7 August 2019 | 20 replies
In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Require you to close before a tenant is in place
20 March 2019 | 19 replies
Many are well represented by sellers & turnkey operators here on BiggerPockets.
19 March 2019 | 10 replies
Representing buyers and sellers and all the other stuff isn't the only reason to have a license.
20 March 2019 | 115 replies
Did you mention to the actual selling agent representing Hubzu/the bank that this person (their buyer) is giving access to view the property?
20 March 2019 | 10 replies
Do they have an attorney that represents them and reviews their contracts?
19 March 2019 | 8 replies
The $6000 figure may represent the opening bid or it can be the actual asking price.
19 March 2019 | 20 replies
Make sure he is well represented.
19 March 2019 | 4 replies
You absolutely must be certain that you are not ever representing anyone else’s interests besides yours and your partner’s.
19 March 2019 | 5 replies
If I find a deal through a wholesaler and am working with a real estate agent, does the real estate agent represent me in the transaction still?