All Forum Posts by: Jason S.

Are you trying to discount the unpaid balance down to market value or from market value?

I think the economy must be getting better. I just had a dry wall guy work for a day and then he left for a better job - told me I did not owe him anything. It's a 3 day job so if I can pull this off a couple more times I will get it free.

Anyone have a inexpensive drywall guy in SoCal Inland Empire?

Maybe this is a new economic indicator - subs leaving jobs.

Do you have access to these?

Opted in for the analyzer - I like how you explained each variable/input. Looks like you do not do business in my state - but the analyzer is useful either way.

I have seen that error before - I think you just need to fill in every field. Give it a try because their analysis sheet that comes out as a result has more variables than the input sheet - I think it is good to look at to understand the whole process.

Maybe, and I do not really know the best way, but....

1. Have enough $$$ for a good EM deposit.
2. Get POF.
3. Find deal and lock it up before the investors do.

I am not certain what I would do as a wholesaler and it also depends on your market. But in my market there are a lot of homes that are deals that get taken on day 1. If you are the one that gets a deal locked up on day 1 - then you have something to sell.

It was mentioned that most wholesalers bring what all of us have already seen - this is true - but if a wholesalers has a true deal, already locked up, that may be something of value to offer.

1. Make certain you know a deal when you see one because you do not want to be blacklisted by the Realtor for not closing.
2. Make certain you have serious buyers at your fingertips and know their criteria for purchase.
3. Make certain your offer is made in such a way that you can transfer control.

In this scenario, it is not a matter of finding what others have seen and rejected, it is a matter of getting to a deal first.

Or - you could lock up a single cash buyer, scout for deals, and when one comes up get them to make the offer immed. If you are credible in your research and they are truly and actively buying - this could be a win win relationship.

what year is the home? Lead paint issue?

You can legally act as a finder in CA. But be prepared to defend your position with the Ca DRE. You would be better off getting an agent/broker/etc to sign off on the site and simply run it in conjunction with them. You will not have your site up for long before some agent will snitch on you, whether you are doing right or wrong, they will snitch and the DRE will investigate.

This is a great little deal analyzer and can give you an idea of what to include in your analysis.

http://www.zincfinancial.net/dealanalyzer.html

I am not affiliated in any way.

As did I. Interesting.

I am wondering when our profiles changed from usernames to actual names.

Oddly enough, in light of the conversation, I have had people find me from other forums given my username as well as my avatar.