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19 March 2018 | 6 replies
Also, it might be a good way to "cut your teeth" in this industry.The other thing to consider is that your time is worth a certain amount of money.
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2 March 2018 | 3 replies
(Commissions are negotiated).I’ve had trouble getting my investor buyers showings on commercial properties because agents can want both sides and simply make property showings hard.If you have a trusted friend who is an agent in the business he or she can help negotiate for you especially if you need to ask for repairs or get out of the deal
3 March 2018 | 7 replies
@Jimmy Dudley its sort of depends on where you live and closing customs.for instance on the west coast there is no such thing as a wet closing.. or having all parties come to the closing table.. simply never happens.so when we sell something here I usually go in and sign ( if I want to I can also just have them e mail docs and I sign and they send a courier to my office.. )this is done 2 to 10 days before closing.. then the buyers come in the 3 days before usually because they have their 3 day right of recession ( owner occ mortgages) then the loan package goes back to the lender.. then the title company has to record in the morning.. and has to send recording numbers to the lender then the lender funds.. then the next day once this is done title company will cut checks or wire proceeds.. for us 100% wires we never get checks.. its always kind of comical when I am sitting in my office in Oregon closing a deal in some east coast state and the closing attorney sends me an email with the time of the closing and wants to know if that time is good for me like I am really going to be there..
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7 March 2018 | 2 replies
A carpenter is a skilled tradesman that usually works with cutting and shaping wood.
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15 July 2019 | 18 replies
So your going to hear a lot of different strategies on here however you have to find what works best for you and master it.You will hear all the Millionaire Real Estate Gurus say the #1 most important asset to have in this industry is being able to find deals.In my opinion the fastest way is "Door Knocking" just simply ask the homeowner directly have they thought about or thinking about selling their house period.
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9 May 2018 | 9 replies
It's simply a matter of whether public sewer is available or not.When doing a rehab, we budget $35,000 for a Title V septic and hope for less.
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16 August 2020 | 62 replies
We were evicting tenants that were not paying or they simply leave because of better property management.
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4 March 2018 | 5 replies
Money is a big motivator, and if the owners are close to cash-strapped themselves, they are simply going to do this and hope for the best.
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13 March 2018 | 5 replies
Sad, of course, for those of us trying to create Class A assets, but you can't argue with supply and demand--it's simply reality.
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4 March 2018 | 3 replies
Simply 1031ing into another state will not necessarily eliminate the capital gains.