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9 December 2011 | 15 replies
For a buy and hold investor lists of buyers would be a waste of time in most cases.John Corey
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30 July 2007 | 8 replies
Everyone is an investor, and can get lists, but can't perform....I guess I would like solid advice as to where and how to make my debut.P.s. looking to put a face to my name, but cannot figure out how to post photo Thank you,Allison Hunter
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27 July 2007 | 7 replies
For a solid rehab deak with a resale at 300k, youd have to be at 210 MINUS the rehab budget.
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29 July 2007 | 6 replies
follow the markets - maybe down south east. or texas.you're wasting your time in NYC or NY, long islandish - unless you're a "webuyuglyhouses" guy - or you've got CASH or a CLOSE CONTACT who does - you're really behind the eight ball.i mean you can join a rei club and "network" - but even there, that takes time, you've got to learn the MARKET, bs with people.
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31 July 2007 | 7 replies
Note that you might need to do a few deals before you can say you have a solid trend line.John Corey
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30 July 2007 | 6 replies
notice the "$XX,XXX"...i think mike is located in Ohio.you might be able to make an $XX,XXX offer - but if you're located in say, Long Island NY - you're offer will have to be $XXX,XXX for starters...also - if you're in a place where the market was very good, sellers (about 95% of them) will be expecting A LOT more than what you'll be willing to buy it for.talking to the owners in person is definitely a good way - like mike said - once you've established the ballpark price you'll pay - otherwise, letters and driving to houses is a waste of your time, gas and ultimately - money - cuz it all breaks down to money either way.in my experience - letters of intent are a waste of time, especially if you're sending them to real estate agents.
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28 July 2007 | 3 replies
back it up using any information that the SELLER gave you - to point out their bad situation and how YOU can make their bad situation a BETTER ONE.if you can't do this, then don't waste your time.if they don't like what they hear and say no - just follow up with them in a few weeks and stay on them.
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31 March 2009 | 19 replies
Yea I can definitely see how spending too much time on a site could be a waste of time.
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7 August 2007 | 12 replies
You just want to know that the deal is a solid one.When they look at the figures and see that you have put in most everything that is reasonable they will feel you know your business.
2 August 2007 | 0 replies
Just the facts, solid advice and a tendency to back down rather than rise to the bait if another member of the forum is getting out of line.