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All Forum Posts by: Tequa P.

Tequa P. has started 4 posts and replied 7 times.

Post: ADVICE DO NOT WANT TO LOSE PROPERTY

Tequa P.Posted
  • Voorhees, NJ
  • Posts 7
  • Votes 0

My grandfather is 85 has a bilevel home he had built that is free of mortgage.

He has been getting door to door offers to sell — as is — for very low offers as the home is 70 years old and needs repair.

In effort to not have him sell his house and lose a family property. I want to make a proposal to purchase the home from him with a refinance goal which gives him cash in hand that he so desperately wants.

I would buy the house and take the equity out of the home to renovate and update. Is this process as easy as it seems? Also I just would line advice of what anyone would do in this situation. I want my grandparents to be content with their later lives and not regretting a house that they don’t understand all the possibilities they are afforded as home owners.

@Samantha Miller were you ever able to get the template you desire? I was looking for an electronic lease or agreement app

Post: Buying a triplex at retail price ???

Tequa P.Posted
  • Voorhees, NJ
  • Posts 7
  • Votes 0

ok thanks for the reply. I have a few questions about the area. Do ou currently have any investment properties in Newark? Do you flip or rent ? And how are you determining the better areas ? 

Post: Buying a triplex at retail price ???

Tequa P.Posted
  • Voorhees, NJ
  • Posts 7
  • Votes 0

I am looking to purchase a triplex have been searching for deals in the newark New Jersey area with no luck. The area is not the best but there is still so much opportunity.... any suggestions on phrchasing in Newark? And also purchasing a triplex as first investment property?!?! 

Post: How do I find the right wholesale market?

Tequa P.Posted
  • Voorhees, NJ
  • Posts 7
  • Votes 0

no reply 😢

Post: How do I find the right wholesale market?

Tequa P.Posted
  • Voorhees, NJ
  • Posts 7
  • Votes 0

Need to understand the right market to send my letters to. Everyone has contradicting advice on whats the best market to reach. 

Should I base it on the home sales in the area? Or on the profit margin? 

Deciding to take a new career leap that I have been dreaming of for almost a decade. Deciding now to take action.

Wholesale. I MUST invest in real estate and master the craft! This is my new life goal. I am a Registered Nurse - Emergency by carreer butbin my heart I want to expand and do more with myself. 

My grandfather recently became very ill with heart failure within the last year and while in his hospital bed out of the blue he looked over to me and said “learn how to buy some cheap houses and re-sell them teach yourself to build some wealth”, so here I am on a new journey.

I pirchased about 50 bandit signs and placed 10 out as a trial and have already had 3 motivated sellers reach out to me. I started creating my own buyers list with posts on criagslist I have about 5 people looking for deals. My only problem is they profit margin seems too low for some of my buyers.

I need to find what is a good market and how/ where to start. I am an overachiever so I naturally feel like even the big deals (assigning 200k contracts) initially may work. 

In need of some guidance in a few matters. Any suggestions or advice is deeply appreciated.