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All Forum Posts by: Stephen Morales

Stephen Morales has started 5 posts and replied 182 times.

Post: Partner doesn't want to sell and I want to sell - what next?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

@Marija Petrovic,

Thank you for providing that info. Let me see what I can come up with!

Post: If you’re struggling to get traction in wholesaling or real estate investing..

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

100% on it. 

I definitely find my self saying "It's 1pm ALREADY!?" because 7:30am-12pm goes by so fast. I am 100% more productive in the mornings. 

Post: Wholesaler profile .I'm Taylor Blair, nice to meet you!

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

Hi @Taylor Freeman,

Welcome to BPs! Let me know if you need help locating deals local to you. I'd be happy to answer any questions you have

Post: Wholesaler Won’t Sign Cancellation – Seller Backed Out

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

Whenever this happens we normally enforce the contract and sue for specific performance. 

Depends on the situation of course but 90% of the time it's the Seller just trying to get a better offer in which case we don't back down. 

If it's a unique situation where the Seller can no longer sell then we normally just cancel the contract all together as long as the buyer is ok with not pursuing for specific performance. 

Post: Batchdialer numbers being flagged as spam on the first call made

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

Hey @Elliot Angus,

I would check out Kixie or Ready mode. Great dialer systems with high connection rates. They do a great job keeping their numbers verified and cycling through ones that have been marked as spam.

Post: Wholesaling outside of your home area

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96
Quote from @Debveda Berry-Moore:

Yes, but do I just look for off-market properties in that area? Without being able to see the properties on the inside, it would be difficult to judge if repairs were needed. Do I need to have a team in every area I'm searching or is there a better way?

 Hi @Debveda Berry-Moore

I would suggest networking with locals that work the area. You can join local FB groups that work your marketplace and team up with other wholesalers. 

You can also work with the Seller to have them take the photos for you and allow Buyers to see the home. 

Post: Wholesalers, investors, and contractors

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

Hi Josh, 

For our real estate side we have an extensive network in Jax, Tampa and Orlando if you're looking to connect. 

Post: Wholesaling Contracts - Lawdepot & Legal Nature

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

You are overthinking it, but understandably so! 

Some of my forms and Amendments have come through law depot. When I owned a Property Management company I actually had all of my forms made from Law Depot. 

If you are really worried. I would get some forms made from them or legal nature and take it to a local real estate attorney to review the documents. 

Post: Partner doesn't want to sell and I want to sell - what next?

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96

You can always sell half your interest. I know someone that loves holding on to partial interest for the right price. 

Where is your property located? What kind of property is it?

Post: Wholesaling vs Flipping

Stephen Morales
#1 Wholesaling Contributor
Posted
  • Posts 201
  • Votes 96
Quote from @Catie Fihn:

@Stephen Morales I am learning more and more that wholetail is a good strategy to use. To date, we have only rehabbed properties "to the nines", but I feel that by doing this, we are missing out on a lot of opportunities where the numbers wouldn't work for a full rehab, but could work as a wholetail. We will just need a better understanding of the ARVs when you don't do the full rehab. This is such good info - thank you!

Anytime Catie, glad I could help!