All Forum Posts by: Shay Kent

So I was told to look for listings that are 90+ day's old, because the sellers should be motivated by that point. I've found some that are close to 150 day's on MLS.

My question: Are these actual potential deals? My thinking is if it's been that long sitting, what's wrong with it? Will I be able to sell it if I bought it?

It just seems that if it doesn't sell now, then it won't sell later? 

Thank you! I've set up a meeting to get my LLC started and done correctly to protect my assets. I'm meeting with a RE agent in the morning to start a relationship there. I'm absolutely petrified and so excited all at the same time!

Hey all,

I'm still a little confused about the order in  which things happen.

First I find a deal, get it under contract, then take the deal to the hard money lender? Here's my hang up: If I put it under contract and say that i have the cash (lying?), then I go to the get the loan from the lenders- how long does it take for them to get me the cash? Or do they pay the seller directly? goes into escrow? Do I have to have my title attorney already in place before making a deal?  In what order do I need to do this all in??

Am I over thinking this? 

@Brian Kraft, Hey! We certainly did work on that together! How are you? How long have you been doing RE investing? 

I'd ask how much work needs to be done to it (rehab cost). Then double check the comps. Get it under contract with a way out and send over your contractor to verify the condition and cost of rehab. Basically I'd triple check everything.

Hey everyone! 

I'm so excited to have found this site! I'm working on putting together my Power Team and I really want to get going with a few wholesales to get my feet wet in the next few weeks. I want to get a fix and flip started before the end of the year. 

I'm a freelance Film/TV Coordinator. I've working on The Walking Dead, Mythbusters, American Idol, a couple of Tyler Perry shows and the new Robert Redford movie, A Walk In The Woods. It's a super exciting career path, but I work 60+ hours a week and usually in a different state from my home and family. I'm ready to take control of my life! I'm so excited about real estate investing I just want to jump in! 

I did a seminar that I paid $2k for, but it turned out to be more about hooking us to then buy another seminar at $20k-$50k to get a mentor. If I had that kind of cash, I wouldn't have needed the seminar! haha! It was a great overall learning experience, but was lacking some more specific how to's. 

So I'm totally stoked to have found a place with like minded people!