All Forum Posts by: Shane Ronay

Own a rented out condo free and clear, and looking at options on doing a cash-out, not for real estate purposes. Kindly contact me to discuss if this is something up your alley.

2 Votes

Miami, Florida

Rate is 7.75, with $5k origination, but don't think it's real, as they didn't ask me a number of important questions. I wouldn't go forward with that origination fee regardless. Thanks guys!

0 Votes

Miami, Florida

Though I'm not too sophisticated regarding financing, I do know that there are different options to structure any deal, which take both knowledge and creativity from a lender. I'll look to reach out to you tomorrow - thanks Luis.

1 Vote

Miami, Florida

I'm looking to cash out on an investment property in FL, and came across these guys. They sound competent and provided a decent rate, but don't have many reviews, except for Yelp. Anyone have something on them either way? Thanks in advance.

0 Votes

Miami, Florida

Matthew - I appreciate your quality responses to Jonathan from 2 years ago, and am looking to add land flipping to my arsenal. I'm wondering if anything has substantially changed in the education dept. since then, as the number of land-flipping courses have mushroomed. Would you say that Seth Williams and LA are still the "go-to"s in the space? Any feedback regarding Jack Bosch?

Thanks in advance

2 Votes

Quote from @Matthew Bailey:

@Jonathan Duong I have good systems and outsourcing but there's still a lot of decision making you'll need to make and things to juggle. I have fully outsourced my seller communication, I just call the shots on offer prices and have an assistant do the negotiation and seller facing conversations. I've also outsourced due diligence and property posting for the most part.

I'd recommend the (free) book "Work the System", it's like E-Myth but I found it to be more actionable. Combine that with google docs and you're off to the races.

I have a self made podio CRM that works well. There are land specific CRMs that you can look into that come with a monthly fee as well. I like the control I have using my own system.

As for my biggest hurdle I think it's definitely pricing, it just takes a lot of reps to understand valuation of vacant land. I think Seth did some pricing videos that he's added to his course which help a lot. Other than that you just have to rep it out.

Hope that helps!

0 Votes

Hey Daniel - I'm looking to join the group. I wouldn't be able to be there physically since I'm in FL most of the year, but looking to network, and provide whatever value I can. If there are any other wholesalers in the group, am looking for a partner.

0 Votes

I've put together a spreadsheet analyzing a number of markets with plenty of both growth and flipper activity, targeting several cities away from major metro areas, but obviously still looking to avert an overly saturated market(s). Should I for instance be looking at a specific # of cash transactions from the past year put back on MLS as a benchmark to overly active market (say 125+), or can someone suggest other barometers to consider?

Thanks in advance for your thoughtful response.

1 Vote

All Forum Posts by: Shane Ronay

Shane Ronay has started 6 posts and replied 25 times.

Post: Thoughts on DSCR Loans

Post: Anyone experienced with Lee Arnold's system

Post: Private Lending Advice / Source

Post: Ridge Capital Group

Post: Ridge Capital Group

Post: Ridge Capital Group

Post: LAND INVESTING course?? Which do you recommend??

Post: LAND INVESTING course?? Which do you recommend??

Post: Winston Salem, NC Meetup

Post: Criteria for Selecting a Virtual Wholesaling Market