All Forum Posts by: Waylon Zook

Are you ready to pay cash? Over asking? The only way I would sell off market is if I could get the deal done and get top dollar. Otherwise I list and let the bidding happen. Focus on finding an investment on what is in front of you.

I don't understand why a realtor would not want to put it on the open market for the seller unless the motive is just to get both sides of the commission

0 Votes

Cape Cod, Massachusetts

Quote from @Alan Bostick:

If a contractor breaks something new you are putting in the house (i.e. granite counter top) is that typically the responsibility of contractor to replace or is that the investor that takes that loss?

Is it common or reasonable to have in a contract with them that if breakage does occur with new items that they would be responsible?

This is why contractors put markup on the material. Did you buy it or did the contractor?

0 Votes

Quote from @Grant Swartzentruber:

For various reasons, we are starting a property management (PM) business. I have approximately 40 units, and a friend has about 60. From reading other threads, I understand 200 is the magic number to have under management to appropriately scale the PM software we have selected (AppFolio).

We live in a rural area with approximately 15,000 in our town, and a small college town 20 min away with about 20,000 residents.

What suggestions do you guys have? Books, podcasts, other threads? I guess if your suggestion is to NOT start it, I would like to know that too. My goal is to have this up and running by 11-1-17. Thank you.

Hi Grant,

I did a search on this topic and found this post and was curious how it went to start up. I am in northern IN.

0 Votes

@Andrew Choate maybe im missing something but you are licensed ? Put it on the mls and get your seller top dollar from a wide audience without doing any shady things. Kinda the point of wholesaling is being able to sell without a license.

1 Vote

Oklahoma City, Oklahoma

@Todd Nelson for 100k a year I would take the peace of mind and sell the one!

2 Votes

@Lourdes Garcia i use rent redi and it sounds as if it is similar to other platforms.

0 Votes

@Owen Thornton as bruce before me mentioned dont be afraid to try a few different trades. I started with my dad as a teenager in his masonry business and did not have so much of that oppurtunity since i did not want to leave him. I am now learning more of other trades in order to be more fluent in all trades. The mechanical trades are something that I wish I had more knowledge of.

1 Vote

@Allen L. I am in IN and run a small construction business. Since my dad and i are both owners we can legally operate without workmans comp however if we have employees we are required to carry for them.

IN has a state specific form that I need to fill out and pay for each year indicating that I as an owner am exempt from workmans comp.

The state you are in may have different laws.

1 Vote

@Charlie MacPherson "walk west till his hat floats" lol I gott remember that one!

1 Vote

@Joshua King seller has option to fix the paint. It could be a very costly option depending on scope of paint job. Seller may not want to deal with it and would rather want a conventional or cash offer.

0 Votes

All Forum Posts by: Waylon Zook

Waylon Zook has started 5 posts and replied 201 times.

Post: Do Off Market Deals Exist Anymore?

Post: Contractor who breaks things!

Post: Starting a PM business

Post: Wholesaling Real Estate as an Agent in Oklahoma?

Post: Decide to Pay off property

Post: What platform do you use to collect rental payments?

Post: Contractor and Building

Post: What are the liabilities of hiring someone without workers comp?

Post: Seller felt insulted on the offer and hang off

Post: Sellers agent is against using an FHA loan