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26 November 2011 | 50 replies
And you're obviously selling to lots of mom and pop retail investors who know squat about appropriate vacancy rates and capex assumptions.JScott is correct.
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30 January 2012 | 39 replies
If you're not getting counter-offers, your bids are likely too low (assuming you're contracts are being submitted correctly, of course).Can you give a couple examples of offers you've made -- list price, offer price, contingencies, etc?
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15 February 2012 | 6 replies
Also, you can roll your employer 401k into a solo 401k upon leaving your employer, or can roll it to a more conventional SDIRA, is that correcT, or did I misinterpret.
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21 November 2011 | 7 replies
Also, Anson is correct, it's bonus time...
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21 November 2011 | 2 replies
This may not be the correct forum but, you guys (and gals) have consistently amazed me on your knowledge of RE in general.I'm purchasing a Freddie property for my personal residence.
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11 December 2011 | 7 replies
Correct me if I'm wrong, I know banks are allowed to lend up to 4 properties with good credit and 6 months reserves on each property with steady job incomes.
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23 November 2011 | 3 replies
Originally posted by Will Barnard:That Realtor (listing agent) would get the seller's side of the commission, I would come in with my agent who would get his/her side (buyers side) - or I offer the list agent to double end and possibly kick back some to me, then I keep the spread between the locked up price and the price I charge my wholesale buyer.of course most listings these days that are anywhere near a deal are short sales or REO properties in which case they are not assignable which means I need to double close or use some other creative circumvention of that dilema such as using a trust or entity.Will is correct and that is the preferred method....
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24 November 2011 | 5 replies
You will need to make him think that the you and the seller have a good rapport so he doesn't even think about circumventing your relationship to this thing.And then you will bring psoturing and attitude together and let him think that you find great deals like these regularly and you will need his services on future deals if he handles this one correctly at a good price.Use posturing and the right attitude correctly and you don't have to worry about the contractor trying to get slick.
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23 November 2011 | 2 replies
It looks like a corrective deed is needing to be filed to fix the problem before we can close.
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14 December 2011 | 40 replies
Whether a property is listed or not isn't really relevant to how you would comp it, apart from the fact that the listing price is helpful as a "check" on whether or not you've done your valuation correctly.