All Forum Posts by: Rebecca Hays

Ok, after a verbal agreement has been made, Do I have seller sign purchase agreement in person or can they do it digitally? Any other advice welcome!

@John Minock

Could I run some numbers by you? I'm stumped.

Thank you @John Minock!! I appreciate the advice! 

@Travis Steinemann

Where would I find a LA purchase agreement?

@Travis Steinemann

Thanks! That's good info. Now that I'm looking into it- I'm thinking maybe the house is in too much disrepair. Is there kind of a baseline for what buyers will be willing to do? It needs more than cosmetic updates.

In that case, would I just look at the lot? But if no one wanted to mess with the house, they would have to pay to demo as well I guess.

@Dreyson John Kuikaika Mahi THANK YOU! I can already see it's a lot of work, but I've enjoyed it all so far and will continue to put in the work everyday!

@Travis Steinemann

THANK YOU! I really appreciate your insight. I'm on the Northshore so not too far from you! 

That is all good to know- thank you! I have been driving for dollars and will continue doing that for now. I'm also working on rehab costs. I was in residential remodeling for several years so I have a pretty good idea of estimating costs. However, I was also able to have subs out to a property if I needed additional insight. Do you have any advice on estimating rehab costs? I assume you put in a certain amount contingency fee?

@Salvatore Lentini Thank you! Where would I find a purchasing agreement that made sure I was covering my bases?

Also, how much time will I have between getting under contract and selling? Is it a set time? Who determines the time?

Thanks!

I think getting started with wholesaling is my only option right now bc of funding. I’m looking for leads but what will My next step be if I do find a deal?

what steps are absolutely necessary before looking for deals? (Llc, find a title co, etc)?

Hello! Just starting out and have a question about a property-

The owner has been dead for 4 years. Looked into it, he had no wife or children. It looks like it was an investment property for him then he got sick and died. I looked on the tax assessor's website and it still says in his name. I don't see where there is a tax lien. What happens to these types of properties???

Thanks!