All Forum Posts by: Eric Ray

The part about being regulated as a reason not to have a license is the only reason that I have heard an investor not getting one. It all depends on their strategy. Thanks for the replies!

I'm sure this will get mixed reviews, but I want to see everyone's opinion on this. I am a real estate professional and my company is in the business to assist people, investors, and companies in buying and selling their properties. Even before I got into real estate, I knew to use a professional when I bought my house. It saved me time and money and the best part was I didn't have to pay a dime. As an investor, I feel you should have someone in the real estate profession to help buy properties. A professional has access to properties, contacts in the industry, can help you run the numbers, negotiate, and much more. Every investor my company works with is more than happy to let us take on work that they don't want to mess with. Do you have to use one? Of course not. But why wouldn't you? I will throw out a disclaimer and say that I am referring to working with a professional that has experience and knowledge of working with investors, not your typical residential agent. I'd love to hear from all of you and whether or not you agree or disagree and why.

I don't know where you get your listings, but if the seller is represented by an agent you will need to contact them. If so, I would suggest you get representation too. buyer representation is a free service and they have access to data that you may not. if you are contacting pre-foreclosures or fsbos, I agree with the previous posters and try to get as much info possible before you contact the seller/agent. This will give you some ammo for negotiations.

From my experience, the people that talk about investing but never do are the ones that don't want to give up financial security (emptying out their bank account) or realize that investing might be more difficult than they thought once they begin to research (if they even take it as far as researching). If you can help them get over fear and financials, you might be able to convince them to get started.

It's companies like this that give a bad name for the legitimate people and businesses involved with real estate investing. Great job everyone that posted and got information.

Thank you everyone for welcoming me to the community. Talk to you soon!

Thanks Realtyman!

My name is Eric Ray. I am in charge of networking and building the Residential and Commercial divisions for Equity Realty. I am here to network with investors and other professionals. My real estate goals are as follows:
*Build Residential with First Time homebuyers
*Work with investors to buy and manage multi-unit properties and commercial buildings.
* Help other agents and individuals get into real estate and be successful.

I look forward to talking with all of you.

Eric