All Forum Posts by: Robby Sanchez

Guru  Trainer whatever you want to call it all works the same.

you have the come on events that are either free or very cheap..  then they will usually sell a 3 day package that does a little more in depth

and that one can cost 2 to 5k.. then they go for the advanced training and those usually run 20 to 50k..  

And for many its worth it.. If they actually have capacity to transact.. but if they do .. someone like you a  veteran commercial broker is really all they need.. Someone who is looking to get into that asset space but lacks capacity and knowledge many times can find it there.

and of course majority do nothing. but you will have 10 to 20% take off no doubt about it.. I have been funding students of guru's for 20 plus years in the SFR flip and OOS rental game.. So know it works :)

Also you would be amazed at those expensive  boot camps the 40k ones how many real estate brokers sign up and pay for those.. Being a vendor at many of those events over the years ( introduced as a lender or capital partner) I have chatted with many.. Also you will get a fair amount of folks that say just sold their business for some amount of millions and want to learn this stuff and 40k is just play money to them.

And of course you have the others the dreamers who have to put it on CC and go into serious debt to do it.. ( which of course i would never advise to do)  but then again Hewlett and Packard started with a 15k loan in Palo Alto so who knows.

Hey everyone! I'm was wondering, will lenders always require a sponsor for larger loan amounts if you don't have any experience with multi family property management/investing? Thanks everyone for taking the time to read this post.

 Common hmm,, I am doing these 10 years about 50 mill in deals, never once has anyone said, make me an offer before you see it. Complete waste of time. Fill out all the BS realtors paperwork, and you may not even like the layout of the house. Very INefficient. 

some brokers will put this restriction on listings... there is an easy way around it.

just submit an offer with inspection period and/or neighborhood review, and take a look. 

amend the offer after walk through, or terminate.

if the listing broker is not forthcoming, sometimes a call to the managing broker can clear things up. 

that's all.

all the best!

If they really will not let you walk/inspect the property without an executed contract, then you have 2 options.....1) run, 2) offer really low and see what they say.

I'd just pass, I don't like playing games like this.

 It does not make a difference if SF or MF. Keep it simple. As , are you telling me you want me to give you an offer without even going in? If they says yes well something is seriously wrong. Again please connect with someone doing deals, 

All the ebst  

I've seen this before and it's total BS and for lack of a better term...stupid. I've seen it where there are tenants in place that the seller doesn't want to know about that they are planning on selling the property. Of course, you'll definitely want an inspection contingency and I wouldn't put an EMD in prior to seeing the property. Good luck.