All Forum Posts by: Gabe Waldrep

It's a misuse if the wholesaler isn't informing the seller upfront of their intention. 

Agreed, OCA is great. Also Belynda Lawler with First American, Valerie Garcia at Chicago, and Becky Brown at Stewart.

In my experience replacing a roof does not really add value, although it might give prospective buyers some peace of mind. I agree with Bill about getting a roof inspection done by your roofing contractor stating approximate age and condition. But unless there is visible damage or leaks, a 12 year old roof in your area should still be in decent shape. 

I would discourage from listing on Zillow and other sites since those are for selling property, and you are selling a contract. It could open you for unexpected repercussions. Also, if the seller came across said listing, depending upon your relationship with the seller, it could cause unnecessary friction. Just my two cents though. 

Like others have said, you ultimately should check with your broker, however, if you are not a member of the LLC then you should not need to disclose as an owner. Just related to the owner.

@Wayne Brooks exactly.

I've helped purchase a few in OKC via the MLS and a few off-market sources but have not wholesaled any directly. Happy to recommend title companies if needed and answer any questions I can.

If you are assigning the property then the end buyer should want to see the AB so they see all terms they are assuming with the assignment. I won't sign an assignment without seeing the AB. I tell my wholesalers they are welcome to redact their price, but we usually find out at closing anyway. 

I agree that some buyers may complain about your fee, but if the numbers work for them then it shouldn't matter. But it is important to know all terms within the AB because the end buyer will be held liable for all of them. As the end buyer, it is also important to be able to verify that the contract is written for the correct property and with the correct seller to ensure I'm not being assigned something incorrectly or that I don't intend to buy. 

The investor and wholesaler should act with good faith towards each other to build a solid, working relationship for repeat business. It's a business of who you know, so maintaining a good standing within your network is vital.

I would agree with @Charles Carillo. Contact the broker. If he/she still will not release you, then file a complaint with the state board.

Capital Title in Southlake - Ann Jefferson

Capital Title in Fort Worth - Shylia Trout

Providence Title in Arlington - Melissa Mutchler

Alamo Title in Fort Worth - Amy Brindle

Boston National Title

Just to name a few.