Alan Taylor
Questions on practices/protocol for closing in North Carolina
9 December 2022 | 12 replies
Seller can’t force Buyer to use a certain attorney, but Seller can get their own attorney and pay for it themselves.
Susan Grinde
What questions are good to ask a potential lead when they call?
4 July 2018 | 11 replies
Utilities costs (Gas, Electric, Water) for the past 6 monthsThis part of your motivated seller questionnaire gives you the information with which you'll be able to decide whether the property needs a short sale, whether seller financing is an option, and how to structure a deal or an offer that can work for both you and the homeowner.You'll also need this information to properly market the house to your investment property buyers.If you're a new real estate investor, I hope you arm yourself with the information on this page to work out win-win-win solutions for your sellers, your buyers and yourself.Motivated Seller Questionnaire Red FlagsThe power of the motivated seller questionnaire is that it helps guide your interview process, and gives you a framework to make the screening as conversational as possible (In other words, it's a script, without the mechanical sounding words and phrases).It helps you in the 4 following ways: Avoid Outright deception by prospective property sellers Properly screen your inbound leads for seller motivation Helps screen out irritable, irrational, potentially psychotic people you should never, ever deal with Helps you build rapport with target ideal candidates Supplies information to help structure your dealsAvoiding Outright Deception I've had a property owner tell me "..All the house needs is less than $5,000 dollars in repairs, and it's ready..." on a house that clearly needed so much work ($35,000 to $40,000 dollars) that no buyer or agent had ever called him back.Better Motivated seller screening Being a successful real estate wholesaler is a matter of alignment.
Troy Welch
Tenants with marital issues - husband destroying property
2 January 2023 | 6 replies
Help her to change the locks once he agrees to move out, but you can't really force him.
Account Closed
Solar in illinois: worth it?
9 May 2020 | 28 replies
I have a forced air furnace but I pay for electric in my primary residence which is a two unit + public My next step is to consider solar on my 6 unit
Barbara Bergen
Buy and hold rentals
29 October 2022 | 8 replies
I am seeing high 7% to low 8% on a 5/1 interest only ARM and high 8% on a 30 year fixed.
Daniel Salmo
Heloc or creative finance or hard money lender
2 January 2023 | 2 replies
I currently have an investment property in Doral Florida and i have a first conventional mortgage and second is heloc arm interest only.
Joe Kim
Rental Arbitrage -how to do airbnb without BUYING
26 November 2019 | 96 replies
They are not familiar with stuff so more forcing things like faucets.
Owen Dashner
Fire & Ice Damage - Playbook?
2 January 2023 | 2 replies
Remediation "specialists" charge an arm and two legs for all this work, but if your insurance is paying, maybe that's ok with you, and it is certainly more "hands off".
Salla Sandeep
Financing Options for an ADU
3 January 2023 | 4 replies
@Salla Sandeep - Perhaps you can look into ARM products.