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All Forum Posts by: Account Closed

Account Closed has started 35 posts and replied 70 times.

Post: Why do some investors have their primary residence as a rental ?

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Hi Guys,

I am curious as why some investors live on a house and have the legal class a primary residence ? 

Is there a benefit ?

Does it help with taxes ? 

Are they able to qualify for more have that property as a "rental" ? 

Has anyone came across someone with their primary residence as a rental and asked them why they have it like that ? 

I have came across many investors that have their property as a rental when they are living there 

Post: Question For All Wholeseler Experts (IRS lien on property)

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Quick question to my Wholeseler experts: 

What would you do in the current situation, this is more of a creative financing situation.

Seller agrees on a price to sell you the house, he is selling you the house for a 50% discount of ARV. He has a loan of about 20% of ARV BUT he has an a personal IRS lien to his name 10-15% higher than we you get the property under contract for. IRS puts a lien on his personal property. Property is in foreclosure process he has about 2 1/2 months.

What would you do ?

Post: TARGETING RENTERS FOR MORE BUSINESS (SUGGESTIONS)

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Exactly, I have seen a very good response by posting the down payment assistant program on social media. 

Post: TARGETING RENTERS FOR MORE BUSINESS (SUGGESTIONS)

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10
Anyone

Post: TARGETING RENTERS FOR MORE BUSINESS (SUGGESTIONS)

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Hello Guys,

Do you guys target renters ? What is your response rate with them ? Anyone have a good rate ? If yes where do you get your list from ? Do you mail out postcards ? Letters ? Comps of their home ? I am looking to target renters here in the next month. 

Post: Question For The Top 1%

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10
Thank you all for your answers I am marketing more on Facebook and I have seen some leads come in, I was to keep marketing that way and eventually target a zip code and mail out postcards or some type of value that brings is the numbers

Post: Question For The Top 1%

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Thank you very much guys, what do you mean when you say by the sphere of influence ? 

Post: Question For The Top 1%

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10
Question for all top real estate agent producers, what are the keys to be on the top 1% ? How do you get clients ? What's your marketing look like ? Where do you buy the list ? Do you cold call ? Do you mail ? Does title company help you with flyers ? What sets you apart from other agents ?

Post: Cooling System On Units, What Do You Use ? (Window Units?Coolers?

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Anyone ? 

Post: Cooling System On Units, What Do You Use ? (Window Units?Coolers?

Account ClosedPosted
  • Wholesaler
  • Phoenix, AZ
  • Posts 97
  • Votes 10

Hello Landlords,

Quick question, what do you guys use on your units like Fourplex Fiveplex's ? What have you experienced to be better and economical ?

Coolers ? Why ? Why not ? 

Window Units ? Why ? Why Not?

Ac Units ? Why ? Why Not ?