All Forum Posts by: Dave Ramirez

we spent some money to make sure our contracts say what we want them to say. I would recommend you ask a lawyer to help you do the same

None. It's up to them to protect their property. If they get car insurance and renters insurance from the same place they'll get a multi-line discount that usually makes the renters ins $7 a month

My cities are all one with high densities of duplexes and multi-families. These cash flow and the vacancy rate is the same in the pro-forma but in reality I never have to worry about paying the full mortgage note without tenant payments to assist.

I've had some foreign investors reach out to me and I want to make sure everything is legal. Any recommendations?

1st - Don't refinance. Getting rid of PMI should take 90 days and 10 strongly worded letters to the bank once your below 80% of LV. You can 'refinance' by getting a HELOC of $25k at 3.5% interest only and putting that money in prosper.com/lending club.com at 5% with fixed payments over 3 years. Close the HELOC after 3 years and make the best refinance decision for your family then. 2nd - There are plenty of deals in Suffolk County. Split the proceeds of a flip with a mentor 3rd - This is a numbers game. If you spend $3000 in marketing you can easily make $5000 in the NY metro per month. 4th - Get access to MLS. I have access through an assistant seat if a realtor friend. This business is easy when you can -Do comps yourself for lenders -Pull your own list - Show comps to sellers

Getting a letter open is the first step. Use an invitation envelope to stand out. I also put a business card inside. Content is important, but some people are six months away from having to make a decision.

http://www.birmiel.com/ I have used them for wholesale deals in Fairfax and Prince Williams county.

I had a HML take an equity position in one of my properties. It was a great source of funding. Maybe you can get lucky with the property you purchased in 2016. You could also sell your living situation as a turn key house hack. 1031 a duplex and house hack again.

 You will need to be capable of working independently to market products and services to real estate professionals, property managers and owners.

To be successful in this position you need to be highly motivated, extremely confident, a self-starter with a positive attitude, and possess strong communications and time management skills.

This person will plan execute on-site events, engage consumers and increase penetration rate by driving sales of products and services.

Responsibilities: • Developing and maintaining positive relationships with real estate investors. Achieving weekly and monthly sales goals. • Scheduling events and negotiating additional marketing tactics. • Pre-promote events and offers.
• Establish clear communication between clients and prospects.
• Administrative duties including event recap, finance management and product inventory

Expectations:
• Meet and exceed weekly sales goals
• Meet weekly event scheduling needs and expectations.
• Communicate and work with management to assist the sales teams with sales goal achievement.
• Build and maintain relationships with property managers/owners, event contacts, team members and internal staff.

Qualifications:
• Ideal candidates will possess prior sales experience in related fields such as real estate, outside sales, business to business, retail or Telecom.
• Possess a strong work ethic, requires little supervision
• Solid organization, communication and interpersonal skills are imperative
• Must have a form of transportation (commuting/some travel is required)

• Bilingual is a plus

ARV for the house on the lot is $1.3M Owner has note of $380k Owner wants some at least $50k up front. New build is 18 months and $400k. Owner wants cash at second close for a percentage of profits or some fixed amount, which ever is greater.