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22 September 2022 | 16 replies
Active duty and vets get access to one of the most powerful tools in RE investing, the VA loan.
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27 December 2022 | 1 reply
I caught a very reputable PM company that gave me numbers and the man power and hours didn't add up and the PM after 3 seperate calls still couldn't explain the costs.
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27 December 2022 | 2 replies
We plan to pay it off in a year and start building early 2024 then begin mortgage payments in 2025.My question: How will the purchase of a Multifamily unit in my name this upcoming year (2023) affect my husbands purchasing power of our construction/single family home through the VA in 2024/2025?
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27 December 2022 | 2 replies
Equity...the most powerful tool in real estate.
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4 July 2018 | 11 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 sellers Properly screen your inbound leads for seller motivation Helps screen out irritable, irrational, potentially psychotic people you should never, ever deal with Helps you build rapport with target ideal candidates Supplies information to help structure your dealsAvoiding Outright Deception I'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 screening Being a successful real estate wholesaler is a matter of alignment.
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2 January 2023 | 1 reply
Such a powerful message made even more so by your experience in executing it!!
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1 February 2018 | 41 replies
Knowledge is power and BP is like a goldmine but my advice would be to start networking and building a team.
9 May 2020 | 28 replies
That means you have to have a bank of expensive batteries and reduce power consumption at night when you need more power or simply revert to your normal power supply.
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2 January 2023 | 20 replies
Septic is rarely the problem, but wells and pumps can give you all kinds of problems - problems I don't want to deal with in an STR, not to mention the cost of power to operate the well.
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2 January 2023 | 1 reply
The current lease agreement with the seller is MTM, I have some freedom here.