13 December 2015 | 13 replies
Once you are well-qualified, you'll find agents are more willing to spend their time with you.We also look for people who are willing to make reasonable offers on homes.
10 December 2015 | 0 replies
I am about to jump into the "pool" of direct mail marketers...yup, as the distressed property owner sorts through his mail, over the trash can looking for utility bills....and throws away all those yellow letters etc....I'm actually going to spend some hard earned money to be one of those letters....with the hope that someone on my mail list chooses to open the letter, or read the postcard and call me to see if I can help them out of their financial situation.I've asked a lot of questions....watched videos....read articles...and given it a lot of thought.I need a list that I can mail to on a consistent basis..I'm thinking once a month for six months...then move on to a new list.The criteria I plan to use:single family and multi family propertiesowned for at least 10 yearshave a trustees sale notice recorded within the last three monthsMaricopa CountyIs this a perfect list?
10 December 2015 | 1 reply
additionally, I plan to renovate the property and in 1 year, recoup my cash through a commercial loan. as i mentioned, the property is only three units.assuming that i succeed in bringing up the NOI is it realistic to think that i can get a commercial loan in a year?
17 December 2015 | 12 replies
This also influences what I pay and spend on rehab, as well as if I refinance 70, 75 or 80 percent LTV.
10 December 2015 | 1 reply
Spend a load of time on cregslist looking for similar properties in like locations, that are all rehabbed and see what they rent for... $50 a month would cover the cost of carpet and paint rather quickly.
12 December 2015 | 34 replies
The few properties that have seemed promising to me have sold so quickly and at such ridiculous prices that I wonder if I should even be spending my time in MF right now.
20 April 2016 | 8 replies
In general you make more by spending more.
11 December 2015 | 4 replies
More realistic, fair, and practical, would be 5%, which will lower the expenses by about $4,000 annually.If you're still with me at this point, here are some other details: New exterior and roof on building.
11 December 2015 | 2 replies
I know this can vary greatly, but was just curious about how much I can realistically expect to make in RE my first year if I do it full time.
11 December 2015 | 7 replies
But best thing truly is to spend all waking hours you can on realtor.com or somewhere looking for stuff and have agents searching for you.