All Forum Posts by: Jeff Schwarz

Agent first if you are going to use and agent.  Three choices.

1) Experienced agent

2) New agent who wants to get things done

3) Lazy agent who does just enough. 

They will all be paid the same.  Also your choice in most states: use a Title Company or a Real Estate Attorney or rather one who specializes in real estate. 

Yes I have and you find out all the answers to your questions in the program.  Much more to it then the basic's you hear or read.  Like any source of info you pay for you get what you put into it.  I will say that it is very different than anything all the other "guru's" out there are teaching or selling.  If you want to visit about it anytime feel free to contact me.  

A bottle of very good wine is always a welcome gift (if they drink wine of course) and 2 very nice wine glasses.  I enjoy giving it and I enjoy receiving it. 

$10,000 ?.   only if you know you can get the rest and if you can get it back if for some reason the deal falls through. Here in Texas the law says something of value, it does not say to put up as much as you can to show your serious.  now if you have a solid contract and you control all the necessary funds that might be different.  

You won't get burned if you follow the directions. You will spend way to much if you don't follow directions. Understand ahead of time that you will not sell all of the properties you contract. In fact you more than likely won't sell the majority. Contract all you can using $10 and the right clauses in the Agreement so you can be released when it doesn't sell. Sometimes we use a standard contract and other times and option. Market market market each of the properties. You will sell some. As a note yes you must be sure you have enough profit to pay advertising costs, closing costs, etc. and make a descent profit. Your usual buyer will be someone wanting to live in the property. Some buy and hold buyers may also purchase. REACT is not for and investor who in only interested in one or two properties at a time. It is a numbers game, contract or option all the FSBO's you can while constantly advertising, showing, and selling.

Have you checked into setting up and unsecure line of credit in you business entity name.  then use it for down payment and/or other expenses. workd great.  ask me or your funding broker. 

Angela, like any guru type program or teaching program you get what you put in it. If you pay $1,000 for a training of some kind and get one sentence out of it that earns you more than $1,000 you are ahead of the game! REACT (yes I am also and affiliate for them) is really pretty simple, find a nice FSBO, get and agreement (contract) on it, market it for a profit and hopefully sell it. They just teach you how to do this and supply the agreements, info, list of do's and don'ts etc. What I like about it is I am not competing against all the other investors out there looking for the best lowest priced wholesale or fix and flip etc out there. Rather we are looking for FSBO's in good condition, meeting the seller price or hopefully lower than current market, then advertising it and hopefully selling it for a profit. Our biggest competition is retail buyers looking for a home. If the seller finds one while you have your contract in place then good for them, let them sell it and you find another one. With REACT hopefully you have 10 or more under agreement at any one time anyway. OK I am rambling. If your still interested and have questions or want to visit feel free to contact me. check it out and make sure it might be something for you before you buy. Thanks, I hope this helped, jeff

It's like the systems taught by most so called guru's out there. If you put the knowledge you gain to use that knowledge or part of it will give you new insights into real estate. It's not the price that is high it is your ability to gain knowledge from the info you purchase. Their system is really pretty simple, get an agreement on a FSBO property and then market it for a profit. Be sure and leave yourself a way out of the agreement or be prepared to close on it if you don't sell it by the closing date. The so called genus about it is most investors are looking for the lowest priced property so they can get a contract on it and wholesale it. In my area that means that a lot of "wholesalers" are competing for the same property. With REACT you are only competing against retail buyers and if one offers more than you let them have it and go find another nice FSBO. Oh and one more thing, yes I am and affiliate for the REACT program so feel free to contact me with any questions.

Your choice, if you want to do business with the agent then sit down with him/her and have a serious conversation.  Or, find another agent.  

sounds like a car salesman trying to add on to the deal.  not very professional especially for a Realtor.  actually if that happened to me I would either have a discussion with real estate commission for Texas or have your attorney do it for you. juse my opinion. jeff