All Forum Posts by: Stephen Schoon
Stephen Schoon has started 9 posts and replied 58 times.
Post: Roofing and Window contractor in Columbus Ohio
- Concord, NC
- Posts 62
- Votes 20
Post: Lease price per square foot averages by zip code for Columbus
- Concord, NC
- Posts 62
- Votes 20
very cool! what a great resource, rob! thanks so much. it'll be fun to see the discussion this creates as well.
Post: Plumber (Grove City)
- Concord, NC
- Posts 62
- Votes 20
thanks, @Tyler Walker
Post: 2nd Deal - BRRRR Strategy Using FHA On German Village Duplex
- Concord, NC
- Posts 62
- Votes 20
nice job! Looks great and i love the whole process and strategies you used!
Post: Plumber (Grove City)
- Concord, NC
- Posts 62
- Votes 20
Originally posted by @Tyler Walker:
Yes. Ben Franklin Plumbing in Grove City. Have sent them out three times now. Job gets done and bill is reasonable.
Ive seen their vans on the road. Do you know how big of a company they are?
Post: RE wholesaling in Florida is highly illegal?
- Concord, NC
- Posts 62
- Votes 20
Originally posted by @Bill Gulley:
1. Very easy to show when the guy has been involved in several deals and never closed one, easy to show the guy was broke and couldn't perform. The reason he walks away is to keep from breaking laws, screwing around with people.....OR, doesn't walk away and learns how to close in his name without his own money, at that point he will have the intent and ability to buy.
2. It is the intent of the law that can land you in trouble, not just the letter of it.
3. No, that's debate, straw man is a middle man facilitating a transaction between a real buyer and seller in a business transaction, the concept was around in the 1800's when the railroad was buying land for expansion, not a new term or concept.
4. Buyer's agency???? Understand "The Laws of Agency" in business law, different types, certain acts or even lack of action, create an agency between an agent and principal under law, you don't need no contract, or stink'n badges, lol. The fact that a guy tries to find a real buyer to facilitate a transaction for the benefit of the owner, and at a profit or not, can constitute an agency relationship by law.
There is never a good reason to do the wrong thing, wholesaling by assignment is the wrong thing to do, close in your name then sell it. Just learn how to close without your own money, not hard to do. :)
With regards to your epilogue (and given most this thread seem to be about assignment), what's your take on double closing then? under the assumption that the wholesaler DOES have sufficient funds? 6 of one half a dozen of the other?
Post: Recommendations for a good property management company in Ohio?
- Concord, NC
- Posts 62
- Votes 20
@David Stone check out @David Panzera at panzera realty. there's another active bp member who pm's as well, but for the life of me i cant remember his name right now :/
Post: New member from New Albany OH
- Concord, NC
- Posts 62
- Votes 20
Originally posted by @Jonathon Carpenter:
sorry off topic.. How do i reply with someones name? Like @name? i typed it in but not sure if thats right.
What Andrew said, with one exception... Doesn't work on mobile app
Post: Columbus, Ohio - Columbia Gas' Insane Billing Practices
- Concord, NC
- Posts 62
- Votes 20
So have you all verified this is just a Columbia thing? Given how many mailers I get from other companies wanting me to switch over I know there are other options. Do other providers do the same?
Post: Zero to 80 deals in 3 years in Columbus, Ohio
- Concord, NC
- Posts 62
- Votes 20
grats, John! From reading all your posts, I thought you had a lot more time in the business. Nice to see how far you've come in 3 years!