All Forum Posts by: Garrick Oconnell

Hello @Braiden Kurowski

Welcome to Bigger pockets !

This is a great resource with endless threads to get lost in for months!

I am also currently working in the phoneix area. 

If you offer a deal with meat on the bone, that list will get active very quick. 

There are plenty of "Wholesalers" out there, I have a stack of cards 3 inches thick and receive contact from less than 5% about actual properties for sale. Only 5 percent of the emails I receive from those wholesalers are actually deals. 

Find the properties and the cash buyers will come, guaranteed!

Hi Mark, I could use some help with a CMA in Gilbert, AZ

I will friend request you. 

Thanks

Craig D. McMahon

SAN DIEGO, CA 92108

KTS-LAW.COM

Hello @Nathan Alekson sounds like you are on your way. 

Please share the details of your project, I know myself and the BP community would love to hear the details from someone who has done it on a large scale and now going out on you own.  

Robert it is illegal to take a commission from a real estate transaction without a license. 

An option is to charge a fee for an assignable contract. The easiest way to charge that fee is to find properties that your buyer would be interested in and put them under contract then sell that assignment. 

There is more to it than just assigning the contract depending on your relationship with the buyer but you can find infinite threads about that if you look here on BP. 

One can determine fair based on the market if 3% cap rate is the average in San Diego bringing a 6-10% cap rate deal to an investor would be very valuable. So anywhere $2500 to $25,000 can be fair depending on the return, market, overhead.  

I have heard of that if you have a long-standing, performing relationship with a contractor. Otherwise just pay them to do the work. Find a contractor that will take credit card and swipe it. If you are scared the property wont close escrow than you shouldnt be asking a contractor to take that risk. 

If you are in the AZ area 

Better homes concrete and granite LLC. off the 17 - 4011 N Black Canyon Hwy PHX AZ 85015

often has $99-$150 slabs pre cut no special stuff, usually 1-3 color options. (Also 50 other choices at reg prices)

ask what they have in stock 6027955151

 I was sitting two rows behind @Robert Lorenz I just got off the phone with their rep, I was researching the software. The customer service rep said they do not actually sell the software directly to users. It is sold through contracts to most likely students of RE teacher/ mentor programs. It does not seem like a replacement to access to the MLS. The rep said they pull their info from the county assessor's office so the real bonus would be access to the Cash sales that are not available on the MLS.

Manufactured homes do not really compare to stick built

the value as always in San Diego will be in the land and location, 

You should find out if the MFH has always been at its current location vs. moved, what kind of foundation it has, year, skirting type, and is it sewer or septic. 

If it is in one of those lake communities or 55 and older check the CCR's.

Financing can be very difficult on MFH that is older even if it has a permanant foundation

I don't know your market, but not posting online seems like your PM is lazy. 

Zillow rental manager is FREE and posts to zillow, hotpads, trulia, and a couple others all at the same time. You download the app on your phone then if they contact you through one of those sites it saves it in the app and emails you. 

5 out of 20 are a waste of time, then I pre-screen the rest and set up a group showing (I am in a highly desirable rental area), even if you aren't it still seems like your PM is alienating a good portion of your market.