troy

I wanted to know how many CA's are you guys doing a month? I havent did a L/O yet but i have did wholesaling. Just been running into problems of trying to do L/O. Homeowners are not just motivated. I am located in indianapolis< IN. Could someone tell me what i am doing wrong? My goal is to do 2 Ca's per month with average profit of 4k-5k per deal.

I have been going into chat rooms and advertising. I have found 4 sellers that would like to know more about selling their home on L/O. Found them in less than an hour. Some of them told me that they have some friends that are trying to sell their house also, and that they are going to refer me to them.

I haven't ordered the manual yet, but I am. I have been doing wholesaling. 3 properties a month, profit between 2k-6k. I have passed up deals because I didnt have another exit strategy, LEASE OPTIONS. If I knew this 9 months ago my profits would have been around 15k a month. I am going to learn everything about L/O.

Could some of you NICE investors on here tell me what kinda ads and flyers you guys use to find sellers and T/B. Pls give me some examples that bring the T/B and sellers come runnin. Also is using FSBO sites good? I see alot houses on a FSBO site here in indianapolis, old listings. How about a realtor? I have friend that is realtor and he said he would give me expired listings. I asked him could he mention iit to the homeowners when there listing expires and he said yes, is that a good idea

When doing SLO should I go for an LLC or S Corp? I know S Corp is used when you are not holding any property, but since I am going to be doing SLO I will be holding property, right? Please explain.

What contract would i need to do a CA or a Sandwich lease What is a pure option?

JONATHAN REXFORD how do you get sellers calling you? Why should i get a longer L/O with the seller then the T/B

1. What happens if the seller dies or goes to jail while I have 4yr L/O on the property and T/B have 2yr L/O with me? Explain Pls 2.Should I do longer L/O with the seller then the T/B? Ex. L/O with seller for 4yrs with T/B 2Yrs. Explain Pls 3. Should i only target Nicer areas and homes? Like homes that are like3-5 yrs old? 4. How much rent credit should i offer? I see some people giving 50% rent credit 5. Should I start calling FSBO first or getting a database of T/B?

I have a question about homeowners in foreclosure Example Lets say I found a house in foreclosure. Mortgage owed 100k comps 105k Arrears 4200 How would i do a LP with this. Do any of you guys work with pre-foreclosures. I have this woman I know in pre-foreclosure. here are the numbers Mortgage owed 62k Arrears 6k Brought it 5 years ago for 59k refianace Needs comestic repairs, carpet & paint Montly payemts 560 Could i do anything to help her!!!

MichaelC I meant by: Find the T/B by calling RTO and asking them to give the names and numbers of candiates that arent interested in the property This is how I was going to find interested buyers that is looking to lease a property. Is to look for ads that say RTO and call them and ask them if they could give me the names of canidates that called about the RTO ad and not interested in the property I thought this might be a good way to build my T/B database. Also if I ordered the LP manual, how would i recieve it? By email or mail I'm not sure what you mean. If you clarify this I can try and answer. Marketing is key, to be sure. The problem is, what happens when your marketing produces results? What will you say and do? The paperwork and agreements you use are dependent upon the type of deal. For example, the Cooperative Assignment contracts are specifically for a CA deal, and are quite different from a sandwich lease type of lease purchase deal. Contracts can be had either from an attorney, or through the purchase of a course that includes them. I think so. But I'll leave that for others to answer.

I am newbie to L/O. So it works like this *Get a database of T/B & Investors, Find the T/B by calling RTO and asking them to give the names and numbers of candiates that arent interested in the property *Start calling FSBO, FRBO and advertsing in my farm area. Get the my name out there. *What contracts would i use? Would i use cooperative assignment(CA). Where could i get the contracts? *Does LP manual teach you every thing you need to know about L/O? So a deal would go something like this Call FSBO, finds out he interested in doing L/O. He is paying 750 a month on a 110k mortgage. He just wants to get out from under mortgage. I look in my database and find T/B who is interested. I tell the seller I will L/O for 1050month. I tell the T/B 1050 month plus 3500 downpayment. I assign the contract with CA to tentant for 3500. Thats it right. What contract do i use with the seller? Is the CA the only contract i use with tenant? Also is there anyone from indianapolis, IN Would really apprecated the feedback

I am wholesaler in indianapolis, IN. I wholesale anywhere from 3-5 properties a month. I am kind of new to L/O. I want to wholesale L/O . Could any one give me info or PDF files about wholesaling L/O