Account Closed
finding the number off expired listing
29 May 2017 | 34 replies
@Jason HansonDo you send these letters out to buy for cash, or to list your self?
Tre Mcfadden
Advice please
19 June 2008 | 19 replies
You might consider a self directed Roth IRA that invests in real estate.
Tom Tarrant
Scared Money Dont Make Money
8 December 2008 | 42 replies
If the property has landscaping in place make sure it is cleaned up then add fresh mulch and some potted plants in a complimentary color scheme to the house color scheme to the house.†Go for balance with some around a tree or spaced across the front of the house then some on either side of the front porch or door and one inside where you have people sign in.†You don't spend a lot of time, effort, or money but you get a very nice result.†Depending on the yard you might add some decorative wind chimes to the trees or bird houses or other cute extra to make people have a little "ah moment" that makes your property stick in their mind.The next area you want to address is creative marketing.†Invite all the neighborhood residents to an invitation only presale open house party.Have simple finger foods and if it is a neighborhood with many young children you might put a toy box with little gift bags for the children in the room most likely to be for a young child.†If the neighborhood has more tweens and teens you might set up a game system in one room that will stay with the house.†Many times a neighbor will know someone who would like to live in their neighborhood.When you do hold an open house go the extra mile to make it stand out.†Make your sign post at least 36†high so it stands above the rest.†You might also go to a party store and get a cardboard figure and put it behind the sign so it looks like it is holding it.†You could put individually†wrapped soaps in a pretty dish in the bathroom with a little complimentary sign.†Have snacks available, have a drawing for a prize, just use your imagination and have fun with it.†The goal is that people feel comfortable and want to live in this house.If you are a wholesaler the banks are one of your biggest competitors right now.You normally buy extremely low and sell low without doing a thing to the property.†In order to maximize your profits and keep a quick turn around right now you need to stand out from all the other distressed properties flooding the market.†Now is the time for the two hour rule.†As soon as you get the property clear as much junk out of the yard and clean as much of the interior as you can in two hours.†If you pay four people $50 each for two hours your property will be that much ahead of the other wholesale properties and that $200 you spent can make you a few extra thousand on the deal.†Perhaps you even throw in a $50 gas card for the buyer or a Home Depot gift card.†Small gestures can make a big difference during a soft market.Another strategy is to target a group with specific needs and create a plan for them.†One example is student housing.†In Atlanta, Home Park was for a long time a place where Georgia Tech students could rent cheap houses near the university.†When Atlantic Station was built it changed the area to a much more expensive and more owner occupied area.†There is still a need for reasonably priced student housing but the closest area to campus where that is available is not exactly where a mother would feel good about dropping their freshman student off.†In this case, the city wants to renew the area and developer incentives are available but you see brand new homes standing vacant and vandalized next to not so new homes boarded up.†You have multiple needs here, available properties but fear of trail blazing in a marginal neighborhood.†In this case, you could identify available properties and incentives then go to your local investment group or online investment group and do simultaneous investing.†If you were to get fifty investors to buy and rehab at least two homes each and you all do it at the same time you can turn a neighborhood around in a very short period of time.†If you could rehab one hundred homes in a ten block area all at the same time you will have made money, provided a needed commodity and helped the neighborhood residents all at once.†It is a win-win-win situation.Of course there are other groups such as artists that need low overhead and space to live and work.†They might not need hardwood floors throughout; they might be more interested in a large room with a utility sink, or a photo studio in a converted garage that you could do advertising photos of large objects in.Find out who needs what in your market area and find a way to provide it.†If you address needs while solving problems you can get ahead even in a soft market.
Aly W.
REO questions
19 June 2008 | 17 replies
The last assessment was for a total of $144,700, building value of $78,100.
Marko Petrekovic
tax deeds
27 April 2009 | 21 replies
Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.
Steve Hillen
Greetings from Florida
19 June 2008 | 11 replies
I believe in helping others, and I will enjoy networking with others here while I re-assess my career options and explore the possibilities.
Khaled Majouji
2 new subway stations and downtown next to me
22 June 2008 | 7 replies
Investment can become something of a self fulfilling prophecy.
John Perry
Does it make sense to do all cash?
22 June 2008 | 13 replies
For me, the former meets my plan objectives whereas the later does not.
Jason Click
Wholesaling with Options
22 June 2008 | 1 reply
I wouldn't want to give the homeowner the impression that I will be closing on their property if I really have no intention of doing that.Assuming this is true, would you use some type of option agreement as an addendum to a purchase and sales agreement or would an option contract be self contained?
Mark A.
Capital Gains Tax on this? Income Tax? Florida Deal
24 June 2008 | 13 replies
May be self employment tax, too.