Due diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performance of an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of […]

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How Valuable is One Lead?

People often ask me what the average response rate is when mail marketing to homeowners in pre-foreclosure. There are two answers depending on what the content of the letter is. If the purpose of the letter is to see if the homeowner is willing to sell, then the average response […]

Popularity: 13% [?]

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You have to love the amount of flexibility there is when running a deal FHA but more often than not, there are too many things left undone that cause major hiccups in the final stages of any transaction.
Technically, many of these hiccups are because of the lack of attention to detail on the […]

Popularity: 11% [?]

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In the winter of 2003, I was out driving by properties that I was managing in Minnesota, checking to make sure the tenants were maintaining the exteriors. One of the properties was a four-plex building and the day I drove by was the trash pick up day. Ordinarily, there is nothing noteworthy about trash […]

Popularity: 12% [?]

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The Green revolution has arrived, and it wants you! In todays modern construction world, many builders are investing in Green construction and finding a whole new Market of eager buyers, and the cost depends on just how green you want to get. As for how much it costs, and how much it saves, well, […]

Popularity: 17% [?]

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For the novice real estate investor, it’s mighty tempting to handle business deals and tenant phone calls from home, but having a home office or dedicated office area provides a degree of separation essential for running a successful real estate enterprise. No matter how hard you try, it’s impossible to sound professional with a screaming […]

Popularity: 15% [?]

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With homeowners defaulting on their mortgages at a record pace, many people are practically begging their lenders for some form of relief or assistance in order to prevent themselves from ending up on the street. While it is certainly disconcerting to receive collection letters and threats of impending foreclosure from a lender, those who […]

Popularity: 19% [?]

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