OfflineHello! I am ready to start assigning properties and have a few quick questions.
1) Are the adds on craigslist "We Buy Houses For Cash!!!" good sources of buyers? Are they likely to buy contracts assuming they can get the property at a good discount?
2) I know I should consult a real estate attorney, and I plan to, but has anyone recently done contract type deals in California just so I know they aren't totally illegal? I've heard you can't do assignments if you have your Realtors license, not sure if that's true or not.
Any other advise for starting assignments would be greatly appreciated.
Thanks!
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"Success is going from failure to failure without a loss of enthusiasm." - Winston Churchill
1. you need to contact the ads on CL to find out if they are really buyers, or if they are just ghost ads from other investos looking for buyers.
2. there are plenty of threads that have been written about licensed real estate agents doing assignments... you may want to check them out by entering the topic in the search box on the top left of this page, then hit enter.
here's one that discusses this topic:
http://www.deangraziosi.com/real-estate-forums/title-searching-and-other...
Wishing you success,
Valerie
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Thank you for your replies! I am very excited to start my Real Estate career and hope to be an active part of the DG community.
"Success is going from failure to failure without a loss of enthusiasm." - Winston Churchill
congratulations on taking steps to become a successful re investor; to be an active participant on this site I recommend that you fill out your profile and tell everyone here a bit about yourself.
Also, read, read, read many of the threads here; they are full of great information and will help you learn and avoid many mistakes.
Stay motivated, work hard, and you will be successful!
Valerie
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...