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Private • 585 members
Glad to be here and look forward to learning from everyone and creating wealth for my children.
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1 like • 18h
that's great @Alejandro Ferrell Where are you located
Hey everyone, so much great (and free) content here! Thanks @David Dodge for putting this group together. Just getting started in wholesaling and looking to learn all that I can. Hoping to be able to help and contribute wherever I can.
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0 likes • 5d
where are you located @Jeff Alpers
1 like • 5d
we are glad you are here
Good morning, Here is an update from today's closing. It went well. It lasted less than an hour. The Plastiq payment was an ACH not a wire; therefore, it will take a few days to post. I have to wire them the difference. I showed them the Plastiq receipt and they were fine with it. The Melio payment (Amex) did not go through. They emailed me and said they do not send money for closings. That really screwed me up bc I now have to tap into my cash. Damn, that hurts. I was trying to use OPM (Other People’s Money). Now, I have to go through Philly’s Licensing & Inspection process to find a tenant. Peace.
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0 likes • 5d
@David Dodge great tip!
1 like • 5d
@Stephen Townsend It is the only way to really learn
What up, Good People: I received a phone call from my Property Manager (PM) who informed me that my tenant, who has not paid me her rent since December 2022 has $1K for me right now. My PM went to pick it up Sunday evening before she spends it or something else happens. My tenant was scheduled to give me $1,900 Friday but Friday came and went and I did not hear from her. I learned from my Property Manager that her car was impounded Friday so she couldn’t give me the whole amount. However, I will accept the $1K w/ a smile. It is better than nothing. She now owes me $6,600 in back rent. I have been truly patient throughout this whole ordeal and will continue to be patient. Two things are happening simultaneously; I do have a Warrant of Removal but I am trying to retrieve the rest of my money before I evict her, and she will get assistance from a rental assistance special program. I am waiting on that. This property cash flows $500 a month and I have missed having my tenant pay down the mortgage. Since December, I have been paying three mortgages. Real estate is tough but it can be very rewarding. The moral of the story is don’t quit, hang in there, and good things will happen. At least this month I do not have to pay the mortgage on that property; she is covering it. Peace.
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2 likes • 5d
@David Dodge yes, seems as if that problem is only getting worse. Stop the bleeding and recover from the wound.
Hey all, looking for feedback on my VA’s numbers so far month to date. I have 1 VA calling 40 hours a week on a single line dialer. Out of the 8 leads generated so far none are really panning out to be anything. Also 8 leads for 9k dials seems low…maybe not. Any feedback would be appreciated!
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0 likes • 5d
@David Dodge all kinds of great questions
1 like • 5d
@David Dodge keep it simple just like that
Im new to the real estate investing, I hope to learn wholesaling. Looking forward to all the possibilites.
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0 likes • 5d
Where are you going to be making deals @Valerie Daniels
The call replay was added to the Classroom -> Call Replays Section HERE! Also attached is the Whiteboard with the BUY BOX and the Rental Calculator Evaluation! Great turn out today :) Your friend, Dave
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2 likes • 6d
It was a good zoom. Nice to have several on the call. Good information and dialog. Thanks, I'll be listening again for reinforcement
As we enter this Memorial Day weekend, pause and give thanks for those that gave all to protect our freedoms. Have an enjoyable holiday weekend, and be safe.
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Still haven’t connected with any people yet, Ive been cold calling and sending mailers but have yet to receive any call backs. I know I need to explore new avenues of marketing but I wonder if my voicemails just arent cutting it.. any advice for openers when getting someone on the phone or leaving a voice message? Maybe I'm going about it poorly.
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2 likes • 7d
Hey @Shannon Cahill just keep doing them....it takes some time for a hit, so keep swinging
@Mike Slane and I are starting a "Junk Removal Company" for 3 reasons!! 1) We can make money with a new business 2) We can generate house buying Leads from these customers! 3) We can SAVE THOUSANDS on our taxes from all the donations we will make when we are hired to come remove some junk that could be donated to charities / thrift stores / good will / etc.... (We plan to hire people to run it.) Thoughts on this name...?
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2 likes • 6d
Junk Removing Hunks
Im new here, and a beginner in real estate investing! I have a daughter and have been a self employed hair stylist for many years but been about real estate and the more I fed that curiosity the more I realized that there is a real passion and excitement here! I was referred to this program by Don Taylor and already love what this has to offer and excited to connect and learn with some like minded individuals!!! Anyone in the kenosha county area that would be interested in connecting, please feel free to reach out!
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2 likes • 7d
Hey @Shannon Cahill so good that @Don Taylor brought you here. You'll do well.
Hi, my name is Lynne Lambert. I am an Interior Designer and I LOVE RE! I hope to learn wholesaling, make some money and buy apartment buildings. I am so thrilled to have found this site. I hope to connect with others, build relationships and learn about REI.
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1 like • 29d
welcome @Lynne Lambert
0 likes • 7d
@Lynne Lambert get it under contract, buyers will come
where is #600? Skool is growing rapidly!
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1 like • 8d
@Robert Kvalheim I got involved midMarch and that was close to the starting time of this group
2 likes • 8d
@Robert Kvalheim Today is the start of the 3rd month. Grow says a lot about how great the content and quality are....along with the people in the group.
Hello, My name is Kemmy and i am based in Toronto, Canada. I am new to real estate investment.
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2 likes • 16d
welcome @Kemmy Ra
My grandson graduated from HS yesterday! Big weekend now to celebrate this milestone. I’ll find some time to devote to keeping up with Real Estate Skool. Florida is nice, but….not Hawaii. And I’m keeping my feet on the ground @David Dodge lol
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I'm super excited about the Virtual REIA today!! I would love to get to know some of you that are new and also see some of you that have been here for a while already. Who's all planning on attending?? The Zoom link is: https://www.discountpropertyinvestor.com/skool
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2 likes • 10d
@David Dodge did more get on the call? I'm in Hickory, NC visiting my daughter, so I'm B.U.S.Y.
Thanks for the add David Dodge! I met him at my a RV dealership i was working at. He bought the Appartment complex next door from my job and called in one day and I found out he was the owner and was intrigued because he was doing exactly what me and my wife want to be doing full time. Looking to learn as much as possible here and network 🙏🏽
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3 likes • 15d
Hey @Fred Holly welcome to the tribe
Here is the Call Replay: https://vimeo.com/826005828?share=copy Here are 50+ Ways to Find & Market to MOTIVATED SELLERS! Direct Link Here: https://mm.tt/map/2701234982?t=OtOAfRUznt I also added this video to the CALL REPLAYS Section and the FREE WHOLESALING COURSE!
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1 like • 19d
@Ro Lyn thank you
4 likes • 19d
That was a quick 50, and you have at least 50 more...impressive
Hey folks, my buddy Vince is here today to teach us all about Call Porter Live Answering for Real Estate Professionals. Call Porter is the BEST Real Estate specific LIVE ANSWERING Service on the planet. I've been using them for years... This training starts in 10 mins! Come join us :) Zoom link: https://www.discountpropertyinvestor.com/skool
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1 like • 12d
I’ll find time to watch soon.
Call Replays can be found in the Call Replay Section Here Or Directly Here! Call Porter is the world’s only, US based, live answering service & lead management system built exclusively for real estate investors—Buy and sell more property without being glued to the phone. Built By Investors, For Investors! Are you frustrated with low-quality call services, Call Porter was created by investors with real estate processes in mind. All our scripts, systems, and staff are expertly trained in all aspects of real estate and work exclusively with real estate investors. Professional Appointment Setting! Their agents are trained in qualifying and getting the appointment using our own proprietary Call Control Script System. With the schedule you give them, their agents will fill your calendar up with quality seller appointments. Trusted by Hundreds of Investors & Agents! Book a Discover Call Today! https://callporter.com/dave/ PS) Real Estate Skool folks get a Discount :)
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2 likes • 12d
I’ll watch it soon!
Sorry folks. My buddy who was going to come in and talk to us today about Ballpoint Marketing Handwritten Mailers had to reschedule so we will not be hosting this free training today. As soon as he gives me a new day/time I will get it added back to the calendar :) I hope everyone is having awesome week so far!! Your friend, Dave
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2 likes • 12d
Looking forward to the rescheduled call. I’d like to know more about this!
Sad news from yesterday Well-known real estate magnate Sam Zell passed away yesterday at the age of 81. Zell, who managed apartments as a college student, founded Equity Group in 1968, which grew to become one of the country's largest real-estate-focused investment firms. Zell referred to himself as the "grave dancer" due to his penchant for buying distressed assets.
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Rearranged my day on Wednesday morning to attend a networking function hosted here in St Louis. It was well worth it! I met some great people and learned a couple things. Networking works. Then the long drive to Florida for my grandson’s HS graduation yesterday. I’ll try to keep up while I’m here. Even saw a couple properties to investigate in Alabama.
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Good Afternoon Real Estate Skool! I'm changing the Weekly Virtual REIA time on Sundays from 6 pm CST to 3 pm CST in an effort to get MORE PEOPLE on the weekly networking calls :) Does this time work better for you? I know that 6 pm is tough for me as well on Sundays so maybe an earlier time will be better... I can change it again if there is a better time for everyone. What is the best time on SUNDAYS for you to attend a 60-minute Virtual REIA Meeting?
Poll
9 members have voted
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3 likes • 12d
Thanks for taking a poll. I’m retired, so I’m flexible!….at least schedule wise lol.
Hello, everyone!! My name is Bill and I am currently a safety manager for a large food service distribution center. I am a Husband, father, and a Jack of many-o-trades. I am looking to create an additional income stream. I hope real estate is the way to do it!!
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3 likes • 15d
WELCOM @Bill Bass! It's a good field, but takes effort on your part to do well at it. Study and apply the knowledge
I think I am going to fast, I am waiting for the new ones to come out
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1 like • 15d
take action @Robert Kvalheim
My name is Zach! I'm living in Kansas City installing office furniture full time and working on wholesaling on the side. I hope to be able to be doing wholesaling and investing full time very soon!
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1 like • 15d
Get to it @Zachary Holtgrewe
We are refinancing 6 rentals and so naturally the lender had them re-appraised. We bought them in 2021 for an average price of 91K per property. The current appriasals came in at an average of $165K per property. Over 2 years that is an increase of $74,000 per property. WOW! Assuming we could sell them at the appraised value that would be a BIG WIN of over $400K gross profit. But the tax man wants a BIG piece of that. So instead we can refinance them up to 80% and pull out close to 250K. (we are not pulling that much out but we could) . The crazy thing about that $250K that we could pull out...it is not income...so you're not paying income taxes on it. #RefiTillYouDie
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2 likes • 15d
Whee! Nice work guys
Hello everybody! I'm from the Cleveland Ohio area and looking to learn from all of you. God willing I'll be able to be someone who can give back to a newbie a year from now. Thank you in advance.
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0 likes • 15d
So glad you're here @Nick Kiussis great names think alike 😁
It is great to see training as to what is happening now!!! Not some outdating training that is years old. One training was from last century!
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1 like • 15d
yes @Robert Kvalheim it is very current
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I'm real estate wholesaler from St. Louis. Once I master wholesaling, I'll move into other areas of real estate investing. Passive income later.
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