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All Forum Posts by: Nathan Smith

Nathan Smith has started 3 posts and replied 12 times.

Post: Best Cash-Flow market places

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @Jordan Roberts:

Hello I'm fairly new to this forum, so I apologize if this doesn't belong in this section.

I'm also new to RE investing and am looking to get into a turn-key SFR that cash-flows decently. What are some of the best and most consistent market-places in the country that cash-flow? I need some good advice so I'm looking in the right area and not wasting my time in areas that are too expensive. I'm from San Diego, so everything else in the country SEEMS cheaper, but I know isn't necessarily.

So far, I've noticed Anchorage has some decent properties that immediately cash-flow. I've been told Kansas City is a good market-place. Where else should I be looking? What are your experiences?

Thank you in advance!

Hey Jordan I am also a newer investor here in SD as well. Are you only looking to invest within other markets or are you also looking in SD as a potential? Do you have a team in place in other areas you would look to invest in or just use a management company? 

Post: Where to find San Diego active foreclosure lists

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @Jorell Tuncap:

Have you tried First American Title? I haven't used them yet because I'm still new, but someone I connected to on here who is more experienced mentioned them and all my reviews research led me to them too.

 I have not but I will certainly check them out! Are you a new or local investor around the SD area?

Post: Where to find San Diego active foreclosure lists

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @Ehsan Rishat:

@Nathan Smith Attend your local REIA meetings. These meetings present great networking and learning opportunities. I use ListSource for generating leads. Definitely worth looking into this site. This might help too: https://money.usnews.com/money/articles/2008/02/06/5-ways-to-find-deals-on-foreclosed-homes

Good Luck!

 Ehsan thank you for the advice and the ListSource site. Are you an active investor here in SD as well?

Post: Where to find San Diego active foreclosure lists

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @Angel Perez:

@Nathan Smith I recently used Ryan Lipsey and he was able to help me out. http://ryanlipsey.com/

 Thanks Angel! Are you a local investor here in SD?

Post: I got a deal what now??

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @John Thedford:

Doing double closes to hide unreasonable fees means the seller got screwed. Unlicensed brokers typically screw over sellers and then brag they are performing a "service". Taking advice from other unlicensed brokers is like asking a prostitute how to avoid getting arrested. Consider your sources of information LOL!

 John I am just looking to learn. I want to do things correctly and make sure all parties involved leave happy!! Let me know if there is any advice you could give a newbie. Thanks again!!

Post: Where to find San Diego active foreclosure lists

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3

Anyone have a good idea on where I could find Foreclosure lists or anyone who can connect me with a title agency around the San Diego area. Let me know I would love to connect!

Post: Getting Started In Real Estate Investing

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @Joe B.:

 Hey Joe this resource is awesome thanks for sending it our way!

Post: I got a deal what now??

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @Lydia R.:

@Nathan Smith Congrats on your first deal! Can you be a little more specific about what advice you need? Do you have a signed contract that you’ve taken to a title company? Are you looking for advice on finding a buyer? Is the title clear? Are you asking if you should assign or double close?

 Thanks!! We are more so looking for advice on finding our end buyer and seeing if we should assign or double close the contract! Thanks again!!

Post: I got a deal what now??

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3
Originally posted by @John Thedford:

Close on the deal like you represented you would....0r did you LIE to the seller? Most unlicensed brokers do!

 Did not lie to the seller just seeing what our options would be for when we close the wholesale deal to our end buyer. 

Post: I got a deal what now??

Nathan SmithPosted
  • San Diego, CA
  • Posts 13
  • Votes 3

Hey BP Community,

We got our first wholesale deal and now are scrambling to find out what to do next. Can anyone here give us any advice as far as where we should go after finding our first deal and how to close the sale? We are open to either exit strategy for a wholesale deal. Thanks again!!