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All Forum Posts by: Shannon R

Shannon R has started 7 posts and replied 26 times.

Post: Learn business credit

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

Ty,

I know that presentation means alot to some people but it is what it is! If I didn't think that it wouldn't benefit alot of the folks on here in some way, I wouldn't have posted the source. Listen to what he is saying, not to what he is wearing.

Did you atleast download the free ebook?

Post: Learn business credit

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

For all that want to learn how to establish business credit, checkout www.gboogie.net. I can say that I have personally been following some of this guy's technique's since January and everything that he teaches is on point. There is some "free" stuff on youtube as well under member name gboogieamerica.

Just trying to help,
Shannon

Post: Is it wise to buy an apartment building in a revitalization area?

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

I'm looking at possibly buying an 80 unit apartment complex in a "rough" city near me. There is a revitalization push going on including a recently constructed casino and racetrack. Alot of vacant properties are getting bought and rehabbed. I haven't actually driven to the complex to get a feel for it yet, I wanted to see if I could get some insight before I put alot of time into this project.

The complex itself has an out of state absentee owner and is motivated to sell.

I'm a newbie at this, any advice?

Post: MONICA MAIN Wealthy Heirss SCAM??????

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

Mike,

Visit, Scotsmanguide.com for a list of lenders that allow private funding.

Hope this helps.

Originally posted by Mick Graves:
I have been wondering about her program. I bought it and read through it and it makes since. The problem I am having is finding a lender to do the deal how she suggests setting it up. I am working with a few of them she has in her program list and have submitted deals to her partner program, but it's all in limbo right now with nothing moving forward. Her partners have not yet made any offers on the properties I have sent and on the deals I found and sent to her brokers some have told me they can't do what she said they could and others take weeks to get back with me. Of course I realize if they actually can do these then I can understand why they are slow. They haven't asked me for any money though so I don't see what they can gain by looking at my deals and telling me what to change on them unless they plan on them actually closing. I found a review of some of her company's info and her criminal history, but it looks like most of that was from not knowing about the laws with securities and it looks like her methods were not working for that. The review site I found on [LINKS REMOVED]

If anyone who has actually bought a property with one of her brokers or any other broker who allows the seller to carry 20% on the carry back reads this please post your contact information. I and Im sure alot of us would like to talk to you to see if this is for real. You can send me a PM too if you dont want tons of people emailing or calling you from posting publicly.


Post: How did you build your buyer's list?

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

You can try putting a few hand-made signs out that say "handyman special $xx,xxx cash" with your phone number.

I got numerous calls from potenial cash investors that way!

Post: Do you "Twitter"??

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

I'm tweetering(is that even a word?), just started a few days ago actually.. You can follow me @housebuyinguy

Post: re: My first duplex- any suggestions?

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

PM sent..

Post: pulling current information a property I am looking to purchase

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

You can go to your counties website and do a property search for that address, most counties have that information online for free. You can also get the owners name, address, price they paid for the property and the year they bought the property, tax info, ect...

If that doesn't work, you can go to http://www.propertyshark.com and try to pull the information from there.

If that doesn't work, you can go to http://realquest.com and pay around $5 for a specific property if your not a subscriber to get that information.

I'm giving away my secrets..lol. Hope this helps.

Post: 5 Unit - $350,000

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

I hear ya Rodney, I never really looked into it. I was reading one of his books when I put that in there.

Post: 5 Unit - $350,000

Shannon RPosted
  • Real Estate Investor
  • Suburbs of Philly, PA
  • Posts 54
  • Votes 1

Thanks for the replies, I think I'll pass on this one. Making them an offer of $150k and then asking for owner financing for the 20%.

Probably wouldn't happen, but I guess anything is possible.