All Forum Posts by: Tarica Davis

@Larry Turowski Awesome! I would love to help you out however possible. Message me your details so that we can connect.

@Eliott Elias I think that would be the most wise. Appreciate the honesty. Thanks.

@Carini Rochester absolutely! What types of properties are you looking for? Message me with your details.

Thank you so much for your help.

Good evening,

I am writing in search of a CPA local to Rochester NY who is well versed in the strategies of wholesaling, STR, STR Arbitrage and Subject To deals. I would love to get any information available from anyone experienced in my local area. I am primarily concerned with the legalities Associated with contacts in willing and where to get them, STR regulations and zoning restrictions and whether or not Subject To deals are legal in our area. If so, how would you structure a deal? What is the process of getting the deed and title name changed? How do you revisit the transaction when you are ready to exit and drop the property owner's name into new name/ financing?

Hello, I am a new Wholesaler looking to connect with some experienced wholesalers in the Rochester NY area. I am very new to the active phase in my journey but have spent over 5 years in the learning phase, so I am ready to get things moving. Because I understand that your time is precious, I am willing to assist in any way I can in exchange for gaining experience in the deal process. I am willing to meet for coffee or lunch if you would have me. Help me to help you.

Thank you so much for the input and support. I think I know what I want to do for the short term. Wholesaling would be best for someone in my shoes and BRRR/ buy and hold for the long term.

@Terry brown you're right. That's just it. Jump right into ANYTHING RE! Make myself relevant, see some things and some people. Build faces and names and who knows where things will go. Be like Nike and JUST DO IT! Thanks. 

@Andy McQuade thank you so much for the insight.

Hello BP, just having some true issues with getting my feet off of the ground and started. I just finished my RE class and took my exam but haven't taken a salesperson position yet so I don't have my license yet but I am very undecided about how to get started. I have been working as a nurse for about 10 years and I planned to keep it to take care of my current expenses and lifestyle, while I wanted to start a RE business to begin to gain financial freedom. I forgot to mention the fact that I am a mother who homeschools due to the pandemic which is another reason why I questioned taking a full time position as an agent. I planned on wholesaling and bird dogging from home instead to gain a little capital and build RE relationships that I could use to obtain my first properties and/or partnerships for long term income. I plan on taking care of my everyday expenses with my nursing income and let my RE income fund my RE investments. 

I am reaching out to Rochester, NY local investors to see what they thought would be a good method of execution to get started. I have a very flexible Nursing position so I can work the ground area pretty much at my leisure. I am finding out now since completing RE school that there is slow growth potential as an agent unless I plan to pursue a full time position and plan to focus on a luxury market, thus teaching me more how to be an employee than a business owner. I truly feel like I would be able to grow exponentially by taking non-conventional methods of building capital and investing which can offer me more flexibility with bigger deals instead of starting so small with SFR like I originally planned.

What do you guys think? Should I take a salesperson position to gain exposure to the market and build those buyer/seller lists or should I jump right in wholesaling and build those relationships the old fashioned way? If I took a salesperson position would I have to disclose my side RE business to my broker? Is the Rochester, NY area even supportive of wholesale transactions right now? How would you suggest that I get started, is a local meetup my best option? 

I understand how to analyze deals and evaluate them for potential, but do you guys suggest any apps or software that can help make things easier/ faster for contact management and such? What would a typical day/ week look like for a local wholesaler? Should I open an LLC for the wholesaling business? Any insight would help.

I know that it may seem like a lot, but I rather ask of you guys than go out into the world blind. I had a brokerage reach out to me and claimed to have all these good things to help me grow and learn but were not BBB accredited and there were NO reviews for a business ran for over 20 years. That should be a red flag right? How do I know who to trust? (Just an example of why I am thinking of going the non-conventional route.) If you had the time, drive and know how that you do today when you first started, how would you do it again? I have the time and drive to get moving and I am willing to do the foot work, I am just not sure how to take off. Please BP, help!