All Forum Posts by: Gene Hacker

Just a quick reminder to all Bakersfield and Kern County investors that this meetup is tonight.  

Your net worth is directly proportionate to your network!

Our group is all about networking with others. If you have an interest in real estate investing, flipping, wholesaling, buy & hold rentals, building wealth, loaning your own money, partnering with others, Airbnb, short-term rentals, or just want to learn from other locals, this group is for you!

Rusty's Pizza (Laurelglen location - corner of Ming and Ashe)
6675 Ming Ave, Bakersfield, CA 93309
The meeting room is a separate entrance to the left of the main entrance.

We openly welcome everyone and encourage everyone from newbies to seasoned pros to attend our meetings!

Bring a friend and pass this invitation along to anyone who could benefit from networking with others about real estate investing.

Our meetings are always free. There are no speakers selling expensive training or pushing products.

Thank you guys.  We are going to move forward and find a new buyer.  Thanks!

I am trying to figure out options on this. The buyer failed to close by the closing date and now the buyer will not sign Cancellation instructions created and sent out by the escrow office.  I think my next step is to hire an attorney to send a "demand letter".  If anyone has gone through something like this and has any insight, I would appreciate it. 

Background:

Our original contract was to close in July, but the buyer asked for an extension.  We offered to extend to late September in exchange the deposit would be nonrefundable and released to us upon signing the release. The escrow created an agreement that all parties signed and the funds were released to us.

The buyer reached out about a week before the closing date and asked for another extension.  We said they needed to close as agreed.

The closing date came and went and we did not hear from the buyers.

We sent them a Demand to close escrow which included a 72-hour deadline. The buyer sent a text in response saying they needed 3 more months.  

After 72 hours, we sent a Cancellation of Escrow and contract notice to the buyers and escrow. 

Escrow created and sent out Cancellation instructions which we have signed but the buyers have not. '

Now we are trying to figure out our next move.  

I look forward to tonight's meetup in Bakersfield.  It is always great to meet new investors and catch up with old friends. If you are an investor in Kern County, Bakersfield, Tehachapi, or the surrounding area, I hope to see you tonight!

BP will not let me edit the original post so please note the correct address for this meetup is:

 Rusty's Pizza

1500 Wible Rd, Bakersfield, CA 93304

This is across from Valley Plaza Mall.

NOTE: DIFFERENT LOCATION THIS MONTH

The normal meeting room is being worked on so this month's meeting is at the newest Rusty's Pizza location in Bakersfield. 1500 Wible Rd, Bakersfield, CA 93304

This is across from Valley Plaza Mall.

We are in the large meeting room - the entrance to this room is just inside the main entrance.

Also, note that we will get started at 6 p.m. as this location closes earlier.

_________________________________________________________________

Your net worth is directly proportionate to your network!

Our group is all about networking with others. If you have an interest in real estate investing, flipping, wholesaling, buy & hold rentals, building wealth, loaning your own money, partnering with others, AirBnB, short-term rentals, or just want to learn from other locals, this group is for you!

Rusty's Pizza (Laurelglen location - corner of Ming and Ashe)

6675 Ming Ave, Bakersfield, CA 93309

The meeting room is a separate entrance to the left of the main entrance.

We openly welcome everyone and encourage everyone from newbies to seasoned pros to attend our meetings!

Bring a friend and pass this invitation along to anyone who could benefit from networking with others about real estate investing.

Our meetings are always free. There are no speakers selling expensive training or pushing products.

Your net worth is directly proportionate to your network!

Our group is all about networking with others. If you have an interest in real estate investing, flipping, wholesaling, buy & hold rentals, building wealth, loaning your own money, partnering with others, AirBnB, short-term rentals, or just want to learn from other locals, this group is for you!

Rusty's Pizza (Laurelglen location - corner of Ming and Ashe)

6675 Ming Ave, Bakersfield, CA 93309

The meeting room is a separate entrance to the left of the main entrance.

We openly welcome everyone and encourage everyone from newbies to seasoned pros to attend our meetings!

Bring a friend and pass this invitation along to anyone that could benefit from networking with others about real estate investing.

Our meetings are always free. There are no speakers selling expensive training or pushing products.

Our meet-up group is showing 14 RSVPs for tomorrow's meetup so it looks like it will be a good group.  If anyone is interested in real estate investing in Kern County or Bakersfield, come join us!

Your net worth is directly proportionate to your network!

Our group is all about networking with others. If you have an interest in real estate investing, flipping, wholesaling, buy & hold rentals, building wealth, loaning your own money, partnering with others, AirBnB, short-term rentals, or just want to learn from other locals, this group is for you!

Rusty's Pizza (Laurelglen location - corner of Ming and Ashe)

6675 Ming Ave, Bakersfield, CA 93309

The meeting room is a separate entrance to the left of the main entrance.

We openly welcome everyone and encourage everyone from newbies to seasoned pros to attend our meetings!

Bring a friend and pass this invitation along to anyone that could benefit from networking with others about real estate investing.

Our meetings are always free. There are no speakers selling expensive training or pushing products.