Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jim Bartek

Jim Bartek has started 1 posts and replied 13 times.

Post: Use a realtor to buy a Short Sale?

Jim BartekPosted
  • Indianapolis, IN
  • Posts 13
  • Votes 2
Originally posted by @Nick Schroeder:

Hi Jim,

Im an investor, flipper and agent over in Cape Coral. If you need help with that purchase Id be happy to help you. Also since I've flipped multiple properties in the cape I'm sure I could refer quite a few good priced and good quality workers to you

Let me know.

 Thanks Nick, the heavily damaged short sale is in Indy not Ft. Myers but good to know. 

Any reason you choose Flipping over long-term or vacation rentals in SWFL? Thanks

Post: Use a realtor to buy a Short Sale?

Jim BartekPosted
  • Indianapolis, IN
  • Posts 13
  • Votes 2

They cost you when they steer you to only deals their friends or they are selling and leave out deals that would be better for you.  

They also cost you when you could otherwise negotiate directly with the bank, and with costing the deal more money.  They also cost you when people on Bigger Pockets have said it is easier to negotiate a Short Sale when dealing with the Seller's realtor directly so they pick up both sides and are more likely to work with you on price.

But being a Realtor, I'm sure you realize this.....  

I am looking to learn what discerns the value of a good short-sale/REO buyer's realtor vs. the average on-market primary residence realtors that I only have experience with.

Post: Use a realtor to buy a Short Sale?

Jim BartekPosted
  • Indianapolis, IN
  • Posts 13
  • Votes 2

Long time lurker, finally getting serious about investing in real estate as an alternative to the stock market.  

Question:  If I am looking to buy a severely damaged (flooded basement, mold, etc.) home on a short sale or right before it enters short sale, do I need a Buy-side realtor?  I've never had a good experience with a Realtor as I am a pretty smart person and have done a lot of house renovations/repairs/inspections and know contractors, etc. to do all the repair work or do it myself. 

Are there any more short-sale / wholesale /investor minded realtors that will cost less to use, just to help me manage the short sale process?

Also, if there is anyone in Indianapolis or Fort Myers I can talk to that would be helpful.

Thanks