All Forum Posts by: Nicholas Zinner

@Christopher Phillips Thank you very much! That was a great post with a good idea. Fortunately, I work with a lot of investors and I have purchased many REO properties. I have heard the commissions are not amazing on listing side, but I would like the opportunity still to have more deals and be able to build a larger team that can feed off these.

Thanks again!

@Phil Z. Thanks Phil, how does one go about that? Or what are the qualifications?

@Alex Deacon Thanks a lot for the input! I continuously see new flip properties hit the market and when I check the tax records, they are purchased from sheriff sale. So if I want to be a big dog in this market I need to get a piece of those deals. Or find some great off market deals. I am sure there is a lot of risk with it, but I think some research could limit it a bit. We will see. thanks again!!

Hey Everyone!

So the MLS is a bit dry and very competitive. So I am looking to do some off-market marketing. I am also looking to get into Sheriff Sales (Auction). Funding is not my issue, the amount of deals I want are.

The question is.... How does the Sheriff Sale work? and what do I look out for specifically?

I have been to a sheriff sale, my area needs 10% down payment right then and there. But I am wondering what fees to look out for. How do you know of any liens? Do I run a Title search on every property I am interested in? Will a title search catch everything?

Thanks so much for your time!

Hey Everyone! 

So the MLS is a bit dry and very competitive. So I am looking to do some off-market marketing. I am also looking to get into Sheriff Sales (Auction). Funding is not my issue, the amount of deals I want are.

The question is.... How does the Sheriff Sale work? and what do I look out for specifically? 

I have been to a sheriff sale, my area needs 10% down payment right then and there. But I am wondering what fees to look out for. How do you know of any liens? Do I run a Title search on every property I am interested in? Will a title search catch everything?

Thanks so much for your time!

@Bob Okenwa I agree, that was going to be my first attempt. Just call and email away! lol. Thanks!

@Wayne Brooks I am sure it is dying slowly, but I wouldn't mind a few extra listings a year for my team to manage for me. Who knows, with my network I can probably sell it to my own investor!

Thanks gentlemen!

Hi Everyone! I have been scanning through some previous posts on this subject. A lot of the discussions were from years ago. Looking for some updated information if possible.

I am a 2nd year Real Estate Agent and I also flip houses with investors. I raised a little over $2 million and have purchased about 7 properties in last 6 months. I focus in NJ, specifically Monmouth County.

When I buy properties from MLS, I review the listing agent to see who I am working with. 9/10 times these agents are REO agents and I am seeing some of these REO agents with 100+ listings.

How do they get these listings?

Why were they picked?

What is the process or qualifications?

I completely understand how to value a property. I am in REO properties everyday looking for my investors, so I know the extent of them. I have cash to 'front' for repairs. I have knowledge in budgeting repairs and renovations. I also have a list of investors outside of the investors who have invested with me that are always asking me for deals.

I really feel I am a great candidate for an REO agent and can be a great addition to an Asset Manager's team. I am also an Air Force Veteran so with Military experience I know how to work on a team, take precise instructions from someone in a leadership role (this scenario, an asset manager), and work hard.

Where do I start?