Sorry, the listing agent is an idiot if he thinks both sides of the commission helps keep a buyer in the game.

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I was just suggesting to Alex that if he really learns from successful wholesalers here on BP, he can bring some great deals to his buyers.Unfortunately I have not been in the game too long here in the states so I don't have a good wholesaler base, and I can't think signing up on anymore landing pages is going to generate great deals for me, just my short term experiences talking here.

If that is your end game.

Generally a seller knows what they need to get from the property and many are willing to wait out the game till they get it.I wish you the best of luck.

Yeah, little know, but Obama hand selected every single federal employee the first week he took office.

In this case, the consequences are that you don't have a financing contingency period, and in some cases, you may piss off the seller.It's only happened to me twice, but two times I've had the REO seller (once FNMA and once Chase) come back after I've marked "Cash" on the addendum and not lot me finance the deal because I made that selection.

Next time I will control the selection of the contractor and verify the issues myself.

Throw on top of that your involvement in the tenant selection process or actively engaged in rehabs by purchasing fixers that you make ready to rent.It is not necessary to manage your own properties, but it makes it easier especially when you only have 1 or 2 properties.Bottom line is it is a judgment call what level of activity constitutes "regularly involved."

Plus they all want their standard one month's rent fee.To them it's a numbers game, a cattle call of prospects meets a cattle call of rentals.