Erin Spradlin
Best Practices for Buying in a Hot Market (like Denver/Colo Spgs)
13 March 2018 | 0 replies
As Denver has just been rated the hardest place for a first time home buyer, I've started a list of things that I think help our clients, but am interested in what other BP agents and people have to add to help make it easier for first time home buyers.Write a strong offer letter that's personalized to the place and makes you seem like someone the seller wants to help outIf you know the owner still lives in the place, consider mailing your letter so that it stands out from emailMake your offer as close to cash as possible - this is possible if you go further into the lending process than just getting pre-qualifiedConsider a market that's still appealing, but less expensive and up and coming (aka, talking to you Colorado Springs)Go with a local lender- local lenders return phone calls, work off hours and know contacts in the area- they can make the seller's life (and their agent's life) much easierBe as flexible as possible with your time.
Erik Sherburne
How leveraged are you?
19 March 2018 | 87 replies
I do not invest for appreciation and prefer that appreciation to be driven by rental rates not economy driven home buyers.
Jonathan Polanski
purchasing a quad plex
21 March 2018 | 9 replies
So I'm in the process of purchasing a quadplex in South Florida, I put in an offer 5k more than asking because buyers are really aggressive here I lost out on a few good deals here to other investors so I wanted to get aggressive, and I'll make 17% cash on cash ROI with all my expenses allocated even at 5k more than asking.
Richard Morency
Good Title Companies in RI
14 March 2018 | 1 reply
Hello guys anyone know of good title companies in ri that are able to do double closings.Also if it matters i am bringing my own funds and not using any buyer funds
Brian Truman
Off Market Properties in Kitsap County, WA
19 March 2018 | 3 replies
I used to use $30/foot as a decent ballpark figure for renovations, but it seems like renovation costs have gone up quite a bit, $40-50/ft has been the new reality lately, but of course it's tough to put a 'per-foot' number on any particular project because everything is unique.Mobiles on their own land can be flipped, just pay attention to the age, anything before 1976 will pretty much have to be sold on a contract or to a cash buyer.
Guy Kriz
help needed for a fresh newbie!!
19 March 2018 | 7 replies
If you can come to the city to visit that helps but often, as a majority of properties are "curb offers only", buyers will come out for inspections after the offer is made and then go home and complete the rest of deal form there.
Pamela Mitchell
Anyone do any type of training before jumping in?
28 March 2018 | 6 replies
Now just to build my buyer list!
Robert Lafrance
Assignment of Contract and Terms - Buyer Pays Closing Costs
13 March 2018 | 2 replies
I've read material through various resources that buyer pays closing costs as long as it's put in the agreement.
Dave Carella
Interest rates going up
13 March 2018 | 1 reply
Interest rates are going to rise more than current buyers can deal with = more renters coming soon.,,,, buy buy buy