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12 August 2011 | 9 replies
Without knowing the numbers, both ideas could be good, both could be bad, or one could stand out as better than the other.There's a ton of other information that would be helpful, but those two things are most important if you want informed opinions and advice...
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15 August 2011 | 7 replies
BPO stands for Broker's Price Opinion.
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16 August 2011 | 10 replies
“I believe that banking institutions are more dangerous to our liberties than standing armies.”
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14 August 2011 | 11 replies
Gary,The truth is many wholesalers don't have a dime to their name.They read some get rich quick crap and try to lock up properties for 10.If I am a listing broker there is no way I would allow the seller to go through with such a deal.I would insert multiple clauses if they insisted to a right to continued marketing and a termination clause by the seller at any time in the contract.After all if YOU the buyer have no risk then the SELLER should have no risk either.If you put up a bunch of money that you stand to lose you will hustle like a SOB to FIND a buyer that will perform.If the seller tries to pull the listing early or withdraw there usually is a protection period built in for the broker unless the seller re-lists the property with someone else.Every seller will go through a sales cycle.Sometimes these last more than a year.The further desperate they get the more they will drop on price and be open to creative financing to eliminate their problem.Banks are sellers too and operate this way.I see many bank foreclosures overpriced.Over time they reduce to sell.If you are a wholesaler finding listings on the MLS is NOT the way to go.As a listing broker I would simply tell my client.Rather than selling that low let's keep reducing the price by xx percent each week until we get a contract.This way you will know the highest price the market will bare and not leave any money on the table.The problem is often listing brokers wait too late for a price reduction and it is still overpriced.When a seller reduces they have to be in the bottom 50% of for sale pricing to get a contract unless they have an unbelievable property which isn't the case 99 percent of the time.
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6 December 2008 | 21 replies
I for one wont stand for it.
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13 November 2008 | 0 replies
Not bad but not that good.I know this person very well but I just want to know how I should go about approaching them from a investors stand point.
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10 December 2008 | 3 replies
Not bad but not that good.I know this person very well but I just want to know how I should go about approaching them from a investors stand point.
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3 January 2009 | 8 replies
Byu has fl st, az st and okl(if they sign the agreement for opening at the new Dallas stadium in a kick off classic) next year. btw, if BYU beats utah and nv beats boise, BYU goes to the BCS.
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27 November 2008 | 17 replies
You now need to take a new firm stand and re-establish the landlord / tenant relationship.
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28 November 2008 | 4 replies
:roll: Needed to vent, I can't stand getting yelled at, especially when the person doing the yelling shouldnt be allowed to breed let alone purchase a home..... who tries to buy a home with a 438 mid fico anyway?