All Forum Posts by: Rod Lambe

No I have not done anything with these pre-foreclosure leads. The reason why is because I did not know how to execute. I am finally at a stage where I want to learn how to purse them and turn them into deals. That is my goal to learn what to do with them the steps involved and go after them to close business!

Hi Chris,

I have not been active with Bigger Pockets for some time. It has been so long that I set my notices to receive Pre-Foreclosure Notices to around where I live in Seattle. But I have never real pursued any of the notices because I realized I don't know what to do once I receive them. I have no problem knocking on the homeowners door but I want to talk with someone in BiggerPockets that has experienced working with these type of leads. I do remember having to pay extra once you tap on the address of the Pre-Foreclosure home.

If you want me to send you a snapshot of the notices I receive give me your email address and I am happy to do that.

Thank you,

Rod

Hi BiggerPockets Teammates,

For over a year I keep receiving in my email Pre-Foreclosure Notices from BiggerPockets. I just delete them because I don't want to pay more money for the feature notices. But honestly, I don't know how to tackle or get my arms around how to pursue these Pre-Foreclosure Notices? Are they a waste of time? Can someone in this incredible group of investors help me with understanding how to go about using these notices and paying for these notices to my advantage? I get a Pre-Foreclosure Notice in my email then what do I do?

I appreciate your time educating me, thank you,

Rod Lambe

Hi BP Family,

It has been 3 years of learning and digesting Real Estate Investing, I have learned a lot! Please be patient with this question, I am trying everything possible to acquire my first property! Is there a creative financing way to acquire a Pre-Foreclosure property if I do not have the money right now? Can I ask a private lender? Please let me know if there is a way or strategy that I am not aware of ?

Thank you for your time,

Rod

Jerryll Noorden,

You have definitely captured my attention! You claim "GOOGLE" is the place to go for distressed properties. People that want out of their home below market pricing go to "GOOGLE". My question is how do you find these people on "GOOGLE"? Just type in distress home in "GOOGLE" in my area of consideration? 

Dear BP Family,

I thought wrong? I was hoping as a Pro Member I can pull Comps? Does anybody know if we can pull Comps on BP?

@Greg Powers, I really liked what you said concerning the intro

Hi Bigger Pockets Friends,

I have my very first opportunity to help sell a Real Estate Investors 10 acres of Timber Land in Washington State. My investor friend is just trying to help me out on my first transaction by giving me a shot to represent her and collect a fee for my work. ( I am not an Real Estate Agent) My intentions are to do my best as a consultant I know how! But I need your help please. Could you please point me in the right direction of what a land contract would look like and what a reasonable fee is for a asking price of $950,000 including $400,000 of timber on the 10 acres.

Thank you,

Rod

@Deisy P.,

I am fairly new to Real Estate Investing and just trying to educate myself and network with as many people I possibly can. I completely get and relate to your story of disappointment and impostures. One thing that I did that might help you networking to connect with a mentor is I joined my local Real Estate Investing Association of WA. I am able to meet people that are like minded. Even though you are so much more experienced than myself if I can do anything for you let me know.

I am very determined to get my 2021 off to a good start by being consistent everyday. I will have Rental Properties of my own in 2021!

Kindly yours,

Rod

@Rodger Curbelo

I was in a very similar predicament over the last 3 years. If you have proof of income with credit scores below 620 on all 3 credit reports you will find it very difficult to get a loan in your name. If your girlfriend has good credit over 620 and you have $20,000 between the two of you, but she has no reportable income still no loan.

If I could suggest, now is a great time to get online with all 3 credit reporting agencies and do the work yourself! I recently have done this with all 3 credit reporting agencies. After I disputed 75% of my collections and paid 25% of collections, medical bills I paid in full. After 3 months my score with Equifax jumped 90 points placing me over 670. Also be sure to always make payments on your monthly bills in time.

Lastly, be sure to not use 60% to 69% of your available credit in your credit cards. Credit reporting agencies like when you do not max out your credit cards. Do the homework and within a year you two will be in your brand new home!

Kindly yours,

Rod