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All Forum Posts by: Joshua Top

Joshua Top has started 4 posts and replied 31 times.

Post: What did you think of today's BP podcast episode (Episode 500)?

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

I kept waiting for him to talk about the upcoming real estate crash, but all I heard was that it's time to buy more to hedge against inflation.  

Post: Skagit County Real Estate Meetup

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Jordan Radke  Sorry can't make it on the 14th.  This is a busy week for me.

Post: Skagit County Real Estate Meetup

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Julie Marquez I was just there with the kids on Monday.  They can't get enough of that tire swing

Post: Skagit County Real Estate Meetup

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Grace P. @Julie Marquez  Please keep me in the loop, I would love to attend.

Post: Financing next property with Live in Duplex Rent / Payment

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Blake King I would check with Mountain Pacific Bank.  They just opened a branch in Burlington, right next to the mall.  Sometimes the newest bank in town is the most flexible, as they are looking to grow fast.

Post: Home Insurance recommendation in Seattle, Washington state

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

Hi @Sam Denny, my office is located in Burlington.  We are an independent insurance agent and have a number of commercial insurance companies that can take a look at your property.

Post: Cabinet sourcing recommendation in Seattle area

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Sam Denny I have heard good things about www.rtacabinetstore.com

We have used IKEA a number of times but are looking for some more options. I am also in the Sedro Woolley market, I almost put in an offer on your 6-plex.

Post: 14 Properties purchased in 10 years - how we found each one...

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Nghi Le Thanks!  We tend to focus on homes that need a lot of work, that way there are less surprises that can blow up the budget.  

We just closed on our 15th property, I think it is better than all the prior ones combined!  I will put up a post soon.

Post: 14 Properties purchased in 10 years - how we found each one...

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Kathryn Bowden If a selling agent has a full price offer from another buyer/agent and I come in with a full price offer as well, they will make sure I get the house.  Whether they get 4% or 6% doesn't matter to me, I just want to buy the house.

I have done enough deals to where I don't get much value out having a buyers agent; I am fine to essentially be on my own.

Post: 14 Properties purchased in 10 years - how we found each one...

Joshua TopPosted
  • Flipper/Rehabber
  • Sedro Woolley, WA
  • Posts 31
  • Votes 29

@Kathryn Bowden I have not brought up commission amounts to the seller's agent at all.  If I want to purchase a home, I just call the listing agent and let them know that I am looking to buy and that I am not working with an agent.  If they negotiate a slightly smaller commission with the seller to get the deal, that is up to them.  I would not go to the seller's agent and expect them to do both sides of a deal for only one side of the commission.  

Our market is very competitive right now; if I come to the selling agent with a full price offer, they are going to be motivated have us get the deal and they will maybe get 4%-5% instead of the standard 3%.

All this being said, if an agent brings me a deal, I will use them for the offer and they will get the commission.  I only go to the selling agent if I find the deal on my own.  Using agents and then cutting them out of a deal is bad business.