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All Forum Posts by: Mason Aitken

Mason Aitken has started 4 posts and replied 25 times.

Originally posted by @Jay Hinrichs:

Any one in the flipping business for the life of me why they are not their own realtor its escapes me.. I think its mandatory.. for these exact scenerios.

 Because of time. I literally haven't been doing it long enough to get my license. It's been 60days. And between coordinating the project, working a full time job, and not neglecting my family it's pretty near impossible to get a license before selling the place. 

Hello All!

I was wondering if you guys had better ways to sell properties for less? I have a cool little place I am rapping up a rehab on but am cutting it close with realtor fees. I'm not trying to get rich but would also like to not loose money. I would love to pay people for their service but I'm cutting it so close I may not be able to. I mean no disrespect to the awesome realtors out there. I am also not a licensed realtor yet. Here were some options I have come across and wanted your guys opinion:

-sell to opendoor/offerpad. Huge (7%) fee associated with this option.

-sell conventionally with 6% fee. listed on MLS

-sell to unrepresented buyer. $2000 and have a realtor friend who will manage the sale/contracts for buyer and seller

-sell to represented buyer. $1000 plus 2% to other agent. Property will be listed on MLS and my realtor friend will manage the sale/contracts for buyer and seller.

Definitely open to other creative thoughts.

PS. its an awesome 3 bed 2 bath near McClintock and Elliot. Fully remodeled. New roof, new A/C, new kitchen, bathrooms, and basically every inch of the house.  1907 E Velvet Tempe AZ, 85284.

Post: Phoenix May Meetup and Networking

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

Man! I'm going to be out of town and miss this one as well! I apologize. Hopefully see you guys soon!

Post: April Meetup - No Fools!

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

Sorry I totally missed this event somehow. Looking forward to the next one!

Post: Better to filp or rent out in current market?

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

I offered $180 but they won't go any lower than $185. Looks like I have much to learn from you guys! 

Post: Better to filp or rent out in current market?

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

Thank you guys for the feedback!

Post: Better to filp or rent out in current market?

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

@Adam Dahlberg I would love to chat with you about purchasing in Tempe and other areas. That price range sounds perfect. Are you going to the meetup this week week?

Post: February Phoenix Meetup is Here!

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

I'll try and make it out there. Would love to hear your guys thoughts on how you structure your business. Ie llc, S-corp, etc. and what assets/liabilities you keep in each entity.

Post: Better to filp or rent out in current market?

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

I'm not asking for the easy route. Just wondering. I'll totally put the work in to chase down leads. Not asking for an "easy" button. All the places I've seen have totally unrealistic ARV's and super high asking prices.

Post: Better to filp or rent out in current market?

Mason AitkenPosted
  • Mesa, AZ
  • Posts 26
  • Votes 6

Any tips or places to look? Groups to join? People to talk to? Seems that's the answer everyone gives but never really leads to anything.