All Forum Posts by: Jeff Weissman

@Marc Tolbert

Marc,

I'm a licensed real estate agent working that market. I work with lots of investors & often find great MLS listed multi-family properties. I'd be happy to work with your buyer referral, but am hesitant to agree to such a hefty referral fee without knowing the buyer's preferred price range. Most of the time, we exchange referrals for 20%-25% of our commission, regardless of purchase price. Would you be willing to do it that way?

@Travis White

That'd be fine, Travis. You will discover, sooner or later, that the challenge in today's seller's market is to get a contract. And that being represented by a LOCAL agent, one known to the LOCAL listing agents and trusted by them to bring serious, well-educated, committed buyers to their sellers, will make a huge difference in your ability to win out over other bidders. It's not always just about highest price.

@Travis White

Welcome to BP, Travis.

I'm admittedly & unabashedly biased, but I recommend you hook up with an investor-friendly, Top Producing Realtor who'll share with you a LOT of hyper-local market knowledge, hook you up with funding sources, provide trustworthy vendors from every category, send you MLS-direct listings, show you properties, and more.

I happen to know just the guy (check out my profile here & on Zillow)!

@Brandon Lee

I'm glad I misunderstood you, Brandon. Thank you for the clarification.

I willingly and gladly spend untold hours educating my investors and especially first time buyers about the market and the properties of interest. It's all free advice & consultation, freely given. I approach real estate agency with the heart of an educator, which is one reason I've been so successful (I closed over $14M last year, 27 transactions, & I'm on track to better those numbers this year; I was named a BHG Emerald Award winner, placing me in the top 3% company wide--that's a group of over 725 agents). I am always interested in sitting down over coffee with potential clients & love working with fix/flip or buy/hold investors (I'm one, myself).

@Brandon Lee

@Jacob Canon

Yeah & while you're at it make up some stories about how rich you are & want to buy all cash. Heck, tell the Realtor any BS to get him to waste his valuable time sharing his hard-earned expertise with you. OR...now HERE'S an idea, tell him the truth & see if he'll help you in exchange for access to any deals you might come up with.

I'm interested.

Henry,

Your skill set & goals might be of interest to a fellow BP'er, an investor looking for 5+ Unit pptys. @Josh Lebovitz. Get in touch with him!

Henry,

Welcome! This is indeed a great place to connect. Tell everyone a bit about yourself...particular expertise, length of time in the biz, do you have a GC license, type of work you seek, etc.

Now, HERE'S a neat resource:

http://1000watt.net/index/

@Peter K. Thank you for your analysis. Let me ponder this a bit.

With regard to flips in the Oakland area, sure will keep you in mind, but frankly I have about 3x the number of interested investors as properties & I give first priority to my best clients, naturally--the ones with whom I have a strong, longstanding relationship & who've demonstrated responsiveness, aggressiveness in offer pricing, ability to close, & high quality rehabs so my work on listing the flip is gratifying and successful for us both.

Perhaps you could give me a few details on the type of fixer deal you look for, price range, condition limitations, etc. Do you have a crew, work with a particular contractor, or cobble it together after close?

Again, thx for picking up on my post!