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All Forum Posts by: Cecilia Hake

Cecilia Hake has started 3 posts and replied 6 times.

Post: Renatus, Have you heard of it?

Cecilia HakePosted
  • Minneapolis, MN
  • Posts 10
  • Votes 0

If everything you need to know to be successful in real estate investing is online and through networking, then how come everyone isn't financially free yet? 78% of working people are struggling pay check to pay check...

Post: 35 parcels for listings in Southern MN

Cecilia HakePosted
  • Minneapolis, MN
  • Posts 10
  • Votes 0

Any land developers, investors, or large home builders interested in 35 parcels for listings between Owatonna and Dundas, MN. All gravel pits. Let me know if interested 

Post: Closing Costs for wholesale????

Cecilia HakePosted
  • Minneapolis, MN
  • Posts 10
  • Votes 0

It's off the market because the seller did not want to deal with putting it on the market. I had contacted the agent letting him know what type of houses I am looking for. He then contacted me saying would you be interested in a house that's not on the market yet? So we are using an agent but I did not find it on the market. 

So since I don't have a specific buyer yet, they know that they will pay closing costs? 

Thank you 

Post: Closing Costs for wholesale????

Cecilia HakePosted
  • Minneapolis, MN
  • Posts 10
  • Votes 0

I found a property off the market and the seller was motivated. Right now the agent that the seller is using put together a PA and I asked if the sellers are paying the closing costs. The sellers and agent know I am going to assign this property, so he told me to talk with my group of investors that I'm going to assign this to (which I do not have an official buyer yet) about what I should do for closing costs.

My offer: 310,000

Rehab: 30,000

ARV: 425,000

I was wondering if anyone could help me out on what I should do next in this situation? How much are closing costs going to be for $310,000 all cash?

Any advice would help.

Thanks!

Post: Exclusive or Non-Exclusive Realtors??

Cecilia HakePosted
  • Minneapolis, MN
  • Posts 10
  • Votes 0

well I am going to pay the realtor I work with, of course. But I've learned from a program that I went to, they said to make sure when working with a realtor it's not an exclusive contract. So that I'm able to work with other agents. (Paying them both) 

Post: Exclusive or Non-Exclusive Realtors??

Cecilia HakePosted
  • Minneapolis, MN
  • Posts 10
  • Votes 0

Hello,

My name is Cecilia Hake and I am fairly new at real estate investing. I have invested in a program that has allowed me to go to a few different 3-day workshops. In the workshop, we were told to work with realtors who are Non-Exclusive. I am working on finding a realtor to help me through my process. I have two really good realtors who I have met with both, and I want to work with both. The problem is, they both have Exclusive contracts for me to sign. 

Any advice on what I should do? Should I chose one or the other, ask them if they would consider non-exclusive, or walk away from them and find a different realtor that is non-exclusive?

Any advice would help. Thank you!