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All Forum Posts by: Darrie W. Bennett

Darrie W. Bennett has started 11 posts and replied 57 times.

Post: Exit strategy advice

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Blake -

Your strategy sounds like the BRRR ( Buy-Renovate-Rent-Refinance )System Brandon Turner talks about. Check out the podcast, it is Great!

Post: To corporate or not corporate that is the question.

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Michael -

   Buy this book and all your questions will be answered.  "Inc. & Grow Rich by C.W. Allen.  ISBN # 0-9671871-0-9. It was recommended by Robert Kiyosaki in Rich Dad, Poor Dad.

Post: Wholesale contracts

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

The concept is simple ... but it is a lot of work to do it right. I suggest starting by reading BP's "Ultimate Guide to Wholesaling".

Post: Finding conditions of a property

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Long Term advice if you want to become a Real Estate Investor full-time ... get a real estate "Broker's" license A.S.A.P. so you will have access to the MLS yourself. It will be well worth it in the long run.

Post: American Greed

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Master Key to Riches by Napoleon Hill

Post: Bad proofreading or clever ploy?

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

I think mistake.  Reason ... because if it was intentional, the sender would be taking a big risk, because the first thing I would think to myself is, " If this person missed this, he/she is probably not detail-oriented enough for me to want to work with".

Post: Wholesaling step by step

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Sean -

     You might try asking for 25% of your assignment due at time of the assignment. The remainder due at C.O.E. The people I work with have no problem with that. After all; you have actually earned it when you assign the contract ... that's how I feel.

    It also means the Buyer has more "Skin" in the game than just the Earnest Money Deposit ... which means he has just that much more of a reason not to back out.

Post: I want to get started wholesaling properties in Los Angeles, please help?

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Start by reading BP''s Ultimate Guide to Wholesaling ...

Post: Homeowner's Equity %

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Fellow Wholesalers -

My pre-foreclosure list from listsource.com shows homeowners with 1% - 100% equity. Do any of you subscribe to a "Minimum" equity % before you consider investigating the deal?

Post: elevator pitch cretique

Darrie W. BennettPosted
  • Real Estate Broker
  • San Francisco Bay Area, CA
  • Posts 57
  • Votes 27

Paul -

Here is my pitch. I can say it in 20 seconds. " My Corp. is a Residential, R. E. Investment company that primarily focus on Wholesaling R.E. ... I create R.E. Investment opportunities and market them to investors, at wholesale prices, who either renovate & flip or hold."

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