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All Forum Posts by: Nick Schulze

Nick Schulze has started 17 posts and replied 42 times.

Post: Direct Marketing on a Budget

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
They are in pre-foreclosure, so your job is to get as much information about a motivated seller, and decide on the best exit strategy for them within the necessary timeline. Whether it be a lease option, or short sale for those with little equity, or even a seller finance deal on a property with a lot of equity. You really never know what's gonna come across your plate with these properties, but as long as you are being fed options, you can establish whether it's a flip, wholesale, or buy and hold. I'm honestly not very experienced so hopefully someone else might chime in with some more advice for the thread on this topic.

Post: Direct Marketing on a Budget

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Someone mentioned Sheriff Real Estate Sales earlier, but never explained a process of lead generating with it. So, Sheriff Real Estate Sales are all public record and a great way to get a free listing of pre foreclosed homes. I was not taught by anyone on how to approach these properties, just to get them off the county website, and print them out. What I've learned is that you want to print out the listing for the properties that are 2-3months away from court date. I used a alpha-numerical code (assigning A thru F to the properties listed on each page; E.g. 1A, 1B, 1C, 1D 2A, 2B, 2C, 15A, 15B, 15C etc...), Google sheets and a highlighter to organize the list by town. Once it was organized, I used the Route-4-Me App to build 4 routes w/ 35+ homes each. The first time doing all of this, it took me roughly 18 hours across four days. Second time around took me 3 hours in a single day. Once you do it the first time, the steps are already paved for you with the next month, so it becomes that much easier to generate. I'm doing it every 30 days to experiment, let me know how it goes if you try this. Good luck and any questions, just ask.

Post: Multi Family investment Lower Bucks

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Jason Million BP will not allow me to message you. If you could, shoot me an email (realestatearoundloyalty@gmailcom) or PM through here if it allows you. Thank you again for reaching out and offering your advice.

Post: Multi Family investment Lower Bucks

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Thank you Jason Million I am going to talk to my lender and figure out what they know, and will touch base as soon as possible.

Post: Multi Family investment Lower Bucks

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
I'm a local investor in the Lower Bucks area and I am in a bit of a pickle. I have a chance to get this property, but in As-Is condition, with no sellers disclosure. There are roughly $10,000 in immediate repairs, for this 2 Unit multi family in Bristol Borough. I have the conventional financing set up, but I don't hold enough in cash reserves to get the repairs done. I have more numbers on the house, but this is a brief overview of my situation. I'm looking for creative ways to approach this, and hopefully close ASAP. There was a recent offer on the property so any advice/partnership would be great.

Post: Great start to my Re career by using Whole sale stategies

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Thomas Wassmann I am also a wholesaler , and would love to here how you organize your Criteria(s) and how you structure your budgeting. I wanted to PM you but it won't allow me. If you have the time, I would love to pick each other's brains on Wholesaling and locating motivated sellers. Best of Luck!

Post: New Member From Bucks Co, Pa

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Welcome Karen! I'm a local wholesaler who would love to add you to my buyers list. I am targeting pre foreclosures and divorced owners in lower bucks and majority of the finds are fix n flips. I would love to be able to feed you these deals that fit your criteria, and I have a few contractors in my network that are extremely creditable as well. I would be more than happy to recommend them to yourself. Our goal this year is to turnover 20 homes in the Lower Bucks area, and we can most certainly help one another achieve our goals. PM me and we can exchange numbers! Happy Labor Day! - Nick Schulze Real Estate Around Loyalty, LLC.

Post: Bucks County Agents

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
I'm in Lower Bucks County, Pa and looking for an investor friendly Agent/Broker who has experience with multifamily housing in the Bristol, Morrisville, Bensalem, Langhorne, yardley areas, and not limited to just them. I am staying away from Philadelphia, because I will be occupying a unit and need to remain close to work. Please contact me and I hope we can build a long term relationship that benefits both parties!

Post: Evaluating ROI on a Multi Family

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Brie Schmidt what should I be looking for when receiving those docs?

Post: Evaluating ROI on a Multi Family

Nick SchulzePosted
  • Specialist
  • Philadelphia, PA
  • Posts 48
  • Votes 6
Is it customary to ask the representing agent for comparable properties?