All Forum Posts by: Jeffrey Mcintyre

Hello fellow users.

I'm in the process of calculating to see if what I have is a Deal....Can anyone in the NYC area ( or anyone who knows)  tell me if the "Judgement amount" on a home that is in Pre-Foreclosure also includes the back "Back-Payments"?

I have the REIpro software.. I have about 20-days left before the payments start kicking in.

I'm more of a Cold Call-person.. I don't think i'll be using the direct mail feature as often.

I think the skip tracing feature is quiet expensive, so I don't see me using that feature. I'd rather use a reputable Skip-Tracing site along with REIpro....

I'm new to Real Estate investing as-well..having Had any contracts yet. So far I like it..I don't like the Purchase and Sale contract they have, so i uploaded my own..and I created some other "Cold-Call Scripts to add to the system.. Pretty cool if you have other employees who are starting out... not really necessary if you Cold call people Alot ( I say this because if you cold-call often, naturally, you'll pretty much have your Pitches down-packed .

Contact me anytime  and i'll gladly share some knowledge with you. 

@Sall Castaneda 

I really like the replies in this post especially yours..... I'm in the NYC area and Pre-foreclosures are everywhere.. quite sad actually.

It Makes perfect sense to go into it trying to keep people in their homes...This would mean fully educating yourself in the area of pre-foreclosures  and the options available to them because most people are not aware of the little things they can do to protect themselves..

quite interested , myself..

Hello,

First i would like to thank you i. advanced.

i would like some advise  on how to properly seek out information on a different real estate market. I wa told that i should reach out to the local contractors , investors and real estate agents.

I understand why i would need to do this...but i am quite puzzled as to what type of questions to ask so i can properly get an idea of what type of market it Id be dealing with if I decided to invested there. 

any ideas?

Angelo,

thanks so much for your response, i really appreciate it. This information removed alot of anxiety..thanks again.

i see, so bases on your answer..it seems to be subjective. --thanks for the quick response, muh appreciated.

anyone else? it would be helpful to get a large number of ppl to chime in ( help me get a better understanding of what to do)

Hello and thank you in advanced.

i have a question about how square footage.

When running comps..what is an acceptable range when picking comps for a prospect- property?

for example: if i have a property that is 2100SQFT.

if i see houses with same number of beds and baths, etc...can i choose comps in the following range? 1800SQFT - 2300SQFT ..or is that too wide of a range.

im asking this question because everyone ive asked thus far says to pull "alike" properties with similar square footage....but never exaplained what is acceptable (no rule of thumb)

in addition...what to do if i dont see any comps?

please assist as this seems to be my biggest problem.

Dmitriy,

Thank for the information, much appreciated. !

thanks!