All Forum Posts by: Sabrina Kane

I have a deal property under contract with the sister, however she has 4 other siblings of which 1 is incapacitated in a state mental facility he does not have contact with the family. Is there a way or procedure to be able to buy the property without requiring the incapacitated person's signature or waiving the incapacitated person interest in the property. 

The property belonged to the deceased mom. No will. 

So the kids get the house traditionally.

Thanks

KUDOS TO THE BATHROOM. .. LOVE IT ♡♡

Great Question! 

And to be honest any investor will tell you that a realtor that's not investor friendly can really mess up good creative deal .

I think a realtor should know a bit of investing knowledge, and know the creative ways to make everyone happy in the deal. 

The biggest TRUMP CARD are these words to the seller: 

"Hi Mr.Seller I know your priority is selling this house, and thats my priority as well. Being that Im an agent as well have experience with non traditional ways of selling. This gives you a huge advantage of selling your home faster. Traditional realtors only focus on listing your property on MLS, but I focus on MLS as well sending your deal out to all my database of investors who buy. These buyer are 90% cash buyers, so the deal gets closed much faster than conventional loan process. Plus the closing cost can be negotiated to where the buyer pays closing or even credit the closing. So you might not have to pay closing cost or very little when you have a cash buyer.

So Mr.Seller these are some things you want to think about when choosing the right agent to sell your property. "

Thats all folks

Sabrina Taylor 

 Inbox me it gets kinda detailed. I'll tell you how I do it in my city.  If anyone else interested just inbox me. Didn't want to fill up the forum going off topic in this thread.

@Dominic Jones I sent you an DM (direct message) 

 Absolutely can you inbox me. So I connect further with you. :) 

Mass mailing requires less effort. The conversion rates are very lower. Compared to calling.

And to be honest I'm a phone person when it comes to leads. The conversions are sky high and the competition is super low. More effort required.

I do not mail out unless I know for certain that the person who has pen power lives there. And the deal is a must have deal for me.

Good question! !! 

Most humans like to take the path of least resistance, easy road.

Hardest Part of Wholesaling 

For me it's not finding deals, it's not selling the deals, 

My Hardest part was self-discipline. Mindset, to know that every deal may not close. You're going to have some bust outs. 

I trained my mind to keep going by telling myself "Sabrina that next phone call could be a 10k or 100k phone call"

2nd Hardest part was mastering the ability to identify what exit strategy this particular deal should utilize. Transforming myself from a one trick pony into a ninja. :)

3rd hardest was really understanding that I make my money soon as I start negotiating with the seller. NOT WHEN I WHOLESALE THE DEAL OUT. It took me a while to visually understand that.

THAT'S ALL FOR NOW FOLKS

Thanks

Sabrina 

For real estate go LLC absolutely.

If your looking to get traditional loans in the future you need to get the llc and start building business credit. Which means you need to get a Duns and Brad Number. 

This duns number is like your business (social security number )

it is not to be used in place of a social on applications never.

when you apply for business credit ,business credit applications 90%will have a space for asking for your Duns Number.

A duns number is the first step for 100% separating your personal from your business credit. If you establish a duns number ,you will never have to personal guarantee a loan.

google around the terms : buidling business credit with a duns numbers

Tip duns numbers have scores as well based on how soon you pay your loans back and vendors back. Once you get a duns number go to quill.com and order about $25 bucks worth of stuff and click the option in checkout as invoice me pay later. They will give you credit automatically. Once you order pay it pack within 20 days . Then order again this time increase to $ 75 order and so and so on. This will create activity in your business profile. 

Then google Net 30 Vendors. Order from other similar companies like quill.com.  you need 4 companies to order from before you will have a paydex score. Aka duns score.

Sign up for the FREE duns credit signals account. The free version is fine.you can watch your score and your business credit as it grows.

Once you have a paydex score apply for business gas cards. Never with your social. Use the duns number where it ask for this number. Never use a duns number in place of a social that's illegal.

once you have gas cards pay those back within 20 days.

then apply for a small line like 2500 at the bank. Pay it back then borrow 5000. Pay it back then borrow 8k then 10k 

by this time you'll have creditors throwing credit at you

 The whole process should take about 9 months to 12. 

Harris County Tax Auction 

New information 2016. New location 

Tax sales are held the first Tuesday of each month. Sales must be held from 10:00 a.m. – 4:00 p.m. Each of the Constables conducts sales of properties in their precinct and the sales are most often held simultaneously.

Effective with the February 2, 2016 auction, future tax sale auctions will be held at the new location listed below:

Bayou City Event Center
9401 Knight Road
Houston, TX 77045