All Forum Posts by: Grigory Pekarsky

When you find an off market property, it's like finding a pot of gold at the end of the rainbow. You get all excited and then your excitement turns to disappointment when you realize that there is no price on these types of properties. How are you supposed to know how much they are worth without knowing what someone paid for them? Well, the first thing you want to do is find out what the property sold for. This information can be found on realtor.com, betterestimate.com and zillow.com (among other sites). The next step will be to determine how much it should sell for today if similar properties have recently sold in the area. This will give you a reasonable list price to offer the seller with enough room for negotiation.

Here are three tips for how to convince a seller to do owner financing: - 1. Have the right motivation: If you're interested in an owner financed deal, ask yourself why this is important to you and what's motivating your desire for it. For example, someone who wants a flexible move-in date might find owner financing attractive because it gives them more options compared with other types of deals. On the other hand, someone who doesn't have the credit score to get a bank loan would probably not be able to get into a home without seller financing. 2. Figure out if it makes sense: You need to do your research and run the numbers before asking a seller to finance their property with you as the buyer. Make sure that doing so will help you achieve your goals and that no other method would work better for you in this situation. You want to make it beneficial. For example, perhaps the seller wants to sell quickly but you'd like time (a closing date several months away or even another year) to save up for a larger down payment. This will give you room to work and help you achieve your goals.

Owner financing can be an excellent way for people with lower credit scores to get into a home and begin building their credit history , but doing so requires some extra effort on both sides: You'll need to convince the seller that owner financing is in everyone's best interests, while ensuring it is beneficial for you as well.

First, we should classify the home as a "manufactured housing unit" instead of a house. Manufactured homes can be financed and don't require title and/or land transfer, so it is possible to sell without doing those. However, depending on the seller's situation this might not be an option. If that's the case, then there are two other options: 1) do a cash deal 2) borrow down payment money from family member or friend through their 401k program (you would pay them back over time just like renting - often at low interest rates). Note that you will need state-mandated insurance for your manufactured home if you go with option one or two.

It is usually pertinent to see what other ads the landlord runs.

To find landlords that are a good fit for your rental property, you should look at other listings that they have posted on their web page or their other advertising materials--basically anything they have up about themselves. If you can't determine by looking at those advertisements which ones would be a good fit for your interests, then you might want to send out a direct mailing asking them whether or not they offer any similar properties as yours and ask them to contact you if they do have something available. 

Answer: Understandably, there is a lack of consistency and standards with project-management professionals and the prices they charge. Experts often depend on their years of experience, number of hours available each week or month, and how much they value their time to set appropriate rates for themselves. As such, freelancers might not even list rates upfront - taking into account recognition as an expert in productivity gains them trust with potential clients - but may instead work out a deal after categorizing your objectives and needs.

The answer was already provided in the similar thread https://www.biggerpockets.com/... 

If you are a landlord, it is important to establish clear policies for rejecting applicants. This ensures the best fit between tenant and property, which ultimately results in less turnover.

When deciding whether or not to reject an applicant who meets all of your criteria, consider these questions:

Is their income high enough? Do they have good references? Are their pets allowed? Is there anything that would prevent them from being able to pay the rent on time every month?

If you answer "yes" to all of these questions, then you can probably safely reject this candidate without any issues. If one of your answers was "no," however, it may be worth considering accepting them if they are otherwise qualified.

Find a mentor. The best way to get into syndication is through someone already doing it who can teach you the ropes and share knowledge about how they do things, both the good and the bad. When you find a mentor, make sure your skillset matches his or hers, and take an active interest in their business so you can learn from them and be more worthwhile to them in return.

For the sake of helping you out, I will list some reasons why you should not lend contractor money. If this is what you want to do, then go for it, but please do your research before taking any plunge or risks.

1) You are required to collect back taxes and then pay them when the contractor falls behind in making payments (this can be very difficult if they fall off track).

2) The reason they are so far behind is because they may have taken on contracts which went over budget or were way more expensive than anyone even anticipated. 

3) Shop owners often change their minds about who builds their shop after signing a contract with one builder.

Use networking to find investors. Ask for introductions through your friends who are investors or people you know in the investment world. Some sometimes soft money real estate insiders, like members of boards of directors at large institutional investors, might also be good contacts because they're often well-connected. Investing in real estate is a significant decision that requires careful consideration and strategy before doing so. And while information about markets and trends can be found easily, the hard part for many people is finding reliable investment partners with expertise in different activities such as leasing or debt services to make it work seamlessly with their own experience in investing.