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All Forum Posts by: Benjamin Cowles

Benjamin Cowles has started 92 posts and replied 441 times.

Post: My first fix and flip

Benjamin CowlesPosted
  • Cape Coral, FL
  • Posts 469
  • Votes 32

first thing I did was take a look at the solds based on your info. Never done a deal yet but if this turns out to be one then I'm way off but it looks like what's already been uncovered by the HUD that's it WAS a deal already. From what I've gathered this could be good for a buy-and-hold'er if you had cash or terms but no flip. How were you planning on paying the hard money loan? After your sale of it? Keep us updated.

Post: how to compare selling for cash or financing the buyer

Benjamin CowlesPosted
  • Cape Coral, FL
  • Posts 469
  • Votes 32

awesome bill, that was a brain full but insightful and will keep me busy

Post: Ever heard of "Agent pro"?

Benjamin CowlesPosted
  • Cape Coral, FL
  • Posts 469
  • Votes 32

thanks Seth

Post: how to compare selling for cash or financing the buyer

Benjamin CowlesPosted
  • Cape Coral, FL
  • Posts 469
  • Votes 32

Selling your home cash vs seller financing.  A mortgage you create eventually ends where a rental contract could last forever. Are there formulas to compare those values?  Besides obviously using your cash reserves to determine how much cash you'll require and how much rental investing you plan on doing, is there a formula/rate like a cap rate that factors in the life of an asset? Is there some basic fundamental I've just not learned yet? What term(s) ought I google? Please enlighten me.  Thanks.

Post: Ever heard of "Agent pro"?

Benjamin CowlesPosted
  • Cape Coral, FL
  • Posts 469
  • Votes 32

Post: Ever heard of "Agent pro"?

Benjamin CowlesPosted
  • Cape Coral, FL
  • Posts 469
  • Votes 32

I was listening to episode 39 of the bp podcast with Seth Williams and he said he used this company for leads lists for $18/month but I couldn't find it searching the internet and for some reason I can't post in that forum for the podcast. Anyone know what he was referring to? Maybe I heard it wrong. 

thanks Josh. You said:

"You can drive all over the town and find vacant property but you will never find all of the absentee owner property". Inversely could you find all properties in the lists that you'd find driving around? IOW, if you're ordering lists is there much if any point in driving the streets. Mind you I'm looking for excuses to ride my bike around but I just want to know the real value in d4d on top of using lists. 

How much does using absentee lists defeat the purpose of 'driving for dollars'? Would you use both strategies together?

thanks Rob