All Forum Posts by: Jessica Martin

What documents are required to be kept to file taxes when wholesaling real estate? 

I have a check stub from one of our deals, but the others were wired directly into my bank account. 

Im assuming HUD-1 statements?

Is there anything else besides check stubs and HUD-1's I should be keeping...

Thanks in advance

Yes. This is just another avenue of marketing we are going to give a try as well. 

Have several thousand flyers I need passed out... Does anyone know of a company I can hire to pass them out for me? In Houston, TX. Thanks

Good luck Kevin! Looking forward to hearing your results. 

Curious about buying homes at auction to renovate and resell. 

Anyone willing to give me a run down on how this works?

Do you have to have the full amount ready to be paid if you are the highest bidder? Or do they just require a percentage down and the rest later? If later, at what point is the remainder due? Are you allowed inspections? 

 Is it possible to buy an auction property using hard money?

I ask because of course hard money lenders want to approve the property you are buying first, so if the full bid amount is due if you are highest bidder this would not work. But if you only have to put a portion down at winning bid, do you have enough time before the remained is due to get the property HML approved?

What is the difference in the homes being sold at the court house steps and the those being sold online through sites such as auction.com and Hubzu.com? 

Thank You

My husband Jeremy and I will try to make this. We love BP and we love networking. Looking forward to it!

My husband and I have been talking about building / buying an RV park for a few years now but just recently decided to really start looking into it. There are many parks here in Houston / Galveston areas and all are near full if not completely full. Most have waiting lists to get a month to month spot, so we are not worried about vacancy issues here. We are trying to decide if we should purchase an existing park or build our own. I personally would like to build our own. We could make it our own and also enables me to hire my own staff according to my own standards. We would have our own reputation to build, rather than take on a business that may already have a bad reputation and have the struggle of convincing prev customers with a bad experience that management has changed and therefor the experience of the park... exc... I frequently feel frustrated with today's level of "Customer Service" in MOST businesses.. I'm not sure I want to go through an employee "clear out" if I took over a place either... 

So with all that said, Im leaning towards building obviously. So does anyone have advice on this? How does the process work? Where do you even start for something like this? Lenders? Planning? City zoning? Utilities? Exc.... Time frame from start to finish?

Also, I have run across a property I already really like the location of. It says they have already spent over $100k on engineering and planning, exc... Says city has approved the park, just need building permits and to start building. Near Galveston, TX. Thinking of looking into this property to save time and frustration over the planning and engineering? Anyone know how long a process it usually is just for Engineering and planning on something like this?

Any advice or knowledge on this topic is welcome and appreciated. Thank You!

Bandit signs have really been where 90% of our deals come from. 100 signs every week. I've had very poor responses from mail outs but still continue to do them trying different techniques to see if I can find something that works... We also do flyers on vacant homes, neighbors outside and on cars in parking lots... but really nothing comes close to bandit sign returns...

@Robert Leach 

That's exactly what I've been thinking. It just seems like it would have a higher probability of at least getting read before going in the trash, which would hopefully keep it from going in the trash. Mailouts have not been successful for me. Handwritten or not.

I would be interested at $160 for the 1,000 hangers with bags. What I've looked at has been around that amount without bags. Can you give me the website. Thank you very much.

Thank you @Jerry Puckett