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All Forum Posts by: Keaton Sherman

Keaton Sherman has started 5 posts and replied 22 times.

Post: Marketing as a realtor/investor

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

For those that are active realtors and investors how do y’all market on social media, flyers, letters, signs and other material as a realtor and investor? Do you just disclose on your cash offer material that you are a realtor? Is there a way to word it that you could advertise that you could offer cash as is, or help sell/buy their house?

Post: Realtor and investor

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2
Originally posted by @Will Barnard:
Originally posted by @Keaton Sherman:

Ok I just got licensed and wanted to now start towards flipping houses but heard it makes it a lot more difficult. But doesn’t seem like it would make it any harder

Who told you that being a licensed agent makes flipping a lot more difficult? That is the silliest thing I have ever heard in real estate. Having a license allows you access to MLS, ability to rep yourself at purchase and exit, ability to get referral fees legally, knowledge and training from your broker on agency, contracts, etc and the list goes on. When you sell or buy, all you have to do is make a one line disclosure that the buyer or seller is a licensed agent. Simple as that and end of story, no downside.

I heard it from a local investor that it made it harder if you were licensed but it really doesn’t make sense except for the disclosure but that should be done regardless really

Post: Realtor and investor

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2
Originally posted by @Greg Dickerson:
Originally posted by @Keaton Sherman:
Originally posted by @Greg Dickerson:

@Keaton Sherman I have been licensed my entire career and it has been an asset. I have saved millions and it also gives you authority and credibility with sellers especially when you tell them you are an investor first. People can hate realtors sometimes because of the fees they get but they do trust them as authorities in the space.

Ok thank you! Just wish I could find a property now. I feel like I'm stuck in finding one I thought the MLS would help. But I'm just having no luck lol

You will get one eventually. Look for vacant properties that have been on the market well passed average days on market and that have had price reductions and make an offer as is cash at the price that works for you. I do this verbally as to not waste a bunch of time.

Also go after expired listings that have been for sale for a while especially vacant houses and make an offer where you need to be. 

Bottom line you need to be making a lot offers. You never know what a seller will do once they receive an offer.

 I probably should do that. I guess I haven’t put in offers. Just go off the numbers wholesalers send me 

Post: Realtor and investor

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2
Originally posted by @Greg Dickerson:

@Keaton Sherman I have been licensed my entire career and it has been an asset. I have saved millions and it also gives you authority and credibility with sellers especially when you tell them you are an investor first. People can hate realtors sometimes because of the fees they get but they do trust them as authorities in the space.

Ok thank you! Just wish I could find a property now. I feel like I'm stuck in finding one I thought the MLS would help. But I'm just having no luck lol

Post: Realtor and investor

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

Ok I just got licensed and wanted to now start towards flipping houses but heard it makes it a lot more difficult. But doesn’t seem like it would make it any harder

Post: Realtor and investor

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

How much does being a realtor actually effect flipping houses and being an investor? Mainly wondering about those in Texas

Post: Finding my first flip property

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

My real worry is losing the private lender. He’s willing to lend 100% of the flip, purchase and flip 

Post: Finding my first flip property

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

@Chris Christensen I am a new realtor so learning the MLS right now so hopefully I'll be able to find some myself soon

Post: Finding my first flip property

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

@Chris Christensen sorry just saw this reply somehow. The private lender I would be using likes to stay less than 65% of the ARV. Most of the time the wholesalers send me good deals but when I look at the real market ARV they are normally $20k below what they are saying it is. I really wish I knew how to find the deals by myself.

Post: Finding my first flip property

Keaton ShermanPosted
  • Realtor
  • Fort Worth, TX
  • Posts 23
  • Votes 2

I’m trying to find my first house flip in the DFW area but feel completely stuck. I have a few local wholesalers in the area sending me properties but the numbers never work. What is a good way to find wholesalers in the area? Or find my first property. I have a private lender with the money ready I just have to find my own property.

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