26 November 2024 | 3 replies
Lis pendens are not typical in trustee states because trustee states use the power of sale clause to foreclose, and don't use the courts.
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2 December 2024 | 34 replies
I’ll sell to anyone with the down payment but most people don’t seem to have it.I guess I’m different in that regard I usually ask for 10% down.Every house I have sold in need of repairs they have fixed upI ask them how much they did it for or how they did it, their cost is 25%-50% my cost because they get the labor part for free from their community or themselvesThey are more community oriented than us white folk and really lend a hand to each otherI guess where this may be predatory is offering extremely low down payments which would also open up the buyer pool
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25 November 2024 | 23 replies
I just started my direct mail campaign and it took a whole Sunday (3:30-9PM) to do 200 letters and this was about as automatic as the average Joe could get:Printed Yellow letters using Officejet printer (Paper from Amazon)Printed envelopes using the same printer (Envelopes from Dollar Store)Bought 400 forever stamps from the Post Office to create the "genuine" effectStill, folding and stuffing papers was an extremely underestimated variable.
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22 November 2024 | 12 replies
I've settled today with my family at a cozy and comfortable rental where we have power and water, and wanted to respond first to thank all of you for your responses -- I'm so grateful for the kind words and information.
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25 November 2024 | 19 replies
I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems sincerely empathetic to our situation.
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25 November 2024 | 14 replies
Look into property values, vacancy rates, and the overall rental market in the area.Real estate can be a powerful way to build wealth, but it’s essential to start with the right tools and knowledge.
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21 November 2024 | 9 replies
There was nothing I could do about it.We are always at the mercy of tiny government politics and power struggles.
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19 November 2024 | 13 replies
Some jurisdictions are taking the statewide ADU rules and going much further extreme.
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26 November 2024 | 127 replies
The inefficiency of this system makes it risky to rent to tenants without stringent screening processes.Consequently, I have had to adopt extremely strict criteria when selecting tenants.
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20 November 2024 | 1 reply
Buyers have significantly more negotiating power.