All Forum Posts by: Steven Fiszer

Yeah,

Somebody who offers 50% of net profits to their AR's might just be looking to steal your identity.  

@Chris Bounds

It sounded more like a an internal wholesaler position more than anything else. It kind of scared me that the guy was out in Georgia and I am from Chicago. He also wanted me to pay for my background check. A little fishy for a guy who spams craigslist.   

Thank you everybody for your help!! I will draft a letter and send it tomorrow.  

I drove by a potential wholesale deal today (Grass was 3 feet high). When I got home I realized that the owner had paid the tax bill recently. Should I still pursue it? 

In a basic nutshell you find a property that the owner is willing to give up equity in and you market it to other investors. When you find the investor for the property you then take the difference between your asking price and the home owners asking price. 

 Chris,

I have a conference call for the job of an acquisition rep. It is a 1099 job that pays around 2-5K a deal. I will let you know how the call goes tomorrow.   

Mr. Wise,

I am interested in your job offer. I am currently located in the Chicago-land area but I am not against relocating for the right opportunity (I want to become a real estate investor/developer one day). Currently I do not have a real estate license but I am more than happy to obtain one while working for the Holton-Wise group. I am currently working in a local real estate office as a receptionist. Please P.M. if you want any more information about myself.

Sincerely 

Steven Fiszer 

@ArjunPrakash

I am not sure about pre-foreclosure list on Zillow. I think it means that a broker has not yet but a price on it for the banks(BPO). When it goes to auction, it will go to a site like auctions.com and usually the bank as a minimum bid put on the property so that if it does not hit the minimum price  it goes back to the bank. 

Another thing about Zillow values is they usually are just a starting point because it does not evaluate the interior at all so it can only be so accurate.

Hope this helps a little,

Steven 

I am sure this is a faux-pas but has anyone ever asked someone on craigslist who claims to be a cash buyer for financing? It is just a thought that popped into my head and I was wondering if it worked? 

Can you please go into greater detail on how your student did that? I am in the same situation as him. 

Thank you in advance 

Steven Fiszer