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4 December 2024 | 6 replies
The property either has to go through the tax sale process, receivership, or some other program (donation, etc.) to have the liens abated.
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3 December 2024 | 22 replies
I've also seen houses there in prime locations that have been for sales for years and didn't sell for one reason or another, so building a spec house would also carry it's own risk.
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3 December 2024 | 7 replies
Scour every home site available and even sites that are not know for home sales, but sales in general - you may be surprised.
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5 December 2024 | 19 replies
Walk a house that is for sale.8.
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6 December 2024 | 15 replies
Even if you are fine with carrying the high premiums during a flip, I think this really hurts your prospects on the sale.
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7 December 2024 | 8 replies
Find out their goals (current and post sale), desired timeline for selling/moving, where they'd like to move to next (if owner occupied), reason(s) for not already selling to an investor or with a Realtor, Plan B if they're unable to sell within the desired timeframe.let's say they've got a property that needs work and they're interested in selling.
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3 December 2024 | 6 replies
What if I fix & flip instead of rent, can it pull actual sales comps and group by renovated and estimate the ARV?
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5 December 2024 | 4 replies
Main questions should ask about the seller's:- Reasons/Motivations for wanting to sell- Desired timeline to close- Plan's after selling (relocation, reinvesting proceeds, 1031 exchange, etc)- Back-up plan in case they are unable to sell within the desired timeline- Reasons for not already selling to/with a investor or RealtorAdditional questions will depend on the type of seller lead i.e. pre-foreclosure, probate, fsbo, absentee owner, etc.Here is an example of a youtube search you can use to begin finding call recordings.There are 1,000s and you'll find that the best/most effective ones don't even sound like sales calls.
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7 December 2024 | 18 replies
update the seller has taken a week+ to review our loan sale agreement (which is very cookie cutter).... finally closed on this one... will keep people updated
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5 December 2024 | 2 replies
I have seen a few house flips where I could tell there was no effort in thinking about the functionality of the space and how that affects their sale.