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Updated over 8 years ago on . Most recent reply

User Stats

7
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2
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Jacob Horan
  • Investor
  • Boulder Creek, CA
2
Votes |
7
Posts

Don't give away your good ideas

Jacob Horan
  • Investor
  • Boulder Creek, CA
Posted
So I learned a valuable lesson today . I checked out a local mls listing that was owned by investors. The home is in the Santa Cruz mountains and has a current redtag . To make a long story short the home has erosion issues, I came up with a rehab game plan and got my team on board . I contacted the listing real estate agent who works had and hand with his personal investors . He declared that it was a mistake (they purchased through a tax sale) but and he and his investors were not going to fix the home because the whole house would have to be moved .This is were I make my mistake I tell him my whole plan , it was to cut the house in half and elude the erosion and rebuild the home on the other side of the property, I gave him way to many details on how I would accomplish the mission. He was very interested and said if I could do that he would hire me , I told him I still work for a contractor and don't actually hold my license yet. So I told him to forward me all his info so I can put an offer ,he concurred . I called him back in a hour to verify he had my correct email AND then he told me all the sudden his investors had a change of heart and we're going to keep it in house with another investor. I feel like if I would have concealed the way I was going to accomplishthe rehab I would be the owner of this project just a thought

Most Popular Reply

User Stats

529
Posts
217
Votes
Christian Bors
  • Real Estate Agent
  • Mechanicsburg, PA
217
Votes |
529
Posts
Christian Bors
  • Real Estate Agent
  • Mechanicsburg, PA
Replied

@Jacob Horan LOL....So you called the listing agent and told them how to resolve their problem then wanted to make an offer.  The problem was going to get you the discount on the property!  Come on man.  Think before you speak.  Anyways, there will be other fish in the sea, just don't blow it next time.

I enjoyed the chuckle.

CB

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