Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Account Closed

Account Closed has started 6 posts and replied 1168 times.

Post: My first negotiation with a Motivated Seller

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

I offer full market price if 'they agree to my terms'. Then I ask them the above questions. I always use 65% as a starting point for my cash offers because I want my buyers to have more profits in the deal they buy from me. 

Post: Looking for investor friendly agent in Orlando Florida area

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

Hi Zach I am a wholesaler in Orlando and I have properties all over Florida. I tried to contact you from your profile but did not find any contact info. Please contact me by clicking on my picture. You will see my contact info.

I over 17 years experience as a full time investor and I'm sure i can help you invest wisely. 

Post: New Member from Orlando, Florida

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

I am a wholesaler in Orlando. Let's connect. Click on my picture and you can get me contact info.

Post: Baltimore: Looking to Invest

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

Have you considered Florida. I am a wholesaler in Orlando and I am finding lots of good deals for investors. And I have access to a complete turnkey system for out of state investors. I just sold a house to a Canadian investor and he is taking advantage of the turn key system. 

Post: Out of state investor looking to diversify into new states

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

I just sent you by email the current list of available properties. Also I set you up to receive the latest info on any new properties I get. 

Steve

Post: Anyone in Orlando Experienced in Tax Deed Sales?

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

All liens survive the tax deed sale. the best way is to look at the tax deed info and look at the section for people notified of the tax deed sale. Everybody that has a lien on the property will be there.

Post: New Investor from Cape Coral...Southwest Florida

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

Welcome to BP.

Post: Hello Bigger Pockets Community!

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

If you want to generate you own list of properties here is my advice.

My advice to new investors is to start wholesaling properties. First pick a neighborhood that you are either in or close to. Driver around all the streets and look for vacant houses. There should be some. Then look in the county assessors website to find the owners. it should give their name and mailing address. Send them a letter telling them you found their house to be apparently vacant. But if it is obviously abandoned, say so in the letter. Tell them you will pay them cash for a quick close.

You should contact a local RE Agent to give you a list of all the houses in that neighborhood that have sold in the last 5 years with all cash. This typically is investors. Then again go to the assessors website and find their name and mailing address.

Once you get a response from the seller of the vacant house, negotiate a deal to buy it for all cash. Then immediately contact all the cash buyers you just found that buy properties in that neighborhood and tell them about the house and would they be interested in buying it.

Once you have done all that with that neighborhood, go to the next one and 'rinse and repeat.'

I hope this helps.


Steve Anderson

Post: New BP Member from Florida

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

Both are possible. I currently wholesale both residential and multifamily properties. Right now I have 50 residential properties and 27 Multifamily properties for sale.

Post: My first negotiation with a Motivated Seller

Account ClosedPosted
  • Investor
  • Orlando, FL
  • Posts 1,351
  • Votes 780

You don't have to offer all cash. Ask the son what are they going to do with the cash. If they say they are going to invest it, ask them where and what kind of return are they going to get.  Is this is their response, then ask them would like to get a better return with a very safe and stable investment. If they say yes then offer them the $150,000 with say 4% interest, no payments until the rehab is finished. Calculate the monthly payment that is below your anticipated rental income. 

What you are fishing for is if this is a good owner financing deal.

If they say they are going to do anything else with the cash then tell them "The price is too high. If you can't sell the house within the next 3 months call me to discuss my offer again."

I hope this helps.