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All Forum Posts by: Thomas Carrillo

Thomas Carrillo has started 3 posts and replied 4 times.

Post: Wholesale in Colorado Springs

Thomas CarrilloPosted
  • Wholesaler
  • Denver, CO
  • Posts 4
  • Votes 3
Originally posted by @Luke Trovinger:

Congratulations on the deal @Thomas Carrillo! Especially in the springs in this market! Do you typically look for off market deals for your wholesales? An MLS wholesale sounds like it'd be pretty rare these days! Best of luck moving forward.

Thank you Luke. Normally MLS deals are tough so this one was definitely an uncommon situation. I look for deals anywhere and everywhere from MLS to Facebook marketplace. I guess the lesson here is to always be on the lookout for opportunity.

Post: Wholesale in Colorado Springs

Thomas CarrilloPosted
  • Wholesaler
  • Denver, CO
  • Posts 4
  • Votes 3

Investment Info:

Single-family residence wholesale investment in Colorado Spgs.

Purchase price: $190,000
Sale price: $230,000

This property was originally listed on MLS however I saw opportunity since it had been on market for over a month. After reaching out and negotiating the price, I was able to get a 30% discount. (unbelievable in this market)
I built a relationship with the agent and owner and was able to get a purchase agreement the same day.

What made you interested in investing in this type of deal?

Opportunity in an up and coming area. This property in particular was only 3min away from the downtown area.

How did you find this deal and how did you negotiate it?

MLS and negotiated through an agent.

How did you finance this deal?

100% OPM

How did you add value to the deal?

Created a property presentation for my buyers so they could see all the potential upside the property came with.

What was the outcome?

A satisfied seller that was out of state, and an excited investor wanting to be part of a great opportunity.

Post: Wholesale in Colorado Springs

Thomas CarrilloPosted
  • Wholesaler
  • Denver, CO
  • Posts 4
  • Votes 3

Investment Info:

Single-family residence wholesale investment in Colorado Spgs.

Purchase price: $190,000
Sale price: $230,000

This property was originally listed on MLS however I saw opportunity since it had been on market for over a month. After reaching out and negotiating the price, I was able to get a 30% discount. (unbelievable in this market)
I built a relationship with the agent and owner and was able to get a purchase agreement the same day.

Post: Quick Wholesale Deal

Thomas CarrilloPosted
  • Wholesaler
  • Denver, CO
  • Posts 4
  • Votes 3

Investment Info:

Single-family residence wholesale investment in Aurora.

Purchase price: $274,500
Sale price: $290,000

Found this property when D4D & noticed a dumpster out front. Stopped by to talk to a man and found out they were looking to sell but home was not in MLS Listing condition. I offered my help to get them a dumpster for a few more days, built a relationship, and had a contract signed within 3 days. House sold the same day it was sent out for full asking price.

Lesson learned here as always. Offer your time, build real relationships and the process becomes that much easier.

What made you interested in investing in this type of deal?

Hot area for rentals/flips

How did you find this deal and how did you negotiate it?

D4D - Built Rapport

How did you finance this deal?

End buyers cash

How did you add value to the deal?

Offering my time and being genuine.

What was the outcome?

Satisfied seller, satisfied buyer and now we all got to make some money.

Lessons learned? Challenges?

Hold onto relationships with sellers - they always know someone!