All Forum Posts by: Nadine Lajoie

let's talk if you want so guidance!  :-)

Hello and welcome to BP,

here you can get a lot of help, you can also get different FREE Video trainings all over internet.

NUMBERS  NUMBERS  NUMBERS!!!

there are so many ways to analyze deals on internet and I found a way to analyze 8 deals in 2 min with ROI, Cap rate, DSCR, F&F strategy and B&H Strategy, with graphics so you can prepare your investor package.... pretty awesome!

You need to put at least 8-10 hours a week in real estate if you want to be successful and move fast... if not, you don't get enough momentum to overcome the hurdles!!! I analyze probably still 100 deals a month!

My 2 cents! :-)

Feel free to contact me for help!

hi and Welcome,

I came from Canada in 2007 and the hurdles as an international investors are tremendous.... first you need to get an immigration Visa, get your social number and even that, at the beginning I could not even put electricity, water, insurance and gas on my houses, even if I was willing to give them $1000 deposit...  system is done for W-2 people and Americans (or illegals with fake paper.... I'm sorry for saying that!).  Took me 6 weeks to open a bank account!!! not even funny! 

I was semi-retired from my business at 36 years old, had money, business savvy and now 8 years in USA, built my credit score to 817 and STILL NOT ABLE to get a traditional loan, pretty unbelievable...   At the beginning, even the HARD money lender didn't want to lend money at 18% + 3 points, even if I wanted to pay 40-50% Cash!!!

I still made it here in USA, but OMG!   how many nigtmares and hurdles???  When I see people who never took action, after 2 years not having a deal under their belt, having excuses instead of results, I don't understand... I did my first 14 deals Out-Of-States, within 18 months and started in 2008, UNSEEN, with 4 different teams, in 3 States, that was the only way I could do it!!!  So YES, there is a way, but barely nobody is aware of all that... unless you went through that, nobody can believe what does it take to succeed in USA!

So let me know if I can help you smooth the process!  I have attorneys, accountants, immigrations and real estate network to help now! :-)

Good luck and R.A.C.I.N.G. to Success at 180 mph!

hi,

welcome here and there is always deals everywhere and anywhere, with different strategies...  some market harder to find than others.  I also invest in California and decided to go with small condos in Long Beach because they can cash-flow.

I started here is USA in 2008, directly investing in 14 deals Out-Of-States, after I took my Real Estate Class for Investors... and have teams in IL, IN and GA if you need any help... Deals out of States have more potential usually, can double your money, but also needs different "Nerves".

Feel free to call if you need something!

Yes it is harder and harder.  Keep pushing, marketinf, searching, being creatI've with lease-option, sub2, etc...  or look at another city or other State????

In South Carolina, I'm surprised??? Long time i didn't analize this market though.... In California, I can relate...when you find one that cash-flow as a buy and hold you are happy. I found one in 3 months!!! Looking for my next one already as soon as this one is sold to B&H buyer or end buyer. Hope it will not take another 3 

@Philip Klink, do I understand you said 40-50 times the gross rents.. this is ridiculous...  people are out of their mind???? 10-12x, maybe up to 16x in hot market like California, but never more than that...

Number numbers numbers! Need to make sense and give some ROI, even if not so much, with the depreciation, amortization, appreciation and cash-flow, you know that a break even ROI can get you 45.73% ROI... so be sure you analyze every aspects of a deal.

Please let me know if need some help. 

Wow!!! Pretty impressive and congrats... this is a project and a half!!!

So do you want to build your next deal or just Buy and Hold or Fix and Hold? Which area? What ROI? In California or Out-Of-States?

Would like to help. Let me know.

Thanks @Mindy!

Yes it is.  Took me over 2 months to find my condo now as a gix and flipper, still good for B & H...  just got a second one yesterday I lost because my partner didn't come though with the money.  Hope I will not have to wait 2 months for the next one!!!  

Good luck, especially in California!

Some services are $149 flat fee, or 1% to put on MLS and some a d event going down to 3%, which is 1% for themselves and 2% for buyers comission...

In most cases, I prefer do it myself for few weeks because i like the co tact with client and i have many creative solutions, lendersetc.... and maybe list it later...

unfortunately too many realtors dont have any investment aide numbera, or experience, so they dont understand my thinking... usually they are not thinking outside the box on how to structure a deal creatively, put  restive stuff in descriptions, adjust terms quickly over the phone with potential buyer, etc...

But of course, everyone has to make money.  I would not go below 2% for buyers agent, and higher when you can.

Good luck and let me k ow how we can help!

Hello, I upgraded my account to pro and pay the $97, but cannot still update my signature.

I tried to post my 1st deal, thought it worked bu now cannot find it anymore to update it.

Also on my Samsung, most of the time, I cannot post on forums or send a message, after I type everything, looks like I cannot send it.

I'm pretty good at computers usually but still have problems to figure everything out at BP.

Thanks