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All Forum Posts by: Jerry R.

Jerry R. has started 8 posts and replied 167 times.

Post: Hello from Wiscorida

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Ted, nationwide and William, thank you for the welcome.

Nationwidepi, I look forward to your great advice.

William, being that I invest in land I do not have to travel to Florida. Everything can be done over the phone or online.

I am planning on moving to Florida soon to pursue wholesaling houses. However I am doing a lot of research on REO's at the moment which I think those are most do-able from a distance.

I need to get a good team in place and may have to make a few trips here and there to get all the pieces working.

Post: Hello from Wiscorida

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Hi Joshua, thank you for the warm welcome. This is a great site you have here.

Although I found this site earlier last year and was using it for research, it was really Peter Giardini that let me know just how good of a resource it is.

Post: Hello from Wiscorida

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Ken that sounds great,

Sounds like you are doing a lot of properties. How long have you been doing this?

I am working on building a buyers list in SW Florida. I'd like to have a good size list before I start putting my offers in.

Post: Hello from Wiscorida

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Hi Jon,

Thanks for responding.

I've had my eye on you the last few days. I have been pouring over posts and see you always offer solid advice. Thank you very much.

I've been trying to do 2 deals a week, but I want to get it to 4/week.

It takes 6-8 hours for me to do each deal from buy to sell, but right now I do everything and a lot of time is just working on the photos. I hope to get help in the upcoming months.

Post: Hello from Wiscorida

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Hi everyone,

I am a real estate investor who currently resides in Wisconsin, but do most of my investing in Florida (thus "Wiscorida", haha)

I specialize in wholesale flipping vacant land and am moving towards wholesaling homes.

I started my real estate investing at the beginning of 2009. After several successful deals I have been able to quit my old full-time job and pursue wholesaling full-time. http://www.biggerpockets.com/forums/55-new-member-introductions/topics/new#

Post: Who flips REO Properties

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Wow, this has been a great thread. It took me forever to get through all the posts, but I got a lot out of it.

I now see the potential for buying and reselling REO properties in my area.

I am still wary as there are savvy buyers who can easily find these deals themselves and thus don't need a middleman adding to the cost. That is unless of course I can wrap them up before they hit the MLS and are still a great deal for them.

Post: Beginners Guide To Wholesaling: Killer Exit Strategies pt.1

Jerry R.Posted
  • Wholesaler
  • Fort Myers, Cape Coral, Naples, FL
  • Posts 185
  • Votes 33

Good information Eric, thank you very much!

I would also like to know more about the HUD strategy. This still sounds like an assignment to me. Does anyone need to approve this up-front?