All Forum Posts by: Account Closed

When you go out and look at owner occupied house do you "visit" with the sellers? If the sellers are there chit chat with them. Ask then where they are moving. Ask them when. Ask them why. Ask them about their grand children and their pets and their job. Ask them about their mortgage. Ask them if they need to sell this house to move. Find out if this is a happy move or a sad move. Ask them if they will hold a mortgage. Bargains are created by circumstances.. Have you talked to the heirs you mentioned? Who is in charge? Who is really in charge? How many heirs are there? Any time you can talk to the owners, talk to them . Get them to like you. Get them to know you. Find out what they want. The Realtor doesn't know. If you want to find bargains, find out about the owners.

Grant

Welcome to Bigger Pockets and welcome to selling real estate in Florida. If you are soon taking the Florida real estate exam, check out my You Tube channel. My user name is Climer School and we have 12 free real estate math videos posted in a playlist. This is the math that is on the Florida real estate exam. Watch these videos. It will help you be in the half of the applicants that pass the exam the first time. Read my article right here on BP

http://www.biggerpockets.com/blogs/3840/blog_posts/27250-floridas-real-estate-exam-pass-rate

Good luck.

Maria Kazak is a Realtor in Pensacola She is right here on BP

Study ceaselessly. In Florida, our pass rate for first time test takers is fifty per cent. Your New York exam is probably not as hard as ours.

Read each question carefully.

Check with your license agency and find out the overall pass rate for Ny is.

If you need any help with the math, watch my You Tube videos We get calls from all over the country that says it helped people in other states

https://www.youtube.com/watch?v=nq-Cz8pvihw

There are twelve of those math videos. Your revunue stamps must be different in NY. Commissions, interest, per cent of profit, those things are the same everywhere. Good luck.

Take a week end review class from a local real estate school if you can find one.

Seller financing is the best and easiest way to buy property. Why would you want to go to a bank and beg them to loan you money to buy a property when the seller will lend you the money. You just give the seller the down payment that he is happy with and start making payments to the seller. The seller doesn't need your SS number or your birthday or your job history. If he likes you, he will hold the mortgage for you. What could be simpler? Read this article.

http://ronclimer.blogspot.com/2013/04/seven-reasons-why-i-love-owner-financing.html

Also read my article right here on BP about owner finance. There is a link to it in the above article. Both these concepts are necessary to understand about owner finance. It is the best way to buy. If your credit is not so hot, it may be the only way to buy.

Ask the seller to explain it to you.

Drew

What do you think would happen if you knocked on the seller's door and said," I want to buy your house. Are you open to an offer?" Do you think you would be breaking any law? You would not. Why don't you do that? Have him call his Realtor and the three of you sit down and make a deal. I assume you want to buy. I assume the seller wants to sell. I am certain the Realtor wants a commission. Realtors get in their own way . They get in your way as well. Call the seller. Talk to the seller. The seller is the decision maker. As long as the Realtor gets paid, why would they object to you talking to the seller? If it was my listing, I would not at all object as long as I get paid and if I did object, who cares. Talk to the seller.

If you want to stay legal, your bird dogs have to have a real estate license in Florida. I suppose that is true in your state also. If Mr. Birdog Wannabe went to real estate school and got his real estate license, he could place his salesman license with a broker that is not a member of the Assn of Realtors. This would cost no money to Mr. Birdog Wannabe. If you work for a big Realtor , they probably have a company that is not a member of the Assn of Realtors. When Mr. Birdog Wannabe finds a buyer or seller, he refers them to you. You pay him whatever you agreed to pay him.

http://www.biggerpockets.com/blogs/3840/blog_posts/33767-the-difference-between-a-realtor-and-a-real-estate-licensee If you understand the difference between a Realtor and a real estate licensee as described in my article, Mr. Birdog Wannabe would be wise to continue with his education, get to be a real estate broker. When he sent you a referral, he could keep all the money. It would cost him nothing to maintain his broker's license once he finished school.

Welcome to Bigger Pockets. Keep reading and learning. This is a great place to be.

Welcome to Bigger Pockets.

Welcome to Bigger Pockets. You have probably started reading books about investing already. Keep reading. Join your local investors group. Look at lots of properties. When you find one that keeps you awake at night, figure out a way to buy it.

http://www.biggerpockets.com/blogs/3840/blog_posts/34123-tenancy-in-common-a-way-to-get-started-as-a-real-estate-investor

Here is a suggestion to get statrted if cash is short. Live frugally. Save cash.