All Forum Posts by: Eric Hairston

might I ask what a commission reduction is?

bump

Hello again bp community.

Title says it all. In addition to advertising for sellers on CL, how can I best drum up business ( My farm area is Van Nuys, CA) using a limited budget such as this? Bandit Signs? Self acquired lists with smaller mailing campaigns?

Any input is welcome and thanks for your time.

P.S.
It's funny, I've only just started marketing as of this week, and I was under the impression that buyers were harder to find, that has not been my experience. All literature I have read on wholesaling had me thinking that a simple post on CL would have my phone blowing up with potential leads. This has not been the case, but I'm trying to view leads as an abundance, not a scarcity. What are your thoughts?

P.P.S.

I am always looking to expand my network. If you are or know of any title companies, realtors, hml, or other investors who are active on bp, please consider adding me as a colleague to your network.

To your future succes,
Eric

thanks for the info.

What if the shoe was on the other foot? I've been contacted by other wholesalers wanting bring me end buyers. How would I structure a deal with them that protects me?

Thank you, that explains it to me.

Hello BP Community,

It is my understanding that in California, homeowners are allowed a right of rescission period of 5 days before any contract that they enter into is made binding. As someone who is starting out focusing mainly on assignments, is the homeowner's right of rescission applicable to me or to the end buyer? Also, would I inform the homeowners of this right verbally or have them sign a statement saying that they understand their right? How would such a statement look?
I understand that is a specific question but any input is well appreciated. Thanks for your time.

Thanks Jay. Everything in baby steps as they say.

Thank you everyone.

@Steve I grew up in North Hollywood and Van Nuys. I just came back from visiting Memphis and Atlanta this summer. The people over there are a lot friendlier, but the cooking was sort of a disappointment.

@Jackie
Thanks for the response Jackie! I'm interested in learning as much as I can so bird dogging for short sales is right up my alley. Expect a pm soon.

Hello everyone. As the title states I am new to the world of real estate investing and I currently reside in the San Fernando Valley.

My goals are to get my feet wet in this industry through wholesaling real estate. I would like to close my first deal within 2 months. I am currently putting together my buyer's list and reading up on contract assignments and double closes.

I realize that going into something like this alone will present me with some obstacles that I might not be able to handle. As such, I would like to bird dog for any investors who wouldn't mind showing me the ropes. My email is located on my profile page, and I can pm my number to interested parties so that we can begin asap.

Thanks for reading this and I look forward to becoming a part of the BP community.