Comments on: Crapping My Pants. Almost.

By: Stephani

Stephani — Sun, 28 Mar 2010 13:10:47 +0000

Here’s an article I wrote on the BiggerPockets blog that will give you some ideas…
http://www.biggerpockets.com/renewsblog/2009/08/06/easy-ways-build-wholesale-buyers-list/

And another…
http://www.biggerpockets.com/renewsblog/2010/01/21/easy-ways-build-wholesale-buyers-list-part-2/

By: James E

James E — Sun, 28 Mar 2010 06:03:28 +0000

Hi Steph,
Got a guy that owns the prop. free and clear wants to sell for sure – would take a bit less than fair market – prop. is about 2 hrs from my place – wheres the best place to get an end buyer

By: Deals, Dogs, and Busted Computers | Flip This Wholesaler

Deals, Dogs, and Busted Computers | Flip This Wholesaler — Sat, 27 Mar 2010 23:57:00 +0000

[...] do have some good news about the land deal that Murphy and I are working on- the title came back clear on all 3 parcels! The seller has already signed off on everything, and [...]

By: tony zamberlin

tony zamberlin — Thu, 25 Mar 2010 05:28:52 +0000

so it don’t matter what the bank is asking?? even if its like 40k above what i can pay?? just trying to work smart here…

By: Stephani

Stephani — Tue, 23 Mar 2010 13:34:38 +0000

Just offer whatever number works for you and your end buyer(s).

Worst that can happen is they say no.

By: Tony Zamberlin

Tony Zamberlin — Mon, 22 Mar 2010 04:55:32 +0000

steph,
ie: u have one thats been on market for 4 months. banks asking 90k. you can only pay 45 and sell for 55K. would u make an offer on it, if so at what price would u start at??

anothr ie: on thats been on market for 2 months. bank is asking 90k. you can pay 65-70k and sell for 75k. what would u offer on it?? or would u even offer on it? thanks in advance.

By: Stephani

Stephani — Mon, 22 Mar 2010 00:48:55 +0000

No, I don’t have any formula that I use. I just offer low enough to leave room in the deal for me and the end buyer.

Sometimes I go after new listings and price drops. There is more competition on those, though.

By: Tony Zamberlin

Tony Zamberlin — Sat, 20 Mar 2010 23:20:57 +0000

Steph,
i could not find the old posts that i made and u answered, so if u don’t mind could u answer this again please. I’m gonna do what u say and focus on listings that are 90 dom and older. also most investors say that new listing the banks only take 10-20% less than asking price here and that goes on price drops as well. Do u have a certain formula on older properties that have been on the market that u follow?? ie: offer 30%, 40% less than asking ?? thanks in advance and get ready for my next deal because its coming soon!!!

PS. so u never go after new listings and price drops or do u rarely do it??

By: RJ

RJ — Sat, 20 Mar 2010 22:47:22 +0000

Good Luck Steph! Im sure you’ll pull out a winner on this one.
Cheers
RJ
.-= RJ´s last blog ..How 2 Cell Phone Geeks Crush The Columbus Wholesale Market =-.

By: Craig Fuhr

Craig Fuhr — Sat, 20 Mar 2010 11:36:40 +0000

Love the attitude, Steph. Why be bothered with all the silly details, when you could just hand all the crap over to somebody who cares. Nice. .-= Craig Fuhr´s last blog ..Video Tip: How to Have a Foreclosure Party! =-.