All Forum Posts by: Paulie Moore

Due to the fact that I don't have too much money, I wanted to ask of the idea of well.... getting a RE license if it can help me in terms of shorter-term real estate investment strategies (mainly Wholesaling) I am in Washington State by the way. Can a real estate license help me out with Wholesaling and how can it help? I don't know if WA would require I do, but better I know before I jump out and get into a miserable penalty game.

Before I can do an investment deal, I need some more education. Any good books on wholesaling? I keep seeing books on amazon but I do want to hear the graceful opinions of the people here and not from rigged reviewers.

(I assume this is wrong place to put post up, if so, please move it immediately)

I'm talking about the 90 day rule regarding the rehabber's purchase.

https://www.federalregister.gov/articles/2012/11/2...

Above is the link where I found it the thing I was talking about.

I came across this...

Does this have any impact on us? And can someone explain the rule in basic english please?

So by following up you mean like calling them a few days or weeks later to see if they would change their mind? I have been trying to figure out how to determine Rehab costs and I think I have a strong grasp on such.

One big question arose and it speaks of two forms of wholesaling. What is virtual wholesaling and reverse wholesaling? I have heard of them but what makes them different than the traditional way? 

Hello everyone, I am new to wholesaling. Since college is all around myself and there is little money for me to use since much is going to paying tuition. So after a post on the introduction thread I was suggested "Wholesaling" by someone as I have little of my own funds to spare. So I have been studying the subject as to avoid any dangerous pitfalls. I have a few questions...

1. Can I negotiate prices with real estate agents from a company like Coldwell Banker and how different are they from negotiating with regular homeowners?

2. If motivated sellers cannot be found, then would be possible to motivate a desperate seller?

3. What kind of techniques would I need to get a seller to sell me a property at 50%-65% market value?

There are plenty of properties around my own neighborhood for sale, but thing is that business like Coldwell Banker and others of the sort own many of them available while I have only found 2 for sale by owner. Is it possible for me to do wholesaling (which will be a focus for a time) through buying houses or properties from real estate agents/companies as I understand with an owner it'd be easier???

Unfortunately funding is limited because a lot of it is used to pay off student loans as to avoid hefty fees and getting sued by the college. I was told that there are ways to engage in the real estate market without money or credit, but to me it seems a bit unusual. I have heard about lease-options but I can't truly grasp the concept, hahaha. Oh well, I do have a lot of videos and books on my kindle and laptop and have been reading those. 

Is there a way for myself to engage the market with little to no money or credit?

My name is Paul Moore (Call me Paulie please) and I live in Olympia, Washington state. I am interested in real estate investing and developing as it is what I wish to go for. I currently am unemployed, my age is 18 and in college completing classes that will further my chances into becoming a successful individual in the real estate market. My main goal is to survive through economic downfalls and also have the opportunity to see and visit the ones I love and hold dearly. One other personal thing is I wanted to show the world that even people with disabilities are capable of financial stability. I found Bigger Pockets by searching through the web, and as it seemed....Well everyone here had similar interests in it so I decided to join forth.

My main niche hasn't really been decided. I don't have the most amount of free time in this world and the same goes for every person. Since I am in college, I would have to focus on short-term goals for the time being. I will say that even though education goes before this, I do have a ton of time which is unusual. I have Monday, Saturday, and Sunday off each week since college is non-traditional. Plus my own time-management skills are unparalleled and therefore have time needed to do stuff. I want to do passive income, but college hinders it. Real Estate can help pay my student loans as well as assist me in seeing my beloved family who are actually on the other side of the United States.

The big questions I have now is...

"Where do I begin now? Since at this time I would have to focus on short-term goals, what options would be present to fulfill such?"

"I expressed interest in commercial real estate, but heard that it is even harder and riskier than residential real estate. Is such very true?"

"I actually did try looking around houses close to me, but the thing is I found lots of houses for sale from real estate companies and at least two that were "For Sale" by the owners. Is it possible to make a nice deal from real estate agents/companies?"