Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: N/A N/A

N/A N/A has started 12 posts and replied 24 times.

Hello Jimmy!

People who owner finance also known as seller financng or those who do land contracts can greatly benefit from this.

Originally posted by "jimmyolsenblues":
never used a note
what is the best internet site to learn more about notes?

I am still trying to find a tenant with my first property.
I don't want to move to property 2 until that is done.
So trying to learn now while waiting.

[EDITED BY ADMINISTRATOR]

A lot of people don't realize that before many investors will even look at note. They want to make sure it is a good note before they invest in it. Pricing and grading a note before presenting it to an investor is a must.

Many people want to cash out their note, but don't realize that they have to make sure there presenting a note that really exist or a true note with appropriate information.

This is when cash flow specialist can be really handy.

For real estate agents, business brokers, and mobile home dealers and brokers, seller-carryback financing can make the difference between a "sold" or an "expired" listing.

I like that saying if your ship doesn't come in swim out to it. Your ship will never sink thats for sure. :D

Originally posted by "Doug Pretorius":
If your ship doesn't come in, swim out to it!

I haven't noticed any major difference between seasons and I'm in a market whether weather is a factor. I think this is because motivated buyers and sellers don't choose to become motivated, something happens that causes them to become so, and they don't have any control over the timing of that "something".

One difference I have noticed is that I tend to get more calls from tire-kickers in the summer and fewer in the winter. But the number of motivated leads remains pretty consistent.

Besides, with sellers in particular, if you aren't getting calls in then you can always make calls out to pick up the slack.

I often talk with people in the Real Estate Business. I have found that if a person is versatile in his profession there is never a down time for him; remember the buzz word is VERSATILE.

By learning everything you can about Real Estate you will flourish, such as forclosures, creative financing, Tax sales, etc. There are all kinds of opportunities in real estate for you to be successful throughout the year.

I believe in learning everything you can about the profession you're in. The more knowledge you have about something, the better you can help others as well as helping yourself make a living.

Remember, Knowledge is Power!

What do you all think about this? Am I the only one that thinks like this?

The number of foreclosures nationwide hit a record low last year, but they are rising this year.

That trend is expected to continue into 2007, mortgage-industry officials say, due largely to the dramatically higher payments homeowners face as rates jump on adjustable-rate mortgages.

As far as I am concerned there is always money to be made in the Real Estate business. In good times as well as bad.

Post: Women buyers feel comfortable with women Realtors.

N/A N/APosted
  • Posts 25
  • Votes 0

Hello and thank you all for responding. WONDERFUL!! I am learning a lot. I wonder why that is rentboy? Is there more money maybe to made in your city as far as commercial real estate why the men are not doing residential?

Originally posted by "rentboy":
In my area it seems that most residential Realtors are female. And the few males seem to focus on commercial.

Post: Women buyers feel comfortable with women Realtors.

N/A N/APosted
  • Posts 25
  • Votes 0

Good point Mr. Green!!!!!! :lol:

Originally posted by "dcg123":
I feel that sales is 99% psychology with definite steps that can be learned and followed. Once one understands the process involved the gender of the salesperson can be reduced to a very small factor.

Hello!

hmmm. If a person likes renting they can rent, or either wait until times get better and then purchase a home. Myself, if my home was not through owner financing I would wait until things got better. Just my personal opinion of course. I am in the cash flow business so I deal with people with owner financing.

There is a solution for those who has owner financing.(land contract is an example) A person interested in purchasing, can buy a owner financed note from an individual who wants to sell it for a lump sum, or it could be set up where you can make monthly payments. This enables the seller to receive a nice income each month and the buyer enjoys the home. Win win situation.

Deals can be made even in bad times especially if owner financed. This works in good times and bad times.

Originally posted by "biggerpo":
The housing market has been crazy in Southern California and Los Angeles for a while now. Black Enterprise just came out today with an article stating that LA housing is still not that affordable.

What should people living in overheated markets like LA do now? Is it time to buy, or should they hold off and wait until prices fall (if they do)? If someone has seen price increases, should they sell and rent for a while?

What are your thoughts everyone?

Post: New Member from Ohio

N/A N/APosted
  • Posts 25
  • Votes 0

[b]Thanks Derek! You all make me feel warm and fuzzy inside :lol:
I am really enjoying the forum. Glad to be here.

Susan[/b]

Originally posted by "landchasers":
Well, this has to be one of the longest welcomes I've ever read through, but I guess I'll go ahead and add my welcome to the community.

We're glad to have you here! Welcome to biggerpockets!

Derek