All Forum Posts by: Asher Carr

@Matthew Talamini awesome. Will check these out this weekend. Thank you sir.

I was wondering if anyome had any tips on how to market rental properties efficiently to buyers. I'm using my squarespace site and Craigslist to market but I feel it's not enough. Any suggestions?

Originally posted by @Guy Gimenez:

When I sell, I sell on the retail market so I ALWAYS require earnest money. Buy side and sell side contracts are very different animals for me. 

  Can you please explain what you mean by that sir?

@James Call Thanks everyone. I better understand the importance of negotiating EM now. I was able to close deals with $20 but those were slightly different. This is a steal if anything. He's selling for $40K and just asking for $1000 to bind it and payments start in October for this rental so I'm asking for that loan now. I'll keep you posted.

@Mike Dorneman Hi Mike. Tobyhanna in particular. I like how close it is to the Walmart and I-380 as well as the resorts.

Is the parcel number mandatory on a contract? I'm having trouble finding one the county records for this one home and not sure if the address is more than enough.

I'm looking for an real estate agent to work with in the Poconos area to connect with. Message me if you would like to connect. Thank you.

I'm planning on closing a deal with the seller and we agree to the whole contract except for the earnest money. He wanted $1000 in earnest money at signing while I want (and really can afford) only $100. He came back and said it was a standard is 1% of purchase or minimum $1000. How should I approach this? Is that a true standard in business? I thought earnest money is to just bind the contract until closing.

So I acquired a home that needs almost everything fixed and I plan on assigning the agreement to a wholesaler, rehabber, fix and flipper, etc. What are the core things I need to know when buyers call me about the home in such condition? One buyer I spoke to today asked if the water and sewer were public (no idea what that meant) and if the oil tank is underground. I learned REI with the rental property way but I'm expanding my streams of income with my portfolio. Thank you in advance.

Thanks for the input everyone. But even then, should the notary space be on the contract or wiped out completely? I see some forms that have it on there.