All Forum Posts by: Blake Alexander

@Auriel Orozci Welcome to BP! This is a fantastic starting point. Give yourself credit for taking the initiative. 

@Brian Fazekas do you have a farm? You could brand yourself as the local real estate expert in your area. People have to see your branding multiple times before they solidify the connection and remember you. 

Have you tried door knocking? That's a great way of getting to know your farm and branding yourself. Your farm should hear from you once a month, via different methods (e.g. knocking, postcards, calls). 

@Angel Colindres my team is investor-friendly. Please let me know if you need anything. 

Hey @Angel Colindres, yes title companies typically charge for that kind of information (.08  cents per name is typical, depending on your deal). I use Title365 for my data but any title company should have that information. 

Thanks! So is the seller approving the assignment in general or is the seller approving the assignee? 

Hey BP! 

I'm a real estate agent in Los Angeles and I'm working with some flip clients. They want to know if they can assign their contract (for wholesaling purposes) in escrow without the seller's approval of the assignee. 

Other agents I talk so say you need the seller's approval, others say they've never heard this question before. I'm new to working with flippers and don't want to mess this up. 

Any thoughts? Thanks! 

 I love it! Great approach. I'll have to try that and let you know it works. 

That sounds like a great idea @Dan U.! I wish you were in LA, so you could sponsor one of our opens!

Hey Henry, 

I floated the idea of building a tiny home in the LA area about a year ago. Does local municipal code allow it? 

Hey BP! 

I have a unique opportunity — my parents own a home in a National Historic Registry site. The house has a lot of deferred maintenance and now has a tax lien. I know it's worth significantly more with some work, which they are now not in the situation to do. Since they are my parents, and own the home free and clear, they are in a position to seller finance (I think). 

So my question is, first, can they even seller finance with a tax lien? (property is in PA). And second, what is the play here? I was thinking it could make a great rental (much sought after location). 

How would you structure a deal with little or no money down, with some sort of loan for repairs? Would it be possible to put the house under contract, get a loan for repairs based off the value of the home, and then begin payments once I have a renter in place? 

Home is probably worth $650-700k ARV, probably needs 100-150k worth of work, and I could probably get $3300 / mo in rent.