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All Forum Posts by: Nick C.

Nick C. has started 9 posts and replied 2156 times.

Post: Wholesaling a Family Member’s Home

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

The fact that it's a family member does not make it illegal. 

I hope you don't like this family member. Even if they don't realize how much money you're costing them now, someone will tell them eventually and I don't think your canned wholesaling response is going to do much to repair the damage. 

Post: Why do Wholesalers Lie

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

To answer your question directly OP, to sell a deal and make money. 

And they keep their jobs because there is no barrier to entry, and they can't fire themselves. 

Post: Are there any emerging areas for long term rental investments with Condos in Florida

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

Be careful of assessments. After the condo collapse, Florida passed new legislation requiring inspections on buildings 30+ years old. A lot of owners are getting hammered with assessments they can't afford. A lot of them are going to have to sell, so be aware it's going to be sales price + assessments for the foreseeable future. 

Post: Are Solar Panels Worth It?

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

We're in sunny Florida, buyers want the loan paid off and there is a $0 increase in home value. 

Post: I have a rental property with foundation problem looking for foundation company

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

Can you post a picture of the cracks? They may be step cracks, just settlement over time since most of our state has been built on sand, and not a sinkhole that needs remediated. 

Post: Can non-registered agent reach out to sellers directly?

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

So you'd be the buyer? You are able to talk to sellers directly, no need for an agent. 

Post: Are Wholesalers Really Your Golden Ticket To Succes??

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

Anyone who places an emphasis on networking with wholesalers as a golden ticket is a wholesaler. If you're counting on wholesalers for success you're screwed. 

Post: What if I have too many deals?

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

Sell them. 

Post: Cold Calling Marketing - List Population

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

From my experience (being on the DNC list and getting dozens of telemarketing calls a week) the main strategy is to ignore it and call everyone anyway. 

Post: Buying a property with bad tenants

Nick C.
Posted
  • Specialist
  • Tampa, FL
  • Posts 2,277
  • Votes 2,948

If they’re month to month you don’t need to evict, just don’t renew their lease.