This entails building personal / working relationships with people successful in the field.

Note though that an affadavit of owner occupancy needs to be signed, and I'm not sure what that entails.

Closed Dec 31, 2014Yes, damage during the most recent earthquake.I received a letter saying they want to go to arbitration with the assertion that I had not disclosed material information.

The first single family I purchased was a foreclosure so I understand what this would entail.

Plenty of people (agents included) can come up with pie-in-the-sky ideas of how to change and improve a house, but few have a real understanding of what that work entails, what challenges will need to be overcome, and how long it will all take and what it will all cost. ...how did this agent know all this info?

It entails purchasing the property in cash and your LLC placing a lien on it for 70-80% of the ARV. 

But given your background and experience, I think the notion of finding an empty and off market big box and somehow re-tenanting it with a class A Corp entails a lot more dope smoking than I would be willing to entertain;)I’ll pass the bong over to @Joel Owens maybe he can chime in with his perspective. 

I have seen a lot of pro forma documents that say “rent at market - operating expense / cap rate=X value” when rents are clearly below what their calculation entails and operating expenses are likely more. 

Demetrius' entire argument about the evilness of realtors hinged on his assertion that: Originally posted by Demetrius: If the seller wants to list too low, the agent pulls out figures to talk them into asking for a higher price While that may be Demetrius' opinion, the facts indicate otherwise...

Originally posted by Matt James:Ok J.Scott so I have thought over this, and let me explain why you are wrong, and how a wholesaler is not acting as a broker.Matt -I'm not sure why you are arguing with me about this...I've agreed with you this entire thread about having the right to market a property you have under contract.I disagreed with the fact that there is a major difference (from a legal standpoint) between selling a property with legal title and selling a property with equitable title -- something you asserted without support in a post above.If you disagree with that statement, can you support it?