All Forum Posts by: David Taylor

Good Morning Fellow Investors,

So, I’ve been hearing this in various places and on various mediums of real estate investing that wholesalers should get their real estate license to appear more legitimate. However, isn’t that the same a just getting another job? From what I understand, and correct me if I’m wrong, that in order to get your license in Georgia you have to be sponsored by an agency. They sponsor you because they are expecting you to work for them. Is this true or is there some other way of doing this? Thank you and happy investing.

Thanks everyone for the advice. However, I do have a question. I think I may have been confused while reading this BP book but I’m mistaken. Ultimately the book is telling us to build a rapport with real estate agents for market information. If that is the case, then how would that work as a mutual partnership. If wholesalers can’t do work with realtors and the properties they represent, what can wholesalers offer to realtors? 

@Wilma Matos Thanks and I would love to connect.

@Michael Dumler Okay, and thats fine. I only ask because I was reading one of the BP books that mentions working with real estate agents. Therefore, that’s where I’m mainly getting my information from and why I was curious. Also, why would I want to get a real estate license? Correct me if I’m wrong but in Georgia, you have to get sponsored by an agency and then work for that agency after getting your license. Therefore, wouldn’t I have just be getting a job where I work for someone else or am I wrong? Thanks.

@Bruce Lynn Thanks for the advice and sorry I wasn't too clear. I'll share a recent experience to maybe help clarify. I had two properties I saw on Realtor.com that were on the market longer than 30 days and wanted to see if I could reach out to the realtor and maybe offer some help with finding a buyer. However, the first realtor was nice and everything and kindly said he didn't work with wholesalers. The second realtor, after saying I was a wholesaler, ghosted me completely. I felt confused because within a single day I felt like trying to deal with properties represented by realtors was difficult. I was looking to work with realtors who, are okay with my process of investing, and who would let me know about properties they are having trouble selling. But if that is a problem, then should i focus solely on FSBO properties?

Good Afternoon Fellow Investors,

I am a wholesaler operating Northeast of Atlanta and I've been looking for wholesaler-friendly real estate agents. I have met some real estate agents at local meetups but most don't like working with wholesalers. Thus, I'd like some advice when it comes to finding agents who are willing and understanding of wholesalers.

Thank you and happy investing.

Good Afternoon Fellow Investors,

Just a quick question. I've been researching methods of advertisement, digital and physical. I came across door hangers because I live in a neighborhood where that is used a lot. I just learned that hanging door hangers or advertisements in general on someone's personal residence requires a permit. My question is, how difficult is that process typically to get a permit, and are there any pitfalls I should be aware of? Thank you and happy investing. 

Good Afternoon Investors,

I am a new wholesaler and learning how to do business. However, while getting things together and gearing closer to starting my endeavors, I encountered a roadblock concerning advertisement. I've attended local meet-ups and passed out business cards, but I had a question about signs, flyers, and door hangers. Are these physical forms of advertisement still effective or is there a better method of reaching the masses? Also, I read other forums on BP about bandit signs and saw a lot of division and not a lot of constructive feedback about their use. I ask about those signs because I've seen a lot of bandit signs, that aren't real estate related, around the areas I do business and just wonder if should I do the same. Thus, I'd like some advice on advertising effectively and without getting into trouble. Thank you for the advice and happy investing. 

Thank you, everyone, for the advice and guidance. 

Good Day, fellow investors,

I have been looking for real estate agents in my local market and had a meeting with an agent recently. The agent mentioned an exclusivity contract and I wanted to ask what everyone's take on it is. What are the pros and cons of signing it or is it better to not? Thank you for the advice and happy investing.

Thank you, everyone, for the feedback. I figured it would be better to get a contract made by an attorney. Doing my best to do things by the book.