All Forum Posts by: Matt D.

My assumption is that they intend to list it on the MLS soon, and my hope was to be able to catch it before that happens and see if the seller is interested in a cash offer for a quick closing and all that.

I'm just worried about the added complications of the real estate agent being involved. With the end buyer I have in mind, I absolutely do believe there is room for both the agent and I to make money. Where I'm hung up is the actual details of the transaction like I mentioned above - earnest money, proof of funds, and the other forms the agent's brokerage might require for the sale.

Would it be wise to just tell the agent that I'm looking to purchase the property with another end-buyer in mind?

Hey guys, I'm pretty new to wholesaling so I would appreciate any advice you could give on this subject. I recently got a message from the real estate agent for a seller I sent out marketing to, telling me he understands I'm interested in purchasing his seller's property and to call him back for more info if I'd like to make an offer.

I had no idea the seller was working with an agent already to sell the property, and my first instinct was that the deal wouldn't work if they're already listing with an agent, that it would be another middle-man in the deal, and he'd discourage the seller from selling for so low. But I do have an end buyer in mind for the property that tends to buy much closer to market value than typical investors, and think the numbers could work. The property hasn't been listed on the MLS as of yet.

The place where I have apprehension is in how the deal would work - I've never done a deal through an agent and so I was curious what sort of extra hurdles come with this, and what potential solutions I might have for them. The sort of things I'm talking about are earnest money, proof of funds, all the extra forms and paperwork that come with a traditional sale that I would assume the agent would insist on - is there a way around those things when working with an agent, or will I be basically stopped in my tracks once those get brought up? Will the agent scoff at me wanting to use my own purchase contract?

Any info anyone could give on the subject to help me get a better idea of what to expect would be incredibly helpful. Thank you in advance.

Hello, does anyone have any recommendations for an investor friendly title company here in the valley. One that does assignments and double-closes where the end-buyer can fund the transaction?

I checked some earlier posts but most of those posts were pretty old, so I'd appreciate any help or recommendations anyone may have! Thanks advance for any help!

Hey guys, I'm new to wholesaling, and I had a question about how working with another wholesaler works. Today I was in the records department in my county doing research, and a guy there noticed I was pulling information on properties and asked if I was a wholesaler. And he introduced himself as a fellow wholesaler and we exchanged information. Now I get a text from him about a property he's got under contract and he's asking if I can get him x dollar amount for the deal.

Like I said, I'm new to this, so I have no idea how working with another wholesaler like this would work. I'm open to shopping the contract around to buyers, but I don't have any idea what sort of agreements need to be signed or what steps need to be taken to ensure I get paid. I wouldn't think I could even legally market the property without some sort of contract. Does anyone have any insight to how I should go about this? Is it something even worth pursuing? I'm wholesaling out of Arizona, if that has any bearing on what is required.

I appreciate any help anyone could give me.

Hey guys,

I had a quick question. I'm trying to break into wholesaling here in AZ, and I also have my real estate license. I have some questions I'd like to clear up about disclosing my agent status.

Am I required to make this disclosure on any mail that I'm sending out? I'm aware that I would have to disclose it in contracts, but if I'm just sending out "I'm interested in buying your house" or "Here's a house I have under contract" kind of mail, am I required to make some sort of statement in my letters? Same with cold-calling potential sellers, do I have to disclose this during the call?

Similarly, any other situations I didn't mention that my status as an agent might come into play, please let me know.

Hey guys, new to real estate investing, and I'm trying to break into wholesaling. Specifically, I'm looking to market to probate leads in my county (which is Maricopa, AZ). From what I've read in the forums and online, getting the info required on these properties is as simple as going to the county courthouse and asking for the probate files, then requesting to see the inventories of those that contain real estate.

Unfortunately, the clerk I spoke to at the county's customer service center told me I can't see the inventories, therefore I can't see any property attached to a specific file. I can access all the other documents, but only a very small handful of those will help me find out any information about a property. I tried calling the probate court directly, and they told me the same thing, that I can't access the inventories of the probate files unless I'm involved with the case. I'm going to try and go into the probate court tomorrow and try again, but I suspect I'll be told the same thing.

Does anyone have any advice on how to handle this? Or anyone who potentially is familiar with the process for getting this information in Maricopa county? Would meeting with a real estate attorney bring any help? Or a probate attorney? It seems this information is harder to come by in my county than most, does anyone have any experience getting around a complication like this? Because I can't imagine that I truly am not allowed to view this information when in other counties you absolutely can.

Any and all advice or knowledge would me much appreciated, thanks.

Hey guys, I'm new to investing in the Phoenix area, and looking to get started with wholesaling. I want to market to probate properties, but I've been pretty overwhelmed with the process of finding the relevant information in these probate files.

I went to the county court's customer service center and was given a list of the most recent probate files and was able to use their computers to search each file's record individually. The problem is I was unable to find all of the information I was looking for - all of the research I've done online suggests I should be able to specifically ask for files that contain real estate, and can ask to see the inventories of these files to see specifically what property they contain. However, the lady working the counter told me I can't view the inventories because that's private information, which conflicts with basically everything I've read, but what could I say? She goes on to tell me that if I'm looking for property, I just have to peruse the will to see if there's any real estate specified, sometimes there will be, sometimes there won't. Of the files I got to view, not a single will had any details of specific real estate, the language was always, "devises and bequeaths any and all real and personal property" or something like that. Every now and then, I'd be able to find a death certificate, which would have the decedent's residence. This was only a fraction of the time though, and even then, I couldn't know for sure whether the decedent actually owned that property or if it was part of the file.

Does anyone have familiarity or any info on accessing the full contents of the probate records here in Maricopa county? I can't help but think that there is some way to get access to those inventories, but the clerk I spoke to didn't seem that interested in trying to help me. I want to be able to a) know for sure the lead I'm pursuing even has real estate attached to it and b) be able to reference the given property in the marketing material I send out. Do I need to contact a different location of the court? Are there alternate sources of getting this information? Would a real estate attorney be able to get me this info with easier access?

Any advice is welcome, if anyone has any insight or knowledge of how the court records work in the county.