All Forum Posts by: Jay Whitfield

What type of auction are you trying to buy from?

Jay

Thanks for the information Bill G.

Jay

Thanks Brandon for the information.

Jay

Thanks Walt

Jay

Thanks Charles

Jay

Wholesale, as in putting the property under contract and finding a buyer. Selling a property without a license. I understand the real estate aspect, have a California license. Just wanted to know what was going on in other states. Thanks James for the information.

Jay

Thanks Jay and John

Jay

Has any investor have any information that you will be required to have a license if you sale over a certain amount of real estate? Did you hear of any legislation going to your state for a change in the law? Someone mention it to me, just curious.

Jay

20 years in the business, I met some good and bad people in the real estate circle. Shady contractors, loan officers and 5 people I personally know, have gone to prison for running ponzi schemes. The money is great at times and some people will do anything just to make a buck. I been approached on occasions to get involved in business propositions that look great on the surface, but just didn't sit right for me after doing the my due diligence. For me, I enjoy the business of real estate. Passion is my motivating factor, because I enjoy what I do. A lot of people watch all the reality shows dealing with real estate and say, I can do that. In this business you have to have all the right pieces and a business model. A house looks good from a photo,but what inside the walls,the foundation,pluming,the area and marketability. The out of state investing, can work for some and go bad for many. I wouldn't buy a home outside of 8 hours of driving from my house. I enjoy all of the helpful people on this site, wish I had a forum like this 20 years ago. To all. be thankful to the BP people who take time to respond to all of your questions. Good luck to all and keep up the good work.

Jay

What is the area your investing in, what i'm saying is how many sales in the last 3 months? How many houses are vacant in the area? What is the neighborhood like? Would you live in the house if you can't sell it soon? Just some rules I live by when looking to invest in property.

Jay