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1 November 2011 | 12 replies
You've easiliy got 30K in materials alone and labor is gonna kill you if you don't already have people and have the skill set to oversee it.
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19 February 2012 | 16 replies
Here is another line from an article that was spun and not written by a person:The heal for not usually new home construction though a housing stagnation in ubiquitous is associated directly to consumer confidence, that is directly associated to practice levels, Hogue said.It's crazy that this is even out there associated with someone's name and company...and by default, their reputation!!
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30 October 2011 | 19 replies
Whether you say ethics or any other BS in the real world these REO kings and queens have a list of buyers ready to purchase with cash where the REO broker can double end a deal.If the offer is close to what the asset manager wants then the bank doesn't care about double ending.How you level the playing field is to tell the listing agent they can keep all the commission so they will push your offer with all things being equal.It is a classic mistake I see brokers and agents make time and again.The REO broker is only getting a tiny fee on their side and having to cover a bunch of costs listing the REO so getting the other side is huge for them.If you are flipping you will save the commission on the sell side as an agent and you can put 4% co-op to get buyers agents in droves and still save 2%.The price has to be competitive and the rehab quality for the area as always.You can't just offer a higher co-op and then list high to compensate for it.That is another classic seller mistake.good luck
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10 November 2011 | 31 replies
Hence, your pitch will need to focus on safety through long-term cash flow and you will undoubtedly need to create a high level of trust and hold their hands through the entire process.1) I have had luck with doing I/O payments in order increase cash flows.
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28 October 2011 | 7 replies
That doesn't stop him from leaving and working with your company though in the future.He can still use his realtor skills even if he is not hanging his license somewhere and if he truly found this buyer on his own, then he can find others on his own as well.
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31 October 2011 | 3 replies
Normality is where inventory levels are at or near historic levels and where supply and demand are also near equilibrium.
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2 August 2012 | 25 replies
I like to keep my skills up by negotiating on EVERYTHING, I will go into a Mcdonalds and get them to throw extra food in just by asking.
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10 November 2011 | 8 replies
Hi BrianI only have a little time so I will make it shortThe house has a second bathroom on the upper level...
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31 October 2011 | 1 reply
It has taken me 5 years to aquire tools, skills and money to pay for renovation.
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2 November 2011 | 4 replies
2) Is it common, especially on smaller deals and smaller groups, to pay back all investor principal at reversion vs paying back as the 1st level of the waterfall?