All Forum Posts by: Ryan Garrison

Join the OlyREI Facebook Group.

THIS IS NOT A ZOOM CALL! 

We are able to have our Happy Hour MeetUp Again!

There will be some restrictions in place to make sure everything is as safe as possible and compliant with county COVID guidelines, but it will be AMAZING to see your smiling faces and connect In Real Life (IRL) again!

Has your Real Estate business continued to move along during the shutdowns?

Or did everything get stuck in a standstill?

What are your HAVES, WANTS, and NEEDS?

Let's connect again and help each other grow!

Here are topics often discussed at our MeetUp:
-Wholesaling
-Flips
-Syndications
-Landlording
-Tenants
-Law Changes
-Problem Deals
-Recent Deals
-Deals Newly Available
-FSBOs
-Foreclosures
-Hard Money Loans
-Real Estate Agents
-Construction/Rehab Costs
-And More...Want a free beer? Show up about 15 minutes early with an off-market deal to talk about with Ryan

Come Hungry and Thirsty to support a local eatery!

Want to learn how to close an extra 2 deals per month? Free Training.

Join our OlyREI Group on Facebook

Most real estate investors have similar problems. 

Too many apps, that don't work well together, and that rely too much on humans to make sure leads are managed properly.

What if you could make sure that leads did not fall through the cracks AUTOMAGICALLY? 

What if you also were able to get rid of several of your monthly subscriptions in the process? Phones, Websites, etc.

Join us on Monday, November 30th at 6pm to see what is possible. 

There will be several freebies offered on this Zoom call. 

If you want to check out REI Blackbook in the meantime, this link will save you $997 off their normal pricing. 

https://www.biggerpockets.com/...

Join us Monday, November 30th, at 6pm PST as Kevin Carroll of REI Blackbook offers ways to SIMPLIFY your Real Estate tech stack - lower your monthly costs, and automate your follow-up to save time and stop letting leads slip through the cracks.

-----------------------------

Have you ever noticed how many different services it takes to get into Real Estate?

Phone - Call Tracking
Branded Website
Landing Pages
Texting
Ringless Voicemail
Email Blast/Auto Responders
Bird Dog Management
Project/Task Management
Comps/Deal Analysis
Property Marketing

Have you also noticed that all of those services require a separate monthly fee? Usually $30-$200 each.

Then you have to connect all the apps/services to make them talk to each other. Zapier, Podio, CallRail, LeadSherpa, Mojo, Sly Broadcast...there are a ton more.

What if there was a better way? We will have several ideas for you that you can start using today, without spending more money.
http://tryreiblackbook.com

@Ben Zimmerman great. Do they do both LLC and individually titled?

I had my investment HELOCs through a local credit union called BECU. They shifted their guidelines and are not doing Rental HELOCs right now. They also lowered their LTV limits on their HELOCS.

Who are you using for HELOCS on rentals in the current COVID environment?  

What LTV will they do?

What rates?

Will they do LLC, Personal name, or either?

Please share. Investors need this resource.

Facebook Group

Investment Info:

Single-family residence buy & hold investment in Lacey.

Purchase price: $46,000
Cash invested: $16,000

I could have bought this place subject to, but I decided to close with a hard money loan. It was kind of silly to pay $3k in fees when they are only lending me about 30k, but I did it anyway to lock up the deal.

I showed the seller sold comps supporting an ARV around 265k. I offered to list the property as an agent, but in the current condition, they would need a cash buyer. It was not financable. The seller wanted nothing to do with listing, showings, or the negotiations.

What made you interested in investing in this type of deal?

I like properties that I have lots of options on. I could flip, I could wholetail it, I could wholesale it, or I can seller finance it, but I am probably going to lease option it.

How did you find this deal and how did you negotiate it?

Her son called my bandit sign, and I asked them "have you thought at all about what you would like to sell it for?"

How did you finance this deal?

Hard money, but they would have let me buy subject to if I wanted. The deal was too good, so I wanted to close conventionally and get the seller out of the picture all the way.

How did you add value to the deal?

I gave the seller everything they wanted, on the time they wanted, and I am letting the new occupant do what they want to the property.

What was the outcome?

I am in the process of placing a lease option buyer in place, or possibly a seller financing buyer.

Lessons learned? Challenges?

I learned I need to put up more bandit signs.

What are some more affordable alternatives? I am looking for a "done for me" solution to get my entities structured properly, and for continued support as I continue to add properties to my portfolio.

New to Real Estate? or Maybe you have been struggling to find your first Wholesale deal?

I would love to help you, and help my business at the same time. 

Real Estate is tough. There is no instant gratification, there is no Easy Button. It takes hard work.

I have invested thousands of dollars into my education, I have done several deals, and I am trying to scale up and do more. I am willing to share my experience and education with a select group of people, and in return for your hard work, I will let you be involved in the acquisition and disposition of deals. 

Does this sound like something you might be interested in? 

Click Here to Inquire

Remote and In-Person Possibilities