All Forum Posts by: Martin Cozzi

Hi @Matt Steele and thanks for responding.

The house is 50 years old and in need of TLC, so the extra cash is nice to have and it will definitely rent for more if I spend that $1500 on it. I guess writing it all down and reading your comment helped with the decision.

Investing the $1500 to improve the house right now should bring in more than $12,000 on the long run.

Hi,

I am under contract for a secondary residence and have been given the current options:

4.625% .5% discount point. Lender fees are $995 commitment fee (underwriting), $895 processing, $500 appraisal.
4.75% no points. Lender fees are $995 commitment fee (underwriting), $895 processing, $500 appraisal.
4.875% .5% lender credit. Lender fees are $995 commitment fee (underwriting), $895 processing, $500 appraisal.

The house is for ~235k, with 10% down.

I plan on putting this house up for short-term rental when I am not around.

The difference between 4.625 and 4.875 is essential $31 a month.

The 4.625 option means I have to spend an extra $1000 up front and pay for all fees. 

The 4.875 option means "free" appraisal. So the difference really is $1500 right now costing me ~12k over 30 years..

Knowing I plan on renting it out part-time, would you recommend that I invest the extra $1500 in renovations to make the house more appealing to renters, or that I eat up the cost but "save" 12k over 30 years?

Hi,

I have been looking for a property with specific details in a particular area of Las Vegas, to the point where I know the exact specs of the house I am looking for, and the neighborhood I want it to be in.

When I am not looking for real estate I run a consulting business, and I am starting to see a lot of similarities in between.

Ideal client persona, lead generation, cold emailing/calling, getting your pitch dialed in etc.

With my business, I know where to find leads by searching on a few websites where I have a membership that collects information such as employee count, last round of funding etc.

I would like to apply some of my business strategies to real estate, but I am not sure where I can find information about properties, filter by lot size, tenant eviction, amount of equity someone has in a house etc. I really want to create funnels in this process so that my targetting can be spot on before I start reaching out via cold calling, yellow letters, or other strategies.

So, my question is, how does one go about finding those targetted leads? Are there any websites should I be aware of (even if they require a membership)?

Thanks!

Hi,

I have been looking for a property with specific details in a particular area of Las Vegas, to the point where I know pretty well which neighborhood I want it to be in.

When I am not looking for real estate I run a consulting business, and I am starting to see a lot of similarities in between.

Ideal client persona, lead generation, cold emailing/calling, getting your pitch dialed in etc.

With my business, I know where to find leads by searching on a few website where I have a membership that collects information such as employee count, last round of funding etc.

I would like to apply some of my business strategies to real estate, but I am not sure where I can find information about properties, filter by lot size, tenant eviction, amount of equity someone has in a house etc. I really want to create funnels in this process so that my targetting can be spot on before I start reaching out via cold calling, yellow letters, or other strategies.

So, my question is, what's your targetted lead-gen strategy, and what websites should I be aware of (even if they require a membership).

Thanks!