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6 March 2018 | 7 replies
I also have an extensive sphere of influence with all of my longtime customers, acquaintances, etc, so I will be exploring the more traditional home buyer/seller through those connections and organic marketing as well.
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22 February 2018 | 4 replies
Just run the numbers and make sure it makes sense financially!
24 March 2018 | 4 replies
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22 February 2018 | 16 replies
The term "distressed" is relevant to both the physical condition of the property, as well as the condition of the title.I do primarily REO properties, usually I am directly with the financial institution that foreclosed, but sometimes I work through a processor or another agent, depending on the deal.Offer responses will sometimes take 2-3 weeks.
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23 February 2018 | 11 replies
Also a few reviews on google shows the mgmt company may need a shakeup I already budgeted about $250k for this, and the cash on cash returns can still hit 8-9%Financials are from the actual 2017 P&L so that's not an issue on pro-formas.
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26 February 2018 | 10 replies
There are 2 types of "costs" to doing business - the financial and the business relationship.
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22 February 2018 | 7 replies
Just my 2 cents - but a license isn't really necessary to make money in this game.Yes, you will have to work for a broker for either a specific amount of time, or you will have to close some amount of deals before you can get a broker license -this varies by state, so check your local division for the requirements.So... are you asking about the financial costs?
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13 March 2018 | 4 replies
It takes some financial investment, but mail campaigns have been an effective tool to contact people who own property you would want, who share the characteristics of motivated sellers.
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22 February 2018 | 7 replies
Unfortunately, I think this is a more of an issue with your deal financials, rather than the lender not willing to fund renovation costs.
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19 April 2018 | 2 replies
As I commented in one of your other posts, it's definitely the accounting/financial/tax side of things.