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13 September 2024 | 50 replies
Purchasing a property in a place that one has zero connection to, no working knowledge of, and is dependent upon strangers with a profit motive to succeed is a terrible idea.
7 September 2024 | 5 replies
Text messages can be a start, but if you ever go to court, I can tell you judges don't like text messages.
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12 September 2024 | 32 replies
While not as common, these deals are possible in unique situations, especially with motivated sellers.In this high-interest, low-inventory market, it's all about getting creative while managing your risk and time commitment.
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7 September 2024 | 6 replies
Networking and cold calling/texting is what's always worked for me.
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7 September 2024 | 2 replies
When making offers, it really comes down to the seller and what will motivate them to sell.
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8 September 2024 | 29 replies
Texted, called, emailed multiple times without response.
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7 September 2024 | 3 replies
The idea is to find motivated sellers and help them through the selling process either off-market (wholesaling/investor purchase) or on-market (hands-on coordination, cosmetic prep, referral to real estate agent).
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9 September 2024 | 23 replies
@James McGovern - when it’s clear they aren’t or can’t pay then our motivation is to get them out as soon as possible to get the unit rented to a better paying tenant.We serve them with a NTQ.We offer them cash for keys (the equivalent of our attorney’s cost, which is about $1500) on a tight window of time.We explain how bad having an eviction on their record is for them.Still, only about 30% take us up on it often citing that $1500 isn’t enough moving money.
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6 September 2024 | 8 replies
@Aden BrustPer this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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10 September 2024 | 43 replies
And, government bureaucrats go along with it either out of sheer stupidity and ignorance or, far more concerning, out of ulterior motives.