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All Forum Posts by: Remi Oguntoye

Remi Oguntoye has started 22 posts and replied 65 times.

Post: Submitting an Offer (Wholesaling) via Email

Remi OguntoyePosted
  • Investor
  • Ohio, USA
  • Posts 69
  • Votes 20

Hi Stephen,

To answer your question directly, contact the agent, tell them what you're looking to do and ask them what their requirements are to show proof of funds. The specifics of your state, funding source, liquidity, employment, etc., what you'll need to submit will vary. 

I agree with the above comments. I recommend having a conversation with listing agents over the phone, and building a professional relationship with them. Finding rockstar agents and learning from them about the local market will be worth the added effort.

Once you've built the relationship, you'll be able to submit an offer as easily as a text message. Put in the time on the front end to build the foundation for your business. 

Take action. #YouGotThis

Best,

Remi

Post: Go for "No!" Why I am happy I finally got cussed out...

Remi OguntoyePosted
  • Investor
  • Ohio, USA
  • Posts 69
  • Votes 20

Hey folks!

Remi Oguntoye here.

I hope everyone is staying safe and healthy! I will to share a peculiar victory I celebrated this week with you all.

Wednesday evening, it finally happened! I was powering through my list of homeowner prospects. Perhaps I caught this gentleman on a bad day. Perhaps he didn’t like the offer I made him the last time we spoke.

Whatever his reason, he told me exactly how I can take care of myself. After cussing me out, he hung up the phone, and that was that.

The world didn’t end. The police didn’t come to my door. I didn’t get deterred from the mission we are on to provide value to homeowners looking to quickly and conveniently sell properties they own

A few months ago, I was petrified that someone would respond to me in this way. So I was reluctant to make the number of calls I know I needed to.

There was something holding me back— uncertainty as to what to say, fear that an angry homeowner would swear at me— what would I do if they said no

I'll tell you, Creative Avoidance is a real MOMENTUM KILLER! I was scared to take the massive action necessary to achieve the results I am after.

Remember— every “no” gets you closer to a “yes”. Not everyone is meant to or is a good fit to do business with you. Your best bet is to find out who isn’t, get them off tour list. That way, you can consistently and systematically pursue the other prospects who might be.

I now live by the mantra “go for no!” After all, a no is not a bad thing. A “maybe” is a bad thing, because they can cause you to waste your time wondering whether there is an opportunity there.

Best,

Remi

What are you folks going through in your business that is keeping you from achieving your next milestone?

Post: Hello, Upstate New York!

Remi OguntoyePosted
  • Investor
  • Ohio, USA
  • Posts 69
  • Votes 20

Hi Matt,

Pleasure to e-meet you! I hope you're staying healthy and safe!

I am NYC based, but I invest throughout the Hudson Valley. I have a partner in DC and we are cold calling in his market, Baltimore and throughout the Hudson Valley. We are building a wholesaling business. I also am a buy and hold investor, approaching the close of my first multifamily rental in Poughkeepsie, NY.

Happy to hop on the phone and talk real estate any time.

Speak soon,

Remi

Post: Any advice for a newbie?

Remi OguntoyePosted
  • Investor
  • Ohio, USA
  • Posts 69
  • Votes 20

Hi Ben,

I like your start. You've gotten a lot of experience from your house hack, I am sure you gained more experience from your single family purchase. I recommend you continue to educate yourself and take action. Join a local REIA, get a mentor, follow podcasts specific to the niche you're interested in. Devour Real Estate Investment content. Don't get distracted by other things. Put your head down, and get after it.

Mindset is one of the biggest things to overcome. Find great deals, and you can get someone to partner with you and teach you what they know. Pick a goal and deconstruct what you need to work on every day to achieve that goal in your timeframe.

I hope that helps a little.

Best,

Remi

Post: Looking to land my first wholesale deal

Remi OguntoyePosted
  • Investor
  • Ohio, USA
  • Posts 69
  • Votes 20

Hi Teahjsia

Hope you're doing excellent!

I think you would do well to devour all of the wholesaling content you can. It's not an easy way to make money. It's not something that will come quickly. It will take consistent action and focused effort. 

Wholesaling Inc and Wholesaling Houses Elite are two podcasts and Facebook communities where you'll find good education and instruction.

Determine the niche you want to operate within, and become an expert at that channel before moving on to the the next one. DO NOT chase shiny objects. Any channel you pursue can be profitable. There is someone very successful in it, and you should follow their lead. Get mentorship and/or coaching.

The last piece of advice I will give is to take action. You won't get $50,000 your the first homeowner you speak to, but don't let "no" keep you from the goals you have for yourself. 

Best,

Remi

Post: Poughkeepsie Real Estate Investor #Behive Happy Hour

Remi OguntoyePosted
  • Investor
  • Ohio, USA
  • Posts 69
  • Votes 20

Hi Folks,

Sorry for the short notice! I am hosting a happy hour in Poughkeepsie, NY tomorrow at Tavern 23. from 6:30-8:30 PM in the outdoor tent. All are welcome to join! 

The happy hour is for anyone interested in real estate investment in the Hudson Valley. I'd like to connect with other real estate investors, listing agents, property managers, contractors, wholesalers, and lenders in a collaborative manner.

Send me a message and I'll share the FB invite, if you're interested in coming out!

Best,

Remi

Originally posted by @Colin Friend:
Remi, I'm also looking to get in to the market in the Hudson Valley.  I used to live in NJ, moved out to Colorado and did some investing there, but am coming back to the east coast and see the Hudson Valley as a good opportunity right now.  I'm interested in the New Paltz/Kingston area.  I would like to meet up and share connections sometime.

I am always interested in networking. I want to know more about New Paltz and Kingston. My partner and I will likely spend a couple days there in January or February to gain some insights into that market. We are focused currently on a project in Poughkeepsie that we expect to close next month. 

Shoot me a message, and we can meet up when we are in town, or if you every come down to the city.

Originally posted by @Edgar Martinez:

@Remi Oguntoye I will continue to work as an draftsman at an architecture firm. As for real estate which I do on the side currently, I don’t know if I’ll continue just yet.

 @Edgar Martinez, you may be the guy I am looking for. I am in need of some architect referrals family with doing work in the City of Poughkeepsie. We want to convert the attic to a livable 3rd unit, and we want to convert the second floor unit from a 2br to a 3br, which will require renderings to accompany our building permit application. 

Does anyone come to mind? have you been able to build out your architectural network in the area yet? 

Originally posted by @Eric Hrlbock:

As for the architect I never used one. I will put it out to my local connections and see what they think

 Thanks! Looking forward to hearing back. I sent a message as well, with a few other questions.

Originally posted by @Edgar Martinez:

Hello, I’m moving back to the area in February. I might be able to help.

 Edgar,

Let's chop it up. Definitely let me know when you are in the area. It'll be good to have as many contacts there locally as I can. Will you be a realtor when you move back, or are you planning to do something different?