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All Forum Posts by: Account Closed

Account Closed has started 6 posts and replied 1168 times.

Post: Finding Leads for Wholesale

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

There is SOOOOOOO MANYYYYYYY properties out there and obviously I can deal with them all. So I teach others how to do it.

Post: Finding Leads for Wholesale

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

Hi Jon , I am an investor, wholesaler and trainer here in Orlando. Welcome to BP.

My advice to new investors is to start wholesaling properties. This is the quickest and best way to get started with the least cost.

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.

Many times the owners don’t update their mailing address with the county so you may get the letters returned. I use beenverified.com to get the most updated info. It costs me $24.95 a month but it is well worth it because it also gives me email addresses and phone numbers.

If you are going to buy the property, fix it up and then either sell it or rent it then you are through.

But if you want to wholesale the property to another investor, then 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. And again use beenverified.com to get the best and latest contact info.

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: What if a deal fall through?

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

The best way I have found to find buyers is to join a local REI. Also if you are not an agent, then have an agent pull up all the cash buyers in the neighborhood the property is in. Once you get the list of houses that were bought with cash, check the assessors website to find the owners names. Then do a search by that owners name and if they have more than 1 property, then they are definitely an investor. Then contact them about your deal in their neighborhood that they already own property.

Post: What if a deal fall through?

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

I always put in my contracts "Contingent on my partners approval" in case I can't find a buyer on my wholesale properties. 

Post: New Member and Investor in Orlando FL

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

I have been overloaded with clients and deals so I have not been able to be on BP much lately. Yes I host a monthly BP meeting here in Orlando and the next one is Jan 10. Here is the details:

https://www.biggerpockets.com/forums/521/topics/38...

Post: Property Found Orlando, FL

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

It does not look like a good deal, Move on to another one that will work. 

Post: Would You Pay This Much For A Tax Delinquent List??

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

I invest in tax deed auctions here in Orlando FL and I get all my lists free from the assessors website. Most counties provide that info on their website. You just have to call them to find out where it is. Also you can do a google search for Alameda County Tax Deed Auctions. You will find quite a few sources. Look for the one from the county.

Post: Newbie investor from Winter Park, Florida

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

Hi Kurt and Sam welcome to BP. I am an investor/wholesaler/trainer and I host a monthly BP meeting here in Orlando once a month. Then next one is on Jan 10. Here is the info:

https://www.biggerpockets.com/forums/521/topics/38...

Post: Wholesaling Documents that are Needed

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

If you are wholesaling a property you need to have it under contract. Then you sell it to another investor with a contract or an assignment agreement. 

Post: Experience with honest Wholesalers in greater Orlando area?

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

Hi Brandon I am an investor/wholesaler/trainer and I host a local BP meeting once a month is Orlando. The next one is Jan 10. Here is the link to the details.

https://www.biggerpockets.com/forums/521/topics/384295-orlando-fl-area-bigger-pockets-meeting