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All Forum Posts by: Nathan Barshinger

Nathan Barshinger has started 23 posts and replied 137 times.

Post: How wholesaling with little money works

Nathan BarshingerPosted
  • Realtor
  • York, PA
  • Posts 140
  • Votes 28

@Lydia T. Gotcha, I'll look into it. Thank you!

Post: Flipster Software Good or Bad?

Nathan BarshingerPosted
  • Realtor
  • York, PA
  • Posts 140
  • Votes 28

@Mustafa Caldiran No I didnt purchase it yet, I was looking to see if anyone did and what they thought about it. If/when I do I'll update you on this post!

Post: How wholesaling with little money works

Nathan BarshingerPosted
  • Realtor
  • York, PA
  • Posts 140
  • Votes 28

@Lydia T. That was a great response, thank you. I have heard of ListSource for looking for motivated sellers, is it a good site in your opinion? Also I've heard of Flipster, a software developed by Jerry Norton. It sounds like a really good site, do you know anything about it and would it be worth $1,200 a year in your opinion?

Post: How wholesaling with little money works

Nathan BarshingerPosted
  • Realtor
  • York, PA
  • Posts 140
  • Votes 28

Hi everyone, I've been researching wholesaling lately and I want to give it a go within a month or two if it's true that you can wholesale with little to no money out of your own pocket. From what I understand, you leave an option window in the contract between you and the seller to find a buyer and if you find a buyer, you sell them the contract? Also if I wouldn't be able to find a buyer in that given amount of time, would I be able to back out of the deal with no penalty?

All answers are greatly appreciated in advance!!!

Post: Flipster Software Good or Bad?

Nathan BarshingerPosted
  • Realtor
  • York, PA
  • Posts 140
  • Votes 28

Hi everyone, I've been researching a lot about REI and wholesaling caught my eye because I can use the capital I earn from that to buy rental properties. I came across the Youtuber Jerry Norton and was informed about his new software called Flipster. Can anyone confirm that this is a good or bad software and if you have had any success with it? All answers are greatly appreciated in advance!!

@Joe Villeneuve so the actual cost is what you pay out of pocket and the total cost factors in the principle and interest and the utilities that are in the tenants name?

Originally posted by @David Tillack:

@Nathan Barshinger in your analysis of an investment worthy property I would include property management costs (along with other expenses). That way, when you choose a property, between now and when you move, it is an even better deal because you’re saving out on that cost if you can manage them yourself... until you move. Then, when you move, rest assured, you planned for that expense and the numbers still work for you.

Typically, unless you have many units, 10% of total rent is standard from what i’ve seen and experienced myself. Some places will require a deposit and a one time fee etc...

Awesome, thanks for your response! I will do that for sure...now just to find a property manager, and a property haha

Originally posted by @Joe Villeneuve:
Originally posted by @Nathan Barshinger:

@Joe Villeneuve what do you mean by you dont need credit to invest?

 Just what that says.  "You don't need credit to invest".

Not every deal involves a loan. Seller financed deals don't have to involve credit.  Using Lease Options doesn't involve credit.  Deals can include credit partners, and use their credit.  There are at least 10 more strategies I've used/developed that don't involve me having to have credit (and no I'm not going to start listing them here).

 Ok, I just never heard of buying a property without credit unless you buy it outright.

@Joe Villeneuve what do you mean by you dont need credit to invest?

@David Tillack yeah that makes sense, I'm mostly worried about how much it would cost me for outsourcing property. Do you know what the average cost might be?