All Forum Posts by: Joseph Ball

My point was this. If the agent's job is "Highest and Best", how does that serve your interests? Your job is probably "Lowest and Worst." 

If the agent has a fiduciary responsibility to the Seller (the Estate?), how does that work?

I highly recommend Lake Oswego, Oregon. It has wonderful summers, no alligators, few mosquitoes, no reported hanging chads, and the Kennedys stay indoors. Wonderful place for real estate investing.

Thank you for your awesome service.

I have bought properties in "Crappy areas", and in good areas. I will say the "Crappy areas" often yield good cash flow, but you work your butt off, and have regular problems. "My wife, she. My dog, it." The return may be acceptable, depending upon the cash flow and how many midnight calls you can handle. I have hired property managers for the crappy ones, but that is a problem, too. The good ones don't want the bad ones.

@Judy Parker is correct on another issue. When you buy "crappy", your exit strategy is usually to another shark investor. 

I think the ideal portfolio is a few properties that throw high cash flow (crappy), a very few that throw negative cash flow (you think they may have appreciation potential, and you bought for nothing down) and a bunch of bread and butter 3/2's in good neighborhoods, that throw moderate positive cash flow. 

I guess it depends upon how much you have to pay. I generally buy low-end for almost nothing.

I like @Joe Villeneuve ending to his emails. I don't have enough money to afford a "regular ending", but I often say, "I would rather lose sleep over the one I didn't buy, than lose sleep over the one I bought."

Again, many thanks for your fine service.

Check your state laws. You may need a real estate license, to do what you propose.

Hi Carlos, Of all the venues available to you, may I ask why you chose to start with wholesaling?

Do you have a real estate license?

Good luck!

Wait a minute. You are working on a $3 million to $20 million deal and you are new to this? Did I understand this?

OH! Massachusetts, for sure! Florida has mosquitoes, alligators, swamps, and hanging chads! 

All Massachusetts has is Kennedys.

You may think we are being hard on you, but @Bill Gulley is correct-in Florida, anyway. It is not legal for an agent or broker to share a commission with an unlicensed person.

Please accept these constructive comments in the context they are offered. We are trying to help.

If you expect a shared commission from a Real Estate Agent, you had better get a license. It's a good idea anyway, for the educational benefits.