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8 November 2015 | 0 replies
It was discovered that the $2500 credit was actually taken out of my settlement twice so the closing papers were $3100, not just $600, short of what I agreed to.
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27 October 2016 | 15 replies
(you get what you pay for, in other words) So Fl is considered a core market now to many of the institutional guys, so that rolls down hill and puts pressure on all asset classes and sizes.
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9 November 2015 | 0 replies
Hi all am new to the area live in Canada where I have been working for a while looking to move south to the States where there are more opportunities..Looking for other investors to network with or any advice I can get as I re invent myself in this new market.I am 64 and love finding homes and discovering there stories and matching them with investors or contractors.
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12 November 2015 | 4 replies
Lots to learn here as I'm sure you've already discovered.
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10 November 2015 | 7 replies
If the ONLY reason you made the first call was because you had an arrangement to give your leads to your "quite dishonest" investor, then like it or not, I believe you should give him that lead, and charge him that bird dog fee (I believe NC is fine with such arrangements - but please check).How do you think it will end if your dishonest investor discovers what you have done behind THEIR back?
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19 November 2015 | 26 replies
I discovered BP a while ago but didn't really get involved until recently.
13 November 2015 | 3 replies
This avoids let me think it over.Three negotiate and discover how motivated they are to fix the problem, I do this by asking how they feel about many different solutions, will sing it with another agent another company, how we feel about property managers, how they feel about for sale by owner, etc.Four if there's a lot of equity, talk about some cash now and some cash later, using notes, leases, etc.Lastly use a "what if" statement in step fiveA "what if" statement might sound something like this:"Mr. and Mrs. seller, we've been through a lot today, I do want to ask you one or two more questions, and basically it's the kind a solution I can provide for you, you may not like the solution and if you don't then I'll pack up and go, but I think after talking to you it's the best solution....what if I could arrange a payment coming to you over a period of time, I don't know 24 or 36 months, then whenever the existing balance is, say it's $110,000 (i'm inserting this number) and that's a good guess, but you will receive a payment over 24 to 36 payments to pay your principal interest taxes and insurance, and then whatever your balance on your mortgage would be paid off in full, at the end of the 24 to 36 months, and I don't even know if I could get that done for you, because I need to talk it over with my business partner, he does all the contracts( this is called appeal to a higher authority)...if I can get this done for you, it would take about 45 days to do, so someone would move into this beautiful house, make a payment for 24 to 36 months and then pay off your mortgage in full, Is that something to even talk about or should we just scrap that idea?
10 November 2015 | 2 replies
I found a great vacant property but discovered it's listed on the Auction.com site.
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18 November 2015 | 11 replies
First of all I want to say hi to everybody since I just discovered this forum and website.
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11 November 2015 | 11 replies
Our skill set will differ from that required to run a rooming house whose clientele are employees of a local institution (i.e. hospital) or industry (i.e. auto plant) which is again different from a rooming house whose clientele are the working poor or on the verge of society.One thing that, we believe, is key in the operation of a rooming house is to have a live-in "Den Mother" / superintendent whom you trust.