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All Forum Posts by: Tony Thompson

Tony Thompson has started 9 posts and replied 23 times.

Post: Understanding of "et al"

Tony ThompsonPosted
  • Midlothian, VA
  • Posts 23
  • Votes 1

I had assumed that because I hired him through my full time employers legal services program he originally accepted my money thinking that I would never come back for any help. Now that I am constantly contacting him he realizes that I am serious and plan to work him and may feel like he should get more. Either that or his contract with the company states that he can't help with business ventures! Either way happy he gave that check back instead of riding out my money with no intent to be useful!!

Post: Understanding of "et al"

Tony ThompsonPosted
  • Midlothian, VA
  • Posts 23
  • Votes 1

So I've managed to grab 4 appointments this week (excited beyond belief). 3 of those according to the tax assessor's site are owned by "name, et. al." the question is for the contract to be valid are the signatures of the others required, or is the signature of the specifically named individual sufficient?
My lawyer has said "I don't know enough about what you are doing to assist you with this venture" as he hands me back my retainer check back! Any thoughts or opinions are greatly appreciated!
Thanks

Post: Starting and impatient!!!

Tony ThompsonPosted
  • Midlothian, VA
  • Posts 23
  • Votes 1

I am new to REI and trying to start with wholesaling! I've been reading and researching like a lunatic, I've started building a buyers list, have a list of vacants and occupied potential properties, have two title/escrow companies, approved contracts. In reading several articles and BP posts users say anywhere from 25 to 200+ buyers before locating properties. I figure the real question is i have 6 potential buyers on my list should i start making offers on properties or just keep letting my buyers list buildup while learning more about the business? I've only really started taking an interest in REI and wholesaling over the past month and a half but have easily spent 25 hours a week learning the basics and such. How much can one really learn about wholesaling from behind a CPU and book without actually doing it a few times? If i mess up in an epic capacity whats really the worst that can happen?