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22 September 2016 | 62 replies
I was the King of the rough areas back in the day.
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25 October 2013 | 11 replies
You could use "Lord of Land", "Prince of Parcels" "Property King" "High Priest of Real Estate" or "Guru Mentor" but I'd just go with my name without a title or just "Owner".I get a kick out seeing a person's business card with "President, CEO" of something like American Real Estate Enterprises.I know some pretty wealthy business types, their cards are more likely to be just their name centered, the lower left in smaller print is an address and a phone number on the lower right.
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17 June 2012 | 12 replies
The agent will even if they find a property you like most likely you will be competing against many other buyers for that property.So if I list the property and ten offers come in and we accept one I get paid.If ten buyer brokers submit an offer one gets paid and the other nine get to go have fun all over again looking for the one in a hundred or one in a thousand property that works.I will say as a broker it is important to know if an investor is buying to hold or for a flip.Flips are harder to get to close than rentals as the margins have to be greater for the short term exit.Also important is if the investor is paying cash or using HML.The buyer having liquid cash to perform is key.If the investor states they have cash but cannot provide the broker a bank statement valid within the last 30 days and the investor comes up will all kinds of excuses the broker needs to not work with that buyer.For every wannabe broker/agent I can just as easily show you a wannabe investor.Both waste people's time and get in the way of properties being purchased.For the low junker properties you need a broker that is not taking down much larger deals or anew agent hungry to do anything to get paid.You might just be better getting on the REO kings list for the area and buy direct through them.The REO listing broker is getting squeezed by the bank or asset company anyways and gladly will take the extra fee.Even if they assign a buyers agent for their firm to represent you they are still getting a cut of that side of the commission.
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3 September 2017 | 31 replies
@Steven King Depending on your REI Objectives and Business Model, the following has been recommended, by my Accounting Team, and advice I follow.
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12 March 2009 | 8 replies
I may be soley speaking for the institutions I represent, but cash is king right now.
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5 April 2015 | 4 replies
If you go to South King or Pierce County, you can find 7-9%.
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26 July 2016 | 8 replies
Smith I would avoid englewood are between Normal St. and Western Ave, Also the Eastside from King Dr to the lakefront 69th to 83rd.
22 February 2016 | 5 replies
It can, and you can base your decisions on that, it is not a discriminatory attribute, At least outside of King County, I don't keep up on the King County specific laws.For now you can serve her a 3 day notice to comply and give her the option to stop.