All Forum Posts by: Logan Hartle

Hey Danté. I’d be happy to connect. If you’d like to PM me and let me know the dates you are in I’ll see if there are any networking events I participate in that I could point you to as well.

Typically Due Diligence is due within 24 hours. Of course, you could always make the request and see. Any time you are changing contract terms away from the NCREC standard contract I would have your attorney write it up to be sure your agent isn’t “writing contract language”. 

As long as the attorney drafts it and you both accept it I don’t see why not.

Hey Stephen. I’m sorry you’re experiencing this. As both a broker and a home buyer I’m experiencing the same thing and it can be very aggravating. Inventory is incredibly low compared to demand.

Many houses that are “coming soon-no showings” are getting multiple site unseen above asking price offers before they hit market.  Many houses that do not have a “coming soon” period but simply go to market are getting multiple offers same day above asking.

We were fortunate recently to get our personal home under contract after a deal fell through and we had the second best offer. Be prepared for this as it can happen.

Work with your agent to get feedback from the listing agents to see if they will share why you were second place and not first. Was it not enough due diligence $, too long of a closing period, or simply an offer too low.

You could ask your agent about an escalation clause also. If unfamiliar, essentially you make an offer at say $350k but include an escalation clause that says you will beat any other offer by “x” amount up to $375k. (Random numbers for illustration) 

I hope this helps and sorry you’re experiencing this. I can promise you one thing...you are not alone in your frustrations.

Try a master lease option. Look for properties that are under leased and see if the owner would entertain a master lease with an option to purchase. If you can then increase the NOI via lease up of the property you can increase the value and then approach the lenders to exercise your option to buy.

@Bennet Sebastian I have not personally bought tax delinquent properties. The information is available at most county tax websites as to who is late. You could look up the owners of said properties and see if they would consider selling.

You could check county tax websites to see if there are tax delinquent properties. Also look for properties that may be for lease. If vacant long enough the owner may be ready to sell. Best of luck!

Hey Myriam check out AJ Osborne’s book. It’s a wealth of knowledge on storage

https://selfstorageincome.com/

I own a 30k sqft industrial building in Wheeling WV and am looking to expand that portfolio in 2021 in Charlotte. 

My questions for those of you who have bought or are buying industrial property are:

1. where are you buying

2. what is your outlook for the industrial market in 2021-22?

@Jamie Fankhauser

General Mindset: Extreme Ownership, The One Thing

Wealth Mindset: Rich Dad Poor Dad

Marketing: Friction

Negotiation : Never Split the Difference

Fun Read: Damn Few

Other great ones: Checklist Manifesto, The E-Myth

Hey Johnny. I have some connections with property managers who specialize in short term rentals (airbnb, vrbo, etc). If you’d like to connect I’d be happy to introduce you to them.