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All Forum Posts by: Wayne Woodson

Wayne Woodson has started 37 posts and replied 455 times.

Post: Craigslist ads keep getting pulled

Wayne WoodsonPosted
  • Investor
  • Nashville, TN
  • Posts 482
  • Votes 228

If I had to guess it's probably your competition going around flagging your ads. Just keep posting and eventually they will get tired or focus on increasing their advertising instead of wasting time taking yours down.

Originally posted by @Pete Nater:
Anyone ever use Peter Conti & Jerry Nortons' "Quick Flip Money Machine", where they pay $10,000 for Wholesale deals you find? Does anyone know if it's legit?

They ask for a $1,000 "refundable deposit". Run, RUNNN!!!!

Post: Purchasing Contract

Wayne WoodsonPosted
  • Investor
  • Nashville, TN
  • Posts 482
  • Votes 228

@Milton Patterson Welcome to Nashville and BP. To answer your question you would use neither the Tennessee or Illinois contract. The reason being is because the state contract is weighed more towards the Seller. You want a contract that is weighed more twords you the Buyer. The one you would more than likely use is called a Purchase and Sales Agreement.

You would put the 5 or 6k on the Hud when you get ready to close. That is if you are ok with the Buyer and Seller knowing how much you will make.

Post: Where are the wholesalers?

Wayne WoodsonPosted
  • Investor
  • Nashville, TN
  • Posts 482
  • Votes 228

I am sure if you go to your local REI group, Google or Craigslist you will find plenty of them. They are as infinite as the stars. I think the REAL question here is how does one find GOOD wholesalers. The answer to that is just to ask around. If you ask enough people you will start to hear the same names over and over again. Those guys are the good guys.

Hope this helps, Wayne

Post: A funny thing happened today dealing with a wholesaler

Wayne WoodsonPosted
  • Investor
  • Nashville, TN
  • Posts 482
  • Votes 228

I definitely ask for a steep discount but it seems like the wholesaler maybe was trying to do a virtual wholesale since he didn't even even know the alarm code on his own his that he was wholesaling. Then again maybe it was overlooked by the assistant.

Post: FAIL - Mobile Home Park University Home Study Course

Wayne WoodsonPosted
  • Investor
  • Nashville, TN
  • Posts 482
  • Votes 228

Here is what you will learn at Mobilehomeuniversity.com.

Day 1 - Fork over a couple hundred dollars

Day 2 - Learn to never do it again.

Sounds like a great education.

@Brandon C. there are many different loan options that do not require a large down payment. Some may even cover 100% of the purchase price. I am a buyer's agent so I deal with this all day. PM me and I will you some more details as to what you should do.

It's ok, no prob. ODesk is a site that allows people from all over the world to bid on jobs that you post. You can even search for people who have experience and ask them to apply for your jobs. A VA is a Virtual Assistant. A Virtual Assistant is someone who does Assitant type work like sending e-mails, making phone calls, scheduling appointments, etc and is virtual meaning they do not come into your office or home. You can hire VA's on Odesk to do all the "busy work" for you so you can focus on more important stuff. I highly recommend reading "The 4-hr Workweek - By Tim Ferris"

It doesn't matter if you are doing lease options, sub 2, shortsales, wholesaling or whatever. The important point here is why waste your money on some "automated software" or "system" when you can just build your business to be automated. As I mentioned before have your VA pulling in listings and emailing sales contracts according to criteria you set up. Spend your time closing the deals and cashing checks.

I have heard about it I think. I honestly get tons of e-mails daily from Guru's and have them auto forwarded to my trash can. Anywho if you want to have a "Automated Deal Maker" you can hire a virtual assistant from oDesk.com for $3 and hr and have them work 2 hours a day on a 5 day week. 3 x 2 = 6, 6 x 5 = $30 a week. If you don't have $30 a week then get a part time job or something. Have your VA pulling in listings and emailing sales contracts according to criteria you can set up. Who knows, you may actually grow your business. I would rather do it that way instead of relying on some "automated software".