All Forum Posts by: Joaquin Meraz

Hello, 

I have a RE Lic.  and I was thinking of the following fix and flip strategy when I encounter a seller with a fixer upper:

• Instead of listing it at a discounted price, wholesaling or flipping it, offer to pay for the rehab out of my own pocket then listed at market/top dollar. I would get my commission plus money spent at closing.

The benefit to the seller is that he would get more money for the property without coming out of pocket to rehab it. The benefit to me is that I would I get the listing and earn a higher commission.

I would only do basic flip and on properties that i feel confident to move quick. My only concern is protecting myself from seller trying to take it off the market once rehabbed. 

Has anyone done this strategy? If so, how do you protect yourself? 

There is one company I came across that does what I am talking about http://realtyrehab.com/. I just want to do it as an agent and on a case by case basis.

I live in the Bay Area where it doesn’t really make sense to invest in rental properties. I have a few homes in the Central Valley but even that area has gotten pricey and difficult to cash flow.

I have been considering in investing remotely. My question is would it be better to choose a market and stick with it or scatter investments in different markets depending on the deal?

It’s tempting to jump to where the better deal is but for convenience, team building and market expertise purposes, I feel it might be better to find a market and stick with it. Thoughts?

To attract partners, lenders, investors etc. Is it necessary or would it help to create a company name, logo, website, letterhead etc.? 

I am trying to get out the mom and pop stage and become more of a professional investor. When networking, looking for equity and deal partners does the branding stuff matter?