All Forum Posts by: Andraise Scott

Ok.  Thank you @Ned Carey .  I'll keep an eye out for the good ones.  :-)

Thank you @Ned Carey .  I was referring to the hospital, yes.  I totally get the "good deal" part.  Do you think the professionals in the area and hospital staff actually rent in that area? Or, do you think they commute in from other areas?

@Ned Carey and others, what are your thoughts in 2015 about purchasing for rentals near Hopkins and/or Pigtown?  I'm looking for cash flowing properties with preferably better quality tenants.  Thx in advance!

@Morry Eghbal , I would agree as well.  I like @Ryan Robbins verbal offers idea a lot and will try this approach with my realtor and see how she feels about it.  @Jonathan Makovsky , I have thought about getting my license.  I'm just not sure if that's the move for me at this point.  But, I'm still considering it.  It does bring a lot of benefits.  Thank you all for your input!

 Thank you Jennifer.  That is totally understandable.

Ok.  Got it.  Thank you @James Wise 

@James Wise Have my realtor express a verbal offer?  Or, I can express a verbal offer to the seller/selling agent and if we're close then have my realtor write it up?

@Azeez K. Very good and helpful info.  And, @Stanley Okazaki I totally understand your point and would probably feel the same if I were a realtor.  Going forward, this is all very helpful.  Just for clarity on this case.  This is only the second property that she's put in a contract for me on.  The first was for a primary home that I did purchase.  The second is a potential rehab offer which she and my contractor both love and think it's a great deal.  The initial offer was written up and submitted so we're in the middle of that one.   Meanwhile, I ran another property by her that popped up for discussion which we did.  After which I think I said we could just put in a low ball offer and see if they accept or counter.  That's kinda when I got the 2 hour lecture.

I get not burning somebody out with a bunch of "see what sticks" offers.  I wouldn't want to be on the other end of that either.  I've just read it a number of times in my RE learning that I'm trying to figure out how others are doing that and not ticking off their realtors.  The investors using those tactics are probably realtors themselves.  Right?

Thank you @Curt Davis .  That's what I figured.  She's got two young kids and I think her lack of time is more for that reason.  Either way, as a buyer, I need to get offers in when they need to get in.  So, I guess I'll try to talk to her about setting up a template or some quick system for me or I'll have to try another realtor.

As investors we're taught that it's common for us to put in many offers to land one contract at a price that works for an investment deal.  Well, a realtor that I've worked with and have purchased with tells me that it takes like 2 hours for her to put a contract together.     So, unless (I guess) she feels confident about the offer, she'd rather not spend the time putting it together.

Is there like a short cut offer procedure that "investor friendly" realtors use to make this process faster or something?  I would think that maybe for investor clients that they would have a template saved for each investor with just a few fields to update for each offer.  How does that work?  I like this realtor and I would like to continue to work with her but I don't want her peaved at me every time I want to put in an offer.  Or, feel like I need to offer more than I want to so she'll do the offer.  Is there a procedure that I can pull her coat tail too?