All Forum Posts by: Valeria Acosta

So I came up with 150K for my first good investment. Any advice on how i should go about it or use it wisely? I don't want to make the wrong move and end up loosing instead of earning! Thanks guys! 

I'll be there! 

Hey if it was easy everybody would be doing it !!! Best of luck today! 

Welcome to BP Jonathan! I am also an investor here in the Atlanta area, let's connect for future business opportunities. 

Welcome Dorothy! Best of luck with everything!

Thankyou so much Gilbert, 

Hey guys! 

I've been wholesaling for a year and to be honest it has been pretty good barely any complications until now. I recently put in an offer for a great home in a great area i was able to negotiate it to the price i wanted it for and it was accepted. The rehab is around 40K and the AVR of this property is no less than 700K. The only thing is that this client wants Ernest money to be $20,000 non refundable to be held as liquidation damages. As much as i tried to negotiate with him i wasn't able to get rid of it. So my question is, would this be a good deal to wholesale ? It's a a little risky from what some of my RE associates have told me, but i want to get more opinions and maybe some advice from people that have dealt with a similar situation. 

Great question i had a very similar situation, thank God for good neighbors that informed me that 3 people died in that house and luckily i didn't buy it. But like Eric says, you will definitely need a lawyer for this and do a little more research to find that proof. 

I definitely agree with everything you've said. Wholesaling is all about hard work and a lot of luck. It's not impossible, it just takes a lot of dedication. I left my corporate job at 21 and I've been doing great ever since. To be honest you learn as you go, it's so many little details that you don't know about and you learn by making those little mistakes. I just wish people would take wholesaling more serious and actually treat it like a real professional business, because those are the people giving us a bad name. Professionalism is key to keeping buyers coming back to you for more deals. 

I've sold multiple properties in North Atlanta and the AVR was great for the buyers. If you're looking for properties to invest in let me know i still have several available.