Posted by Carolyn on March 26, 2006 at 12:32:48:
Good suggestion.
Thanks, Rich
Carolyn
wholesalers in colorado - Posted by Carolyn
Posted by Carolyn on March 25, 2006 at 14:51:09:
Can someone please tell me where I can locate wholesalers in the Denver market?
I’m looking for a fixer-upper.
Thank You
Re: wholesalers in colorado - Posted by RobertB(CO)
Posted by RobertB(CO) on March 27, 2006 at 11:05:58:
Carolyn,
I joined a REI Club that is a transaction driven club. Their website is www.erealestatecolorado.com and here is a blurb from their info page
eRealEstate Colorado provides for you:
? Discount, Wholesale, and High-Appreciating Properties in Colorado, specialty emerging markets, and hot out-of-state markets such as Florida, California, Texas, New Mexico, and Utah.
? Investment Team Mentoring
? One-on-One Member Care
? Support Services
? Investor-Friendly Vendor Partners
? Interactive Community
? Results Networking
? Live Events
? Opportunities to Partner
? Education that commands action NOW
? Cutting Edge Market Insight
? Unparalleled Motivation
? Insiders’ Edge Reports
? The “eRealEstate Edge” Newsletter
? Weekly Radio Talk Show
I have been to a couple of meetings and they do have discounted properties available. Good luck in your future fix and flips. This year is going to be interesting with the amount of Foreclosures coming down the pike and the banks will have to start discounting them a lot more than they have in the past.
Robert B.
Re: wholesalers in colorado - Posted by Robert
Posted by Robert on March 26, 2006 at 23:21:17:
Carolyn, My partner and I deal in fixers and I’m also an investor friendly independent broker who is not out chasing a commision! Feel free to e-mail me if you have any questions, I’m in the Denver area.
One more thing, I’m also a general contractor if that helps 
Re: wholesalers in colorado - Posted by stewart
Posted by stewart on March 25, 2006 at 15:23:18:
hey i just found this site
maybe you could contact a real estate agent.
sometimes they know what happening in different areas…
Just a thought…
http://www.verynicehomes.com/homesearch/colorado/CityMap.asp?source=google
Re: wholesalers in colorado - Posted by stewart
Posted by stewart on March 25, 2006 at 15:15:56:
Have you looked in the newspaper for,
For Sale by Owner? etc…
ro maybe running an ad to purchase…
memories…
I had a house and used to live up up up in Buffalo Creek.
Geese… I remember going out to the wood pile in the middle of Jan.
Now, I watch the coconut trees in my shorts ;-))
Re: wholesalers in colorado - Posted by Carolyn
Posted by Carolyn on March 25, 2006 at 16:15:31:
You suggest I contact a real estate agent!
You must be joking.
RE agents are interested in selling market priced MLS properties.
Re: wholesalers in colorado - Posted by Carolyn
Posted by Carolyn on March 25, 2006 at 16:15:23:
You suggest I contact a real estate agent!
You must be joking.
RE agents are interested in selling market priced MLS properties.
Re: wholesalers in colorado - Posted by Carolyn
Posted by Carolyn on March 25, 2006 at 17:08:52:
Yes, I’m aware of FSBO ads and ads to purchase.
Anyone in CO get good leads from CAREIA?
Stewart, yes, the winters may be a bit warmer where you are, but remember,it’s a dry cold here in Colorado
and we don’t sweat from the summer humidity.
Re: wholesalers in colorado - Posted by Rich
Posted by Rich on March 25, 2006 at 18:03:07:
That’s not necessarily true. A quick sale and fast close will net the agent more money for theirtime than a high prices but barely qualified buyer sale will - because they have time to make it up in volume. Some agents understand this and will work with investors on that basis. I have had sellers agents recommend my lower (not a lot lower) offer over that of an owner occupant because investors are more likely to close earlier (and if you do a 1031, the amount of work the agent has to do is minimal).
Re: wholesalers in colorado - Posted by Carolyn
Posted by Carolyn on March 25, 2006 at 17:03:00:
It appears I did a boo-boo and duplicated the message.
Is there a way to delete the duplicate?
Re: wholesalers in colorado - Posted by Carolyn
Posted by Carolyn on March 25, 2006 at 18:46:43:
Rich, I’m trying to buy a fix and flip, so I doubt an agent will have anything with a deep enough discount to make it work. An agent I recently contacted referred me to a wholesaler. I met the wholesaler and he offered half off his fee on a 27% below market price property if I slept with him. I declined.
Re: wholesalers in colorado - Posted by Rich
Posted by Rich on March 25, 2006 at 22:42:48:
OK, that’s kind of scummy. But how about this:
In the three states where I have property, the Property Managers are all required to have RE lic. They also have MLS access. I get calls from mine from time to time letting me know of investors pulling out, selling or properties that are in poor condition needing a rehab. If the person is a FT property manager, then the sales commission is not their thing. This might be a happy medium.
Re: wholesalers in colorado - Posted by Nate-WI
Posted by Nate-WI on March 25, 2006 at 21:16:21:
Uuuummmm…I’m glad that you have morals. I guess…Ok anyways…I work with RE agents and one specific realtor. They have access to the MLS which can be good or bad. Good for me cause they know what I’m looking for and they know what I would be willing to offer. My realtor and I have offered ridiculous bids for REO’s. One was listed at 54.5K. He told me that we should offer 30K in cash. I lost out on that property…imagine that. So we moved on to the next house. Find someone that knows the market, knows what you are looking for, and this will eliminate alot of headaches.
Nate-WI