All Forum Posts by: Kevin S. Campbell

There are sample business real estate proposal letters on Google, just type in all these terms and get the help you need.  Nolo also publishes books that show you how to structure your agreements, along with paralegals, document prep stores, and lawyers.  People need to stop quizzing the questions and just help people with what they asked for.

Dear Lannie,

I would try Angie's List for customer feedback about property managers in that region.  They have a grade system that tells you the good, the bad, and the ugly.

Have a great week.

Dear Jose,

The deal looks iffy.  Is there a current appraisal on this?  Why don't you cut the guy out and just pull the needed funds out of the equity after sale?  

I hate to say it, but the owner would be able to hold on to this property by working it this way himself.  The whole thing depends on how much the place is worth and how much it is worth after the fix up.

Please get an appraisal.

I think Jeff is right.  You need a lawyer.  I would try a business law lawyer and a real estate attorney for free consultation.  You can find great lawyers at AVVO.com

I am not sure about the vacant units, but you can get a fair rent rate at rentometer.com, just punch in the address and it will give you rates for your unit.

Greetings Chad,

Please check out a cash flow analysis.  This site is teaching it at 

How to Analyze Rental Properties for Maximum Cash Flow

12

Wednesday,July 12

4:00pm - 5:00pm PDT

Happy real estate buying.

Wow guy!  That's a lot of questions.  I think you need a business coach, finance broker, and real estate attorney to help you out.  

You may also try the Note Queen on her website, just search for her on Google.

Have a great week.

Welcome Sam,

I like some of these comments, but to be honest, I find the site to be a little less helpful than expected.  These dudes should have just told you to look things up on Google and Craigslist and to try the nearby towns to you that have low rents.  

Cheaper rent means cheaper property value, under which the rents can be tweaked a little with small improvements to get a greater return, like Donald Trump's book The Art of the Deal shows.

I think people are starting off looking at too big of a sale, rather than getting into small and medium sized rentals that are less costly and easier to manage, especially when it comes to evictions.  This means fewer dollars to spend on those as well.

Have a great week looking at property.

Hi Ryan,

I think that your goals are very challenging and hard to fulfill.  It sounds like you need someone to go around shopping for you, but that takes a lot of faith.  

Do you have any relatives here in the US that you see as a partner that would help you?  You can pay them by the hour or invite them into the sales for a percentage.  I think that works better for your situation.

I also recommend using a real estate lawyer to review and draw up agreements so you can be covered in case of unintentionally breaking laws.  It really helps to know that everything is lined up, I sell prepaid legal services memberships that are one of the best deals I have ever seen.  They come with unlimited telephone support for an unlimited number of cases and plans start at $17.95 for individuals. Please check out my website for more information at kevinscampbell.legalshieldassociate.com  

Have a great year in real estate.

Hi Lynae,

I would suggest that you try going to your local banks and asking them to share their foreclosure list with you, also they know about pre-foreclosures.  That is the cheapest way I know to find these.  Carlton Sheets tells people this in his course.  You generally want to stay close to your rentals, but I think there are great values in small towns like mine.  Just use Zillow, Craiglist, and Trulia to search for apartments for sale.  You can get much better deals than what I am seeing here in farm towns with low rents and low land values.

Have a great journey to your goal.