All Forum Posts by: James A.

@Joseph England looks amazing!  Great job, i will be following.  My partner and i are also getting into renovating.  Any advice on getting a good contractor?  

@Jim Sakalis Thank you for the reply. You are actually right they were making a lot of offers on Hud and foreclosed properties. I guess i was thinking if he had to buy them then pay the closing costs how was he able to be that profitable. But he did mention that for him it was a volume game. Do you have much experience with HUD or foreclosure?

@Ned Carey You are right sometimes you gotta get out of your own head.  Thank you!  I know i am asking a lot of questions.  I have a deal i am trying to wholesale.  Would you be able to advise me or is that against the rules.  It is in highlandtown and i went and saw the property. the owner is an investor but he bought a commercial piece and just wants the cash from this property.  He was leasing it out and they stopped paying and he had to have the tenants evicted.  My question is do i tell him i want to wholesale it or do i just try and get under contract then wholesale it?  

Ned thank you for the reply!  I kind of figured.   I know you are active in Batlimore and we are currently looking for another flip.  Some properties seem to be a good deal but i am always concerned why no other investor has picked it up.  From you experience do you think there is more opportunity than investors to capitalize or do you think ones like that they are passing up for a reason?  Thank you for the advise.  

I was listening to a pod cast and the gentleman was talking about making offers on mls listings and turning around then selling them to investors.  My question is if you are trying to wholesale do and make an offer can you assign the contact or do you have to close on the property then resell it to the investor.  Do agents in the industry frown upon this or are they general ok with it?  Thank you for all the help and any advise!

Hi BP community!  Happy to be making my first post.  I am really excited to network and learn from everyone.  I actually did have a questions for the experienced wholesalers or even an agent.  I was listening to one of the podcast and the guy mentioned he makes a lot of offers on Mls listing then flips them to investors.  Can you assign a contract to an investor that you have made an offer on that is an mls listing or is that generally frowned upon?  Thank you again. I am just eager to network and learn!!