Jeff Sitti
"Hard Hitters" - Real deal investors...
12 November 2011 | 17 replies
Jeff,The following two statements should probably save you a lot of time:1) The people asking you to find deals on the MLS probably don't have money.2) The deals you find them probably aren't deals.With that in mind... you will likely be able to free up your time for more productive use.
Allison Cannie
Eviction Process in NC
7 November 2011 | 1 reply
Where can I find information on the eviction process in NC so that I file the proper paperwork as well as follow the correct procedure.
William R.
How to Lead Generate for Million-Dollar Buyers?
13 November 2011 | 9 replies
No if it's priced right it's a steal for most buyers.The fact the you mention THE RIGHT buyer indicates it is overpriced and the seller is wanting you to find THE ONE buyer who will pay top market for it.So it is either a steal or it is not.Usually that market is slow moving as those are move up homes and many buyers are underwater in their current homes.Research in your area WHAT IS SELLING.I focus on what buyer are wanting to buy in the marketplace and NOT what sellers are wanting to sell.Your MLS will have data on what product type is moving.Expensive homes have a bunch of outlay in marketing costs so the listing should not be taken lightly.Some friends that have been selling upper end homes for years provide basic marketing and anything additional make the seller pay for it and keep the receipts.Then when it sells they credit the seller off of their commission.This way if the seller wants to take off the market early or change brokers/agents and not give you the average marketing time to sell it they are out the money and not you.It makes the seller think long and hard about correct pricing when it is THEIR money on the line.
Bienes Raices
Open or Expired Permits, or no permits, on REOs
12 November 2011 | 1 reply
If a permit was opened and closed properly it will not cause a problem.
Naga A.
I want to fire a property manager, but there is a problem.
12 November 2011 | 21 replies
Hiring this PM was part of a package of a "turn-key" product.
Agnes P
1st mortgage in second position
12 November 2011 | 2 replies
So even if the two existing loans were in the proper order if you refi only the first the new loan would become the second.
Mark Beekman
LLC Sells Property -- Business Income or Capital Gains?
21 November 2011 | 12 replies
Certainly, facts have been omitted - even by accident since a proper interview has not taken place.
Tony Nguyen
How To Find Motivated Apartment Sellers
19 April 2016 | 22 replies
Most tenants do not show up so judgment is given to landlord if papers executed properly along with possession of the property.
Nathan Emmert
How much insurance to have?
18 November 2011 | 17 replies
In the economic climate we are in there are way to many parts of the country where you would never get a proper value of your asset in line with construction costs.
David Beard
Turnkey sellers - why are expenses ignored?
26 November 2011 | 50 replies
I don't see seasoned investors buying these types of properties for the most part.So then in my mind these newer investors are buying properties that have minimal returns because they do not have the experience to properly analyze a purchase price.If you are buying TURN KEY you are paying for it.If you want some easy don't expect to get rich off of it.These new investors in my opinion would be better off handing the money over to a seasoned investor who will purchase properly and give them the returns wanted WITHOUT the headache of land lording or overpaying.Again I have never used a turn key company.I just know based on many accounts of others buying through them that many times it does not work in their favor.I have yet to see an independant third party that bought post everywhere that they are cash flowing great and would use turn key again.Instead it's nightmare after nightmare.If I have to deal with a properties nightmares I will do the work and reap ALL the forced equity I wring out of it.Not overpay for lipstick and then be fixing problem after problem.Before you buy in that area go to the eviction court and see how many cases are processing a month?