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Real Estate Learning Community

Public β€’ 62 β€’ Free

6 contributions to Real Estate Learning Community
Wholesale closed today, $27k fee
Big win today! Partnered with a buddy of mine to seal the deal on this beautiful home. It's got a nice (well, soon will be nice) pool and backs up to a small neighborhood lake / pond. Really nice home tucked away in a quiet neighborhood in Easley!
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New comment 10h ago
Wholesale closed today, $27k fee
1 like β€’ 11h
@Rebecca Lehde Thanks!
1 like β€’ 11h
@Andres Mendoza Just calling lists tbh. I need to start driving around and calling / mailing but just haven't yet.
Putting together a buyer list
Alright y’all, I’m working on putting together a small list of buyers who are ready to get into their next project(s). I would prefer folks who are looking to invest in or near Greenville, but I’m also not picky. If you are looking to get your next property, or know someone who is eager to begin their next investment, please reach out to me!
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New comment 5h ago
Putting together a buyer list
2 likes β€’ 13h
Please add to your list. wilreichard@gmail.com
Lots in Taylors
Who's looking for starter home lots in Taylors -- zoned for Eastside High school, Wade Hampton High school and Brushy Creek Elementary? Reach out to me directly and I can share the info. (864) 561 5057. Feel free to send me your emails and I can send info there.
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New comment 1d ago
Howdy
Hey yall! My name is Wil Reichard. My wife (Jenna) and I just moved back from Maui, HI back in September. We have a 6 month old baby girl and I'm getting back into real estate investing full time since moving back to Gville. I've flipped a few homes, owned a few rentals and flipped some land but currently I just hold an industrial building and a STR (when we're not living in it haha). I'm very curious about mobile home parks and continuing my education on the benefit's of industrial buildings! Three things about me: 1. I love being in / under water whether its surfing, free diving, spear fishing, etc! 2. I love volleyball and pickleball 3. I have an amazing wife and a beautiful little girl that smiles 24/7
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New comment 2d ago
0 likes β€’ 2d
@Myles Berrio It's such an exciting asset class! I stumbled into it and I LOVE IT.
Double Closing a Deal in Anderson
What's up yall! This deal happened over the weekend and I felt the need to share it along with give @Myles Berrio some props! A wholesaler (Let's call him Mike), reached out to me two weeks ago and asking if I'd be interested in this fire damaged house in Anderson for $30k. I went to look at it, had a contractor quote the repair work and I decided the deal was just too thin and risky for me. I told him I'd probably be at $15k I'd probably just turn it around and list it on the MLS. I didn't know at the time that Mike had it under contract for $16k. He told me it wouldn't work so I offered to partner with him and bring in some of my buyers for a 50/50 split and he agreed. Here's the numbers. Mike locked it up for $16k. I got together with someone I knew who said they'd be a buyer at $20k. I called Mike and told him since it was so thin, I'd just connect my buyer to him and told him to forget about splitting the fee 50/50 since it was so thin. He called me back and told me after some thought, he'd rather just do the deal with me. We agreed on a number and instead of closing, then listing on the MLS, Myles suggested I throw it up on FB marketplace to see if anyone would take it now as opposed to waiting on closing. About 24 hours later, I had a contract signed to an end buyer and I plan to double close by the end of the month. This deal required one drive to Anderson, some back and forth negotiating and one post on FB. This resulted in a 15k assignment fee. Thanks to Myles for recommending this instead of closing then flat fee listing on the MLS!
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New comment 2d ago
Double Closing a Deal in Anderson
1 like β€’ 2d
@Myles Berrio Thanks for letting me bounce those questions off of you brother!
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@wil-reichard-2963
Own industrial and a retired STR. Looking to get into multifamily or mobile home parks.

Active 11h ago
Joined Nov 9, 2024
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