All Forum Posts by: Lena Claybon

Hi Dan, this post was a while back.  I'm no longer offering services as  a property manager.  I'm mostly sticking to purchasing, rehabbing and flipping, and also wholesaling.  If you're interested in buying up this way, I can send you deals as they come up.

LOVED, LOVED, LOVED this episode!  Brandon and David, please do more in-depth episodes like this in the future!  It was such great information!  I'm  already working on a couple of these strategies but you helped me so much in just the way I was thinking about it.  So thank you and keep up the good work!

@Holly Williams I'm down in the Ruston area.  Definitely, familiar with Tallulah, though.   Your cousin is smart 'cause there's a lot of farmland down in that area.  I've tried to flip a couple of land deals but it wasn't for me.  So, I pretty much stick to what I know, SFRs.   But I applaud anyone who can do it.  I know it can be very lucrative if you know what you're doing.

@Joshua Meach @Chris Turner, THANKS!  I know how hard it can be sometimes to stick to it so just trying to help.  Good luck!

You're so welcome, Colleen!

For those of you struggling with whether or not you should get into wholesaling, I just want to share a little story for possible motivation. This past, Friday night (5/18/18) around midnight I thought I'd check Craigslist before going to bed just to see what was there. (This was a little unusual for me because even though I have gotten a couple of deal before from Craigslist, it's not very often so its not like I check it everyday) but, at any rate, I checked it and there was a posting that had just been put up maybe minutes before of a house for sale in a great area not far from me. It was a fixer-upper and from the description sounded like the kind of house I'd be interested in so I sent an email and text to the contact info listed. Early Sat, I got a text from the guy saying to give him a call. I did. Found out he was selling house his father's house who no longer lived there. This guy lived out of state and was only going to be in town a couple of days to get house cleaned out and sold (so he was motivated). The greatest part was, because the house needed a little work (which was mostly cosmetic), the asking price was almost half of what the ARV would be (I did my research before going). So, I knew immediately after walking through that I wanted the house but I had to play it cool. He mentioned some other people were coming by to see it but I knew I wasn't leaving there without that contract! So, after a little negotiating back and forth, I presented my contract. He said he needed time to read over it but, again, like I said, I wasn't leaving there without it so I told him I'd walk through again and check it out while he had time to read it over. I sensed he was trying to buy time so he could see what the other offers might be but I wasn't leaving. Someone else arrived. I gave them space but I stayed around. Turns out, it was an agent looking for a house for a client. So, after a little more going back and forth, and him seeing that I was serious, I got the contract. That afternoon, I sent it out to a few of my buyers via text. By Sunday afternoon, I had 3 offers. Monday, I signed a contract making a $5,000 profit. Now, that may not sound like a lot to some and I have done bigger deals, but the point is, this is the only business I've found where you can make that kind of money (legally) in less than 72 hours that doesn't require any special skill or hard labor. I'm sure there are some out there, I just don't know about them. Now, let me say, obviously, it doesn't happen like this on every deal and I had a list of buyers I've cultivated over 3 years so it helps to have real buyers in place BUT still its nice to know you're in a business that can generate that kind of cash that quickly. So, hopefully, this might motivate some of you who are on the fence about this business. It works! So, dive in and good luck!

A fun way to attract business.  Check it out!

https://www.bonfire.com/be-your-own-bandit-sign/

Another very cheap income property to add to your portfolio.  This is a well-maintained 2 bd/1 1/2 ba property with stable renter already in place.  This area is great for large city investors looking for cheaper places to buy.  I'm a property manager so I can offer my services to oversee property for you.  I can also send other properties your way as they come up.  If interested, hit me up.  call/text 318/228-1720 or PM me at [email protected].

If you're looking for a cheap income property, look no further.  This 3 bd/1 1/2 ba property with central air & heat is well--maintained and already has renter in it.  You can't beat the prices down here in ol' Louisiana.  Much better than those in the bigger cities and although rents are lower, your profit ends up being close to the same as dem ther' city dwellins'.  But all bad grammar aside,  I'm also a property manager, so I can oversee property for you if need be.  If interested, let me know.  call/text me 318/228-1720 or pm me at [email protected].  Look to year from ya, ya hear! :)

Hi Jason,

Though this name was mentioned previously, when I first got started wholesaling, someone turned me on to Sean Terry's website, flip2freedom.com.  Yes, he tries to sell you on his program but there's also a ton of free information on the site about wholesaling and he posts great success stories of others who are doing  it.  He even has a free ebook on how to get started.  Once I learned the basics, the way I really learned was just jumping out there and doing it.  I've found and sold deals in various ways including craigslist, local pennysaver newspapers, direct mail campaigns, asking local mailmen, plumbers, yard workers, etc. for referrals in exchange for referral fees if I make a sale.  It all works if you work it.  There are other sites out there that have good info including this one but your best lessons will come from just doing it.  Best of luck!