Everything Else

I've always liked finding an abandon house and searching what happened to that home, why?
Some will say its a waist of time and or money driving around, really.

Yes most are foreclosed and the bank wont do assignments, should we just say ok and move on.

Don't get me wrong Im always learning, but think about this. Why don't we just negotiate the lowest price we can and then get transactional funding double close? We have our buyers setup am I missing something here?

Im looking for more input on this.

Aaron

OK so this has been my ordeal the past of couple of days, i had a deal that fell out bc the prop i was trying to wholesale or had actually assigned it to one of my buyers for 10k was cancelled.

Reason being it was occupied by the seller, it was an MLS prop I had gotten using my buyers agent for 370k & was wholesaling it for 380k & it had the condition that the seller would rent back the prop for up to a mo. after close of escrow.

Well my buyers acquisition team failed to mention to the buyer that it had that condition so the buyer backed out & all the rest of my buyers did too bc they said they could not insure the prop w/a tenant there that if she burned down the house they would not be able to be recover their investment which I understood I would feel the same way.

I found a property on Craigslist that is a 4-unit. It only shows the outside of the property which looks pretty run down. It is being advertised by a Realtor and I asked if I could set up a time to view inside. She stated they don't want to disturb the tenants so the offer will have to be subject to an inspection. How would I go about making this a wholesale deal if I can't even see what repairs need to be done? Would you pass on a deal like this? Thanks in advance for your help

Back Office in the No Flip Master Course?

Any idea I thought I knew where it was but I think I'm wrong

We all come on the DG site to gain knowledge and talk about whatever real estate question we have. Something that everyone needs and they know it is, advice...
Please Coaches give more advice or your own experiences..

I will say this.. After Dallin left I hope I spelled it right but we all know who he is, Coaches don't give advise anymore. Hmmmm

Come on guys you are our Mentors......

Aaron

Hi,

Could someone please comment on the complications that arise from becoming a Realtor while wholesaling? I am having a hard time getting responses from Realtors and was thinking of just becoming one but wanted to steer clear of any ethics violations etc.

For example, If I find a property using a bandit sign for wholesaling, would I have notify my brokerage and pay a commission to them? I understand that I would have to if the property is on MLS.

Are there other disclosures that I need to be aware of? Generally speaking, what are people's thoughts and experiences on this subject? Is it recommended or not?

Thanks,
Sonny

What has been your experience with wholesaling and finding buyers in areas with very high real estate values such as California, New York, Hawaii, etc? I would think it is a lot harder to find cash buyers. Is it encouraged to start in your own backyard regardless of cost of living or would you suggest starting in an affordable state/city if you live in one of these high value locations?

Ok so got my tix, reserved my room now going to get my flight, Edge here I come 2015!!!!!!!!!!! Who else is going? Cmon let's go.

The Edge truly changed my life, the people I met there I partnered with & did deals with which got me going in REI . Also the amazing education & networking & the energy & excitement carry you for months!

I wont miss an Edge again! soooooooo excited, can you tell?

I am currently in Dean's No Money Flip Master Class. I am extremely motivated to start making money using real estate and would like to start out by doing a few wholesaling deals to get in the deep end as fast as possible. But there are a few questions that I still have even after reading 30 days to real estate cash (and the Set for life blueprint), the Cashflow from wholesaling course and searching this forum.

4 Hour Work Week by Tim Ferris

I have heard of this book never read it but came across an article and it said he has a podcast and one of his guest is Tony Robins

If your like me Dean motivates us and teaming up with Tony to empower us even more I look for inspiration from both

So when Tony was a guest I look for it hope this can help someone with motivation and Inspiration