Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Adah N.

Adah N. has started 29 posts and replied 284 times.

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Victor Ong

Agree, showing the property and doing the paperwork. No offense to realtors, most of the information is out there on MLS, Zillow and the county websites. Some county websites will even give you a list of homes sold recently along with addresses and square footage and permits pulled.

Doing the paperwork is the only one I would still not want to be bothered with if I go get a license. And the listing agent would be more than happy to do that bit in exchange for another 3%.

Even FSBO listings get multiple offers these days, because there are lots of investors out there seeking investor prices.

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Will B. Is refusing to initiate an offer from buyer enough grounds to terminate contract with agent in your state? Not sure what the laws are, but I would guess that should be more than enough to terminate.

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Joanne Eriaku

Good question. I initially started looking for rent ready properties until I realized I would only make 3% or less return on my investment in the markets I was looking. Long story short, my strategy changed along the way

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Steve Vaughan thanks. I like the idea of initiating purchase via a LOI.

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Jason James @Lydia T. @Derrick Dill thanks. Yes the plan was to use her for the first buy and move one to one that aligned with my goals.

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Joseph Cacciapaglia

Thanks Joseph, they have been 17, 44, 60, 120, 324 days. Plus some un-renovated properties sold for less(some more) than my offer in the past 0-4 months. So I did not think my offer is totally off

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Evan Polaski

She has yet to show these ones. She had in the past and to save time I suggested making a verbal offer to gauge motivation to sell before we go see. She just refuses to initiate contact.

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

@Frank Wong

Yes, yes and yes. I may still walk away if the contractor estimates make the numbers not work

Post: Realtor Refuses to Initiate Purchase

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142

I already know my realtor is not investor friendly...

I am using the BRRRR strategy to determine how much to offer on a property.

She pretty much told me she does not want to waste her time because “it is still a sellers market, no one is going to accept your offer.” keep in mind properties where built in the the 1950/60s and will need renovating. And offer is not off compared to other unrenovated properties(off compared to asking price).

Anyone had a similar experience?

Post: How To: Cash out 1-4 unit Property

Adah N.Posted
  • Investor
  • Atlanta, GA
  • Posts 293
  • Votes 142
Originally posted by @Andrew Postell:

@Adah N. this is entirely with cash.  Meaning, you are using either your cash, or someone else's cash.  This whole process is how to file your own loan.  Using Hard Money...they file the loan.

Ok, thanks