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8 July 2020 | 0 replies
New roof, new paint, new flooring, new mechanicals and new appliances What was the outcome?
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13 November 2020 | 29 replies
:D ) I know at least one of those two has the mechanical number wheels and the red triangle, but I don't remember about the sweep hand.
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20 May 2019 | 5 replies
There are so many variables (age, class, market, mechanical, structural, etc.) that rules of thumb do not address.
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20 June 2023 | 3 replies
Age of equipment, type of bays, type of vacuum stations, property taxes, markets, manned or not, how mechanically inclined they are, will they shovel out after the “mudders” clean off, will they empty the trash after it is filled by people who don’t even wash their cars, etc.
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26 January 2019 | 10 replies
@Tim LongGet an overview and feel for the market with emphasis on education so you can make a decision as to which area of note business you want to pursue.1.
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21 June 2023 | 29 replies
(emphasis added) The laws of both states must be checked to determine the classification and treatment of the LLC and its members.
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25 May 2021 | 29 replies
I also Am NOT a mechanical, do it yourself kind of person either so here's what I recommend. 1.
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24 January 2018 | 7 replies
Then, in reading about the order in which liens are paid in foreclosure, I learned something about mechanic liens that is surprising.
4 December 2018 | 13 replies
Utilities costs (Gas, Electric, Water) for the past 6 monthsThis part of your motivated seller questionnaire gives you the information with which you'll be able to decide whether the property needs a short sale, whether seller financing is an option, and how to structure a deal or an offer that can work for both you and the homeowner.You'll also need this information to properly market the house to your investment property buyers.If you're a new real estate investor, I hope you arm yourself with the information on this page to work out win-win-win solutions for your sellers, your buyers and yourself.Motivated Seller Questionnaire Red FlagsThe power of the motivated seller questionnaire is that it helps guide your interview process, and gives you a framework to make the screening as conversational as possible (In other words, it's a script, without the mechanical sounding words and phrases).It helps you in the 4 following ways: Avoid Outright deception by prospective property sellersProperly screen your inbound leads for seller motivationHelps screen out irritable, irrational, potentially psychotic people you should never, ever deal withHelps you build rapport with target ideal candidatesSupplies information to help structure your dealsAvoiding Outright DeceptionI've had a property owner tell me "..All the house needs is less than $5,000 dollars in repairs, and it's ready..." on a house that clearly needed so much work ($35,000 to $40,000 dollars) that no buyer or agent had ever called him back.Better Motivated seller screeningBeing a successful real estate wholesaler is a matter of alignment.
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28 August 2018 | 4 replies
Your numbers will depend on the demand, your management efficiency, the age of the mechanicals, turnover rates etc.. etc...