All Forum Posts by: Sharon Foster

My agent used to work for a wholesale company. She is excellent with investors and out of state investors. She also works with wholesalers when they re-list to sale on and off market. I am out of state. She makes videos and really provides insight to the market. My point being if you have the right agent, your wholesale business will be more successful.  

As an out of state investor I have had trouble finding reliable people to check out and video off market properties for me. I think this would be a great niche for young person that’s good with their phone, videoing, and could send those out. Just an idea. Good luck to your son!

I have met and bought properties from wholesalers on connected investors. That site seems like a good way to build a buyers list. Wholesalers also advertise on there. 

We invest in the Atlanta metro area and reside in California. We have been investing there since 2015. We currently have 9 doors and one flip. Flipping across country is very difficult, so we have focused more on buy and holds. I could buy five places in atlanta metro for the cost of buying one here. 

We have used Matt Garcia at supreme lending on our last Four deals. They always get us closed and can close quickly. The loans are very investor friendly. Biggest problem is all the fees. However, given the great deals I have found the fees have been worth it. I would still love to develop a relationship with a local bank. We are out of state and haven’t made that happen yet. 

Everyone’s situation is unique. I’d recommend speaking to a financial planner and setting goals with them. They can evaluate your debt and prioritize what needs to be paid and what you can invest with. I’d hate to see you miss out on investment opportunities. In my opinion there’s not a one size fits all on these types of decisions. 

Property taxes in Houston are often over 2.55%. Since the state doesn't have income taxes so property taxes are extraordinarily high. I'm guessing you don't have much down and PMI to get to that payment. I walked from an investment in Houston for that reason. I think it's great advice not to identify yourself. Also make sure you are using Zillow to market that way you hit all the major rental sites. A PM would be worth it, but it's expensive in your situation. If you can get out and make a profit, do it and consider it a success! Whatever you do once you move on from this don't give up. If you decide to walk, I know an excellent realtor that's out there who can help. A realtor can give you rental comps. Your rental rate might just be too high.

@juanjackson just researched your company and saw a lot of good reviews. Unfortunately my rentals go under $1000 a month and your website has $1500 minimum. If I have something above, I will reach out.

@heathwilliams I also had a terrible experience with them. Do you mind sharing who you found?

Thank you  for taking the time to tell your story. Very inspirational. I would love to hear about your tips about investing from across the country. We’re in CA and investing primary in GA