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6 January 2025 | 15 replies
Short Sales, Bank Owned, $/sqft, school district, days on market, etc.
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5 February 2025 | 16 replies
They either list owner-occuiped houses for sale or know they can show a normal buyer 5-10 houses for a sale.- It's not profitable for them to search for under-market priced houses, figure out repairs needed or what other problem is pushing the price down and do even more for a newbie investor that has analysis-paralysis and may never buy anything.Some questions you'll want to share the answers to with any agent you choose:1) Are you paying cash or getting a mortgage?
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5 February 2025 | 5 replies
Make sure the buyer will go through with the sale before you worry about the timing.
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4 February 2025 | 11 replies
we have to have pre sales my bank will only give me a certain amount of spec loans but unlimited amount of pre sales. its the only way to keep velocity when you have a larger project like us ( 90 homes) We have been blessed no questions about it.. we made some critical decisions when we started that now look like genius moves :)
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28 January 2025 | 4 replies
Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.
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2 February 2025 | 22 replies
I've had business and conducted hundreds of sales transactions and find it very underhanded.
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22 January 2025 | 5 replies
You will get plenty of that at your office sales meetings, office training, CE training, board and association training.
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27 January 2025 | 12 replies
These props were in good areas so I am guessing that is why. keep in mind true A class areas whould see majority of comps being sales to homeowners NOT investors.. homeowners dont care what the cash flow is or the potential rental income is only investors do..
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30 January 2025 | 19 replies
The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.
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28 January 2025 | 12 replies
Ensure that the mortgage is assumable, and confirm that there are no due-on-sale clauses that could trigger the full loan balance.