
25 February 2020 | 4 replies
I don't have any great tips on the rest of it, but communication is essential to keeping buyers happy throughout the process.

17 February 2020 | 14 replies
This person has essentially zero work history.
22 February 2020 | 11 replies
Essentially, you must network as much as possible.

17 February 2020 | 0 replies
I got him down to 72k which worked for me since it was essentially turnkey (could use some minor updating but honestly it's fine the way it is in that neighborhood).

18 February 2020 | 24 replies
Essentially, if it cashflows a dime at worst case scenario (prime +2%, taxes x 120%, 8.5% vacancy, 10% management, 10% R&m, 10% cap ex, conservative rent, insurance x 120%, utilities x 120%) it’s a buy.

23 February 2020 | 5 replies
The tenants were vacated, the 12 units/3 retail was just about gutted, and the this past Fall/Dec/Jan were used to essentially renovate + build brand new.

17 February 2020 | 2 replies
This is the most intense time of the negotiation After the inspection If you find something wrong, re-negotiate If you have an “inspection contingency” you can back out of the deal with all your earnest money Anytime Negotiations can happen throughout the whole processStrategies Be 100% prepared to walk away If you are desperate and let emotions get involved, you already lost Know your role Know where you stand, if you’re the only one negotiating, you can probably demand more and if there are many more offers, you can’t demand stuff as much Always Get Last Concession ”If the other party realizes that every time they ask for something, they will need to give something, they will naturally shy away from asking for more than what he needs in fear that he will be asked to give up something important for additional (non-essential) demands on his part” Find True Motivation They might want to close faster and not care so much about the price.

20 February 2020 | 3 replies
Essentially, most of those houses for sale are not looking to rent out their homes, they only want to sell them.

28 February 2020 | 28 replies
He did predict the housing crash which essentially is something no one saw coming, so he must have some sort of credibility.If you look at the US stock market before every crash, it tends to move parabolically and irrationally towards the end of the cycle (Probably the crazy move in stocks we'll see over the next few years) before a cataclysmic ending.