
20 February 2015 | 9 replies
There's no substitute for experience.

15 February 2015 | 3 replies
If you have a note, you can sell the payments, depends on many factors but a partial interest will carry a larger discount.Check with your bank on factoring payments or assigning the note as collateral for a loan, that may substitute a down payment, perhaps more depending on the note.If you get into a seller financed deal you can use that note as additional collateral as well.Good luck :)

3 May 2012 | 10 replies
Some classroom training and book reading helps get you started but there is no substitute for beating the pavement and looking at houses, making offers, researching comps and talking to every investors you can find.

4 May 2012 | 3 replies
And there is no substitute for a good nose either, reading people is an art you need to be good at.

15 May 2012 | 8 replies
Now, there is no substitute for MLS, it is an indispensable tool for a real estate investor and if you are serious about investing I would recommend you find a way to get permanent MLS access, it's a tool of the trade.Disregard the "Zestimate", it's a joke...

23 June 2012 | 20 replies
Brokers are very adverse to law suits or even threats of such actions.Now, you could tell your agent you want a property with a 12% cap rate, that's not reasonable to hold them to, but you could make requirements about a property or location, school district, fire protection class/service area or other issues that you could hold a buyer's agent responsible for.No mortgage company is a substitute for due diligence or buyer's representation.

6 July 2012 | 11 replies
You must use a CA licensed real estate broker to get the exemption.Assuming a flip, when this property is sold or otherwise paid off, escrow will send you a request for payoff demand and usually (not always) a Substitution of Trustee and Full Reconveyance for your administrator to sign, notarize, and mail back.

19 September 2012 | 18 replies
Since I am charging my buyer more than what the purchase contract is, I simply (as trustee) instruct escrow in teh escrow instructions that the intentional over funding of escrow proceeds are to be wired to my account (which is my wholesale fee).There are no transfers of beneficial interest to trigger transfer tax and the only thing that is done is that I as trustee resign and a substitution of trustee form and Grant Deed are executed (no tax, just small filing fee).

1 January 2018 | 33 replies
Heck if traffic numbers have increased I can charge him way more.If I wanted to be in the storage business I would NOT pay any more for this property that what I could accomplish in a substitute location.

14 August 2014 | 6 replies
And always prep the surface with TSP (or a substitute) cleaner to remove anything from the existing painted surface.