All Forum Posts by: Phil Z.
Phil Z. has started 13 posts and replied 897 times.
Post: REO Sale Questions and Possible Shady Listing Agent
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
Who's the bank ..? I would think the Banks REO site would have some sort of contact number?
Post: REO_Home Path-Owner Occupy
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
I don't think anyone on BP supports fraud. This is a really bad idea and there are plenty of other ways to find deals. If you are looking for illegal ways to make money, be prepared for some jail time.
Additionally, you just set yourself up by posting this publicly. Stick to legal investing.
Post: Hello from an Investor in Connecticut
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
Hi Chad, welcome to BP. Shoot me an email and I will get you on my VIP Buyers List. I had a few 4-6 unit REO Listings this year and expect some more in the future.
Post: Real estate investor from Connecticut
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
Hi Ed, welcome. You found a good place to start.
Post: Bandit signs
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
Originally posted by @Account Closed:
On October 06,15 I've put some bandit signs in Norwalk CT on light poles, today is oct.09, only couple days ago. I have a phone a warning call from the city of Norwalk to remove it immediately. Guy was very nice in explain it to me to why to remove them, but it's frustating. Does Bigger Pockets has any sugestion, if this is just an empty treat? in any event I am thinging in removing only couple. your is your input bigger pockets. we learn all over sites and even on BP to put bandit signs. Also he said not even on highway exits. all prohibit!
My first lesson in not listening to 'gurus' was very similar. First call was from a State Trooper. "Hi, do you buy houses?" "Yes" "Ok, this is Officer XXX you need to remove your signs immediately, they are on state property".
Long story short:
- Any road that is labeled "Route", is a state road. Any off ramp is a state road.
- Most sign ordinances only allow signs to be out from Friday evening to Sunday night.
- There is a good reason they call them BANDIT Signs.
- Bandit signs posted across town are a trashy and unprofessional form of marketing.
- If you think logically, if every company was able to post cheesy signs on telephone poles, the world would be an ugly place. Don't do it.
- So why do people do it? Because to them the money from 1 deal is more important than breaking the law, littering, and making the world look like a dump site. (And because for $999 someone told them to.)
Post: LLC Questions
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
If you do business in a state other than the one registered, then you need to file a Foreign Qualification in the state you are doing business.
Post: LLC Questions
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
The Service Agent needs to be in the state. There are companies that offer this service.
Post: LLC Questions
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
DISCLAIMER: This is not legal advice, just opinion based on experience and research. Any legal questions should be directed to a local attorney.
- You can not use a USPS P.O. Box.
- The owner address does not have to be in the state, but the Service Agent must be in the state. You can use a 3rd party company for the Service Agent if you need/want to.
Post: New in SE Connecticut
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
Welcome to BP. You'll find a lot of no-hype assistance here. A good place to start.. :)
Hype will help you get motivated, but I wouldn't take it too seriously.
Post: is door knocking the best way to get quick business? REALTOR
- Real Estate Broker
- Orange, CT
- Posts 951
- Votes 218
Door Knocking Expired or FSBOs might have better results than door-to-door.