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All Forum Posts by: Jeffery Bigsby

Jeffery Bigsby has started 11 posts and replied 70 times.

Post: Wholesaler-middle-man

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

I know this post is ancient but Mr Investor, do you mind emailing me a copy of your flex contract. I am also a wholesaler that helps other wholesalers with their deals as well and just want to make sure I don't get cut out of the deal.

Thanks
Jeff

Post: How do you flip Commercial Properties

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

Anybody out there....

Post: Six more down

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

Can someone please explain to me what it means when a bank fail? I hear about them failing all the time but don't know exactly how it's possible(try not to laugh at me)

Post: HOW DO YOU FIND COMMERCIAL DEALS AND BUYERS?

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

I know this post is old and very informative.

Terry, when you say "expert team" exactly who should I put on this team? Lawyers, accountants, appraisers, or maybe contractors? Can you please give me your description for an "expert team"

Thanks in advance.

Post: How do you flip Commercial Properties

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

I've read often and in several different places that it's possible to flip commercial properties or wholesale them as you would a SFR.

I can't imagine that you (as the wholesaler) would spend a lot of money in legal fees for your lawyer to hammer out a 12 page p&s contract with the seller just so you can assign the deal to a buyer whose lawyer is going to want to hammer out the contract again.....

Or do you work it out as an option?

I'm not looking for a step-by-step playbook as I already know how to wholesale (and I'm sure no one out there has the time to walk me through the steps). I would just like to know what techniques are used to flip comm. property?

Thanks in advance.

Post: New to wholesaling... Contracts?

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

I know its kind of old but this is a great thread, learned a lot from it. I have a question though. What happens if you still can't sell the property after the 90 days that the hard money lender requires? Do you come under massive debt or does the hard money lender take the property from you?

Post: Recommended Wholesaler fee and referral fee

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

Thank you very much for that post Will. I read it top to bottom and all over again. It was very informative for a newbie like myself. I have a quick question, as a newbie, how would I separate myself from all the "fakes" out there? I've always believed in complete honesty and integrity and I never plan to cheat anyone out of any deal. Besides it will only hurt you in the long run anyway.

Post: Recommended Wholesaler fee and referral fee

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

Great post. I'm new on the site and I've been having the same problems. I think wholesaling is a better route for me and my market, plust the amount of money you make is greater. Thanks everyone for the posts.

Post: Single-family vs. multi-unit

Jeffery BigsbyPosted
  • Real Estate Investor
  • Atlanta, GA
  • Posts 83
  • Votes 15

This post really helped me a lot. I hear all the time that the amount of work is pretty much the same so I should start with multi-unit. Great post.

This was a great post done by the financexaminer(which was done on my birthday by the way) This is the first time that I've read about what it really takes to get into commercial real estate and all the barriers you will have to overcome for a deal to close. Everyone else makes it sound so easy and trying to sell you information at the same time. Thank you very much for the insight.