Foreclosure bidding agent Cleveland, Cinnicinati Dayton

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Foreclosure bidding agent Cleveland, Cinnicinati Dayton

Jay HinrichsBusiness Member
Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes

Looking to hire a foreclosure bidding person.. no need to be licensed but licensed agents would be preferred.

Job includes

1. following the sales.

2. bidding at the sherrif auctions with our funds.

3. securing the asset once we win it.

4. help marketing the asset ( not necessary but extra revenue if you can move it)

We provide the capital you provide the foot work.. looking to buy volume this job could easily be a 100 to 200k a year opportunity for someone who has their stuff together and is a hard worker and self starter.. plus knows the business.

We are experienced foreclosure buyers..  this would be a long term gig for the right person.

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Anthony GaydenPro Member
Rental Property Investor · Omaha, NE · Member since 2014 · 2k+ posts · 3k+ votes
8y

It looks like an amazing opportunity.

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  • Pari Thiagasundaram
    Lender · Fremont, CA · Member since 2014 · 292 posts · 102 votes
    8y

    @Jay Hinrichs, Do you buy in Columbus? One of the asset that we foreclosed is coming up for sale at the Franklin county Sheriff Sale next Friday. If you are interested, we can discuss this offline.

    0Reply
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    Pari I will look at it... but probably post sale.. since your a hard money lender and its a fresh sale probably not the equity position we would be looking for..

    you can send me the details if you like at  [email protected] I have done a fair amount of lending in Columbus as well.. and yes I will be working that market..

    we are looking to buy 20 to 40 homes a month in Ohio markets.. so for the right person this will be a 10 to 20k a month pay check for them..  plus full health benefits.  So wife or hubby will like that.  !!!

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  • Anthony GaydenPro Member
    Rental Property Investor · Omaha, NE · Member since 2014 · 2k+ posts · 3k+ votes
    8y

    It looks like an amazing opportunity.

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    1Reply
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    @Anthony Gayden  for the right person it is.. problem is I can't get anyone to respond.. I have one candidate that responded I figured I would wake up today to 50 responses.. for the right person this gives them what wife wants  a steady paycheck.. a BIG paycheck .. learn the foreclosure bizz from me who has been doing it 30 plus years.. health benefits  ( wife loves that ) and we control our inventory and feed the fix and flip community deals..

    buy us buying at sherrif sales the end buyers can then line up their hardmoney loans as title insurance can then be gotten.. no title insurance at sherrif sale so its cash and carry and we take the title risk.

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  • Christina CareyPro Member
    Real Estate Broker · Dayton, OH · Member since 2010 · 245 posts · 186 votes
    8y

    @Jay Hinrichs I have someone to recommend who can help you with this in Dayton.

    [email protected]937-709-3355
    1Reply
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    @Christina Carey  thank you send them on.. are you realted to Darrin ?

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  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    @Christina Carey  management position will have to cover multiple markets..

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  • Christina CareyPro Member
    Real Estate Broker · Dayton, OH · Member since 2010 · 245 posts · 186 votes
    8y

    @Jay Hinrichs - Gotcha ... that's what I get for not reading the entire post. : )

    [email protected]937-709-3355
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  • Darrin CareyPro Member
    Lender · Dayton, OH · Member since 2008 · 1k+ posts · 705 votes
    8y

    10 years ago, I would have jumped at the opportunity. Now, I'm certifiably unemployable.

    1Reply
  • Kerry Boyle
    Lender · Bethesda MD · Member since 2017 · 283 posts · 123 votes
    8y
    Originally posted by @Jay Hinrichs:

    Looking to hire a foreclosure bidding person.. no need to be licensed but licensed agents would be preferred.

    Job includes

    1. following the sales.

    Jay,

    Is your end game just to immediately sell on MLS and pocket the advantage of buying cash at foreclosure? It seems to make sense... I think there is up to 90 days redemption in Ohio, is that something you accounted for already? I'm a bit off topic from your original question, but very interested in your plan so if you want to change to PM, feel free.


    Thanks!

    0Reply
  • Paul AmegatcherPro Member
    Rental Property Investor · Brookville, OH · Member since 2016 · 488 posts · 363 votes
    8y

    Originally posted by @Kerry Boyle:
    Originally posted by @Jay Hinrichs:

    Looking to hire a foreclosure bidding person.. no need to be licensed but licensed agents would be preferred.

    Job includes

    1. following the sales.

    Jay,

    Is your end game just to immediately sell on MLS and pocket the advantage of buying cash at foreclosure? It seems to make sense... I think there is up to 90 days redemption in Ohio, is that something you accounted for already? I'm a bit off topic from your original question, but very interested in your plan so if you want to change to PM, feel free.


    Thanks!

     Kerry,

    I believe Ohio only has a 30 day redemption period after the sheriff sale.  Most of the time the sale of the property is not confirmed until the redemption period has expired.  It usually takes about 45 days from when you win the auction to getting a deed if the foreclosing attorney is on the ball.

    0Reply
  • Paul AmegatcherPro Member
    Rental Property Investor · Brookville, OH · Member since 2016 · 488 posts · 363 votes
    8y
    Originally posted by @Jay Hinrichs:

    Looking to hire a foreclosure bidding person.. no need to be licensed but licensed agents would be preferred.

    Job includes

    1. following the sales.

    2. bidding at the sherrif auctions with our funds.

    3. securing the asset once we win it.

    4. help marketing the asset ( not necessary but extra revenue if you can move it)

    We provide the capital you provide the foot work.. looking to buy volume this job could easily be a 100 to 200k a year opportunity for someone who has their stuff together and is a hard worker and self starter.. plus knows the business.

    We are experienced foreclosure buyers..  this would be a long term gig for the right person.

     Jay,

    I sent you an email.  I'm interested in this opportunity. Thanks

    Paul Amegatcher

    0Reply
  • Rob Drum
    Real Estate Broker · Bradenton, FL · Member since 2017 · 544 posts · 363 votes
    8y

    @Jay Hinrichs If you ever decide to roll this strategy out in Birmingham I would definitely apply. Sounds amazing!

    0Reply
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    @Marvin S.  this is a OHIO specific opportunity not nationwide.. appreciate your reponses.

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  • Ron Bailey
    Wholesaler · Columbus, OH · Member since 2016 · 3 posts · 0 votes
    8y

    Hi, Jay i have tons of inventory currently in those areas of Ohio now looking to move at deep discounted prices all the way for 7k to 50k with lots of equity after ARV, just let me know if you are interested at [email protected], Thanks or call 6144346053

    0Reply
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y
    Originally posted by @Rob Drum:

    @Jay Hinrichs If you ever decide to roll this strategy out in Birmingham I would definitely apply. Sounds amazing!

     I already buy in B Ham not a lot maybe 3 props to 5 a month.. just closed 3 this week.

    I am open to the conversation.. my guy there goes for a specific asset class I would not want to compete with him.. but we can chat about it..

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  • Chris Gibbs
    Investor · Portland, OR · Member since 2015 · 70 posts · 56 votes
    8y

    @Jay Hinrichs Really wish I could work with you in Portland!  Hope you find the right person for the job.

    P.S thanks again for you advise you gave me on the triplex I bought in Gresham a year ago its worked out great!

    1Reply
  • Jake Walroth
    Investor · Cincinnati, OH · Member since 2016 · 208 posts · 157 votes
    8y

    @Jay Hinrichs Hey Jay, I’d be interested to learn more about the opportunity. I’m a buy and hold investor in Cincinnati with a full time W-2 job. 

    I’ll be out of the country until Oct 29, but would like to speak further on the job, it’s sustainability long term, etc. 

    Regards, 

    Jacob Walroth 

    514-713-4182

    0Reply
  • Jay HinrichsBusiness Member
    OP
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    8y

    @Chris Gibbs  my pleasure Chris  have you seen the new product we are building out on 282nd and Orient.. I have 23 more going there 429 to 459k... bring us some buyers :)

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