All Forum Posts by: Robin Vidovich

Jason,
It depends on your buyers. 90% of my buyers DO come to the table with cash. Only on the larger properties is it an exception to the rule. Also when I get the property under contract, between the seller and I we determine how fast to close on a property. (with in reason)

I have not used these types of cards but have no problem doing so in the future because the seller does not understand assignment of contract and to put the details of that on a business card is complicated. If when I have the seller sign a contract and they don't agree with the terms or condition then they simply don't sign. I don't consider it a switch and bait, but simply a continuation of educating the seller.

Robin

Depends on your marketing stratigies.

Robin

Tyra,
I have done deals both with and without realtors. If they find a FSBO for me I typically will pay the fees to them (what ever the minimun is). Typically the best deals are found without a realtor when wholeselling. Often more money in the deal for YOU. It is much more work to get these properties but that is why you get the assignment fee for. However if you time is best spent doing other things and you don't mind a lower assignment fee then by all means, use a realtor.


Robin

David,
You may be using the term "wholeselling" differently than what most do. With a wholesale, the wholeseller never purchases the property. So if your clients are buying REOs they are purchasing and re selling them from what I understand of your post.

Robin

I did a wholesale last weekand collected my fee at the close table. (I usually collect all of my fees BEFORE colse) Due to the above conversation I did ask the end buyer to use discression and asked him to wait until the seller left the room/building befor he brought out my check for the property.
Everything went smoothly because everyone was on the same page.

Robin

Breau,
Google the words "assignment contract".
Tons of stuff pops up and some of it is free.

Robin

James,
Hello and welcome fellow PA Investor.
What do you mean by you provide choices for homeowners to sell their properties quickly???

Robin

Scott,
I can second the lower taxes in Philly. I am wholeselling one right now with annual taxes of $127.

I don't think that you need several deals at one time to offer investors to look at if you can network and market the property well! Of course it needs to be a desirable deal as well. The numbers will always make or break you in wholeselling!

Good luck and keep us posted on your success!
Feel free to pm me if you need a bit more support.

Robin

With a double close there should always be a seperation of church & state so to speak. Discretion is always key. But being up front with the seller is helpful as well.

Jovan,
Often times a good title company can be a word of mouth situation. My investors determine where a property colses but I usually make a suggestion to use one that I do most of my business with that way everyone at the title company knows what you are doing and the process. Try also talking with a realtor to see if they can make a suggestion for a title company.

Robin