All Forum Posts by: Russell William Phillips

Excellent! Thank you both for the information and advice!

Hey all. My LLC, which is just me and a partner, are looking to purchase a rental property in Maine. I hold a real estate license in Maine. Is it possible for me to act as the buyer agent and collect the offered commission on the sale?

 Portland/South Portland Maine. The comps are good. I guess it just seems like a red flag that they havent been scooped up yet. Although they have since been put under contract. It was just longer than I expected.

As for the legality, I do have disclosures in the contract expressly covering assignments and profiting off the sale of the home.

Hello everyone,

I recently have come across two properties that are on market. I ran the numbers and both properties meet the 70% guideline for wholesaling. Both properties have seen a fair amount of attention. I have been hesitant because I feel like I am missing something that makes this, what I think to be a deal, not a deal. Does anyone have any advice on maybe what else to look for to make sure I am actually getting a deal under contract that is a deal I can market to investors? I am in Maine btw, if that helps in anyway.

Thank you for your time,

Russell Phillips