All Forum Posts by: Robin Wilk

Simple view the property take pictures if you're allowed, write down anything wrong with each room in the home. After you've got the information pull comps of recently sold homes that are very similar to the subject property to determine the ARV of the property. Next run the numbers by using the formula MAO = ARV - Repairs -Your fee. Then submit your MAO offer to the buyer. Negotiate if necessary then put the property under contract and find a buyer for the propery and close on the deal.

Yes I would, be aware that when you do the walk through the inspector will want to be paid after its completed and he/she will send you a report of all of the things wrong with the property. Don't stress though it's the inspector's job to write down every little thing that's wrong with the property even if it is as minor as a light fixture needing changed. When we bought our house in 2003 our inspector sent us a report that was at least 10 pages long of things that needed repaired. As to your submitting multiple offers yes it can be done but it's usually done by acquisition firms that have large teams in place to streamline the process. I actually just listened to a related podcast about an acquisition firm in Phoenix, AZ earlier this evening.

Okay then that's leverage to the core. Sounds like a good set up to me quick question is he teaching options, assignments, subject to's anything like that? You said this coach's fees are $0 mind giving me his name? I'm considering maybe working with him.

If you haven't already checked out the wholesaling guide under the education tab do that now. Take notes I also recommend reading the book on low and no money down strategies by Brandon Turner. Fantastic read chapter 9 covers wholesaling in a lot of detail. Next pick a marketing strategy or more than one strategy and stick to it. Consistency is key here if you stop marketing leads stop coming. Analyze any deals with the calculators here under the tools section. Ask for help if you need it and never stop taking action.

Check your spam folder and double check that keyword alerts are set to email at whatever duration you set them at, also if you've received too many alerts and haven't clicked on the links in the email the keyword alerts may stop for that keyword, just an FYI.

I can't answer as to the PC video issue because I'm on my smartphone but it sounds like you may have malware on your computer. There are a couple of ways to tell but the easiest way is to go into your computer's control panel and sort the list of programs by date having the most recent programs installed on the top then look at the dates to see if anything new was installed on your computer. 

If so simply remove the program by uninstalling it. If there are no new programs check to see if you have an extension on your browser that's causing the problem if so uninstall that extention. If the problem still occurs Google and download the program Malwarebytes and do a scan of your computer. I know from experiencing my kids downloading crap that this can happen and it's annoying as hell. I hope this helps you out.

So basically this wholesaler is doing 1 on 1 coaching with others for a fee. That's nothing new here on Bigger Pockets but I've found that most of the community here is anti-coaching and of course anti-guru. It sounds like a good idea but let me ask this question what are his students success rates? How many of his students actually routinely close deals? I think in theory the idea is okay but there are so many people doing coaching that you would have to stand out from the crowd so to speak. I'm not saying it can't be done it's just that you have to not only love real estate investing but you also have to love teaching others in order to be truly successful as a coach.

Honestly that depends entirely on you, there are advantages to having your license such as access to the MLS and fee exemptions. There are disadvantages as well such as full disclosure that your an agent and more scrutiny from the real estate commission. There are of course other advantages and disadvantages that need to be considered to such as cost and time as I believe these vary by state. Some people will tell you having your license is a great idea and other people will tell you not having your license is an even better idea. It all comes down to you personally and what you choose to do. Weigh the pros and cons carefully and then make your decision.

You won't be able to find out what's owed on the mortgage without doing a little math what you will find is the purchase price and recorded purchase date and from there apply the math as @Matthew Rollo mentioned.

Go to the county assessor's website and there should be a search function you can use. Simply put in the address of the property and hit search and it should pull up the property's history. Good luck!