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All Forum Posts by: Paul Sorgi

Paul Sorgi has started 10 posts and replied 340 times.

Post: How Much is Enough for a Strong Start?

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Jason Brooks you are on the right path and I completely understand how you feel. Sometimes the more we learn the harder we make it for ourselves. You have been given some great advice and now you need to put the blinders on. Focus on one thing at a time and do it until it is done. If you know what your buyers want you can focus on finding a property.

Here is what I have done. I drive methodically drive my farm area looking for vacant properties (high grass, unplowed driveways, trash that never moves, overgrown plants. ask neighbors, etc.)

When I return home I look up the homes. I search zillow to see if it has recently been listed or is in the foreclosure process. I look it up on the town website and print the property card (and discover the owners name) then I look up the property on the county register of deeds website. You will be surprised how many vacant homes you can find with no mortgage. The next step is finding owners. Neighbors would love to have the home rehabbed so start with them as to where the owners may have gone.

Get it under contract and assign it to one of your buyers!

Wish you the Best!

Post: New Investor - Florida

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome to BP Gerald Green!

Post: Zoning question

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

I am in agreement with J Scott and you may also want to use it to negotiate a lower price or other concessions from the seller.

Post: Newbie in Dallas, Texas

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome to BP

Post: Seeking Mentor in Boston, MA Area

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Welcome to BP and the world of REI. Where to start is a great question but I like to ask Where do you want to go or What do you want to accomplish by investing in RE? What do you want the end result to be?

Post: Advice for wholesaling beginners

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

You can check out the latest BP podcast here

http://www.biggerpockets.com/renewsblog/2013/06/06/podcast-wholesaling-marketing-jerry-puckett/

Great thread on Wholesaling
http://www.biggerpockets.com/forums/93/topics/58383-the-truth-about-wholesaling-

and another awesome podcast on the topic

http://www.biggerpockets.com/renewsblog/2013/04/04/wholesaling-podcast/

Post: minimum cash flow per door per month

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

I just started buying SFR and the home I just bought is cashflowing $520/month. I will go as low as $400 right now.

Post: Triplex owner finance deal analysis help

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

What is your intent? To cahsflow or invest for appreciation? I don't think you should jump into a deal just because someone is willing to do seller financing. The numbers have to work regardless of how you fund the deal.

Post: Step by Step - Buying First Property

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Wow I know how you feel. Same way I felt several years ago.

If you are looking to buy a rental property why is your back yard not an option?

Post: Hi from Boston, MA

Paul SorgiPosted
  • Real Estate Investor
  • Abington, MA
  • Posts 356
  • Votes 114

Ann Bellamy great minds think a like!