
19 August 2011 | 23 replies
i use erentpayment.com as well. great customer service and $3 a transaction is definately worth the convenience.

7 November 2010 | 12 replies
You need to keep testing and tracking the numbers all the time as you will get calls,e-mails,texts etc. right away and then you will get residual contacts weeks to months later.As far as wholesaling you need to define who you are wholesaling to??

17 November 2010 | 15 replies
Don't allow long contingency periods, make that EMD go hard as fast as possible which requires your team, escrow and your agents to stay on top of the buyer's scheduling of inspections, appraisals, etc.Time is definately your enemy so taking a smaller margin with a quicker exit and easier sale could be a better deal than a longer rehab with a larger spread and a harder sale.

10 November 2010 | 7 replies
Since you don't reside in AZ you are required to report only the income earned in AZ.It gets a little complicated though based on the type of income and how each state defines income.

16 November 2010 | 12 replies
First, I knew my costs upfront (and was fortunate that my GC stayed on budget) and I had the opportunity to ask about 5000 questions throughout the rehab that taught me much of what I needed to know to NOT need a GC on future projects.Armed with all the experience of the first two projects -- how to find subs, how to create a scope of work, how to define a budget, how to manage the worksite -- I hired a full-time project manager starting with my third rehab.

18 November 2010 | 3 replies
But, as to racking up points in a short period of time by posting these generalized questions that simply invoke a broad opinion or political view is rather demeaning to the intent of the influence points, I'd say some of the older technicians, specialists and "experts" who earned their points by providing sound RE advice lose influenece in a way as someone with less RE knowledge is seen as a peer in terms of the points granted, when that poster is no where near being a peer in hard core RE knowledge.

17 December 2010 | 96 replies
After defining the two and explaining how we want to maximize the good & minimize the bad, he stated that due to the leverage in his real estate portfolio, he had several millions of dollars of "good debt," but that he wanted to build up to a billion dollars!

6 October 2011 | 42 replies
That alone will give you a more defined direction as to where you need to go investment wise.

20 November 2010 | 7 replies
Just my experience, but of the dozens of appraisers I've met, worked with, and talked to, I'd say a very small percentage are lazy.Most are frustrated with the system that they are being required to work within, and feel that they have arbitrary rules that they must follow to get generally pre-defined results.The fact that most appraisals come in around asking price is -- in my opinion -- more the result of the banks not trusting appraisals that come in high or low.

21 November 2010 | 7 replies
I would read, and try to summarize each subheading, and define each vocab word I came across.