Nick Wholesales Houses

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Nick Wholesales Houses

Nick Wholesales Houses

@NickMaccini

I flip and wholesale real estate from my couch. These are my thoughts!

Philadelphia, PA Katılım Eylül 2013
229 Takip Edilen2.5K Takipçiler
Dylan Boyd
Dylan Boyd@dirtycashdylan·
@NickMaccini I would I imagine listing agents don’t like a whole sale friendly contract or EMD or inspection period?
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
I have wholesaled hundreds of on market properties. What did they all have in common? They were all listed too high. High enough where my competition didn’t even bother making an offer and I was the only offer or one of the only offers.
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
Most people I talk to say it takes roughly 9 months to OFFICIALLY get someone out if said person knows the system. That’s 9 months of mortgage payments, plus an addition $15k AT MINIMUM to rehab the place and get it rent ready for a tenant to move into. Not to mention attorney fees (LLC’s can’t represent themselves in court). Get a squatter? $40k loss (ballpark). No clue why people hold non section 8 rentals in phill
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Next Philly Mayor 🏆
Next Philly Mayor 🏆@nextphlmayor·
There are major issues with the Philadelphia Sheriff's Office and evictions. Currently it is taking 12 to 16 weeks to get a lockout date, 12 to 16 weeks... that is on top of the 3 to 4 months it is taking prior to getting a judgment/lockout. Hold the Sheriff’s Office accountable. If housing is a priority for Mayor Parker and this Council, fix that broken process before adding new rules on top of it.
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Kevin Xu
Kevin Xu@kevinxu·
friend of mine finally got a house, wife, and kids never seen him more stressed in his life
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
There are so many great deals listed on the MLS if you ignor the asking price and just make the offer you need it at.
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
Bringing my TC on was such a great decision. I do ZERO TC work or paperwork or anything. No back and fourth over proper wording or bs. Wish I did it years ago. I feel so efficient right now and my team is in a great groove together
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@Handsomejefe·
@NickMaccini Lol thats a wild statement 🤣, but i get your point, hey if the government's paying why not
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
I would never have a tenant that had the ability to work. Way too risky IMO. At least in Philly
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Xeela
Xeela@AskXeela·
@NickMaccini the government as your landlord is its own special kind of headache. at least private tenants you can evict without a 6 month process
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
I think renting to non section 8 tenants is WILD. So risky I could never imagine. At least in the northeast. Section 8 pays more and is guarenteed.
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Blake J. Owens 🏛️
Blake J. Owens 🏛️@BlakeJOwens·
@NickMaccini Not jealous, I can assure you of that. The problem is... wholesalers pretend to be everything they are not. It's a "profession" built on misrepresentation. But hey I get it, whatever you gotta do to make a couple bucks.
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
The only reason that people dislike wholesalers is because of jealousy. I actually think it’s a cool and valid reason. Any other reason is clearly just cope
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
@REExchangor You picked the wrong section 8 tenants then! What’s the point of a section 8 tenant if thy are responsible for any significant portion of the rent (IMO)
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Nick Wholesales Houses
Nick Wholesales Houses@NickMaccini·
When you put out a deal, it’s the buyer’s job to pressure you into making an error (selling for less than you could sell it for). ESPECIALLY your friends. DO NOT LET THEM. Be overly transparent and straightforward that your job is to sell for as much as the market allows. You bleed for these deals.
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Jordan Santiago | Real Estate
Past two months we have received an influx of leads where short sales are the only option Sellers are on board with it as well. Is anyone else seeing this?
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