All Forum Posts by: Gary Parker

Go Utes! Rich Weese the BYU Utah game should be incredible this year as both teams should be undefeated this year. Utah needs to go through Utah State which could present a small challenge with all the story lines behind the game but they should get a win. There is also the chance Utah and USC could both be undefeated for the 10/4 meet up in SLC. That could be a great one. Not sure if you will be in AZ 9/22 but Im coming down for the AZ St & Utah game. Would love do lunch or something. Also, having a BBQ my house before the BYU Utah game if you are in town. Ok better get back to some yard work to be ready for Michigan vs Alabama tonight. Really want Michigan to win this one.

I agree with Brian P 30 to 40 cents on the dollar is rare in my area; although, it has happened to me with probate. Most of the time there are several bidding up the properties. As a realtor it is nice to always fall back on getting the listing.

I like "Mastering The Art Of Listing Real Estate" by Tom Hopkins. It is a set of CD's or mp3s. http://www.tomhopkins.com/p/1001.html

This is what happens when i dont read BP often enough...I miss the deadline!

50K is possible on a rehab but the exception rather than the rule for me. I am sure this is the rule for some but again not for me. 50K is much easier to make on a high end property; however, your risk is a lot higher. At the very least it is not simple. If you bought their $25K coaching I am sure it would include a lot of time studying their material. Please take the other's advice on this thread and use that time to read the information on this site. Save your money for marketing.

BP / Resources / FilePlace / Marketing Docs

There are some post cars here. Some tips, spell out the benefit to the seller for example "You will receive cash...." not "I pay cash..."

There is a marketing discussion on BP and lots of old threads you can go through.

My business took a large step forward once I realized there is no magic postcard or letter. Send mail and knock on doors and talk to people. Aaron Mazzrillo had some great advice in this thread.

Thank You Michael. You said contracted Michael so does this mean you mean simply controlling a property then listing it on the MLS? If that is the case do you simply get the property UC for a specific price to the seller then list on the MLS? I am assuming you spell all of this out in an addendum. Anything you can add to the scenario would be appreciated.

For example, through my marketing activities I find a motivated seller of a property that needs work and I can purchase for a price that would allow me to either sell the contract for a fee or list on the MLS as others have indicated they do in situations like this. The reason for listing on the MLS is they can obtain higher profits. My question would be what is the best way to structure a deal in this situation if I want to list on the MLS? I could purchase and list but if a rehabber purchased there could be 3 title transfers in just a few months. If the seller agreed, is there a way to control the property then list on the MLS?

In reading various threads in other categories I have read about people that are controlling or buying properties and then listing them on the MLS rather than "wholesaling" the property to a rehabber or some sort of buyer. Rather than interrupt the subject of those threads I thought I would post here and ask how those types of deals could be structured and what the ramifications of structuring a specific way are. For example there are seasoning issues and many properties would not qualify FHA.