All Forum Posts by: Yolanda Eiland

If you pay the taxes I don't think you'd be able to get your money back. If the owner hasn't paid the taxes to the City more than likely he/she won't pay you either.  You may want to forward the tax bill to the current owner via mail and hope that he/she pays before the City takes possession.  

People that have Section 8 are regular people just like you and I. Whenever you rent to anyone you take a risk of them not being able to pay or damaging the rental. Unfortunately that's life! You have people on Section 8 that take care of the rental better than some that aren't on the Program. You actually have more protection if a person has Section 8 because chances are the Government is either paying all or most of their rent. Also if they cause any damages to the rental Housing will not allow them to rent again until the damages are paid or they lose their Voucher.

I agree with Ronald Paicely this decision is up to you. However education is everything. I'd take the SATs that way if you decide to go to College you can go without any setbacks. If you decide not to go to then so be it.

What if you don't go to College and pursue Wholesale and realize that Wholesale is not for you. You may want to consider going to College and learn/do Wholesales on the side. 

Hi Matthew. I think the best way is to first learn everything you can about Wholesale. Read books, go to Webinars, look at YouTube videos, ask questions, etc. 

The first YouTube Video I watched the person was from AZ. He states that First America Title has a good website. You may need to contact their Business Manager for a Code to access the website.

Hi Riley, I recently just watched a YouTube video on that subject. It seems that you can go to a Title Companies website and do a search for leads. If the Title Co. doesn't have it on their website you can contact them and ask what Lead System or Farming System they use. You'd then go to the website key in demographics and it should provide you with Leads. 

You will more than likely have to create an account and probably use them as your Title Company once you secure a lead.

Ex: I went to Capital Title: I clicked on "Tools and Resources " Tab then I clicked "REiSource (Data Mining) Tab I was able to do a Search. 

I honestly didn't know about this until you asked the question and I Googled it and watched a couple YouTube videos. 

Since the Title Company will be the one sending you the money, if possible I'd prefer it to be drafted directly into bank account. But if that's not possible then I'd choose a check. I doubt if the Title Company would pay in Cash or a Cashiers Check but you never know. 

Hi Riley. I'm new to Wholesale in the Dallas area. I'm assuming you meant Sellers. But becoming a Pro at Marketing seems to be #1. You could also try Craigslist by finding HFSBO and reach out to them. You can place Facebook ads that will target certain areas and Sellers for you. I'd also suggest doing a Google search to find other options that might interest you. 

If you did mean Buyers, I'd suggest getting a website, reach out to Realtors so they can place the property on MLS, etc.

I agree with Larry T. The way I understand the Double Close is the Seller signs the agreement and then you'll need to take the agreement to a Title Company. Then the Buyer would sign a Purchase Agreement (which you have your fees included). Then you'll take that agreement to the same Title Company. The Title Company would then pay you the amount you listed on the Purchase agreement. 

Hi Christian, I'm a Wholesaler in the Dallas area. I've recently reached out to Realtors for assistance with Comps and ARV as well. In return for their assistance I've offered to send them properties that may be a good deal for them but not for me. I would think that a Realtor would make way more on the property that the Wholesaler would send them. Maybe you could speak with other Realtors in your area to see what they charge.