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24 April 2018 | 4 replies
Here is something you could ask for:A resale package is a packet of vital information provided to those purchasing a condominium or a home in an association.
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30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
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8 May 2018 | 0 replies
Also like I said I’m new to REI so I’m sure their are others who are vital to me being successful..
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10 May 2018 | 4 replies
This person will be vital to your success.
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7 June 2018 | 30 replies
I absolutely second the notion that being a good and honest person is vital to success.
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16 April 2018 | 6 replies
And yes it's absolutely vital to read a ton of books, blogs and listen to podcasts every day to continue to grow your knowledge foundation.
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16 April 2018 | 8 replies
And contrary to what many want to make us believe in courses, blogs or otherwise, it takes time, dedication, perseverence and money to make money.Learning is vital but can only do so much.
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20 April 2018 | 18 replies
@Samuel PascalI have my real estate license and I think it is vital to have it in order to better understand the client side of things.
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19 April 2018 | 33 replies
It is as vital to real estate investors as a stethoscope is important to a doctor.
29 May 2018 | 0 replies
Thanks everyone who contributes to BP, I've been reading a lot of posts and obtaining some vital knowledge!