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All Forum Posts by: Samuel Coronado

Samuel Coronado has started 27 posts and replied 291 times.

Post: Building a Networking

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169
Quote from @Michael S.:

@Michael Ewers  @Samuel Coronado 

What has been your experience with Deal Maker - Huntsville? Have you actually sourced any deals from this group, or is like the other facebook groups in this area where it is basically agents putting up their MLS listings and random individuals peddling wholesale deals that are not even worth considering?


 The main guy behind Deal Maker Huntsville is a proven operator and someone I've known since about 2023. I don't want to put too much of his business out there, but he is a real investor who is doing projects all over north Alabama. 

The general agenda of the last meeting was this: 

Networking for an hour

Organizers came up to thank sponsors (obligatory local real estate agent and private lender-types)- roughly 15 minutes

Guest speaker Sarah Taggert (local eviction attorney) for about an hour. 

Free book giveaway.

Then more networking until they shut the place down. 

Total time was about 3 hours officially I think. pre and post-meeting was longer. 

----

There wasn't any advertising of specific properties. Lots of mixing of people, ideas, and professions. I didn't meet a single wholesaler there. haha. 

Post: Anyone sell tradelines?

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169
Quote from @Kerry Noble Jr:
Quote from @Jay Hinrichs:
Quote from @Kerry Noble Jr:

Does anyone run a tradeline business? I used to have one of my credit cards on file with a smaller tradeline company........until the owner got greedy with what she wanted to pay me for my card.......I would love to get my tradelines back out there and generate some side income....just looking for more tips on where to market and network with indviduals that need tradelines.......any info is appreciated.


OK Kerry what is this .. how does it work  how do you make money doing this.. any help would be appreciated.. one area of RE and finance I have no clue about.

 Yes sir! In its simplest form, I basically sell my authorized user spots on my credit cards. 

currently they're listed through a couple tradeline brokerages. And the brokerages send me people to add. They have the customer base.


 What brokerages do you use?

Post: Manufactured Housing reliability - Amish Built Cabins

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

They do not look like they are worth the price.

Post: Anyone here doing Residential Assisted Living?

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

Post: Anyone here doing Residential Assisted Living?

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

I'm also very curious about this. I have a 5 bedroom that won't cashflow, but at the same time I don't want to give it up when I move. I've looked at Padsplit at $800/room and also RAL. Might be able to contract the RAL piece out and just be the landlord instead of the operator. 

Post: Jumping back in to Real Estate, wow how the world has changed!

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

Why did you sell back in the day? 

Post: If You Could Rewind Time, What Would You Do Differently?

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

If I could go back in time, I would do nothing but small mobile home parks, sit on them, and trade up to larger ones (50+ pads).

Post: Building a Networking

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

Hey, there. I am a local active in the area. I go to all the little meetings here and there. Are you looking to set up your own event or are you looking to attend those that already exist?

We have the Rocket REI group, Deal Maker - Huntsville, Vista REI, Madison County REIA, Tennessee Valley REIA, and a few others. I can make introductions if you need.

Post: Not COVERED - TITLE Insurance issue- THOUGHTS appreciated to remedy

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

I would be going directly for the wholesaler/land flipper directly. I would not be going after the rightful owner.

Post: Renting to illegal immigrants , rent control

Samuel Coronado
Posted
  • Investor
  • Huntsville, AL
  • Posts 295
  • Votes 169

Call ICE. I'm not even joking. I'm saying this as a son of immigrants- call ICE. They are not law-abiding if they are here illegally.