All Forum Posts by: Rick Bevilacqua

Hey Brian, 

Great post man! Question..I am also located in PA and I was wondering what your take is on acquiring deals in our market? I am personally located in the northern suburbs about 35 mins outside Philadelphia. You mentioned Texas and other States but do you think there are Multi deals to be had here??

I think to simplify the equation, I'm wondering if it would just make sense to have the listing agent also represent me as the buyer therefore the other agent having the option to offer 1/2 of the commission to their seller or keep both sides, without me acting as a Realtor in the transaction?

 The idea would be that the money goes to the seller...I am just looking for an edge on competitive properties that are seeing multiple offers...

I'm looking for some input on whether it makes sense to the ACTIVE Agent/Investors out there to forego their buy side commission on all purchase offers made on their own behalf?? (Especially on MLS deals) I've had other selling agents tell me in the past that they would favor my offer and sell it to their client when all else is comparable, for the ability to offer their client 1/2 of the originally budgeted commission. I think it makes sense but I'm looking at contrary points of view. Thoughts?

Yes, please send a copy of your spreadsheet!

Thanks!

Wow! I wouldn't let that guy clean up trash on a job! Scary to think there are people out there that would attempt modifying a bearing wall and be SO far off on how to do it....

Wow! I guess nothing fully prepares you but life experience and the school of hard knocks!

@David Krulac

 Do you have a checklist of your due diligence items that you implement on every potential tax sale purchase in PA? That might help clarify (for me anyway) all of the things to be researched and investigated before a potential tax sale bid. Thanks!

@Steve Babiak

 Can the title company typically run that as an added service to the standard title search?

 @David KrulacI know this post is 6 mos old, but with everything you state above, how is it that you bid on these courthouse deals and protect yourself? As you stated above, outside of a Title search "UNRECORDED liens like Mechanics Liens, DPW, State Liens. IRS liens, municipal liens, utility liens also transfer to the high bidder" how do you protect yourself from these potential problems when bidding??