
16 June 2020 | 14 replies
Stay healthy, stay away from bad people.Some ideas to find the deals:walk/drive neighborhoods, look for neglected propertiesadvertise, newspapers, radio, pass out flyersWrite a nice letter to landlordsWhen housing court starts up again, meet landlords there - chatCall and visit owners of Expired Listings - make offersBuild a relationship with a few Realtors, offer to pay them a fee (3-5% of purchase price for unlisted buildings) for presenting your offers to FSBO's and expired listings (auto pilot investing) The purpose behind this is to open negotiations with sellers, I always offer well below their asking price BUT IN WRITING hand delivered by an agent (you save time, cost of gas and you increase the odds of finding a fat equity deal)Study Real Estate Control techniques; delayed settlement, assignment clauses, all types of options, hybrid or JV with sellers, repair consideration with possession (known as front porch offers) use one of the 21 proposals for seller financing (the best highest leverage financing you can get)My LOCK-DOWN has proven to be profitable, I have time to network and develop clients nationwide to mentor/partner transactions.

3 June 2020 | 1 reply
The big question is should I be looking harder where I think we will ultimately end up or should I just be present and get a few under my belt here where I don't have as much long distance heartache and where I have a support network?

6 June 2020 | 3 replies
It is not in a flood zone.Initial plan (could always change) is to keep the park owned homes, purchase new mobile homes as good deals present themselves, place them in park, offer a lease to own option to new tenants, transition to lot rent once the mobile home ownership transfers to the tenant.I believe I can get this property for at least $235k, likely a little lower.

14 June 2020 | 17 replies
We'll be working on a business plan, projections and a presentation for him to take to committee for approval of the construction and development loan.

13 June 2020 | 5 replies
Research the different rates of return that investors use - there are several and it can be overwhelming to understand how to utilise them properly to begin with but you can begin to understand them and then perhaps choose 2-3, like Cash On Cash and Return on Equity for example, the more involved calculations like Internal Rate of Return and Net Present Value are normally done on larger properties.

5 June 2020 | 12 replies
I just wanted to make sure a fuller picture is presented to show it is not quite as simple as forming and opening a bank account.

5 June 2020 | 12 replies
We are very good at what we do and find that the fee we charge is well worth the expense to an owner who can't otherwise be present to run a job.

11 June 2020 | 7 replies
So if an amazing buy and hold was presented, I would go that route, a flip presented, I would act on that etc.

4 June 2020 | 7 replies
Be prepared to show your pre-approval so they know you're serious and that you are ready to pull the trigger if the opportunity is presented.

14 June 2020 | 8 replies
Lawyers and agents were presenting investments to client.