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9 December 2024 | 15 replies
Liquidity: If this is your first or second property, prioritizing liquidity (by cashing out now) might allow you to seize unexpected opportunities, especially if you’re actively prospecting deals.Since you don’t have a deal lined up yet, you might explore options to minimize the gap, like prequalifying potential deals or using short-term financing strategies to bridge the 4 months.Good luck growing your portfolio!
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4 December 2024 | 3 replies
Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.
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5 December 2024 | 2 replies
We’ll use these as visual aids in our presentations to investors, during dispo of fix and flips, and for our property managers to show prospective out-of-town tenant leads.
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26 November 2024 | 1 reply
Knowing that AI has natural language processing skills, I was hoping to see if it's possible to point, teach, interact, and then pull back responses for prospecting purposes.
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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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4 December 2024 | 3 replies
Most of the prospects offering this to us, disappear when we tell them they still have to go through our full application & screening process. - We almost feel sorry for the foolish/naive DIY landlord that inevitably falls for their sob story and accepts them.We have had 2-3 that have gone through our process and so we accepted their multi-month payment.
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4 December 2024 | 4 replies
For vacant units, consider virtual staging through VirtualStaging.ai or something like that to help prospective tenants visualize the space.Hope this helps expand your marketing toolkit.
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2 December 2024 | 14 replies
Quote from @James Kiny: We are a welcoming group of investors -seasoned and prospective - looking to share ideas, talk over problems and celebrate successes of our group members.
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3 December 2024 | 6 replies
From an investors prospective there are few opportunities.
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2 December 2024 | 2 replies
Instead of depending on buyer agents to drive prospects from house to house, prospects would tour houses themselves, and unlicensed “door-openers” would admit them.