All Forum Posts by: David Greene

I am an agent I would disagree that "no good agent would ever advise you waive an inspection". It is not that simple, especially when there are other buyers who WILL waive their inspection contingency.

Something to consider-

The agent is not "advising" you to forego inspections. They are making you aware that if you remove the CONTINGENCY that allows you to back out of the deal if your inspections come back too negatively you can make your offer more competitive.

Here is how I would advise you if I was your agent.

option 1: put down a very low deposit and waive your inspection contingency. If you don't like how the house looks after you order inspections, back out of the deal or ask the seller for what you need to make it worth it.

option 2: Keep your inspection contingency but shorten it. See if the listing agent is insisting on having it removed or if that was just an option your agent casually through out there.

In both cases:

Understand writing an offer without an inspection contingency is NOT the same as choosing not to get inspectons.

Understand that the way you write your offer has everything to do with how bad you want the house and how many others are willing to make their offers more competitive and there is no "right" way to write an offer. The overgeneralized, sweeping advice that sounds like it would apply in all cases is bad advice being given.

Understand how the contract works. A contingency allows you to back out of a deal and recover your deposit . If your deposit is minimal you can factor that in to how risky this really would be.

https://www.eventbrite.com/e/residential-assisted-living-facilities-101-earn-income-through-home-care-tickets-90978044781

Come on out to learn about to network and learn about building wealth through residential assisted living facilities!  This seminar will help you learn about one of the best cashflow opportunities that almost no one talks about.

And it's easier than most people think.

You can generate massive amounts of gross monthly income by converting single family residential homes into Assisted Living Homes.

Come out for a fun, informative, and entertaining night with David Greene and learn how you can create your own residential assisted living facility business!

Use the link below to register!

https://www.eventbrite.com/e/residential-assisted-living-facilities-101-earn-income-through-home-care-tickets-90978044781

Thanks @Darryl Putnam!

@Steven K. Hey Steven. Sounds like you’re trying to get all your ducks in a row. If you’re buying a property as a flip, it’s great to have additional exit strategies. If it’s a rental, you want to make sure the area is good and the numbers work. Having reserves is also a huge piece of the puzzle that isn’t talked about often.

If you’d like anymore info on this, I’m happy to share. Please email me

@Rashad Ellis hey rashad. This sounds really confusing for you. Send me an email and I’ll see if I can help you get started in a better direction

@Joe Splitrock I agree wholeheartedly this sounds like a great business relationship. I can’t think of a situation where’d I’d ever say someone should ONLY work with an agent/investor. Just that statistically speaking you are much better off dealing with someone representing your interests who actually understands your interests. If you find a great agent who’s not an investor, why wouldn’t you work with them?

@Tanner Marsey this sounds like the comment of someone who’s been paying attention!

@Greg S. #wisdom

@Elliott Elkhoury

Some good input here. Curious to hear it cited where I’ve advised new investors to flip out of state over other investment opportunities, or what going “full guru” means in this context.

Is this referring to encouraging people to take action? I’m not aware of a system I’m selling and the only books I sell are published by biggerpockets-the same company who is hosting this thread...