All Forum Posts by: Henry King

I have no idea about wire. 

This 3 Bed/ 1 Bath property is located on the West side of Cleveland.  Newer Plumbing and electrical.  Some paint and updating of fixtures will be needed to make the house rent ready.

Property should conservatively generate $725-$785 in rent. 

Comps are $25k-$30k.

Cash Deal only; Price $16,900. 

For serious inquiries feel free to call or message.  440-941-6071

44109 area code.

This 3 Bed/ 1 Bath property is located on the West side of Cleveland.  Newer Plumbing and electrical.  Some paint and updating of fixtures will be needed to make the house rent ready.

Property should conservatively generate $725-$785 in rent. 

Comps are $25k-$30k.

Cash Deal only; Price $16,900. 

For serious inquiries feel free to call or message.  440-941-6071

44109 area code.

I would like to connect with any wholesalers in Youngstown, OH.  Thank You!

Thank you guys for all the input.. It has been helpful!

Yes I'm doing assignments.  The residential properties I sell are typically less than $20k; so I get both investor's and retail buyer's who have cash.  I have come across investors who are not familiar with contract assignments.

I am hesitant to allow the buyer to choose the title company.  I've done this in the past and there was a lot of confusion because the title company wasn't used to dealing with contract assignments.  To ensure the deal closes efficiently I prefer to use mine.

Hello All,

I have been running into problems lately with potential buyer's questioning my ability to sell a property I don't own.  I try to graciously tell the buyer that I control the property on paper and a professional title company will handle the transaction.  I also encourage them to consult with an attorney if needed.  This doesn't seem to be good enough for some.   I refrain from getting into a detailed explanation of the wholesaling process for obvious reasons.  I could show the buyer the contract I have with the owner but I am reluctant because it could be used for leverage when negotiating price. 

I was hoping to get some suggestions on how to deal with this issue.  What do you tell your buyers who question your legitimacy? Thank you!

Okay thank you much..

Hello All,

I was hoping someone could recommend a good real estate attorney in the Cleveland area. Someone who is responsive and able to close wholesale transactions. I am also in search of an experienced business attorney. Any help would be greatly appreciated. Thanks

What do you have?