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Updated almost 11 years ago on . Most recent reply

User Stats

100
Posts
5
Votes
Ray Eason
  • Wholesaler
  • Bakersfield, CA
5
Votes |
100
Posts

New Member Introduction

Ray Eason
  • Wholesaler
  • Bakersfield, CA
Posted

Hello and good afternoon.

My name is Ray and I am a new Real Estate Investor. I am also new to BP and am excited to be apart of this group.

My background is in Information Technology but I've always had an interest in Real Estate but recently I had an injury and it made me realize that I need to do something NOW to change my financial future.

I am currently interested in Wholesaling Real Estate in California and looking for some good tips to get started cashing in on that first deal (and many others to come).

For example, what type of properties should I tell a Real Estate Agent I am looking for (for instance, houses 20-40% below FMV). I had a Realtor hang up on me right after saying this.

What kind of Real Estate Attorney should I work with and what are some of their typical fees? I had a guy tell me $5000 in escrow and $250/hr just to start He made me feel unethical and anti community after telling him I wanted to Wholesale.

I look forward to any feedback you may have.

Thanks!

Most Popular Reply

User Stats

2,879
Posts
1,353
Votes
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
1,353
Votes |
2,879
Posts
Mark Ferguson
  • Flipper/Rehabber
  • Greeley, CO
Replied

@Ray Eason

You will definitely need a real estate agent, but I would not depend on them finding you deals or determining what a good deal is. It takes time, looking at many houses and lots of cacluating to decide what is and what is not a good deal.

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