So last time I wrote I told you I bought a foreclosure house in Miami. Since them, I’ve been remodeling it inside out and its looking pretty neat. Check it out:
Nice Huh? I however just recently found out the copper piping was stolen while the house was vacant. I am angry about it, but what can I do. I searched for reviews on Yelp and found a plumbing company with good reviews and a nice website, Super Plumbing, I though I’ll give them a call. Turns out I knew the guy! Can you believe it? I went to school with him back in Morocco. He’s been living in South Florida for the last 20 years. I haven’t seen him in 30 or more. I gave him the job, he is replacing all whats left of the copper piping with brand new PVC. I think it is a well worth it as an investment, and that way I can forget about the plumbing forever.
I am also in the process of buying another property, I found out that I could buy wholesale real estate, which is often better than having to bid for foreclosures. I searched online for Real Estate wholesalers in Miami, and I came across DistressedRealEstateSolutions.com. Long name, but the guy that runs this site is a sweetheart. His name is Omer Reiner, and he has such good reviews on his site, that it is a no-brainier the guy knows what he is doing. He explained he buys leads from realestatewholesalerleads.com and then contacts the homeowners. He solves their problems and buys their house for cash for way less than market value, and simply resells them for a couple thousand. What do you guys think? Should I buy from him, or should I do the same thing he does where I buy a lead, and then buy the house directly from the homeowner. I an no real estate expert, but I’m sure there are legal issues, liens, and other stuff than you need to take care of before you can buy a house for cash. I also heard he is working on a site to generate these leads, he works with an SEO company in Miami that specializes in this type of things.