All Forum Posts by: Jonathan Rexford

With out MLS records we are able to determine if its FHA, VA, Conventional financing or even cash on SOLD properties. I am not concern the lender during the point of research. What the detail tells me if its FHA then 1st time home buyer could be a possible good market. If its cash, then a concentration of possible investor purchases depending on the property purchase type IE....REO

Thanks for the help guys. I found a site to download and it seems to work. Now I will see!

Great advice folks. Let me throw in a few ideas of how to really get market data that I use.

The MLS has been a valuable tool for me. What I do is a market study of homes listed, foreclose, short sales in all areas of my county. I also do the same data for expired listings and homes that have sold.

Then I match that data based on financing. What type of financing has driven that market.

Then another study that I match is not with MLS but with our Tax accessors office is what is owner occupied and non owner occupied.

I know its raw data but you begin to see trend lines of what is moving, what is not, where its going, and how long its taking to sell.

Some Realtors associations have data plugged into there system that also allows someone to pull non listed data

Just an idea.

I made a mistake that cost me a few bucks on my last rehab. I bought a 3/1 home. Did a great rehab. Nothing was really moving in that part of town, but I thought the price was a steal. (which it was). The problem was I did not do my study (which I knew I should) that this home needed another bathroom. If I had spent $2,500.00 for a bathroom I would have sold the home 8 months faster and took a less hit on the home.

So the moral of the story is RESEARCH!

I have several photo files. One that has a file extentsion called EPS and yes I do need to increase the DPI of photo and increase the size of the photo.

I have checked every photo software on this computer and nothing works. I can increase the size of photo but I lose the DPI.

Hope I explained it right.

I thought I would come here since it seems that there is a lot of people here that know about software and such. I took a class last week and got a certification added to my Real Estate License and they sent me a resource disk. Well I am trying to use the pictures on the disk for another system that I use for direct mail. My question is in regards increasing DPI and converting file from EPS to JPEG. I don't want to buy programs like Photo Shop as I don't want to spend a week learning how to use it. But is there any freeware online that any of you know?

I need to convert some of the photo's to 5x7 with a DPI of 300 MIN.

So if you got an idea let me know.
Regards

Stay home. I got to go to an event about 5 years ago or maybe longer in Orlando. I did not pay, but man did he make some money. I seen people flying with credit cards for coaching programs, credit repair, private money events, entity structuring. I remember that my wife and son went with me. We kind of made it a fun trip to get away from home. Well when we arrived at the hotel we got in the elevator and people had already signed up. The event was titled Big Fat Checks. My wife got super upset as she thought it said Big Fat Chicks. Goes to show you what marketing can do.

It was a good networking event. Got to see some people that I have not seen since then. But overall I would say PASS.

I would be very careful about taking money for Loan Modifications. Now as far as principal reduction. I have seen (even worked the file) with Litton Loan to reduce the amount. Now this property was in a war zone and there was a suspicion of Loan Fraud. It was not a real tough case.

I have stopped doing loan modifications and only do consultations to homeowners. They can do it themselves. Owners are successful without consultation, but some need help. The non profits are over burden with back up.

I get the deed when I close on the property. I am not a huge fan of these option short sale flips or deed into land trust. I think some day these transactions are going to be short lived and some people are going to be in trouble. Just my opinion.

I always ask myself this question. How much am I going to spend to get the property in a foreclosure or some sort of collection practice. I am not sure what state you are in but the likely hood that you have to wait 5-6 months to get property back may take some money, so 100% financing is a little scary for me.

I am not opposed with a Master lease that has know subordination clauses. That way you are in a simple landlord tenant relationship. Make the lease where you do assignment of rents unless default.

Just my opinion

Not sure about a refund but it is not uncommon to get about 10% or a little more back. Listsource gets there data from public property records. As the old saying goes GIGO. Garbage In Garbage Out.

But what was the total you sent versus what came back.