All Forum Posts by: Rafael Castro

Hello Everyone! I am a senior in High School about to graduate and am very tempted to drop the idea of going to College and dedicate the next four years of my life to working full time and saving all of my money to put into buying rental properties. However, I am one of the lucky kids who’s parents are willing to pay from college (I did get scholarship as well) so I could essentially get a degree for little money out of my pocket, but is it worth wasting the four years for a degree that I don’t think I’ll use? One of my biggest benefits I have going for me is my age and how young I would be getting started with Real Estate if I didn’t go to College. What is everyone’s advice on this idea? 

Hello all, 

I would love to talk to someone and get your feedback on the process of becoming a real estate agent. I have gotten so many different websites and not sure  what's the difference?! Is there one better than another?  How do I find a real estate company to work for, etc. 

I am analytical and need a project plan in the process of planning it out. 

My why to become a real estate agent: To help Latin families achieve the American Dream of homeownership. As a Latina, I grew up with the misconception of owning a home being hard/impossible goal to reach and I want to break that myth with other families using all the resources available. 

I'm open for coffee or dinner and would love to learn from from any feedback/suggestions provided! 

Que tengan un lindo dia! 

Any suggestions on where I can find a standard, straight forward wholesale contract? I've come across many examples, but they differ, and I'm not sure what is acceptable / legal. If it makes a difference, I'm located in Michigan. Thanks!

Investment Info:

Single-family residence fix & flip investment.

More details to come.

I found an abandoned property but the own is in jail and I don't know which jail or how to locate him. I was planning on going to sheriff's office to see they seized it and buy it from them. It also has a large amount of back taxes but I can't find out if it will be foreclosed on in the next tax sale. What should I do first.

We own two homes in Denver in an urban neighborhood, close to downtown. The neighborhood is up and coming and many of the homes (built in the early 20th century) are being scraped to build 3 story duplexes, townhomes etc. due to the zoning. Right now, our properties are SFR's but we would definitely make more $ if we were able to scrape and build and either rent or sell the units. However we don't know how we could possibly fund this AND have no idea where to start. At this point, we just want to put them on the market so we could pay down some of our other properties or do a 1031 exchange. I just thought I would put this here in case there is a strategy to developing that we don't know about. We are completely tapped out as far as cash goes to be able to put down a ton of $ upfront to be able to do this. Here is the zoning of the properties: "U-RH-3A is a multi unit district that allows up to a two and a half story rowhouse building form.
Apartments are allowed up to three stories, on certain corner lots. It also allows the urban
house, detached accessory dwelling unit, duplex, and tandem house building forms."

Hello, I’ve been tasked with selling my late grandfather-in-law’s house. It is 15 hours away from us, and it is in need of some serious repairs. The estate was structured to have multiple executors, and beneficiaries spanning three generations. So rather than coordinate an out of state renovation with multiple strong willed people, the decision has been made to sell as is. That decision is not what I’m here to get advice on, that’s out of my hands.

I would like to get opinions and advice on the steps to take to get a fair value. I’m aware the price will be heavily discounted to factor in the renovation. I’m guessing this will mean my only demand will come from investors willing to take on a big rehab.

How would you go about this? What steps would you take? How do you properly vet an out of state real estate agent?

Thanks in advance for any advice!

Is anyone aware of wholesaler-friendly title companies in the NY and WI markets? 

Please let me know!

Afternoon all,

I've been trying to learn how to wholesale real estate. What are some tips/advice you would give to a new person trying to get into the game? 

I feel like a chicken running around with his head cut off but I know i'll learn it eventually.