All Forum Posts by: Ryan Peterson

I to am a licensed agent in the state of WI. Joan was right earlier, you should be able to request a new agent from with in the same brokerage to handle your side of the transaction. The contract (boiler plate language) does not state your agent has to be present at inspection, and it is true that most brokerages don't allow for us to be there. We just tend to be a liability more then an asset. 

You should get an agent to work with if you are going to continue to invest later. Its their duty to inform you on the aspects of the transaction from start to finish. Our job is to protect and inform clients first and foremost. In the area I primarily practice in, short sales and foreclosures can take a long time to process so it might not be the agents fault at all. But again this is something you should be informed of before hand by your agent. I hope this helps.

Is there still interest in setting up a meeting? I know a couple people looking to join, plus myself. 

I'm bringing this back up. I know there is enough interest in the area to get a club rolling. If anyone is interested in starting one up let me know. I'm hoping on buying my first rental in 3-4 years and have a buddy who is buying his first rental next calendar year, and the networking opportunity would be a great way to open up more possibilities. I can get the word out to the Chamber of Commerce in Menomonie and I have  some connections that can get the word out to the rotary club in the area as well. I'm using this thread to gauge general interest first, then I'm going to reach out to the other state REIGs for help on getting everything rolling.

In my state the laws prohibit you from disclosing anything that may go against the seller unless you have a signed buyers agency agreement, otherwise we always represent the seller in the transaction. This might not be the same in your state. As Louis said he probably wants some sort of commitment before he starts putting to much of his own time into it.

Call another agent that specializes in investment properties in your state and see what they say.

Hi Nate how is it going? I'm from the Northwestern part of WI as well. I am also interested in starting a REIA in the area. I am just getting started in real estate investing and am looking for people in the area that are like minded. I have a buddy looking to purchase his first investment property next calender year maybe we could set up a time to meet and get something rolling. Send me a message if your interested.