Account Closed“Long, boring post perhaps,”NOT at all, your post is quite fascinating, and VERY IMPORTANT.

Don't forget to save up for closing costs, property taxes, insurance, and any potential repairs that may be needed.Start by connecting with nearby lenders or mortgage brokers to evaluate your financial preparedness and investigate loan possibilities.

If you're dialing 100+ people a day and not coming out with 2-3 solid conversations per day after a week, then change the tools, but in my experience its usually the skill of the caller, so get dialing because the only way to get better is through practice.The good news: once you get some traction and close deals, you can hire a VA cold caller to do most of the grunt work and focus on the handraisers and nurturing them.

Being handy is a great way to start and learn the business but your time should be spent finding your team and the next deal.Instead of swinging the hammer, focus on expanding your network:1) Agent/wholesalers to send you deals and list them on the back end.2) Contractors that allow a fast, efficient, value focused renovation.3) Lenders that can allow you to close on properties quickly with solid leverage. 

In general, rent increases in Raleigh (and I assume Charlotte) have closely matched inflation.

We were supposed to close on a property in three days, but the seller didn’t mention an insurance claim related to the air duct in August 2023 (the home was built in 2019).

This clouds the title and makes it unable for the seller and cash buyer to close a transaction without your notice, since the title is clouded.

Quote from Account Closed: Quote from @Spencer Speckles: I am selling a property I own outright.

We purchased 40 acres lot that is very closed to a lake in Idaho. 

If my client wants to sell to an owner occupant, usually brings more competition and a higher price, then I ask them to give notice and we’ll list once they’re out as we cannot have tenant holding over and ruining the closing.