Comments on: Make $17,500 in front of your Buyer’s and Seller’s Face!! http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/ Wholesaling Houses In Real Time In A Changing Real Estate Market Sat, 28 Aug 2010 23:26:38 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Jerome http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-467 Jerome Mon, 25 Jan 2010 07:34:51 +0000 http://liverealestateinvestor.com/?p=319#comment-467 Quick question the leads you get via F$ on contract, how do you find buyers for those properties in the area in a timely manner? Thx for your time! Quick question the leads you get via F$ on contract, how do you find buyers for those properties in the area in a timely manner?
Thx for your time!

]]> By: Alex http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-422 Alex Thu, 31 Dec 2009 15:24:15 +0000 http://liverealestateinvestor.com/?p=319#comment-422 Yes I have all of my checks mailed to me. I like not having to even go across town to get the check ! I like the fact that the money comes to me :) Yes I have all of my checks mailed to me. I like not having to even go across town to get the check ! I like the fact that the money comes to me :)

]]> By: Jerome H http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-421 Jerome H Thu, 31 Dec 2009 02:02:06 +0000 http://liverealestateinvestor.com/?p=319#comment-421 Wow thats GREAT seriously, one last question if you dont mind how do you get your CHECK using it, is it mailed?? I see the escrow company is in your town! Wow thats GREAT seriously, one last question if you dont mind how do you get your CHECK using it, is it mailed?? I see the escrow company is in your town!

]]> By: TPayne http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-412 TPayne Wed, 30 Dec 2009 01:16:52 +0000 http://liverealestateinvestor.com/?p=319#comment-412 Hey Alex! So FS is really a WINNER? How many deals have you closed with the software already? I remember about a month and a half ago you just got it to test out and now your closing 17.5k deals with it! WOW! I can't wait until Jan. 21st Im buying, I hope its affordable lol Hey Alex! So FS is really a WINNER? How many deals have you closed with the software already? I remember about a month and a half ago you just got it to test out and now your closing 17.5k deals with it! WOW! I can’t wait until Jan. 21st Im buying, I hope its affordable lol

]]> By: Alex http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-407 Alex Tue, 29 Dec 2009 17:49:12 +0000 http://liverealestateinvestor.com/?p=319#comment-407 yes pete there is a lot of different criteria that I set....i take a list of aout 20000 and break it into 4 lists of 5000. Then I mail to them on a rotating basis so maybe the same people would get a mailer 2 times a year maybe three times at most yes pete there is a lot of different criteria that I set….i take a list of aout 20000 and break it into 4 lists of 5000. Then I mail to them on a rotating basis so maybe the same people would get a mailer 2 times a year maybe three times at most

]]> By: Alex http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-406 Alex Tue, 29 Dec 2009 17:46:45 +0000 http://liverealestateinvestor.com/?p=319#comment-406 yes it definitely is :) getting some more done too yes it definitely is :) getting some more done too

]]> By: Jerome H http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-405 Jerome H Tue, 29 Dec 2009 15:34:35 +0000 http://liverealestateinvestor.com/?p=319#comment-405 Hi Alex, I noticed it says Texas wholesaling check, was this a deal done with FS software?? Hi Alex, I noticed it says Texas wholesaling check, was this a deal done with FS software??

]]> By: Pete http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-384 Pete Mon, 14 Dec 2009 18:11:42 +0000 http://liverealestateinvestor.com/?p=319#comment-384 Hey Alex! When you mail to your Absentee list do you have criteria for the properties, certain # of bdrm, sq ft, yr built, etc?? Also, how often do you mail to the same list in a yrs time? I've tried monthly with no results. Thinking of going every other month or quarterly.... Keep up the great info/videos! Pete Des Moines, Iowa Hey Alex!
When you mail to your Absentee list do you have criteria for the properties, certain # of bdrm, sq ft, yr built, etc??
Also, how often do you mail to the same list in a yrs time? I’ve tried monthly with no results. Thinking of going every other month or quarterly….
Keep up the great info/videos!

Pete
Des Moines, Iowa

]]> By: Alex http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-383 Alex Sat, 12 Dec 2009 01:26:27 +0000 http://liverealestateinvestor.com/?p=319#comment-383 The assignment contract that I use already states the assignment fee that I am getting from the buyer. So they see that from jump so to speak. Like I said the seller just needs to focus on their side of the HUD because that is all that pertains to them. The fee is charged to the buyer not the seller. If the seller asks about it I just tell them that the buyer is my funding partner , which he is, and we are pulling out some money at closing to get the deal done. This takes care of it in a honest and above board fashion. In my time wholesaling I have never seen an assignment fee bigger than like 50K and when you do that you might want to double close as that is a large fee. Still can be done on assignment but def requires finess - i think that is how that is spelled...lol Thanks for the question James! The assignment contract that I use already states the assignment fee that I am getting from the buyer. So they see that from jump so to speak. Like I said the seller just needs to focus on their side of the HUD because that is all that pertains to them. The fee is charged to the buyer not the seller. If the seller asks about it I just tell them that the buyer is my funding partner , which he is, and we are pulling out some money at closing to get the deal done. This takes care of it in a honest and above board fashion. In my time wholesaling I have never seen an assignment fee bigger than like 50K and when you do that you might want to double close as that is a large fee. Still can be done on assignment but def requires finess – i think that is how that is spelled…lol
Thanks for the question James!

]]> By: James http://liverealestateinvestor.com/319/make-17500-in-front-of-your-buyers-and-sellers-face/comment-page-1/#comment-382 James Fri, 11 Dec 2009 22:00:08 +0000 http://liverealestateinvestor.com/?p=319#comment-382 Hey Alex, Quick question, On the first page it shows the cash from the buyer is ~$60K to the left of where the seller will be looking at to see how much they will be getting at the end of the closing, wouldn't they ask why the difference based on they contracted for $40k? Also unless the buyer is okay and knows from the beginning that you will be making a ~$17k assignment fee, basically without using any of your money or credit, wouldn't they raise an eyebrow at closing?? I guess the only answer to this is you don't really care because if they decide to walk away from the closing table they will essentially loose however much earnest money they had put down which essentially still puts money in your pocket without having had to use any of your own money nor credit...hmmmm My 2 cents on this is that all parties just have to know what is going on from the beginning to the end, and are okay with the numbers as long as everybody walks away happy. Reason being, the dollar amount doesn't really matter because, imagine those figures just had an extra zero at the end, would the seller be okay with you walking away with a $175K assignment fee even though they got exactly what they wanted which is their mortgage paid off and walking away with ~$120k? The power of Real Estate... Hey Alex,
Quick question, On the first page it shows the cash from the buyer is ~$60K to the left of where the seller will be looking at to see how much they will be getting at the end of the closing, wouldn’t they ask why the difference based on they contracted for $40k? Also unless the buyer is okay and knows from the beginning that you will be making a ~$17k assignment fee, basically without using any of your money or credit, wouldn’t they raise an eyebrow at closing?? I guess the only answer to this is you don’t really care because if they decide to walk away from the closing table they will essentially loose however much earnest money they had put down which essentially still puts money in your pocket without having had to use any of your own money nor credit…hmmmm
My 2 cents on this is that all parties just have to know what is going on from the beginning to the end, and are okay with the numbers as long as everybody walks away happy. Reason being, the dollar amount doesn’t really matter because, imagine those figures just had an extra zero at the end, would the seller be okay with you walking away with a $175K assignment fee even though they got exactly what they wanted which is their mortgage paid off and walking away with ~$120k? The power of Real Estate…

]]>