@Jay Hinrichs I'm still in my 20's and have generated a nice income for my family and I. If I'd been involved in real estate for over 30 years, I'd be a billionaire by now buddy. By the time I'm 35, I will have multiple, 200+ luxury units in Miami, Los Angeles, and New York in my portfolio. The little I've done thus far doesn't happen too often where I'm from. Shall we get into who orchestrated ghettos, and segregation through government agendas, policies, and real estate laws? The same laws that literally were designed to help "a certain group of people" buy homes whilst deny "another certain group of people." And because the federal government had set those laws and standards, lenders "enthusiastically" followed their lead. These standards allowed millions of a certain group of people to build economic security while the same opportunity was not granted to their co-equals. Oh, I did my homework and is fully aware of the ballgame I'm in. That's a whole other conversation, isn't it? Yet, I chose to conquer and not makes excuses. Let's not talk about who dumped guns and drugs into our environment in the first place for those guys with criminal backgrounds you mentioned earlier...You seem like a smart guy....figure it out...You don't have the slightest clue how easy it was for me to be one of those guys....Instead, I've worked with guys who have "criminal backgrounds" since society is "less likely" to give second chances to a "certain group of people." I've had some cool guys find me vacant properties, as some would call it "bird-dogging" but I dislike that term and dislike the person who came up with it.
In regards to your comment about selling more than 3 homes without a license, I believe the seller must have a license to sell more than 5 of their homes in the state of wi. That pertains to homeowners(i.e. deed/title holder) In my case, my name/company's name is on either the title or deed. We assign contracts and work with "different" sellers who typically only sale 1 or 2 houses a year. As far as receiving yellow letters and not mentioning assigning, the term "assign contract" is industry jargon and unattractive through a yellow letter. Our response rate would drop dramatically if we put that on a yellow letter. You guys use the fancy word "fiduciary." No one knows what that sh!t means but real estate & stock brokers. The goal is to get inbound calls from home sellers which we do successfully. I explain to them over the phone or in person; we may buy the property ourselves or assign it to one of our partners but Mr. seller, you will still get your asking price no matter what. Agents/Brokers are not invisible and home sellers are made aware of their options if they are not already aware. When I say made aware of their options, I'm talking about listing with an agent. I've asked sellers, "hey why don't you just list this one with an agent?" 95% of them say because I need to get rid of the property immediately, need cash asap and don't want it sitting on the market for 180+ days when listed with an agent. I've assigned contracts in as little as a week, helped families, saved credit scores, removed burdens, and have received hugs, kisses and thank you gift cards. You want to talk to me about state laws in an unlawful corrupt country, lol. Stop knocking positive-minded, young entrepreneurs who are only trying to ethically feed their family and help other families during the process. I only engage and structure win-win situations my guy!
