All Forum Posts by: Vick Galu

@Heather Hatcher

hey heather i would love to get connected with you !

Aloha Gang,

We're thinking of expanding the business into the virtual market, Right now we're looking at CA as where we'd like to start doing deals. The challenge for us is learning the areas. Here in hawaii we grew up here allowing us to really get the upper hand on learning our market but where do we start when it comes to a whole other state? What questions should we be asking?

Mahalo in advance

@SIONE KENI yes

@Kanwar Sodhi

Have you tried list source?

@Alonso Fernandez Maldonado

Aloha mate ! 

1. No you dont have to purchase the property but dont put a property under contract without the intentions to get it bought that only gives wholesalers a bad rep. (however it happens sometimes when you just cant find a buyer for the property) the job of the wholesaler is out the property (deeply discounted) under contract and assign the contract to the end buyer

2.this is a great question now if your going through the realtor and finding your properties through the MLS then they are going to ask for a POF however you do not need a POF when dealing with the homeowner directly, if anything have your buyers provide a POF and use that for the property it will show that you actually have the ties to lock up the property and go through the process. (this is what we do)

3.Expect to pay the EDM if your savvy you can have your buyer pay for this as well on the back end. marketing is most def going to be on your list of expenses

4.Protection is all in the contract. Most people I know use the inspection period to get them out of the contract. 

5.the low and no money down book by brandon turner. However books are great and all but the best way to learn? is to do and if your just starting out that would mind finding a mentor that can walk through the process mate if not (and im not saying this is you) people get stuck on just reading reading reading ... reading as much as they can but never actually doing anything again not saying thats going to be you ... everyone is different mate.

best of luck to yah mate and hope things work out. Get connected if you need anything . Aloha

@Murat Caliskan Aloha mate to answer part of your question id say real estate investing as a whole is pretty saturated you know especially wholesaling because it comes off as the "get rich with no money" type of thing when really its not completely true you know? Does it mean you shouldn't get into real estate or wholesaling ? No ! of course not just be ready to put in some hours and work that all. I wish you the best mate and hope things work out for you. If you ever wanna chat about wholesaling would love to help out as much as i possibly can mate.

@Gina Daggett what type of investing are you thinking about getting into mate?

@Irina C. of course mate. Looking forward to it.

@Allan Guerra I see completely understand mate. ugh i have to be honest im stumped on this one but I wish you the best of luck mate

@Hayden Smith ahhhh i see, im honolulu hawaii i do wholesaling here, slowly looking into the virtual investing world for FL and Cali.