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1 April 2020 | 16 replies
Let the tenants dig their own grave by talking and talking, irritating the judge, talking over the judge and getting threatened with contempt of court.
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13 March 2016 | 9 replies
With no skin in the game and without strict screening these places get trashed often.
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13 July 2021 | 12 replies
That being said, there is no rule that says you have to put in a share, it's just more difficult to raise money from LPs with both no track record and no skin in the game.juan
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16 December 2021 | 16 replies
Plenty of ways to skin a cat, good luck man!
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17 August 2022 | 42 replies
It's only gonna cost you money and time: thicken tha' skin.
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9 August 2022 | 7 replies
If you go to a higher court, try to access a mediator who isn't worried about their political skin.
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30 August 2022 | 3 replies
Even with hard money and private money, they typically want to see some skin in the game.Hopefully that helps!
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4 July 2018 | 11 replies
Utilities costs (Gas, Electric, Water) for the past 6 monthsThis part of your motivated seller questionnaire gives you the information with which you'll be able to decide whether the property needs a short sale, whether seller financing is an option, and how to structure a deal or an offer that can work for both you and the homeowner.You'll also need this information to properly market the house to your investment property buyers.If you're a new real estate investor, I hope you arm yourself with the information on this page to work out win-win-win solutions for your sellers, your buyers and yourself.Motivated Seller Questionnaire Red FlagsThe power of the motivated seller questionnaire is that it helps guide your interview process, and gives you a framework to make the screening as conversational as possible (In other words, it's a script, without the mechanical sounding words and phrases).It helps you in the 4 following ways: Avoid Outright deception by prospective property sellers Properly screen your inbound leads for seller motivation Helps screen out irritable, irrational, potentially psychotic people you should never, ever deal with Helps you build rapport with target ideal candidates Supplies information to help structure your dealsAvoiding Outright Deception I've had a property owner tell me "..All the house needs is less than $5,000 dollars in repairs, and it's ready..." on a house that clearly needed so much work ($35,000 to $40,000 dollars) that no buyer or agent had ever called him back.Better Motivated seller screening Being a successful real estate wholesaler is a matter of alignment.
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1 January 2023 | 21 replies
It's called a Progressive Tax System for a reason.My opinion is that those investing money and taking the risk of losing it should be treated more 'special' than the common W-2 worker, who has no real skin in the game.
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31 December 2022 | 7 replies
Make sure you hone in on your value proposition to not just the deal but the team as a whole and try to chip in something, even if it is fairly minimalIf I was the money partner in your scenario, I wouldn't partner up with someone who is bringing just the sweat equity without some sort of substantial skin in the game since it is far too easy in a situation like this for them to leave the other partners holding the bag if the project goes sideways