Julian Caiceros
A Tale of 2 Four-Plexes
4 July 2014 | 7 replies
Speaking of which, do you have a screening system in place?
Joel Petersen
Help! RE Agent/Investor Needs BP Community Adivse and Help.
3 July 2014 | 7 replies
They have a fairly low desk fee and take a flat fee on a transaction vs. a percentage.As fas as mentoring I would not bother to bring it up.
Mike D.
This is a new one (squatter)
27 June 2014 | 4 replies
Somebody didn't screen properly . . .I can't imagine trusting your kids to someone you know nothing about.
Zachary D.
How can I do while living abroad to prepare to invest when I return to Texas?
28 June 2014 | 5 replies
You have plenty of time to screen a good team so when you make your return home you can start things up ASAP.
David Espinoza
Why does real estate get such bad press?
28 June 2014 | 9 replies
It's also not a business for people with little to no capital.Maintenance and watching your expenses are a part of the game.Successful landlords have systems in place to deal with problems that come up and they SCREEN tough as your tenant is essentially your business partner.Another thing, you make your money when you buy correctly... applies even to landlording... certain areas and price points will attract certain tenant quality.
Jimmy S.
Would you go after tenant for damages and unpaid rent.
29 June 2014 | 9 replies
(did not pay rent and said to use last month rent) They broke 2 screen doors, window screens and have stains in the carpet in every room, small hole in wall and stains all over the stairs also, carpet was brand new when moved in.
John D.
Prospect seemed a bit odd, but wants to pay cash in full up front
29 June 2014 | 19 replies
It does not sound strange at all someone who has cash because most people don't trust banks screen him and if everything check out rent to him.
Account Closed
is this worth a shortsale?
1 July 2014 | 4 replies
(Great way to starting building a realtor-investor relationship)The bank makes the final decision regarding price after they order either a BPO or Appraisal or both depends on the lender.The short sale process takes usually takes 90-120 or longer days depending on the sellers cooperation and how fast the agent works with the bank submitting paperwork received from the seller but ive seen them go 6-12 months :(One warning really try and screen your seller to make sure there not using you the agent to just buy ore time in the property you must take there word on this but hopefully they have good intentions.The uglier the property for me personally I only love properties that look like the guy from lord of the rings (The Precious)Sorry for the lengthy reply just wanted to be thorough.Good luck!
Phillip Raetz
I am starting wholesaling this week, I need MLS comps. How do I get those?
30 June 2014 | 4 replies
Also offer then a flat fee, " for every CMA you give me i will pay you XXX.xx " every agent is different so depending who you talk to will depend on what they want. but i would be honest with them and let them know you don't plan to use them to sell you house you just want them to give you a cma.
Tyler Cruz
Absolute Newbie Looking to Jump Into Rental Properties
28 April 2015 | 48 replies
Most of the learning will be around due diligence and setting the correct terms of the loans ... as with tenants, lending is all about screening your borrowers.