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25 June 2015 | 3 replies
Here's an interesting story in the Detroit News today:"When loans failed, financial firms practically gave away some homes in Detroit.Warren landlord Alan Thorne said he bought 50 homes for $1 apiece in 2007 from subprime lending giant Ocwen Financial Corp. of Georgia.A year later, his company paid $9,600 for 10 foreclosed homes from Novastar Financial, a Kansas City-based subprime lender, records show.Since then, all but one of the properties have been foreclosed on by the county for nonpayment of taxes."
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15 June 2021 | 15 replies
Furthermore, many states have a shortage of appraisers in these few years, so could be the right timing to enter the market and fill up the demand.However, to differentiate your practice from competitors, being a commercial real estate appraiser could be the way to go.
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4 September 2023 | 37 replies
I’m a woman of my words and I believe in action and practical.
31 July 2015 | 16 replies
I’m Tom O’Sullivan from Long Island, NY and I am the CEO of Residential Investor One, a cooperative focused on providing discounted products and services to residential real estate investors.As I continue to discover the latest trends, behaviors and best practices within the real estate investing market, I look forward to offering my thoughts and insights to this community and with the connections I make here.
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20 March 2016 | 13 replies
.)- Listened to 102 total BP podcasts (slowly working my way through them all)- Read UBG to wholesaling and several other forum threads / blog posts (Jerry / Michael Quarles are favorite two resources so far)Things I still need to do:- Send out first batch of letters- Finish website- As deals come in, find ways to automate / streamline lead sourcing and tracking- Improve ability to estimate rehab costs (my two rental properties were bought out of REO and cash flow nicely but needed <$5k of rehab each, so have not experience a major reno yet)- Practice call script, objection handling etc.. to be better prepared for speaking with potential sellersI would greatly appreciate any insights from the seasoned vets out there.
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8 November 2015 | 12 replies
Once you have that down practice it, then practice some more.
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1 November 2015 | 16 replies
Is there some specific behavior or practice of a cotenant you can identify or some aspect of the building...
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13 November 2015 | 13 replies
It is a shady practice and you will likely get a reputation if you do.Instead, focus on finding great deals that are not in the process yet.
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3 August 2021 | 103 replies
It was a HUD home, but it was ours.In between auditions, gigs in crappy bars and band practice in our dilapidated garage, we worked to repair everything that had broken and hide everything we couldn't fix.
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10 November 2015 | 7 replies
Realtors are supposed to recommend consulting an attorney when it comes to anything that may considered "practicing law" e.g. details of a contract.