Should You Take the Deal?
Monday, October 26
When you're doing lots of deals you might need to turn some away. But how do you decide? When you first start out in real estate, you need to take on just about any deal that comes your way. But once you've established yourself, you'll eventually find yourself in a position where you can begin ...
Always Make the Call!
Monday, October 19
Sometimes it might not seem worth your time to call a buyer or seller… But you should always make the call! Working in real estate requires making a lot of phone calls. We often talk about the value of getting on the phone, and how the number of phone calls you make will correlate directly to t...
How to Deal With a Difficult Seller When Doing Terms Deals
Monday, October 12
Dealing with a picky seller? Don’t budge! Chances are, they’ll come around. Sometimes sellers are hesitant to structure a terms deal. They might be picky about the specifics of the deal, they may be nervous because they’ve never done a terms deal before, or they may just want their money as soo...
Put in the Extra Effort! (It Will Pay Off)
Wednesday, September 23
Even if a deal requires a little more effort than normal, it can be well worth your time to pursue it. Sometimes we encounter deals in the terms niche that require a little extra effort. Maybe they’re far away, maybe it’s a particularly tricky seller, or maybe it’s a difficult house to market...
Just Ask the Question!
Wednesday, September 16
What’s the worst that could happen? They say no? Every now and then when you’re working on a terms deal, you might run into an obstacle that seems insurmountable. Whether it’s a high monthly payment, not enough down payment from the buyer, or something else entirely, there’s usually a way aroun...
Finding $80K in the Middle of Nowhere
Wednesday, September 16
Off-grid homes pose a lot of potential problems for real estate investors… But they can be perfect for terms deals! Picture this... A property that is completely off the grid, needs about $40,000 in work, and that no lender wants to touch. Doesn’t sound like the best real estate investment, do...