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gregorygarver.com San Francisco Real Estate Forum
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Kirs10
Joined: 08 Jun 2007 Posts: 4
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Posted: Fri Jun 08, 2007 7:59 am Post subject: How can I find a good realtor with experience in flipping in |
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| My husband and I are on the verge of tackling our first house flip but need to build up a team of reliable and experienced professionals to call on -- a leading person in this group is obviously a good realtor. The agent who sold us our first (and current) home is nice enough but SUCH a naysayer on investment properties. So she is out! How can I track down someone who is proven, efficient, and worth their commission? |
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CJ4218
Joined: 16 Jun 2007 Posts: 5
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Posted: Sat Jun 16, 2007 8:49 pm Post subject: How can I find a good realtor with experience in flipping in |
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| If you would like me to refer you to someone, I'd be happy to. I have family out in MCKinney, Texas and have spoken with some good, positive, motivated realtors both there, and in Plano, San Antonio, etc. If you would like me to direct you to someone, just drop me an e mail. |
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northville
Joined: 25 Jun 2007 Posts: 7
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Posted: Mon Jun 25, 2007 9:40 am Post subject: How can I find a good realtor with experience in flipping in |
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| we can give you a referal for a nation wide agency. We can also do mortgages. We teach about investing in our business, and we work as a team. We teach you how to do this and you get paid. How would you like to get the mortgage commissions from selling your own house? How about becoming a realtor and making money from selling your houses?Maybe we should talk. www.debjim.com |
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Skip
Joined: 03 Jul 2007 Posts: 4
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Posted: Tue Jul 03, 2007 10:30 pm Post subject: How can I find a good realtor with experience in flipping in |
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| What do you think a good realtor will do for you in finding properties for you to flip? Realtors are too hung up on keeping their fudiciary responsibilities in tact than assisting their clients in selling their property even if it is going into foreclosure and their client will lose their home.Look at the real estate agent that sold you your home when you asked her about investment properties and her attitude. Well that is about what you will encounter in other real estate agents.You might find a need for one later, but for now you need a marketing plan to find properties that are in foreclosure, probate properties and other distressed properties.You have to develop a system of finding the properties yourself, so you can have a consistent number each month or quarter or however you want to do them. It is always a good idea to flip when you know what you are doing. In this regards you would normally select an area of your choice that is good for you to work and close to where you reside.I would suggest that you go to your local book store and purchase a couple of books on foreclosures, distressed properties, and buying, rehabbing and flipping. You might also find several other books that you would like to purchase. You might also find a few listed in your public library.You might also purchase one of the TV guru's programs. In the program you will find several things of interest. You will find script to use on potential individuals that you would want to purchase their house. A slew of legal forms that you can use as well as a formula that will tell you if the property you are purchasing is gonna give you a profit or not and how to use the formula.Their package will also tell you things you should look out for in your purchase as well as things to that you should beware of.You should form yourself a professional team to assist you in your newly found career. This is a partial list that you might start with an attorney, real estate agent, a mortgage broker, a home insurance agent, a notary public, a title rep as well as an escrow closing agent. You might want to add or take away depending on how you feel.You will also need to develop away to market yourself so you can have an unlimited amount of properties to buy and sell even in a slow market. I will list a couple of ways to accomplish this.#1 Advertise in the local newspaper that you purchase foreclosures and other distressed properties.#2 Purchase a foreclosure list from a list broker (Do a mailing campaign like everyone else)(You might also cold call off this list but you must beware of the no-call list)#3 Select an area in your city to devote full time work in. Walk the area for about 2-3 weeks telling the folks outside their homes what you do pass out flyers out ling that you buy foreclosures and distressed properties as well as probates.After 3-4 weeks of walking in the neighborhood, contact your title rep and ask for a farm package of the names of the people in your farm area. Now each month mail a newsletter to the names on your farm list.This method should give you 1-2 housed per month to buy and flip, word of mouth will give you another 1-2.That will keep you busy with enough to do and earn. You can always expand and you will as you learn more about your trade.I hope this has been of some use to you, good luck."FIGHT ON" |
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Drew6472
Joined: 12 Jul 2007 Posts: 4
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Posted: Thu Jul 12, 2007 11:21 am Post subject: How can I find a good realtor with experience in flipping in |
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| Flipping is a great idea this time next year you can have one million dollars, All you need to do is start out now with two million dollars and not spend more than one million dollars.http://www.breakingbubble.com/ |
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