All Forum Posts by: Rome Raymond

Hello all ,

I am a celebrity trainer of sorts and have clients come from all over the USA to train with me.

I decided I wanted to add a lake house property to handle recovery days and just add a personal touch to my business.

Well I found the perfect lake house property for my project and it is currently vacant!

I would like to move into the property before the new year what would be my best exit strategy?

I was told seller finance and if so can someone walk me through how to not mess this up

God Bless

@Ryan Lee Thank You for your advice.

I have used resources such as a VA cold calling 6 hours a day using Mojo off with leads fromProp stream. I have about 25 follow up calls to make with clients that went through a lead sheet with my VA passed and I all think will sell.

Only problem is I haven't done one deal and I'm not very confident on what structure to use.So its just free money piling up and im afraid to make that 1st call back to get it under contract.

I would love to Wholesale a few deals but I want to also know when to implement structures such as

1.Subject 2

2Owner Finance

3lease option

So truthfully I'm nervous because i have all these hot deals in front of me and having a hard time analyzing and getting this next step done. I reach out to a few agents to get me better comps on these 20 properties so i have better ARV # but i dont no how to add on repair cost if i havent seen the property . Ive heard of 10-20$ per sq foot but idk. Help me with a follow up call gameplan please

PLEASE ANY HELP WILL BE APPRECIATED

GOD BLESS

Hey guys think i spammed to many post on my 2nd post attempt got banned lol.

I have used resources such as a VA cold calling 6 hours a day using Mojo off with leads fromProp stream. I have about 25 follow up calls to make with clients that went through a lead sheet with my VA passed and I all think will sell.

Only problem is I haven't done one deal and I'm not very confident on what structure to use.So its just free money piling up and im afraid to make that 1st call back to get it under contract. 

I would love to Wholesale a few deals but I want to also know when to implement structures such as 

1.Subject 2

2Owner Finance

3lease option 

So truthfully I'm nervous because i have all these hot deals in front of me and having a hard time analyzing and getting this next step done. I reach out to a few agents to get me better comps on these 20 properties so i have better ARV # but i dont no how to add on repair cost if i havent seen the property . Ive heard of 10-20$ per sq foot but idk. Help me with a follow up call gameplan please

PLEASE ANY HELP WILL BE APPRECIATED 

GOD BLESS

Hey Rome Raymond back again thank everyone who commented on my first post ever it was appreciated .Have been to multiple REI meetings through out the summer since then I have acquired Prop Stream, Carrot, Big Pockets Pro, mojo, podio w/ a VA. Learning more every day but now ready to a GET A DEAL

CLOSING TIME!

I have 14 Follow up calls to make on very hot leads who have been filtered through my VA. I practice using the calculators not as much as I should so I'm stilly iffy on the numbers. I truly don't want to screw these opportunities up because i was ignorant or lacked knowledge.

Multiple homes on this list are not distressed/ off market properties and rent ready. So im not shore a traditional wholesale deal would work and I'm not sure what creative structure (seller finance, subject 2, lease option).Can i sub lease a home then Air BnB it out? Im not sure how that works either. 

Then I freeze up because i just don't know what method to apply and why and DONT MAKE THE CALL. I decided not to outsource this acquisitions part of my business because I wanted to learn all i could about it. Now i need help reaching, out to the Bigger Pockets family for a helping hand. Any advice will be greatly appreciated at this point I just need knowledge and understanding

GOD BLESS

Hey Rome Raymond back again thank everyone who commented on my first post ever it was appreciated .Have been to multiple REI meetings through out the summer since then I have acquired Prop Stream, Carrot, Big Pockets Pro, mojo, podio w/ a VA. Learning more every day but now ready to a GET A DEAL

CLOSING TIME!

I have 14 Follow up calls to make on very hot leads who have been filtered through my VA. I practice using the calculators not as much as I should so I'm stilly iffy on the numbers. I truly don't want to screw these opportunities up because i was ignorant or lacked knowledge.

Multiple homes on this list are not distressed/ off market properties and rent ready. So im not shore a traditional wholesale deal would work and I'm not sure what creative structure (seller finance, subject 2, lease option).Can i sub lease a home then Air BnB it out? Im not sure how that works either. 

Then I freeze up because i just don't know what method to apply and why and DONT MAKE THE CALL. I decided not to outsource this acquisitions part of my business because I wanted to learn all i could about it. Now i need help reaching, out to the Bigger Pockets family for a helping hand. Any advice will be greatly appreciated at this point I just need knowledge and understanding

GOD BLESS

Hey Rome Raymond back again thank everyone who commented on my first post ever it was appreciated .Have been to multiple REI meetings through out the summer since then I have acquired Prop Stream, Carrot, Big Pockets Pro, mojo, podio w/ a VA. Learning more every day but now ready to a GET A DEAL

CLOSING TIME!

I have 14 Follow up calls to make on very hot leads who have been filtered through my VA. I practice using the calculators not as much as I should so I'm stilly iffy on the numbers. I truly don't want to screw these opportunities up because i was ignorant or lacked knowledge.

Multiple homes on this list are not distressed/ off market properties and rent ready. So im not shore a traditional wholesale deal would work and I'm not sure what creative structure (seller finance, subject 2, lease option).Can i sub lease a home then Air BnB it out? Im not sure how that works either. 

Then I freeze up because i just don't know what method to apply and why and DONT MAKE THE CALL. I decided not to outsource this acquisitions part of my business because I wanted to learn all i could about it. Now i need help reaching, out to the Bigger Pockets family for a helping hand. Any advice will be greatly appreciated at this point I just need knowledge and understanding

GOD BLESS

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*This link comes directly from our calculators, based on information input by the member who posted.

Hey Matthew, I went to the suggestedAtlanta REI Meetup at the Ivy in Buckhead, this past Wednesday . It was everything you said plus more. I was able to exchange info with a closing attorney. THANK YOU for referring me to the event i will be a regular attendee going forward. Look forward to connecting with you 

Thank you for my first response ever Matthew 

I have been to one meet up and would love to make Atlanta REI Meetup at the Ivy my second.

I will be attending the event. would love to connect with you while there 

God Bless