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Fix & Flip Rehab Workshop with Chuck and Gina Biter on January 21, 2017

By Savannah REIA on January 9, 2017
Sat, January 21st at 9:00AM in Savannah, GA
Savannah REIA - January 21st
Learn How to Turn Foreclosures, Estate Sales, and Unwanted Houses into Fast Cash
A Full Day Rehab Workshop
with Chuck & Gina Biter

Chuck & Gina BiterChuck and Gina Biter have shared their knowledge with thousands of real estate investors around the country through Robyn Thompson's training events. They are coming to Savannah, Georgia for a full day workshop to teach cutting edge strategies that will produce huge profits in today’s market on January 21st at 9AM at the Savannah Board of Realtors located at 7015 Hodgson Memorial Drive in Savannah, GA (map). They have done over 50 properties in the last 4 years and will be here to share their expertise with you.

At the workshop, they will teach you:

As you can see, this will be a knowledge packed day full of excitement and education. This is a “don’t miss opportunity” for all serious investors that want to start earning Big, Fat Checks! We look forward to seeing you at this great event on January 21st!

*BONUSES: Chuck and Gina are bringing over $250 in gifts for each attendee!

TAKE ACTION and REGISTER for this Workshop Now!

Register Now!
See Savannah REIA Events Calendar for More Events!
Read More >>


Stay the Course

By Bill Cook on January 9, 2017
Bill Cook

How do you succeed as a real estate investor?  How do you succeed as a person?  Simple: Stay the course!

But what course?  Whose course?  Heck, how do you know if you’re even on the right course?

Your course begins with an idea – YOUR idea!  What feels right to you?  Answer this question: What were you put on earth to do?  Ever thought about this?  I mean, after all, you’re here for a reason, right?  What’s that reason?

For eighteen years, I sold Electrolux vacuums door-to-door.  It paid me a lot of money.  Only one problem: I wasn’t put on earth to sell vacuums door-to-door.  So why didn’t I quit much sooner?  Because everyone around me told me that I’d be a fool to walk away from the huge money-earning potential Electrolux offered.  Read More >>


“I Can Tell By The TONE of Your VOICE!” Aka Ninja Influence

By Tony Pearl on January 9, 2017
Tony Pearl

Last month, we talked about the words we use and how powerful they are. This month, we’re going to take it to the next level.

So there’s a famous study that was done a while ago by Dr. Albert Mehrabian, that showed that only 7% of our communication is conveyed through words, 38% is from our vocal tonality, and the rest (55%) is through ‘nonverbal elements,’ such as your posture, gestures, and facial expressions.

Based on what I wrote in my last article, I believe that our words represent a lot more than only 7%, but that’s not what this article is going to be about. No, in this article, we’re going to get into that other stuff - specifically: Tonality - HOW we say what we say. 

Call me crazy for trying to write about something you HEAR.  Obviously, this would be a lot easier for me to demonstrate in a video, or on an audio recording. But we don’t have that luxury here, so I’ll just have to flex my writin’ skills!  Read More >>


Making Foreclosures Your Choice

By Mark Jackson on January 9, 2017
Mark Jackson

When looking for an investment opportunity it is always worth considering buying foreclosure properties. You should absolutely take the time to explore all avenues to make this the most profitable. The best thing you can do for yourself is learn about ways to purchase a home any party lost. As they say, “their loss could be your gain”.  REIA Comps can help you navigate the twists and turns of the buying process. 

Unfortunately, homeowners being foreclosed on know that once the bank forecloses, their house with be up for auction. At that point, the property will be sold to the highest bidder. By working with homeowners before their foreclosure is finalized, you can pick up their home at a fraction of the price before it goes public. It's a common practice among real estate investors and brokers. I want you to keep reading and learn how to pick up these deals.  Read More >>


The Atlanta Real Estate Market Stats Reflects That It Is A Seller’s Market

By Deborah Harris on January 9, 2017
Deborah Harris

Atlanta continues to be one of the hottest real estate markets to rebound since the recession continuing through third quarter 2016.  But, before we analyze the numbers, sellers must realize the following:

  1. Price and condition account for 80% of buyer interest and acceptance for any property. What needs to be done to present your house in the best possible way?
  2. Nobody can dictate at what price your house will sell. The market will determine the price that buyers are willing to pay. When you price your house too low, the market will raise the price due to multiple offers over the price
  3. Rather than using emotion, guesswork or assertions to arrive at your listing price, a good agent helps the Seller understand the real Atlanta market data, showing what actually happened to other sellers in the current market, as it reveals the most likely outcomes of pricing strategies for you. Using overall metro market statistics provides good agents with a large enough data set of real outcomes to feel comfortable that they will be likely to happen in future transactions, allowing us to take advantage of this knowledge to price your property to achieve your goals

For the purposes of this article, my statistics for the third quarter are about the numbered areas below.  Read More >>


Why Should You Develop a Marketing Strategy In 2017?

By Kathy Kennebrook on January 9, 2017
Kathy Kennebrook

We all know that developing an effective marketing strategy is essential to getting any business off the ground. Educating yourself and discovering how to locate and motivate potential sellers to contact you is a must in making your real estate business a success. You must be able to locate prospects who want to do business with you. You must find the sellers who need to sell, not just want to sell their properties. This is essential to your success as a real estate investor. Coming into the new year this will an important step to growing your real estate investing business.

Marketing is also a numbers game, the more leads that come in, the more opportunities you will have to make deals. You won’t buy every deal that comes your way, but when you develop a machine that brings in quality leads, you will be able to pick and choose the deals you want to do. You will quickly learn to recognize quality prospects.  Read More >>


Would You Close on Your Own Deal?

By Frank Iglesias on January 9, 2017
Frank Iglesias

As we get ready to start the new year, I would like to start with a basic question…would you close on your own deal?

I am an investor who loves wholesaling so I ask this question with sincerity.  Would you close on your own deal that you send to your Buyers?  Seriously, assuming you had the money in cash, would you?

If you  have to think about the answer, then is it really a deal you should be sending out to your Buyers?  Of course one can say ‘well it is not an area I invest in but others do’ and I would respect that of course.  However, what I have found is a lot of wholesalers are not confident enough to where if they had to close on the deal, that they would actually do it.

In which case, I ask, why would you present that deal to your Buyers?  Read More >>


What Is The Best Way to Buy Investment Real Estate?

By Larry Harbolt on January 9, 2017
Larry Harbolt

Over the past few days I’ve been thinking about the different ways real estate investors can achieve their goals and dreams in the fastest way possible. I get asked this question frequently by students who are just getting started in the real estate investing business. As I thought about the different strategies of how real estate goals can be achieved, I came up with the three most common ways most investors use today.

First of all wholesaling is what I hear about the most. The problem as I see it with wholesaling is two-fold. First, wholesaling real estate is to me just like having a job. Once you get a property bought and either “pre-habbed” or if you assign your purchase agreement you are creating the Hamster On the Wheel way of doing business. You buy the property, you fix the property then you sell the property. At that time hopefully you get a check. You use some of the money you get to pay for your living expenses and if there is any money left you might use the excess to pay for a portion of the next deal you do.  Read More >>


Have We Reached the Top of the Market?

By Russ Hiner on January 9, 2017
Russ Hiner

On the Front Page of The Wall Street Journal on Wednesday Nov. 30, it stated “Home Prices Hit record levels”. If you read this article, you will think it is over, the window of the “massive profits in real estate” opportunity has slammed shut. If you did not buy any property since the great recession, you have missed the boat. In your old age when you go into the smelly retirement home, that your Social Security or what’s left of it will pay, you will remember this lost opportunity of buying real estate in the 2012-2016. Yes, it is true the national average states that prices have recovered. If you sat on the fence, you have missed that once in a lifetime opportunity. You decided that the market wasn’t right and you would wait. Those who waited have lost the greatest opportunity in this decade or life time to hit it big and coast into retirement. You might as well go to your “JOB= Just over broke” opportunity and sell your health, back, brain and soul to the company. Don’t invest in any more real estate courses… Save your money, you will need it for your retirement.  Read More >>


Self-Directed IRAs and Real Estate Notes

By Jim Hitt on January 9, 2017
Jim Hitt

Expected returns are hard to come by. Stocks are at elevated P/Es on a historical basis, and yields are near all time lows. With economic growth sluggish, at 2-3 percent per year, any major gains will have to come from multiple expansion – and who can count on that? Earnings multiples can fall as easily as rise. This is what caused many of us to gravitate to self-directed IRA strategies in the first place!

Bonds aren’t much better, in the publicly traded market. There’s some downside protection, in theory.

Fortunately, electing to use self-directed IRA strategies allows you to transcend the limited publicly-traded stock and bond world, and explore hidden opportunities that are invisible to most investors – but which still offer reasonable yields – at acceptable risk levels, or at least with some security.

One such opportunity for self-directed IRA investors: Discounted Owner-Financed Real Estate Notes.

Here’s how it works:  Read More >>


Knowing the After Repaired Value on Your Flip House

By Kimberlee Frank on January 9, 2017
Kimberlee Frank

As an Investor, having a Realtor to work with is important in your business if you are buying or selling houses on the Multiple Listing Services.   Many new Investors rely on their Realtor to send them “good deals” to buy, hold, fix and/or flip.  However, a Realtor does not know what good deal means to an Investor.  A good deal for us could be the cash flow that you receive on a rental property or it could be the profit that you would receive from reselling the home.  As Investors, you are taught a MAO “Maximum Allowable Offer” Formula in which you use to make offers on homes for buying, fixing and reselling.  The formula varies based on your own situation.  The average formula used for Investors who have to get hard money to purchase the home would be:  ARV (After repaired Value) x 65% - Repairs = MAO.  Let me give you an example:  $100,000 (ARV) x 65% = $65,000 - $10,000 Repairs = $55,000 Maximum Allowable Offer.  This formula would then leave you with $35,000 for holding costs, cost of money, closing costs of purchase and resale, and then profit.  Your MAO formula would be different if you are purchasing the home as a Landlord and/or you have your own money to fund the deal.  You may be willing to pay between 70-75% of the After Repaired Value for the home - Repairs = Your MAO.  Read More >>


Paying Bills in QuickBooks Online

By Karen Bershad on January 9, 2017
Karen Bershad

In a previous column, we talked about setting up bills in QuickBooks Online. Now it’s time to pay them.

We recently laid out the benefits of using QuickBooks Online for bill entry and payment. It’s faster than manual methods. It leaves an electronic record of your accounts payable. And it helps ensure that bills are paid accurately and on time.

As we discussed, QuickBooks Online employs a two-step process for bill payment. Once you’ve completed the first (setup), the hard part is done, and you can move on to fulfilling your financial obligations. Let’s take a look.

Warning: Because you may be “handling” a lot of your bills twice in QuickBooks Online, this system can take some getting used to. We’ll be happy to walk you through the process until you’re comfortable.  Read More >>


Hi Alexa: A Comprehensive Review of Amazon Echo

By Don DeRosa on January 9, 2017
Don DeRosa

“I live a highly scheduled life. There's absolutely no time wasted. I'm very focused. And I have a great assistant.” ~ Madonna

Amazon Echo has been a game changer at my house. I find it a great selling point for new homes I’m working on as well. I use “Alexa” to turn on my lights, my television, set the thermostat and basically anything that’s connected to the system. It’s been really helpful around the holidays too, baking with the family has been a breeze while “Alexa” sets up the timer and converts measurements for us.

I’ve talked about other systems, like the Ring for the doorbell answering service, but Amazon comes to a new level with Echo. Technology won’t solve all our problems but it does make things a bit easier. While baking holiday cookies with the kids, I do have a bit of trouble in the kitchen. It’s just that Echo made small tasks easier like setting the timer and changing the measurements from weight to cups. Small hiccups were easier to get through when the tech was literally a voice command away.  Read More >>


Know Your Guru

By Michael Vazquez on January 9, 2017
Michael Vazquez

With the internet, fake news and social media anyone can create a persona and/or a story and have people believing it is true. With a great marketing plan, a website, paid likes, paid followers, a cheap book on Amazon written through research as a top seller and some know how you can be the next real estate guru. And who knows, maybe you end up knowing more IN THEORY than actual successful investors but it would only be in theory. Therefore, you should be cautious of who you are giving your money to and more importantly who you are learning from. Here are a few questions you should ask along with a few acceptable answers.

The number one thing to do is find referrals. I do not mean the testimonials on their website, unless you personally know of that person in your market area, but someone in your local REIA that has used that person and has hopefully had success. Ask them if the guru and/or their program provided what it advertised. However, also keep in mind that you have to ask detailed questions to find out if that person actually implemented the program. For this reason, you want to find as many referrals/users as possible. Eventually you will begin to notice a consistency that the program was not as advertised, good but lacked content, ok for a beginner, not worth buying, terrible or maybe so bad they will give you the content.  Read More >>


Learn How to Put $20,000 Cash In The Bank Each Month at Savannah REIA on January 9, 2016

By Savannah REIA on January 3, 2017
MON, January 9th at 6:30 PM in Savannah, GA
Savannah REIA - January 9th
Learn How to Put $20,000 Cash In The Bank Each Month!
with Special Guest Chuck & Gina Biter
Savannah REIA Members Can Attend for NO CHARGE.
Guests Pay $20 at the Door.

Chuck & Gina BiterJoin us on Monday, January 9th at 6:30PM at the Savannah REIA Main Meeting at the Hilton Garden Inn Savannah Midtown located at 5711 Abercorn Street, Savannah, GA where our special guest speakers will be Chuck & Gina Biter, two of Roybn Thompson's Top Students.

Gina and Chuck have shared their knowledge with thousands of students across our nation and are now coming to your city to explain how Robyn has perfected her system and how it will work for you. This is not a “blue sky” program, but a reality and each and every one of you can place as they do Cash In The Bank. Chuck and Gina have done over 50 properties in the last 4 years.

At the meeting, they will teach you:

  • Their Buying Machine
  • Where to Find Properties to Rehab for Profit
  • 10 Criteria to Ensure High Profit Deals
  • The Rehab Process
    • Locating the Best Contractors to Get the Job Done
    • Prescreening Contractors
  • 9 Types of Houses to Never Buy
  • 4 Strategies to Funding Deals when You Have No Money
  • Maximum Allowable Offer Formula
  • Selling Houses in all Markets
    • The Most Critical “WOW” Factors to Sell
    • Marketing to Attract “A” Credit Buyers
    • Prescreening Buyers in 4 Minutes to Ensure They Can Buy

As you can see, this will be a knowledge packed evening full of excitement and education. Make a list of your questions and have them ready for them at their table following the end of the session. Chuck and Gina will remain near their table answering all questions possible for each and every one.

BONUS: Chuck will be bringing a CD for all the people that attend the Monday night meetings called "Rehabbing for Big Fat Checks!"

TAKE ACTION and RSVP for this Meeting Now!

Savannah REIA Members Please RSVP on Meetup.com
Savannah REIA Members & Guests, Please RSVP on Meetup.com

All this is happening at the Savannah REIA main meeting on Monday, January 9th at 6:30PM at the Hilton Garden Inn Savannah Midtown located at 5711 Abercorn Street, Savannah, GA. We look forward to seeing you at this great event!

As always, Savannah REIA Members can attend the event at no charge and Non-Members can pay $20 at the door. Be sure to bring your business cards with you and join us for an evening of real estate deals, vendors, networking, education and fun! See you there!

See Savannah REIA Events Calendar for More Events!
Read More >>


Savannah REIA Meets on December 12, 2016

By Savannah REIA on December 12, 2016
Mon, December 12th at 6:30 PM in Savannah, GA
Savannah REIA - December 12th, 2016
with Aislee Jackson at the Hilton Garden Inn Savannah Midtown, 5711 Abercorn Street, Savannah, GA

Aislee JacksonCome join us at our next Savannah REIA Monthly Meeting on Monday, December 12th at 6:30PM hosted by Aislee Jackson at the Hilton Garden Inn Savannah Midtown located at 5711 Abercorn Street, Savannah, GA. This is our main Savannah REIA Meeting for the month, so don’t miss it! Please be sure to invite your friends to join us at the meeting and to follow us on Meetup.com and Facebook.com. We look forward to seeing you at the meeting!

Savannah REIA Members Please RSVP on Meetup.com
Savannah REIA Members & Guests, Please RSVP on Meetup.com

See Savannah REIA Events Calendar for More Events!
Read More >>


The Profit Newsletter December 2016 Edition

By Savannah REIA on December 12, 2016
Download The Profit Newsletter for December 2016 (PDF)
The December 2016 Edition of
The Profit is Available for Download!

The Profit Newsletter - December 2016The December 2016 Edition of The Profit Newsletter is now available for download. There are 50 pages this month full of upcoming meetings, workshops, educational articles and other valuable information for your real estate investing pleasure and success. Download it and check it out!

The Profit is Atlanta REIA's digital, interactive newsletter for serious real estate investors delivered as an Adobe PDF file to read on your PC, Mac, Smart Phone, iPad or other mobile ready devices. Many of the articles and ads in The Profit contain many hyperlinks you can click to get more information online! The high res version of The Profit is "print ready" for those who want to print the newsletter on their home or business printer.

Be sure to Subscribe to The Profit by Email or Subscribe to The Profit by Text so you don't miss a single issue.

Download The Profit Now!
High Quality PDF / Low Res PDF / The Profit Archives
Read More >>


How to Find Hidden Real Estate Bargains Online

By Duncan Wierman on December 5, 2016
Duncan Wierman

The internet is full of hidden bargains!  As many as 24% of the real estate market is composed of self-sellers, and you have a 10-23%  chance of finding a property well below market value depending on the seller’s intentions.

Kinds of Properties

There are so many different types of property, its almost like a smorgasbord. It can be a fixer-upper,  foreclosure or just motivated sellers. With a few online strategies and tools, you can tap into the hidden bargains available online. Investors who use the internet wisely can find 100s of real estate deals monthly.

Use the Internet

Why shy away from internet marketing, when there is massive potential and you can get more deals faster than your competitors. Many experienced real estate investors have turned to the internet to find as many real estate deals they can without leaving the office.  Read More >>


Use What You Know to Grow

By Michael Vazquez on December 5, 2016
Michael Vazquez

In the last article, I briefly discussed the beginning of my venture into apartment investing. I encouraged people to do some self-learning before going to networking events so you have a better idea about what is going on. While attending plenty of networking events and having a handful of meetings, I realized that you may have something the person you are looking to for advice wants to learn from you. This works out great because in all my articles I discuss the importance of win-win scenarios.

Let me explain what has happened in my pursuit in learning how to invest in multi-family. First, most multi-family clubs or gurus want you to spend $5,000-$25,000 for them to teach you how to invest in multi-family. The lower end is reasonable but you don’t get much and the higher end is crazy. I’d rather take that money and be a limited partner in an actual deal. Keep in mind I am referring to multifamily with a purchase price of at least 1MM and/or 50+ units. I have participated in much smaller multifamily properties. Luckily, I found some great people that I hope will be able to teach me what I need to learn to be successful. They told me it was not worth investing that much when they were willing to do it in exchange for my time and expertise.  Read More >>


Dealing with Untruthful Sellers

By Kimberlee Frank on December 5, 2016
Kimberlee Frank

When purchasing a property, the Sellers of the property should fill out a Seller Disclosure which tells you about the condition of the property, any repairs made since the date of purchase and any problems that they are aware of on the home.  As an Investor, there are many times I will purchase the home without receiving a Seller Disclosure, and without a home inspection other than my own personal inspection.  However, I highly recommend that Investors obtain a Seller Disclosure and have a formal home inspection even though you are replacing a lot of things inside and outside of the home. 

Recently, a Partner and I were working on purchasing a property from a 4-member limited liability company who had purchased the property at a Tax Sale.  Their Attorney informed us that the members would like to just sell the property and had purchased the property as a Tax Deed.  They started the rehab on the property with the assistance of the Attorney but had not completed it.  Our only contact was with the Attorney, who was a silent partner, and informed us of the following:  That they wanted $48,000 for the property, that they have all new windows for the property that they would give us included in the purchase price, that there was an open roof permit on the property that just needed the facia to be painted to close out the permit and that all the material in the property was also included with the purchase of the property.  We submitted the offer to the Attorney on October 31, 2016 and we still had not heard from him about our offer.  We had called a couple of times reminding the Attorney that our offer was only valid for 2 days and now it was 7 days and still waiting on a response.  Read More >>


The Words We Use

By Tony Pearl on December 5, 2016
Tony Pearl

STOP what you’re doing and read this. I promise that it’s worth it.

You have more power in you than you know. Right now, you have the ability to change someone’s life, starting with your own. And starting now - in this moment - you’re about to learn some secrets that can produce powerful results for you.

The “Big Secret” is this: The words you choose to use every day are vitally important. To you and everyone around you.

Words have power. They have the power to uplift. They have the ability to motivate, to inspire, to elicit emotion. Words can make someone laugh, cry, or smile.

For example: A horse walks into a bar. The bartender says, “Why the long face?” LOL  Read More >>


Design for Everyone: Brainstorm with Virtual Idea Boards

By Don DeRosa on December 5, 2016
Don DeRosa

“You can design and create, and build the most wonderful place in the world. But it takes people to make the dream a reality.” ~ Walt Disney

When I first started, I felt like I had no business designing spaces. I’m good at the big picture but putting textures and colors together that will sell the house I was not so confident. I’ve been using Pinterest and Houzz to piece together ‘dream boards’ that you would put together using ripped out magazine pages and taping them together to compose some sort of theme or color scheme.

Pinterest is known as a predominantly female geared platform. People use it to plan events, like weddings, or recipes for special occasions or holidays. It is a great tool to use to plan your decorating scheme for an interior and the exterior. You can easily gather ideas for landscaping, curb appeal, how to style your front door and entry way, from kitchen materials to flooring and bathroom tile. What I like best is that other ‘pinners’ have done most of the work for you already. Most pins that you research are already part of a larger board, and if you visit that board you can see what else that user put together already. It has been easy to use, either hit pin, send or like on the image. Once you click an image it usually leads to the website that sells the item or a blog post about how to do the project. Sometimes it’s just a source image from google, so it is still a good starting point to show a contractor to get the gist of the idea.  Read More >>


Appreciation – Wholesaler Friend or Foe?

By Frank Iglesias on December 5, 2016
Frank Iglesias

One of the things I have seen a lot lately is wholesale deals banking on appreciation.  And as a Buyer myself, I can tell you I love appreciation!  Appreciation can cover a multitude of sins.

The problem is they are still sins and as a wholesaler, it is best to be aware of them if you want to move your deals!  When running comps for your Buyer, the safest route is the tried and true MLS.  Not Zillow or Trulia or some of these other online sites that can give snippits of value to the market but the good ol’ MLS.

One key piece to help avoid the appreciation challenge is to simply ensure your comps are current as of today.  Not what you think it will be in three months or six months no matter how hot it is.  Only today.  Why?  It keeps your Buyers safe.  This is very important.  It also keeps your numbers strong for your offers and negotiation so you can make sure you get a deal that makes sense.  Nothing is worse than sitting on a deal you need to move quickly only to find it never had a chance because others did not see the value you saw.  Read More >>


The Art of The Negotiation

By Kathy Kennebrook on December 5, 2016
Kathy Kennebrook

Despite the obviously important role information gathering plays in the art of negotiations, very few people actually spend much time analyzing their seller’s situations or needs before jumping into the negotiating process. Even logical individuals who wouldn’t jump into a dangerous sport before learning more about it often jump into a deal where they could possibly lose thousands without first getting the information they needed in order to protect themselves from a disastrous result.

I always remind my students that they need to listen, ask appropriate questions, do their due diligence and determine what the seller’s real underlying needs are. Don’t be afraid to ask questions of your sellers in order to get the information you need to make the best deal possible. If you need clarification on some part of the negotiation, ask!

So why are investors so reluctant to ask questions? Part of it is fear and part of it is the unwillingness to admit they don’t know or don’t understand something. It used to cause me a great deal of discomfort to ask certain questions of sellers such as “how much is your mortgage balance?” That one question used to really make me choke. The main reason for this was uncertainty as to how the seller would react to my question. Even when a seller refuses to answer your question, you are still gathering important information about that seller, namely that they are not particularly motivated. Usually a truly motivated seller will answer whatever questions you have.  Read More >>


Working With Realtors

By Russ Hiner on December 5, 2016
Russ Hiner

In my business model I need very motivated sellers. They need to be able to have a desire to sell at a reduced price and give me favorable terms. Most Realtors have been trained to only accept a cash deal (mortgage included), as there is no reason to do anything beyond this traditional method, especially if it is complicated financing that they don’t understand. So it is important to figure out how to work with a Realtor.  Here are some tips that I have found to be effective when working with Realtors:

  • Work with a Realtor that is accessible and follows through. Some are so busy that it might take too long to be able to communicate with them effectively. 
  • Once you are able to talk to the Realtor you will need to get some information: Is the seller motivated? What does the listing say that causes you to believe the seller is motivated? What does the owner owe? Will they consider owner financing? Most Realtors will not ask these questions because it doesn’t change the transaction (I believe they do in my business).

The Realtor’s sole job is to act as a fiduciary. The Realtor’s responsibility is to make the most commission for themselves, which has a benefit of making the maximum for the seller. The Realtor has no risk if either party makes a profit or loss. You see the conflict immediately between a Realtor and the investor. The goal of a Realtor is to get as much earnest money out of you as they possibly can. (Just like a wholesaler). This causes you to follow the money... your money. I was told by a mentor who was willing to walk from $5,000, if you do your due diligence and find the deal will lose more than your earnest money, then walk away. This was a big lesson for me.  Read More >>


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