Hi Seattle Investors,
I'm a newly licensed real estate agent since June and experienced real estate investor. I live in Bellevue and range all over: Snohomish, King, Pierce, Thurston, and Grays Harbor counties. My wife and I own six rental houses, a vacation rental at the coast, and we've just started buying mobile homes for flips. We've done landlording, lease options, and owner financing. I'm interested in hooking with investors to make deals happen. Ideas:
1. Bank REOs - I've been touring lots of bank REOs. I notice that the banks list the houses unrealistically at the after-repair value. We'll need to ignore the list prices. If you can show proof-of-funds, there are several houses I can recommend bidding on and I'd love to preview many more for you.
2. Privately owned, vacant, 120+ days on the market - I've been touring vacant houses of all sorts and would love to submit some low bids for you. Sometimes I see estate sales with an owner/heir located out of the area - they ought to be highly motivated.
3. Mobile homes - These deals are extremely easy. I'm closing on a mobile home on November 1st that I picked up for $3.44 per square foot (1,782sf total). We bought it for $6K, it will need maybe $8K in repairs, there should be $5K in other costs (commissions, lot rent, etc.), and then it should sell over $40,000. These aren't worth my time on a commission basis, but I might get some extra ones under contract and assign it to you for $1,000. Any takers?
4. Vacation rentals - These are not great as investments, but you can set up a vacation rental house that will pay its own operating costs, giving you and your family a free place to take vacations. Take a look at my house at http://www.BobsPacificBeachHouse.com.
Or what ideas do you have? I've got inside access to the NWMLS (private info like days on market, search on bank owned, etc. - very flexible system versus what the public sees). I'm very willing to submit low bids and shock the lazy listing agents. How would you like to use me?
Thanks,
Bob Kelly
Summit Properties NW
peaktobeach@****
I will be building a team soon
Hi all
I thank you Gina for starting this up.
I just joined the family here on Oct 1st and finished my first DG book last week. I am definitely still in the homework and research mode right now as I need to learn my market here (like Dean teaches) and I am going to be making all the contacts I can in the mean time to build my team from later on.
I am thinking mainly assignments, and some bird-dogging initially (due to lack of money) but I am also excited about flipping when I have some money and necessary team players in place.
Just signed up for the 'Insiders Edge Event' the other day and will be doing that soon.
I also am beginning the 'Tax Lien Profit Strategies' course that is endorsed by Dean.
I will be staying in touch around here.
Best Wishes on all you do.
Steve
Newbie willling to do Bird Gogging to get started
Hi I'm in the south end and new to this been doing a lot of work down here with looking at what is going on. know a lot of good people but need to get into Bird Dogging to get my feet wet so to speek.
Please PM me and let me know what you are looking for I can find it for you.
Nancy
Hello Bob,
I am just starting out and don't really know what's ahead of me, but I want to make this work. I've talked to a couple of real estate agents, but they didn't sound too excited about making lots of low offers. I am interested in finding out more about your experience as an investor and also as a realtor. Would you please let me know what the best way to contact you is?
Thank you!
How to contact me
Check out my website for ideas on how we might work together:
http://www.peaktobeach.com/services_for_investors.html
I want to join forces with other real estate investors
I'm a successful real estate investor in Arkansas. I'm interested in joining forces with other real estate investors who may be having difficulty getting started. I have a succesful program which I am able to pick up propeties with little to no money down. I do not have to use my credit. I'm interested in teaching other investors in other areas so we can prosper together. You can visit my web site at www.nwapi.com to get an idea of what I am doing. Please contact me if you are interested. I want to pick up 100 properties in 2011. Who wants to join me?