All Forum Posts by: Antonio Bodley

My VA cold called the owner and provided me with the information. I called the seller myself to get accurate information. The house is tenant occupied, so I have not been inside to see the house. I am only going by the information the seller gave me.

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Quote from @Theresa Harris:

I'd also check if renovations were done and if so were permits pulled? Did you walk the house to see why the records are different (ie did they finish a basement and add a bathroom, den and bedroom)?

This is what I got from the seller. Remodeling: No remodeling has been done recently but is still in good condition and almost like new: a new 50-year metal roof; new central air and heat; new cabinets, sinks, etc., in the kitchen and baths; new flooring; a new driveway.

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I have a motivated seller that wants to sell his tenant occupied home. I have a bit of a problem. I spoke with the seller and got information about the house that is different from what I found in public records. The seller said the house has three bedrooms two bathrooms and a den, but he does not know the square footage. I checked public records and online sites that says the houspe has two bedrooms, one bathroom, and is 1,008 square feet. How am I supposed to make an offer on a home that has inaccurate information? I cannot run comps on property with inaccurate information, and I will not be able to determine the ARV to make a good offer.

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Quote from @Chris Seveney:

@Antonio Bodley

There is this website called Google

Put their name in it and research the website and you will find out

If your real estate business is all about people giving you everything you will not go very far

I am not expecting everything to be done for me. I heard about this and was curious if anyone else knows about this gator lending.

1 Vote

Quote from @Chris Seveney:

Quote from @Antonio Bodley:

Quote from @Chris Seveney:

Quote from @Antonio Bodley:

Is anyone familiar with Pace Morby Gator Lending program that costs $3k? Is it worth spending that kind of money to learn how the gator lending strategy work? I don't know anyone else that talks about how this strategy works.

To me, plenty of free information on the internet on how to learn how to give someone with no money unsecured loan in the hopes they pay you back.

Where specifically do I learn how to make money doing this for free other than just the Internet?

American Association Private Lenders

National Association PRivate Lenders

Lend2Live

Biggerpockets

Youtube

What exactly can these organizations you listed teach me about being a gator lender?

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Quote from @Chris Seveney:

Quote from @Antonio Bodley:

To me, plenty of free information on the internet on how to learn how to give someone with no money unsecured loan in the hopes they pay you back.

Where specifically do I learn how to make money doing this for free other than just the Internet?

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Quote from @Jonathan Feliciano:

Hi Antonio. I'm not experienced in this particular form of real estate investing / marketing, but I can share with you what I've learned through podcasts and general sales experience, as well as share my opinion on your current marketing tactics.

1. Bandit signs are probably not the best strategy. Unless you have permission from city officials, they will continue to be taken down. I feel you're wasting time and effort into something that will most likely not result in a sale.

2. Leaving your business card at restaurants, barber shops, and other public places will not work. I did this exact strategy when I worked in sales, and I can assure you I never received a phone call from a potential customer. In general, I don't think business cards are even worth buying. If I ever meet someone who would like to work together, we enter one another's phone numbers into the Contacts app on our phones.

3. Having a website is definitely a good idea. In my opinion, if a business does not have a website, then it does not exist.

4. Try mailing campaigns.

5. Try online advertising, i.e. Google ads and Facebook ads.

I hope this helps.

You are right. I tried bandit signs tactics and business cards tactics and they did not work for me either. I was even tempted to use clothing as my marketing strategy to attract motivated sellers if that would work.

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Everybody keeps saying it is a numbers game. Is it better to constantly reach out to motivated seller leads or have motivated sellers reaching out to me? The only ways I can think of to have motivated sellers reaching out to me is through bandit signs, business cards, or websites. My bandit signs usually get taken down. Not sure the best places to leave business cards to attract potential motivated seller leads.

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Quote from @Alecia Loveless:

@Antonio Bodley No, no, and no. If a house is worth hundreds of thousands of dollars less than someone wants for it 99% of the time it’s a huge pass.

I had to be certain this deal is DOA because there is always that one person that see potential in deals most people would pass on.

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All Forum Posts by: Antonio Bodley

Antonio Bodley has started 124 posts and replied 508 times.

Post: How am I supposed to make an offer?

Post: How am I supposed to make an offer?

Post: How am I supposed to make an offer?

Post: Pace Morby Gator Lending

Post: Pace Morby Gator Lending

Post: Pace Morby Gator Lending

Post: Pace Morby Gator Lending

Post: Is this a lot more difficult?

Post: Is this a lot more difficult?

Post: What should I do with this?