Richard West
Day by Day - Step by Step Wholesale System?
29 November 2012 | 5 replies
I simply put a 60 business day assignable contract on the property, and simply by word of mouth sold it for a $15,000 profit within just a few days.With that said, all I spend my days doing, is looking for deals and making offers.The best piece of advice I can give you, is never ever ever look at a property without making some sort of offer on it.
Luigi Ontiveros
Help !! RE Agent is killing my wholesale deal !!
26 December 2011 | 6 replies
If you and your attorneys with the seller play games back and forth it will only cost you the buyer and seller a bunch of money and make the attorneys happy.If the seller wasn't of sound mind at the time then they could simply void the listing agreement and withdraw the property off the market.
Steven A.
Developer wants my property, but !
9 December 2011 | 7 replies
Getting allot of site errors, cant even contact Joshua about them, Had to re join just to reply to posts.As far as some of the questionsStrip center is 25 years old, I keep everything maintained, I always have people asking if I have space.My parcel is all flat, anything that isn't building or parking lot I had graded and seeded with grass, it is kept weed free, cut, and its like a park like setting. the 24 acre parcel has hills, and wet areas that DNR wont let be touched.I don't need to sell, but also know if the corner develops my site is worth much more, so if I hinder it I shoot myself in the foot.One developer brought up an easement to me for an entrance, his question was would I GRANT him an easement, not sell him one,that was back when a large food chain wanted the corner, he was going to develop it and then lease it to them( pick n save), not sure if I can name them.Anyway I got skidish with developers and brokers, they would call and want to meet at the local StarBucks, try and get me to tell them what it would take for me to sell, tell me they were going back to draft up an offer, I would never hear back, one local broker drafted up an offer to purchase, the offer was transferable, it was full of errors the city wasn't right, the county wasn't right, it was just a mess, so much that I began to think the commercial real estate world was full of shysters.I had a broker list my site for lease a few years back, asked me if I wanted to sell because of the corner being up for sale, I said maybe it all depends, so to make a long story as short as possible, he would tell potential Tennant' that I was thinking of selling, so not to depend on long term leases, then tells me lets just list it for sale, its not leasing out !
Renae Bliss
H E L P!!! I'm beyond ready!
13 December 2011 | 22 replies
This is being offered because simply put, I no longer have the time to wear all these hats.
Antonio Bodley
Those WE BUY HOUSES people
13 December 2011 | 21 replies
If I was entering a new market and trying to find a wholesaler friendly title company I would simply call a wholesaler and pretend to be a buyer.
Serge S.
Help evaluate this deal on 32 units PLEASE
6 February 2012 | 11 replies
Bank would probably let them go at $30k each. 1 is owned by an owner occupant who bought at $99k owner financed and intends to stay.I still run the HOA from my past ownership and could dissolve it and cut costs to lower that side of the monthly expense but the age of the buildings and tenants make it a deal that I'm very hesitant to get back into.
Garrison Johnson
My review of the Rich Dad Learn To Be Rich Academy
5 January 2016 | 33 replies
So I thought, if they aren’t cutting the mustard, get them out of there!
Bienes Raices
What do I do now with the security deposit?
14 December 2011 | 9 replies
The tenant that left should simply try to coax his deposit from the other two, or the one moving in.
Mike Welch
HOA Issue: Lender Demanding Higher Insurance Coverage
14 December 2011 | 4 replies
Once I did some shopping around and found a broker and insurance carrier offering good rates, I've simply renewed each year with the carrier.This year, the broker notified us that one of the lenders (WFB), who has a fractional interest in one of the four units, is demanding that we double our liability coverage.Given that the lender is not paying the premium, and that they only half a partial stake in 1 of the 4 units in the building, what legal rights do they have to compel the HOA to seek out a higher premium and double liability coverage?
Chad W.
Almost ready to close a loan but 2 snags...
31 July 2012 | 9 replies
One of the tenants paid for several months in advance and the check the property managers cut is 10% of the size of the mortgage on the home we used to get the down payment funds.