Archive for Wholesaling

Establishing Your Business Step 1: Set up a Contact Database

Investing, Time Management / Focus, Wholesaling on July 11th, 2016 Comments Off on Establishing Your Business Step 1: Set up a Contact Database

I find people getting started in real estate investing are often so focused on the details and fine points of real estate and hunting for their first deal that they skip right over the steps necessary to create a firm foundation for their business. I know these steps can seem tedious, especially if you’re raring […]

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Why I HATE Surprises! Or the Reason my Offers to Buy are so “Low.”

Rehab, Wholesaling on June 21st, 2016 Comments Off on Why I HATE Surprises! Or the Reason my Offers to Buy are so “Low.”

As I mentioned before, sellers and agents are sometimes insulted by how low my submitted offers are. “Why do you make such low offers, Nick?” you may ask. Well, I do my absolute best to be super transparent and show my seller all my costs involved in the sale, and of course, I explain to […]

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Clustered zoning, paper streets, and unbuildable lots, oh, my!

Investing, Wholesaling on April 13th, 2016 Comments Off on Clustered zoning, paper streets, and unbuildable lots, oh, my!

Had a very interesting deal I worked on for a while, and figured I’d share for those young minds yearning for some lessons — enjoy! So, I was twiddling my thumbs one day (As if that ever happens!) when an AAwesome wholesaler I’ve successfully worked with in the past contacted me and offered what I […]

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Update: Wholesale of Central St., Acton

Deal, Rehab, Wholesaling on March 14th, 2016 Comments Off on Update: Wholesale of Central St., Acton

Pa-POW! Another wholesale deal negotiated, purchased, and SOLD! The latest deal closed is 270 and 274 Central Street in Acton. An investor-friendly agent brought us this deal, which when we first analyzed it, we determined it was NOT a deal. But my resourceful partner is connected in the town and he learned that the house […]

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Ask Nick: How Do You Talk To a Potential Seller?

Coaching, Wholesaling on January 19th, 2016 Comments Off on Ask Nick: How Do You Talk To a Potential Seller?

Hi, Nick. I’ve been doing my marketing and have found a potential seller, but I’m not sure how to get the conversation started. What’s the best way to approach a motivated seller with a challenging situation? It’s been so long since we had a LEGIT ASK NICK!  Thank you Lynne for asking! The following is […]

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Cursed no more! New project in Woburn

Investing, Rehab, Wholesaling on January 11th, 2016 Comments Off on Cursed no more! New project in Woburn

First, I’ve finally achieved one of my most closely-held goals that I had just about given up on. For years, I’ve been cursed where I could never get a project closer than 30 minutes from my office or home. I’m happy to report the curse is lifted and I now have a rehab project within minutes […]

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How to Make Quick and Accurate Rehab Estimates

Investing, Rehab, Wholesaling on December 17th, 2015 Comments Off on How to Make Quick and Accurate Rehab Estimates

Being back on the hunt for rehab and wholesale deals reminds me all over again how vital it is for investors to be able to estimate and run the numbers on a deal quickly to determine the highest, best offer while keeping within reasonable profit margins. I recently saw this at work on two lots […]

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You Can No Longer Buy Foreclosures!

Investing, Wholesaling on October 8th, 2015 Comments Off on You Can No Longer Buy Foreclosures!

Well, if you or your lender insures title with First American Title Insurance Company (FATIC) or Chicago, you can’t. Big news. When FATIC and Fidelity/Chicago announced new processes for writing title insurance policies on foreclosed properties (more here from Rich Vetstein’s blog), making it extremely difficult to get an Owners or Lender’s Title Policy, we […]

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Update: Gray Street, Billerica

Investing, Wholesaling on September 16th, 2015 Comments Off on Update: Gray Street, Billerica

Holy granite, Batman! This deal came to us through a personal contact whose father, a master mason, recently died. The estate was defunct, meaning it had no assets, owed lots of money, and the bank had begun foreclosure proceedings against the home (this one as well as a second home, which will be coming in […]

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Are we in a bubble?

Boston, Business, Investing, Wholesaling on August 31st, 2015 Comments Off on Are we in a bubble?

We here at AA Real Estate Group have been busy all summer preparing rehabbed properties for sale, closing on completed rehabs and wholesale deals, and prepping new rentals for tenants. And now that I’ve got those plates all spinning, I turned my attention to the pipeline of new deals, to discover it was…..almost empty. Seriously?!? What gives? Between […]

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