
14 May 2024 | 10 replies
Forced Apperception (BRRRR or buying at a discount) allows me to build in equity from the beginning of the investment in case I need to fire sale the property for an unforeseeable reason.Debt-Paydown and Tax-Benefits are just a result of owning real estate and can be more-or-less predicted over a time period.

14 May 2024 | 20 replies
Now, finding properties that are deeply discounted enough where this method can be applied is going to be the more difficult task.

13 May 2024 | 8 replies
In regards to skip tracing, find and use a company that has flexible pricing options, volume discounts or discount memberships; this will keep your cost of skip tracing down.

13 May 2024 | 13 replies
There can be various reasons why a seller needs to sell a property quickly and might be willing to accept a discounted sale price.

15 May 2024 | 35 replies
Yes, you will pay for commissions (which are 100% negotiable)- I like the idea of approaching the agent for the new buy (if in the same area), who might give you a discount on the listing if you also buy from him or her.There are programs out there that help you BUY before selling, they will give you a 20% downpayment and money for repairs on your existing house- you'd have to use an Agent and them that is affiliated with them and they act as the straw man lender- check out Knock.com, Ribbon, Orchard, Homelight, etc- and there are others- I'm not sure which are available to you in California.In most states, homes are sold "As-IS" anyway), and all you have to do if you cannot make repairs is to properly DISCLOSE what you know isn't working, so that buyers can take that into consideration in ADVANCE of contract, in both their offer but also to save them surprises later on which could cause them to back out- if they know in advance and all is disclosed, there's less chance of that happening.

11 May 2024 | 5 replies
Unless you want to overbid someone else they would not entertain if you want to buy an asset with a 25% discount lol, they are the pros.

14 May 2024 | 164 replies
Huge discounts in San Diego.

16 May 2024 | 158 replies
So we are getting a discount off of that number.

10 May 2024 | 12 replies
don't say anything else after asking that question.Now if you are dealing with an agent - you are not going to have the opportunity to deal with the seller - so - you may want to just make an offer 25% below what ever it is list for.AUCTIONS: As for real estate auctions - I have been an auctioneer for many years selling hundreds of properties annually - I would like to say that we do not always satisfy the sellers reserve price (Oh - we only represent owners and investors - no foreclosures) but we don't always get the auction price up to the reserve - but the good news is that at the auction the owner becomes very motivated to accept a lower bid - thus a great equity profit is made ------ so do not discount auctions if you are looking for a great deal.Believe me I have seen so many properties sold at auction that have a ton of equity.Someone recently said "The best deals are MADE and FOUND"So ---- how do you MAKE a good deal from the many properties out there that do not look like a good deal?

11 May 2024 | 7 replies
Usually, a red flag for me is if anyone asks for a discount.