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All Forum Posts by: Shanel Wiggins

Shanel Wiggins has started 25 posts and replied 165 times.

Post: Newbie in NY

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Kimberly Regnier Yes it can be done. You just have to know the markets. There are a lot of markets in NYC that are mainly good for rentals. Then there are some middle-income class markets that will successfully flip.

Post: Social Media Presence

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@John Yang

Thanks. I am starting out as a new agent and I will be setting up my social media accounts to broadcast my RE business. I wish there was an option to save this content on my BP page to reference back to.

Post: The Cash Flow Game!

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Tanisha Heard

I read the book but h a hard time finding the online version.

Where did you play it at?

Post: Deal Analyzer whats is the best ?

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Kai Kopsch I have been using a populated excel spreadsheet to analyze potential deals. It's not as sophisticated as the BP analyzer. But, I am interested in knowing what others suggest.

Post: What Makes a Good Tenant?

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Amy E.

Interesting that the best tenant has a bad credit score and the worse tenant has a good score. Is the "mediocre" tenant bad because of late rent payments? Maybe the tenant with the poor credit score has bad credit because of factors other than negative accounts or public records, bankruptcy, etc.., such as high debt to income ratio or excessive inquiries.

Post: No offers on my house :( Help

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Sigmund Reboquio

Nice house! As a buyer, I wouldn't like the ramp.

Other similar homes sold for a little less than $900K. I think you need to lower the price.

Post: Has anyone used Seed Capital?

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Jeri Clark

I know of someone who has experience with Seed Capital. I will send you their contact.

Post: Getting ready for the real estate EXAM!!

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Jasmine Williams Try googling "practice real estate exam Michigan". I took my exam (NY) in April and passed. I had a study guide from my school that was not free though. Good Luck to you!

Post: Buying a home at Auction

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@Daniel Smith

I too am interested in knowing the process of buying through auction. I created a topic about "auction.com" in a forum and someone mentioned that you have 3 days from when your bid is accepted until when you have to pay in full. Within that time you must do your due diligence. I am not sure how accurate this is.

Post: Area demand

Shanel WigginsPosted
  • Investor
  • New Jersey
  • Posts 182
  • Votes 38

@LaRenna McGee

What do you mean by "desire real estate"? Are you referring to SFH 3/2, 4/2, etc..?