All Forum Posts by: Blake Hansen

Great question! I'm adding my reply to the thread to give this conversation a nudge and to hear the answer.

@Jorge Soto I'm curious if you ever heard back privately about any of this and how this all played out. Specifically, how your contract(s) held up with the lawyer, if you found a title company and escrow or both together and if you went with an assignment or double close. Thanks!

One of the best things about this thread is that is sheds light on where I'm so lacking in my knowledge of the field. I continue to hear about analysis paralysis but it's clear to me that I need to continue to ask questions and LEARN. Appreciate @Brian Garlington talking about "...cashflow...based on vacancy rate, repairs, capital expenses, taxes, insurance, etc..." or @Chris May (who needs a profile pic) and @Sean Cole who remind me to back up my offers with data!

Great conversation here folks. Thanks for being a part of it! All of the feedback is so valuable and I DO appreciate you taking the time. ;)

I'm just starting out. Each time I contact an agent and let them know what I'm willing to offer they usually laugh and are quick to discourage the approach. I'm confused. Like most investors I want to make an offer low enough to get the best bang for my buck and I don't care if my offer isn't accepted if it's not a good deal. However, this is a royal pain and waste of time for a real estate agent. I remember in Rich Dad, Poor Dad, Kiyosaki emphasizing making low offers and finding an agent willing to do so. Are there agents out there who will support an investor who low-balls every seller in hopes of finding a great deal? I can't imagine why an agent would do this. Are there investors out there who became agents for the express purpose of being able to write the offers themselves? I'd love to hear your thoughts on this and more. 

Hi Andrew,
I know this is a bit of a late reply but if you're still interested, I'm in the Richmond area (El Cerrito) and would be happy to give you my educated impression of the various neighborhoods. Feel free to contact me directly.

Blake