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All Forum Posts by: Michael DuVentre

Michael DuVentre has started 20 posts and replied 60 times.

oh no! @Jay Hinrichs 

 I don't think you're full of crap .... .... no matter how many others you say think you are!

in regards to my ability to close, I believe I can close! I have talked to the executor and I did tell her that I could close the deal. I have expressed that I can close........ verbal agreement. I told her , I know how difficult it is for her at this time for being the personal representative and grieve at the same time. I told her I wanted her to consider my offer and for her to take her time!

I gave her a verbal commitment but no contract. So if she has to take 3 or 4 more weeks grieving and liquidating other things in the will , its best! In the meantime I will take this time to continue to look for investors.

and in the event that I can not.... I will tell her, mam I don't believe I can close on this.    

Jay Hinrichs, its people like you that I look up to! I want to be a developer, like you.... an investor.... an entrepreneur!   Im a newbie....   but hopefully one day with guidance I can be as successful as you! Im not going to be a know -it -all -or as savvy as the next person, but every day is a step closer, so you may think its "mudd" but the purpose of me asking the question in this forum was for savvy individuals like yourself to educate me instead of using rhetoric to tear me down.   

since your old school im pretty sure you have heard the term, you can catch more flies with honey than you can with vinegar,"   .... ...

thanks for t

THANKS @Dave Metsker @Mark Pedroza !!!!

@Jay Hinrichs  actually...

Me and the executor have communicated many times over the phone . Nothing is set in stone. Me and the executor are still ironing out details. I told her there is no rush to do anything as of yet , signing a contract wise. So while me and her are still talking im looking for investors for this POTENTIAL deal.

No ham. No foul.  

1. I will not be purchasing the home, I am wholesaling it to an end buyer! I do not have a buyer yet but I am currently telling investors about this. If I don't find an end buyer honestly I will back out of the deal..... I hate to say that but I don't have the funds to purchase it myself

2. Thanks for your professional advice @Jon Holdman 

 .....

I recently found a really good deal in my home town. This is a probate deal I am working on. The person who owned the home died and it says in the will that the home must be sold and the money received from selling it will be split between the heirs!

* there are 4 heirs

* the executor of the estate lives outside of the city and so does all the heirs

the ARV is 125k and the repair costs are 2k

I told the executor that I could giver her 60k cash and could close in 15 days. (15k per heir).

The executor told me she doesn't know if she can sale the home.  .... I told her to call her attorney assigned to the probate estate.

DO you think when she talks to the lawyer he will tell her something that would make her back out!?!?!?!?!?!?!?!!?

THIS IS MY FIRST TIME TRYING TO WHOLESALE

@Paul Timmins 

 can you elaborate a little more in detail! I really appreciate your incite sir!!!

I really like a young jedi

Im a newbie  wholesaler! I have not actually wholesaled a property yet but I have one property Im working on.

I recently called a real estate agent and told him I am looking for a real estate agent that can do CMAs for me. He has never worked with a wholesaler before but was interested in what I am doing ... .. or trying to do lol.He told me to meet with him this week. ... ... What are the things I need to tell him to get him to come aboard and what can I do for him so this business relationship can be beneficial to him as well !?!?!?

THANKS

thanks so much for this information Mr. Metsker

what if there is no will though!?!?!?

1. How do I find out if the probate executor, administrator or personal representative has "full authority , no bond" !?!?!

"full authority, no bond" is the type of representative that wholesalers want because they have the power to sell the property without the court right!?!?!

wow!!!! I can't believe what I'm hearing! Are y'all seriously telling me this person is BS'ing me?!?!? I'm shocked! Why would they lie to me like that?!?

Guess I will have to get another realtor then. Thanks everybody!

Hey I'm Mike and I'm a newbie!

I am determined to be a wholesaler! I have recently connected with a realtor that has agreed to do my cma's. I gave her the property address off an abandoned house and she said she would give me the cma on it sometime this week. Well she just called me and told me that she can only do cma's on properties that are on the market. She said if the home isn't on the market currently than she wouldn't be able to do one.

WHAT DO I DO NOW?!? How can I get a cma on the home then?!?