Rich Cee
WHAT IS A DEAL TO YOU?
23 February 2015 | 56 replies
If you ever get up into the land of larger multifamily deals, this reputation will follow you around.
Ceasar Blackman
Just got my Real Estate Sales Associate License and I plan to Sell Timeshares !!
29 October 2014 | 10 replies
At the end of the day its a sales pitch and since i am working off their leads there is always going to be an element of salesmanship to it, but i will always try to be as upfront as possible and i will focus on the reputation of the company. :)
Vik C.
Can Turnkey + Landlord-driven Tenant Screening coexist?
31 October 2014 | 24 replies
I am quite familiar with your turnkey operation as I have done some research on reputable providers and your names often comes up for Memphis and some of your other markets.
Michael Yin
What's first... the deal or the funding?
30 October 2014 | 16 replies
Highlight all the strong points of the property and the deal.Mission Statement: In a few paragraphs that succinctly state your purposeBackground/Resume: Present information about yourself and your experienceFinancial Statement: List your assets, liabilities, and net worthSite Location: Include list of benefits, maps, and proximity to shopping and schoolsDemographics: Present information about the people living in the area (income, education, etc)Competitor Analysis: Determine who your competitors are and the present average rents and sales comparisonsMarketing Strategy: Define your target market (tenants, buyers, etc)Financial Analysis: Include all the relevant financial data: last two years of financial statements for the propertycurrent year-to-date profit and loss statementcurrent rent rolland pro forma operating statementsfive-year profit and loss projectionsImprovements: Define capital improvements to be made to the propertyRepositioning Plan: Cover the following items as needed Explain how you plan to operate the property Plan for replacing the property management teamPlan for developing a new marketing planPlan to implement a resident retention programPlan for changing the reputation of the propertyPlan for building a sense of communityPlan for making changes to the current resident basePlan for acquiring your target rentersPlan for resolving any current issuesGive summary of when and how the property will reach break-even, and how you plan on paying the lender/investorKey members and advisors that are part of your team: show that you're a professional that knows how to leverage the experience of others to increase your credibility property management companyattorney & title companycontractorsPurchase Agreement: Include your sales contract with the sellerKey Milestone Dates: when the due diligence period expiresthe expiration of the financing contingencyclosing dateExhibits: Include photos of the propertyaerial mapstax returnssample floor plans, and the like
Account Closed
How does everyone calculate ARV???
31 October 2014 | 17 replies
A neighborhood with a bad reputation, a salvage yard down the street that you have to drive past, being near an airport, could have odors from some factory a mile away under certain weather conditions that are common, these are EO factors you need to assess, as you say, build in more potential profit as you may end up giving more away.
Rebekah Yearwood
GIC Deal Finders
20 December 2016 | 11 replies
You have our email address, you have my phone number, and you have not registered a single request or complain on our website, but you have the audacity to come on this respectable forum to make a complaint about a company that has nothing advertised on this forum.I am a respectable, reputable and professional member of bigger pockets.
Landon Elscott
Anyone ever buy land on EBay?
29 October 2014 | 1 reply
Check out their reputation on Ebay and in their local market3.
Account Closed
What the customer wants.. APPRAISERS
28 November 2014 | 8 replies
That is not a good reputation for an appraiser to have.I could unload some more, but it's Thanksgiving and I have to digest 10 pounds of food, at least I feel like it's 10 pounds worth, so I don't want my suffering to influence yours.
Brian Diaz
REA
1 November 2014 | 6 replies
FIBI has a good reputation because there are no sales pitches or pressure to attend pricey seminars.
Chris Christianson
St. Paul West Side?
29 December 2014 | 6 replies
The West Side has a reputation for being a tougher area, although I know people who live there and like it.You can fix a house, but what about the neighborhood?