Real Estate Deals

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Real Estate Investors – Are You a Bug In Search of a Windshield?

by Jeff Brown | July 20, 2010

I’ve been that bug on the windshield — three times. Only once was it due to outside forces — a politically powerful county supervisor wanted nobody in his fiefdom to prosper but him. We were dead in the water from the get-go. A lesson learned. The other times were due to me defying what I’ve [...]

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Real Estate Deals

Make this Mistake and You’ll Instantly Lose a Deal

by Jason Hanson | May 23, 2010
Thumbnail image for Make this Mistake and You’ll Instantly Lose a Deal

When it comes to closing deals, I’m obsessive compulsive. After all, this is my livelihood. If I don’t close deals I don’t eat. For example, when I was first starting out and becoming successful, a new investor asked me if he could tag along and see how I closed a deal. I said sure. We [...]

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Real Estate Deals

Persistence is a Virtue. The Story of How I Got My Latest REO Deal.

by Justin Pierce | October 25, 2009

Let me tell you a story about how I made a bundle of money this week. It’s the story of how I captured my latest deal. Now when I tell you the story you may think that I’m counting my chickens before they’ve hatched but you really do make your money when you buy. Never, loose site of that important fact. In this case the money is made and in the bank. Now until the home is sold the money is mine to loose or keep, depending on how I manage the project.

Persistence and Ambition Lead to a Working Relationship

You could say it started about a month ago. A young ambitious Realtor contacted me when he saw my ads stating that I buy houses. He sent me about a half dozen listing and to my surprise the list had potential. I am a licensed and active Realtor but I appreciate a go-getter when I see one. I can only cover so much ground myself and I love to enlist the services of ambitious people. We looked at a few of these properties on his list and we made some offers but nothing came through. The beautiful thing was that this young Realtor came back with another list of properties. That is how I knew he had the stuff. Many Realtors say they want to work with investors but when they actually see the nature of the game they roll out quite quickly. The fact that this guy came back told me he was real deal.

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Real Estate Deals

Can Cherry Picking Hurt Your Real Estate Business?

by J. Lamar Ferren | October 10, 2009

Cherry Picking

In basketball, the player that stands by the net the entire game and takes the easy shots is considered a cherry picker. This is frowned upon because they want you to be more engaged in the game. They want you to sweat and push your self so hard to earn each and every point. Not take the easy way out and cherry pick all day.

That’s not how you play the game, right?… Or is it?

Let’s get right to the purpose of this post. Because I’m not here to talk about going in the field and picking cherries and I’m not here to talk about the game of basketball.

I’m here to talk about the game of real estate and whether the concept of cherry picking in real estate can help or hurt your business. I’m also going to let you in on why I don’t follow the “first come, first serve” rule in my business and why you shouldn’t either.

But first, let’s start this off the right way…

What the heck is Cherry Picking When It Comes to Real Estate?

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Real Estate Deals

How To Make More Money, Even After Closing Your Deals

by J. Lamar Ferren | September 26, 2009

Cash after closingWhen you close a deal and make a profit, are you able to make even more money afterwards . . . from the same deal?

First off, let me make it very clear that this is not about raising the rent or increasing the value of your home – or anything like that.

While doing things like that can increase your income, what I want to talk to you about today deals with marketing. When you close on a deal, your relationship with the buyer/seller/investor doesn’t have to stop there.

And the best part is, as you close more deals and do what I’m about to suggest to you, you’ll see growth in your business.

Let’s get started…

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Real Estate Deals

How to get tons of great deals, and cherry pick the best ones

by Ryan Moeller | August 11, 2009

finding real estate deals

The current market conditions have resulted in incredible opportunities for investors.  In order to take advantage of the oversupply of opportunities, we investors must efficiently sift through the many available properties and separate the deals from the duds.  But first, you need deals coming into your pipeline that fit your criteria.  And not just a few, you need an abundance.  Finding great deals is the most important part of real estate investing. 

Here are some steps and ideas to get tons of profitable deals to cherry pick from:

1. Have agents do the work for you – Agents are starving and will work their tail off for peanuts these days.

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Real Estate Deals

Series LLCs and Real Estate Investing: A Primer – Look Before You Leap, Though!

by Greg Boots | March 25, 2009

By now most investors are aware that Limited Liability Companies (LLCs) are designed to help insulate the owner (member) of the LLC from the liabilities that may arise on an investment property held within the LLC. What has drawn confusion and massive amount of debate is whether or not an investor should create a Series [...]

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Real Estate Deals

What Will Make Me The Most Money?

by Jason Hanson | January 22, 2009

I live about 15 miles outside of Washington, DC which means I was trapped in my house all day Tuesday. There was no way I was leaving my house because of the inauguration traffic and all of the road closures. Anyway, most people know that I read one book per week and I just finished [...]

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Real Estate Deals

Creative Real Estate Investing: “They Pay You” Subject-To

by Jason Hanson | January 14, 2009

There are four ways to make money from subject-to’s. But, before I tell you one of those ways, let me quickly tell you about my search for a new home. I met with the seller last week and negotiations went nowhere so I left. Basically, the guy was not motivated enough, so I’m going to [...]

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Real Estate Deals

Real Estate Investors: Learn How A Puppy Dog Can Make You Rich!

by Jason Hanson | July 17, 2008

I hate running (unless someone is chasing me). I haven’t run in probably four years. Elevators and escalators are my best friends…but through a series of events which I don’t feel like explaining, I am now training for a marathon because of a promise that I made to someone. When you give someone your word, [...]

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Real Estate Deals

Sign of the Times: Buy One Home Get One Free

by Joshua Dorkin | June 3, 2008

Deal of the Century? I guess home builders have decided enough is enough. In a sign of the times, the Los Angeles Times is reporting that Michael Crews Development out of San Diego is offering a buy-one-get-one free deal on homes that they have developed in Escondido. The company came up with this idea as [...]

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Commercial Real Estate

Utilizing a network of real estate agents to invest in a down market

by Mike Farmer | May 20, 2008

I have approximately ten serious buyers who have a home to sell in another state before they can buy. I talked to the relocation person at Gulfstream here in Savannah and she said many of her new hires have homes to sell before they can buy. If you take my situation and consider all the [...]

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Learn Real Estate

Title Insurance: The Basics

by Joshua M. Marks, Esq. | May 13, 2008

I have often found that many homebuyers lack a fundamental understanding about title insurance. While most past clients have admitted to briefly discussing the topic with their real estate agent, they don’t seem to understand its purpose or function–only that it will be an additional expense on the settlement sheet for which they are responsible. [...]

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Commentary

Texas: The Next Real Estate Boom?

by Jim Watkins | April 4, 2008

During a class I was teaching in 2005, one of the students asked why all the “idiot” California investors were flocking into town and buying newly constructed houses for as much as $0.90 cents on the dollar? His question drew some laughs from others in the room and they also wondered why they would pay [...]

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Foreclosures

Benefits of Buying a Bank Owned Property (REO)

by Troy Schuricht | April 3, 2008

REO stands for real estate owned. This term is used when referring to a home that has gone through the foreclosure process, failed to find a buyer at the auction, and is now owned by the bank. One of the benefits of buying a bank-owned REO property is that investors can purchase the home free [...]

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