This Is for everyone's reference who comes to this thread and are wondering what we do and why these 2 people are upset.
We are wholesalers. Literally. We Go after properties that are either rent ready or don't need much to be rent ready. Now to provide extra comfort and convenience to our buyers (who are mostly out of state) we agree to help them out by getting them set up with local property management that we work with closely as well as assisting management market the property for rent to place tenants. If the property we sell is in need of rehab we agree to take a portion of our assignment fee and fix up the property to make sure its rent ready. Typically these repairs are mostly cosmetics. If more important items such as plumbing, electric or mechanicals are not working we will also address that for them but typically we avoid those kinds of properties if its to extensive.
For those who are familiar with wholesaling you fully understand that to wholesale none of what we just mentioned above is necessary or obligated to be done in order to wholesale. That being said WE CHOSE TO DO THIS.
so to the 2 so called "investors" who are here trying to slander us claiming we are "scamming them" or trying to convince them to buy a property under these conditions.....thats false as none of this is necessary to wholesale a deal and make profit......
Over half of these investors arent even familiar with what wholesaling even is and so when they get upset about something that has to do with their property....because we offer to help them out....they immediately point the finger at us as if whatever happens to their property is somehow our fault.
That is why these 2 are here complaining!! Nothing more nothing less! its a simple matter of them being uneducated on what wholesaling is and they fail to realize that anything we do for them after closing is to help them and is a mutual agreement.
NO THE ASSIGNMENT FEE IS NOT YOUR MONEY. IT GOES TO THE WHOLESALER. THEREFORE YOU CANNOT FORCE A WHOLESALER TO INVEST IN YOUR PROPERTY OUTSISE OF WHAT WAS AGREED ON.
For example the john guy purchased a property from us that needed rehab. We rehabbed the property for him and placed a tenant for him. Exactly as we said we would. You know what his complaint was? The materials used for rehab werent up to his standards. For anyone who has a brain you would realize he has absolutely no right to get upset about the materials used as he isnt the one paying for the rehab to be done. We are! It's a sign of being entitled and ungrateful considering the house wasn't even livable before we went in and made the repairs. That's the entire reason he was upset.
Lori here on the other hand is trying to makebit seem like her situation was similar when it totally wasn't. She purchased a occupied property and after closing the tenant decided to vacate the property and leave a mess. We offered to fix it but with her discovering what the tenant did she immediately pointed the finger at us to make it seem like we knew the tenant did that or it was somehow our fault.
WE ARE NOT RESPONSIBLE FOR OTHERS ACTIONS!! you would think that would be common sense but I guess not these days.
in conclusion this is real estate. Every property comes with its own characteristics and challenges. we have sold to hundreds of investors by now and there are some that had a bad experience as far as the property goes but theres also tons who havent had any issues. We have a large following on social media and we have great standing with the business association in michigan. We are literally one of the top wholesalers in michigan.
DO NOT INVEST INTO PROPERTY EXEPECTING EVERYTHING TO GO SWELL OR EXPECTING YOUR JOURNEY TO GO THE EXACT SAME AS SOMEONE ELSES AND THEN TAKE NO RESPONSIBILITY.