All Forum Posts by: Jeff Schwarz

In regards to Ed and Jon etc and their React program seems most all of their advertising is geared around your buying the program, finding the right property and getting a contract on it, and then turning it over to them to sell. And yes they do that however, the real program is teaching you how, by steps, to contract on FSBO's that are priced near their true value, market them, and sell them yourself. So like all so called guru's you spend the money for the program and you will either, 1) do nothing after receiving it or 2) follow their ad's and send them properties that qualify, or 3) add their methods to your bank of knowledge and do it yourself. Either way you receive additional education to go along with whatever real estate, sales and marketing, and people knowledge you already have. If your a professional you know that you should be continuing your education thus the React program can be a system to work in itself or a very low priced additional bank of information to add to your knowledge base. I bought it, used a very little, and am very satisfied with the information I gained from it. Just my thoughts folks. PS: LaGrand has been around very successfully for over 30 years and has a ton of good solid information available also. Granted he is a super salesman at promoting his courses but you will get a good investor education from him also.

If you have a Realtor you know and can work with there is also such a thing a forming a partnership and your Realtor partner can then do Realtor work while actually being a partner.  They of course have to disclose this to all concerned but they get paid out of profits and the amount depends on your partnership agreement.  Just my thoughts, this works for many investors. 

Jay not just $250 to $1,000, as a broker of funds I have visited with people who lost in the thousands.  One gentleman a few years ago lost $50 thousand to scammers.  Another was a lawyer in Kentucky lost to a scammer.  My opinion, no, zero, nothing, nada, up front money to anyone to get you a loan.  Eventually yes you might have to pay for a survey or appraisal and maybe a small amount for something.  But no up front money should be paid, I don't need any up front money to work to hopefully get someone funded. 

Just a thought since someone ask why sell off market? What is market in any given area? People were selling in so called off market long before MLM was created. FSBO works or it would not be used. Granted many who try to sell as FSBO don't get it done or are lost when they get a potential buyer. Hey same applies when selling cars, pickups, farm equipment, horses, etc etc etc. My opinion about selling is simple, accept that some do and some don't and as and investor buy and sell according to your own needs and abilities. Don't spend your time trying to figure out something you have no control over. Buy FSBO sell FSBO or buy listed sell listed, it's up to each individual. If you know how why pay a Realtor and if you don't maybe you need a Realtor. As and investor I find the best deals when dealing with a FSBO thus I am not paying some Realtor to do what my real estate attorney can do (over and over). As and investor my job is to find a good deal, fix it if necessary, and sell it for a profit (or keep it of course), by using every legal method available to me. Hey just my opinion.

Heir a Realtor for a fee to do the paperwork or better yet turn it over to an Attorney who handles real estate as his specialty and let him?her handle all the paperwork> 

We recently sold our home though a listing company. Paid them 1% and paid selling agent 2%. That is what we had on listing agreement and no showing Realtor ever ask why or would be raise it etc. Listing company is just that. they listed on MLS and put a very professional sign in front. Also very professionally handled all Realtor calls and set up appointments. Had about 8 showings and a fast sale. Love it, also sold it above going market price for cash. This was in the mid-DFW area of Texas.

All of you are hearing the sales pitch and not the actual guts of the REACT program. Lots more to it. You actually learn how to purchase and flip FSBO's that are being marketed for around their actual value. The $100,000 above market value part of the program works if you find a property like that but the real guts of the program is not that part. It is learning how to flip properties that most investors are not even paying attention to. Don't criticize what you don't understand and if you can't afford the price they do have a monthly payment plan I think it is $29 if your credit qualifies. It is and outside finance company. If you can't dig up $29 per month for a successful program that has been out there and being used for a long time then either you are in the wrong profession or you already know everything and don't need it. Question for you: I you bought the program for $2,000 and actually flipped a house because of the knowledge and you earned $2,000 was it worth the price? Can you do it again? Hey thanks for reading this far, just giving my opinion and thoughts.

ForSaleByOwner.com and FSBO.com are a great place to start, in most major areas will keep you very busy. Craigslist and Backpage are great but lots of junk, Realtor adds, etc. Make the calls, send the emails, spend the time and it will pay off.

My suggestion is always use a certified licensed real estate attorney.  One that specializes in real estate.  Costs a little more but you have his/her complete attention all the way through the closing.  Yes allow the attorney to do the closing.  Title companies are great but and attorney that works for you is just that, working for you to make sure everything is right etc. 

use a real estate attorney not just and attorney who says he/she does real estate.  They would more than likely have the necessary contracts for you to use.