John Horner - Kevin Delaney - Here is my answer....Each of my cash buyers( I'm going to refer to them as Investors, because I don't think that you guys like the cash buyers thing, though all of mine are 100% cash.) are attracted to different properties.
I don't know if you have heard about the "distressed, blighted, zombie" properties on Long Island or not....I have found, on my own, over 50 of these properties by driving around on my own and because I was once a very good Republian Girlfriend..to, well.....a very good Republican ex Boyfriend.... whom Is still a close friend..... I have a rough total of 125.....They are all different and occupy every single town on Long Island. Many of them are in the most gorgeous areas I've ever seen and are on huge pieces of beautiful land, in blue ribbon school districts and no sex offenders. I'm getting to the answer...just hang in there....
I have tons of investors....they are like ants; they are everywhere. I have assigned many of the properties to my Investors. Other investors have zero interest in them because 85% of the properties would require digging up Mel Blanc and having him blow them up with dynamite (total tear downs,) B. They have zero interest in building a 3/2 on 12 acres of gorgeous land.
I have many many many investors that have 100% zero interest...I'm dead pan serious... they wouldn't pick up the phone, on their own, at any point, in their entire lifetime, to call a realtor, seeking the property which requires their exact specs, formula...whatever you want to call it... This town, this block, these windows, this type of Church Bell, and have 300 bedrooms...I don't know, but I think you get my point. They text me.
THIS is where I come in as a wholesaler. While my Investor Tom, his wife, 2.3 kids (I never understood what that meant,) his Boat Manager, and Chef are on their private Yacht on their way to Bermuda... They text me what it is they are looking for..... and say....GO FETCH. There is absolutely nothing baleful or corrupt going on in my mind when I approach a realtor. I am not asking for special treatment, I am not asking for them to "mark up the MLS deal", which honestly; I never heard of before until today, when John mentioned it. I am simply asking the realtor to fill the needs of one of my investors and Oh...guess what?? If she or he has what the investor is looking for...I get to feed myself, and buy Laundry Detergent too!!!!
No peccadillo, but I have many investors that just don't like realtors. They like wholesalers a whole banana bunch better. I take at least 50 to 60 pics of the house inside and out, I find out about rehab, updates, taxes, the electrical system, are there tenants, floors, garages, central air, did anyone die in the house.....(yes, I was once asked.)...Blah, Blah, Blah...put it on a postlet, text them the link and get an answer....
To be quite dispassionate, one should consider the fact that I have roughly 40 to 55 houses, sitting there, with families of Raccoons living in them rent free, and are BBQing wabbits in their backyards.
I really really hope this bring some clarity to you guys because I gotta go. One of the Raccoons has invited me over for dinner.
Cheers,
Karen
