As a seller, I would make sure there is a time limit on each and all contingencies and after that runs out, the EMD goes hard.Of course we investors know that not all sellers are as knowledgable or sophisticated as we are, but you must be prepared.

This results in wholesalers raving and ranting in on line forums about how real estate brokers and sophisticated sellers are stupid, dishonest, criminal, etc. for turning down their offers.There are wholesalers who do close a large percentage of their offers.

I guess that's because this bunch, as a whole, seem to be more sophisticated.

California protected classes: Marital status, sexual orientation, age, ancestry, source of income, medical condition, arbitrary discrimination, perception and association.

US Military has no parallel today with regard to size and sophistication (Mainly sophistication ...)

While I am still learning how to get the most out of the site and havent even herd of a pro account until now, I agree that it would be nice to have a way to only deal with people who are already in the know and can discuss topics on a higher level of sophistication... more importantly, discuss business opportunities with people who are actually capable of doing business.

There are lots of people that discount the investment because of the perception of really bad tenant issues, the bad name parks have in society etc...

Just curious, as I know there are plenty of people out there who consider the U.S. to be a bully...and I'd hate to think that they're justified in trying to take us down just because of that perception...

I think NO and southern LA should be an area that has several opportunities and fewer that the normal investors who will attend the sales due to the perception of how bad these properties are.

Sophisticated sellers, such as banks, REITs, institutions, have developed methods of seperating "real" buyers from those that will only close if a laundry list of unlikely events occurs, i.e., 100% financing, sale to a third party, etc.