All Forum Posts by: Gregory Wesley

I would list the and then my buyer/investor would pay me a fee for bringing the deal to him. I will call TREC

I have done several Short Sales for friends, family and referrals and now I'm wanting to market and bring in short sale leads. I have read many posts here as well as blogs found on the web about short sales. I was thinking I could list the properties and receive my commission as well as a wholesale fee without doing the "double close" thing. I would simply be paid my commission by the bank/seller and then receive a wholesale fee from the investor. However, it seems as though even with full disclosure, I may be risking trouble by getting the fee from the investor. So, what do you guys think??? Should I give up the wholesale fee dream and what are some good marketing efforts? I know about bandit signs and looking for vacant homes.

Thanks @Karen Margrave.....I will do just that.

Thanks to everyone for all of this good information. I'm planning a trip to gain more knowledge. I will follow up with more info and hopefully a deal to analyze.

I like what you say but how do I find local developers? Just drive down there and see who's doing the development?? Like I said before there's not much development going on there but I'm planning a trip to check it out.

I like the idea of leasing the land. Looks like I should spend some time researching what kind of trees are on the land, who owns most of the land around there.

Yeah I don't think a subdivision would be what the doctor ordered because I dom't think there's any demand for it. When I said it was residential, I meant that's what the few buildings around there are used for. There isn't any growth around. It seems renting the land to a nursery is a good idea. What about lease to like Walgreens or CVS for warhouse purposes....

The land is about 90 miles east of Dallas in a small town named Hawkins. Population is like 1300. I don't know a lot about the railroad as far as if it's decommisioned or not. I haven't spent much time there since I was a kid(over 20 years ago). The college has about 600 students. There's really not anything going on in this town. I'm really like a warehouse, lease to nursery, whitetails, etc. I'm not looking to pour a lot of money and resources into this type of land.

I'm not sure about the zoning but it's a very rural area so there may be some flexibility there. There's about 3 to 4 acre frontage to an old 4 lane with a median hwy. No real traffic to speak of on the hwy. All of the trees were cut 9 years ago(thought it was 7) and they're growing. No real neighbors. Everything nearby is residential. Oh yeah the back of the land backs to railroad tracks.

I've inherited about 40ac of land an I'm trying to figure out what to to with it. The land is all together and not land locked. It's located about 90 miles from Dallas. There's basically nothing near the land. There's a small college about 10 miles away. That's about it. The trees were cut about 7 years ago for the lumber value. Does anyone have any ideas on what to do with some land like this?