All Forum Posts by: Sean Rolan

I've just gotten this under contract.  It's a great starter home, Flip, or Rental property showing a great cash flow, or profit potential.

Looking for those that can close relatively quickly.

Call me for the numbers, inside pictures, to view, and details. 919-213-1890

Here's a great rental property in a town that has a lot of rental action.  PM me for the numbers or call 

(919) 213-1890.  It's a 3 bedroom 2 full bath home with an enclosed porch. Estimated repairs are $5,000 to get it rent ready.  View a video here: 

https://www.youtube.com/watch?v=azfy3A2xnJ8

Note: video isnt the best as it was 100 degrees and I was sweating!  Ha!

Looking for cash buyers or those that can close within 2 weeks time.

Michael (I'am not a lawyer) the issues lie mostly in how you communicate with others and the way you position yourself (law states that a person cannot basically perform marketing, renting , anything that a realtor would do for others.  That's the kicker the for others.  Keeping this concept basic and simple so long as your making everyone aware that your not a realtor, you don't work for buyer or seller only yourself then so long as everything you do is comes from that perspective you should be fine.  Beyond that you need to find an investor friendly lawyer.

Here's some information from a lawyer on video:  https://www.youtube.com/watch?v=FiNKrTDdpBU

I would think that he is trying to cut you out.  One way to determine this Terrance is tell him "sure I'll do that if you pay half or all of my fee for the contract first"    F.Y.I my attorney told me that practically every contract is assignable unless the contract stipulates otherwise.  My two cents.

absolutely true and correct Isata, I don't know why I was thinking your working deals outside of NC.  Ha! it was early morning and I was delirious!  Anywhoo, if you don't find an Attorney PM me as I have one here in Durham that I work with that may work with you.

Morning Isata,there's a saying "give a person a fish and they eat for a day, teach a person to fish and they eat for a lifetime."  Well here's how to "fish" (hmm, that metaphor is really appliccable! ha!) for a title company.  

1. Search title company Durham/ Raleigh / Chapel hill on google or white pages

2. Call down the list and use this spiel:

I’m a new investor in the area and I plan to make a lot of offers every single week and in most cases my offers will be deeply discounted and many times I’ll have more than one offer accepted at a time but I only have the cash to handle them one at a time so in those cases I have other partners that handle the overflow of what I can’t handle and then I assign the contract or double close. You do handle those don’t you? If the answer to that is no, thank them for thier time and move on.

Get fee schedule or their rate sheet

Also ask as " I’m always looking for partners would you provide a cash buyers list? And if so I promise to throw some business your way."

thanks Danielle I really appreciate it I actually already had one and I did a little research and found out what the specifics of the process was funny thing there was a guy on here that actually tried to sell me contracts for $50. a note to newbies beware there are vultures out here everywhere. you can get contracts  free .

thanks for your response Anthony but I that's not what I meant.  what I'm talking about is the actual process of selling or assigning the contract to the buyer I.e. Crossing out a signature and putting their name on the contract that type of thing.  I did find the information thanks much

That's cool but the best way is just like you're going about it now, as an unlicensed assistant.  While you may be able to find someone here ( you never know till you try right).  I found my realtor to "work for" by meeting face to face at a mixer. Lashonda that angle is the absolute best way to go! If you can you should post in market place section under "Real Estate Jobs"  as I think about it that may find a realtor for you, but you'll want to incentivise (hmm, not sure if that's a word) the arrangement by promising to pass on to the realtor deals you find unworkable.

Happy Saturday!  Hey I'm getting close to that first deal!  1st properties under contract (a home and trailer on 6 acres) is kind of fizzling out.  But I'm locking up my second property today.

I realized that I don't actually know how to assign or sell my contract to the buyer. Ha!

Could someone assist with this or direct me to where I can find this info?

Thanks much!