located in West Area Heights, minutes from Fort Bragg! Great home in need of some TLC!

ARV: 67,000
Repair Estimate: 15,000
Asking 45k OBO.

For photos please follow the link:

https://www.facebook.com/Fayettevillewholesaleproperties

Or contact me directly