All Forum Posts by: Brian Haskins

No, once you assign the deal they are the new principal in the contract. It’s a good idea to see the deal all the way through because you haven't gotten all your money yet in most cases. I'm not sure exactly what you mean by leg work. And yes you always have to be upfront and let them know, if not it can blow up and kill your deal. In this business no matter what, you always want to be transparent.

Brian Haskins

Hi my name is Brian Haskins. I would like to welcome you to the forum. I have been investing in real estate for 6 years. I would love to help answer any questions you may have or help you get started.

Not normal at all. It seems like something is wrong and they are trying to fix something or hiding something I would contact an attorney just in case you need it.

Brian Haskins

Financing will be your problem you will have to get a loan in your area because to get a loan here in the US you have to have a social security number. Other than that just look on the internet for a real estate agent and then have them handle the deal.

Brian Haskins

I have heard of many people doing this but it just seems like a big chance to run into problems. I don’t like partners to begin with but if everything is laid out in contracts and no one person can control anything it may work but I wouldn’t do it, but that's just my personal opinion. If you only invest 1,000 you might only get like $5 a month of cash flow because more than likely there will be 50 or 100 other people maybe more in on the investment.

Brian Haskins

Well you don’t list the assignment fee in the selling price. You just use an assignment contract which is completely separate and that’s where your fee goes and then that along with the original contract goes to the title company and you get paid at closing. As for the arv just use your own comps, investors will and it won't make one it of difference if you have an appraisal or not because most investors don't believe appraisers but do their own comps. I would always suggest you be open to the homeowner upfront because they have to sign the assignment contract so they will know and if you spring it on them then they may kill the deal. If you plan to be in business long don't hide or lie about anything it will bite you!

Brian Haskins

More than likely he has tons of birddogs, most investors do. Unless you will be doing more than birdoging? Birddogs are independent contractors and don’t work for the investor you work on your own and just bring him deals and he closes them and gives you a check. I don't know of any tips that I can give you, you will just need to prove it to him after you start and find him deals.

Brian Haskins

Just post ads on craigslist to find someone.

Brian Haskins

HI Joe,

Welcome to BP! I have been investing in real estate for 6 years and I would love to help answer any questions you may have or help you get started.

Brian Haskins

It completely depends on what type of deal your doing. If you are wholesaling and you have good contracts and play by the rules you really don’t have any risk. You can bring risk on yourself by not doing what you say in your contract like waiting until the last minute. Honestly your mindset has a lot to do with if you will be successful or not and it sounds as if you maybe shooting yourself in the foot before you start. Like I said there can be lots of risk but, as you get educated you will find out how to eliminate risk. This will really depend on you and what type of investing you plan on doing and if you do your homework and protect yourself.

Brian Haskins