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All Forum Posts by: Ronnie Gilmer

Ronnie Gilmer has started 7 posts and replied 20 times.

Post: I've found potential deals, newbie wholesale question about whats next.

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

Now that I have found two potential properties in my area and have researched the owners what is the best way to proceed. Do I mail or call them? I've also read in my studies that I should create a Facebook page for my business...is it really useful if there is nothing to put on it since I am new? Should I come up with a business name and get an LLC first? All feedback is appreciated

Thanks. 

Post: Newbie wholesaler to investor/rehabber question

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

@Bob E. Thanks for the advice. I'm actually not a rehabber yet. I'm getting into wholesaling to build my capitol. I was questioning to see if they would be good to peruse if they can be rehabbed based on the age. I'm going to contact that and see if i can view them and put together something to send to my investors list. Thank you for your advice. 

Post: Newbie wholesaler to investor/rehabber question

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

@Bob E. two properties within a block sold for the 300,000s. A friend of mine lives in the neighborhood the average rental fees are 2200 to 2600. . This neighborhood is very low crime. 

Post: Super newbie..where to begin?

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

Thanks the podcast helped a lot. 

Post: Newbie wholesaler to investor/rehabber question

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

I've contacted my states tax assessor's office office and got the owners information. But I don't know if they are worth pursuing because of the conditions. 

Post: Newbie wholesaler to investor/rehabber question

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

I'm a newbie to wholesaling and i am scouting to potential run down properties that have been vacant for years. However I don't know if the two properties are worth pursuing because of the age and damage to the house. Below are pics of both houses 

House 1's structure was built in the 1860's. The main problem is you cannot see it due to the growth around it. Note: this is a historic town where the comps are selling for the high 300's

House 2

This is an older pic i pulled from the net, after doing a drive by the house is almost covered. 

Can someone advise on whether if these could be saved.

Post: Super newbie..where to begin?

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

@Antoine Stanley if its not under contract couldn't the investors take the deal from under me?

Post: First Wholesale Deal Closed!

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

@Andre Elston yes. 

Post: First Wholesale Deal Closed!

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

I'm a newbie and I have a question about the process. Did you have to make a deposit with the motivated seller? @Anthony Bostic  @Andre Elston 

Post: Super newbie..where to begin?

Ronnie GilmerPosted
  • Investor
  • Fort Washington, MD
  • Posts 20
  • Votes 5

Hello I would like to get the ball rolling on my career in real estate investing. However I don't know where to begin. Fix and flip? Wholesaling? Land lording? I’ve recently looked into condos in my area (MD). I had my eye on foreclosed condos for example there are a few listed between $21,000 and $48,000. Would this be a good start VS. Fix & Flip considering I don't have the cash or access to hard money?