10 of the FIRST questions to ask when looking to purchase a multi-family property The ten FIRST questions to ask when looking to purchase a multi-family property! 1) How much are you collecting in rents every day? 2) What is the unit mix? 3) Are your tenants on month to month leases, or longer term […]
10 steps to take today if you are BRAND new to investing!
10 steps to take today if you are BRAND new to investing! Leads, Leads,Leads!! Drive for dollars. Get your mail list together, using the address’s you collected. Pick a mailing house. Yellow letters.com or Gobigprinting.com Mail out your list consistently. Commit and follow through. Free marketing? Use your sphere! Get a seller lead sheet together. […]
20 line items to have in your deal analyzer
20 line items to have in your deal analyzer 20 line items to have in your deal analyzer ARV Rehab costs Purchase price Lender points Lender admin fee’s Insurance Purchase closing costs Inspection fee’s Septic inspection, pump, reporting Old oil tanks in the ground Property taxes Wholesale fee’s Utilities Draw fee’s from lender Commissions Excise […]
4 NINJA strategies to use in a COMPETITIVE market!
4 NINJA strategies to use in a COMPETITIVE market! Prehab strategy – Aquire property —> Clean the property out (life safety)–> Put back on the market Learn & Understand creative deal Structuring – (Lease options, Seller Financing, Joint […]
The FIRST ten questions to ask on a Multi-family deal of any size.
The FIRST ten questions to ask on a Multi- family deal of any size. How much do you collect in rent each month? Whats the unit mix? Are your tenants on Month to Month leases, or long term leases? Do the tenants pay there own utilities? Have you made any upgrades to the building? […]
Private money lending tips to consider before you lend a dime!
Private money lending tips to consider before you lend a dime! Find an investor with some experience. Invest with people who have other assets. Make sure the investors you deal with are making money on the deals. Make sure that you can take second lean position on the asset. Have your attorney review. Set rules […]
The Very FIRST action a new investor must take
The Very FIRST action a new investor must take As a new investor you need to figure out WHAT SKILLS DO I BRING TO THE TABLE?? Money hustle Contractor Realtor Etc. Find someone more experienced than you, that has the opposite skill sets & partner with them on some deals!
A great Tip on building MASSIVE Rapport with sellers
A great Tip on building MASSIVE Rapport with sellers Be honest with the seller! If your in a situation that you’re opinion is that they should keep the house…let them know that they should keep the house. When you walk in to a home and you show that you put the seller ahead of your […]
Do I need to let my designated broker know I’m wholesaling?
Do I need to let my designated broker know I’m wholesaling? This is for the broker/Investors out there! The question is Do I need to let my Designated broker know i’m wholesaling? Yes. You should disclose to everyone what your doing. The reason is because there could be state laws & rules to follow in […]
3 Seller leads that WILL take a your time, and HOW to identify them!
3 Seller leads that WILL take a your time, and HOW to identify them! The seller that is going to be having a open house & having all of the brokers/investors come to the home one day and YOU can come & compete for the property. Put the ball back in there court. Let […]
