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4 February 2007 | 4 replies
If you dont get the house for that much then just walk away..this is what im doing from now onI see a house i put an offer in they counter offerlets say the house is 100k I have preset im not going into the house for more than 70k. so i offer 65k they respond with 90 i respond wtih 85 lets just say they accept. then i would do my inspection and everything i found wrong wtih the home i'd negotiate it less and less until i brought it down to 70k or less whichever makees sense when u walk through the home for the first time.do not get emotional, it's a numbers game and if the numbers dont add up dont go foward with the deal. you wanna make sure u leave contingencies in your contract. they give you a way out if you find something that you extremely dislike. i hope this helps my example prolly sucks but good luck!
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15 March 2007 | 2 replies
I take my annual cash flow of $6,000 and divide it by my out of pocket expense of $20,000, which means I have a 30% CCR or ROI, whichever you prefer.
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14 March 2007 | 5 replies
Whichever I purchase, I will try to have tenants or roommates.
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27 January 2008 | 15 replies
Note that this does not include gasoline:March 19, 2007: $649.00 (course)July 28, 2007: $71.00 (licensure exam)August 6, 2007: $55.85 (calculator)August 10, 2007: $59.50 (fingerprinting)August 13, 2007: $100.00 (E&O insurance)August 13, 2007: $150.00 (license application fee)Sept. 3, 2007: $8.98 (Your Successful Real Estate Career)Sept. 11, 2007: $6.43 (stapler)Oct. 3, 2007: $225.74 (REALTOR dues, application fee, and MLS)Oct. 4, 2007: $188.38 (lock box key)Oct. 4, 2007: $51.84 (electronic measurer and business card magnets)Oct. 5, 2007: $1,229.74 (laptop)Oct. 7, 2007: $75.17 (cellphone)Oct. 13, 2007: $47.68 (additional auto insurance)Oct. 17, 2007: $75.00 (REALTOR ethics class)Oct. 23, 2007: $5.33 (postage)Oct. 28, 2007: $31.14 (laptop case)Oct. 29, 2007: $107.77 (wireless router and pocket notebook paper)Oct. 29, 2007: $46.92 (cards and envelopes)Oct. 30, 2007: $1.23 (postage)Nov. 2, 2007: $2.05 (postage)Nov. 5, 2007: $70.00 (installing router)Nov. 6, 2007: $0.41 (postage)Nov. 12, 2007: $131.30 (cell phone)Nov. 13, 2007: $10.55 (postage)Nov. 16, 2007: $265.00 (Chamber membership)Nov. 16, 2007: $27.00 (PAR dues)Nov. 28, 2007: $0.82 (postage)I've been an agent for two months now, and so far no commissions.
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6 August 2021 | 25 replies
If they can't tell you then maybe for this area you need to include a line at the end of your letter stating that if the recipient would like to stop receiving your letters to please call, email or write to you (whichever contact methods you provide).
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26 December 2013 | 13 replies
If you open the google doc that is there they want your name, e-mail address and cell phone and complete address of your residence.These are the classic symptoms of a phishing attack and open you up to identity theft.
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18 August 2019 | 19 replies
One insurance is for FHA loans (MIP) which as of June this year is one of two situations: (1) Less than or equal to 90% LTV, it is required to hold the MIP for 11 years or to mortgage term, which ever is shorter
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31 December 2013 | 3 replies
Cash out up to 70% of market value immediately up to the total cost you paid on the final HUD settlement statement whichever is less in under 6 months.Option number two you can wait 12 months and you can cash out up to 80% using market value which means you'll be able to take out all of your money in the property and the some with out tax as long as you have not sold the property.
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31 December 2013 | 13 replies
I turn my cell phone off at night ;) We've shown the tenants in our SFRs how to turn off the water if anything like that happens, not that they'd remember to do it in an emergency.
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2 January 2014 | 1 reply
Also, if I haven't gotten their attention, as one mentor has pointed out to me, I don't want to force them into it, I want them to be 100% on board and confident, so how do I make them feel that way and grab their attention from the first call/open house/ mailing/ or which ever mode of approach I end up going with.Once again you guys are awesome and have helped so much.