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All Forum Posts by: Logan Merrick

Logan Merrick has started 4 posts and replied 22 times.

Post: Ethics of wholesaling

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Jonathan Greene gave you a call since your number is in your response. Feel free to call me back...doubt you will though.

Post: Ethics of wholesaling

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@J.j. McGuigan thanks man. Feels more like Facebook and less like a bigger pockets forum.

Post: Ethics of wholesaling

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Steve Vaughan thank you. That's the type of feedback I was looking for.

Post: Ethics of wholesaling

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Jonathan Greene it's not on the MLS. The agent is an insurance agent not a real estate agent.

Post: Ethics of wholesaling

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Wayne Brooks I already have multiple buyers, so I wouldn't be ”tying up” anything.  

It seems from your comment though you don't like wholesalers since you're calling them ”yahoo wannabe”.  

Post: Ethics of wholesaling

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

I'm needing some wisdom on a possible deal. I am a roofer by trade and was contacted by an insurance agent friend of mine who asked me to take a look at a roof for him that was currently needing to sell.

I won't go into the the story because it's long, but basically there's not a claim to be made due to a warranty issue with the shingles and the manufacturer refuses to pay the claim. Here's where I need help.

This house can not pass an inspection because of the roof and the home will go into foreclosure soon if it doesn't sell. The real estate agent is not a good one and is currently not doing the homeowner any favors.

I was curious if anyone would feel it would be eithically wrong if I made a cash offer to the homeowner? I don't want to include the real estate agent on this, but should I?

Any wisdom would be appreciated. Thank you in advance.

Post: Would you offer on a house that has foundation issues?

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Ryan Proffit will do!

Post: Would you offer on a house that has foundation issues?

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Ryan Proffit What's up Ryan!  Yeah it is brick, but it has this skim stuff over it and that is falling off.  I had a seasoned investor friend look at it and he said to stay far away from it.  

Post: Would you offer on a house that has foundation issues?

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Gary Parilis great question. I didn't know it had it until I saw it. I then didn't even consider it until I read people on forums saying they shouldn't be rejected because of it. So I thought maybe I should consider....that's when I jumped on here to ask the question.

Update though...took a very seasoned investor who is mentoring me to see the house and he told me "no way!" So, staying far away. Thanks everyone for the insight and help.

Post: Would you offer on a house that has foundation issues?

Logan MerrickPosted
  • Rental Property Investor
  • Lincoln, NE
  • Posts 22
  • Votes 20

@Mark S I appreciate you guys giving me sound wisdom. Thank you!