All Forum Posts by: Trevon Peracca

Is this still going on the 3rd Tuesday? i haven't seen a post in a while :)

Good evening BP,

@Michael Quarles @Robert Laird

I got a bunch of calls and website leads today from people saying they just received my postcards. I'm feeling overwhelmed and have no idea what to do right now. Well, I do have an idea what to do but I'm just sick with the newbie nervousness.

I specifically have one guy who appears to be an investor who has bought properties far below the market value and thinks he is going to sale it to me at market value. I may be new but i have common sense. (I looked up what he bought the properties for on Zillow.)

To fill out the lead card on my website it asks for the seller to enter an "asking price". How should i approach people that are expecting market value for their property? Is it worth the time?

I have one guy who is asking $200k above market value on a $1.2m property. There is surely no opportunity to wholesale at with those kind of numbers. Or is there???

I guess what i am really asking is how do i separate the motivated sellers from those i cannot make a deal with. 

Best Regards, 

-Trevon

Keywords: Wholesale, Wholesaling, Lombard, Chicago, Direct Mail

I am looking wholesale friendly title company in Chicago, any suggestions?

what do I do if I get a response to one of my postcards and they have their property listed with a realtor?

I have a separate phone line dedicated to my wholesaling business. Does anyone out there have good voicemail examples gear toward the "we buy houses cash" type business?

Please share your recommendations.

So i am a bit lost... What am i supposed to do with all of the property addresses i write down. If they are vacant how am i supposed to get the postcard to the owner?

Does anyone know if there is a Audio version of this book?

Good Morning BP, 

I am in search of a Realtor that I can begin building a long-term relationship with, has experience find multifamily deals, and has rental properties of their own. If anyone has recommendations please send them my way! 

Best Regards, 

-Trevon Peracca

This property is a 3/1 that is rented for $1350.00 and a 2/1 that is rented for $1150.00

We would be moving into the 2/1 once the lease is up.

Asking price is: $250,000.00

my interest rate is: 3.75 

Taxes: $8600.00

Insurance: $200 (I estimated) this is my first multi family.

nothing "needs" to be fixed. (There are some cosmetic things that i do not personally like)

@Justin Fernandez

@Theo Hicks

How do I calculate numbers while house hacking? The Cash flow on the calculator obviously says i am negative cash flow. So how do i know if its a good deal?