Author Archives: big mike
to claim your free MHD membership and get access to the largest wholesale property directory in your market visit http://MyFlipLeads.com Richard Drake was live on facebook Who is Richard Drake and why should you care? Welll.. he is the real deal… Ricahrd is a Home Vestors Franchisee Owner, Renters Warehouse CEO and partner of Jet Lending – If you havent claimed your free membership go to myflipleads.com Listen in a candid conversation from a HUGE player in the Houston market… here is a couple of things we covered below Lots of golden nuggets and real useful content How did he purchase over 1,5000 properties? How to scale a rental business? Biggest source of leads today? Most lucrative strategy? How he explains his rental business Whats the best lead? How do you get in front of people first before they talk to anyone else? A Few Things to Consider… Does your neighborhood allow for carrying of deadly weapons? Should wholesalers close on the property? Do you tell sellers you are going to flip their house? How to build wealth through real estate? Is there wealth building in flipping? How do you collect rent? Do you use private/hard money for your own business? Whats the best way to start investing? When Should I quit my job? What percentage of your leads do you close on? Have you ever paid retail for a property? What percentage ARV do you pay? How do you classify your neighborhoods? How do you pulls comps? How do you incentivize your tenants to stay long term? What syndication tools and softwares do you use? How do you manage houses? Whats your tenant criteria? What is Rent feeder? P.S. to claim your free MHD membership and get access to the largest wholesale property directory in your market visit http://MyFlipLeads.com Sponsored by LazarineLaw.com
http://www.REIClub.com – What Happens During Real Estate Closings? Here Are A Few Tips On Closing Real Estate As a Wholesaler… Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on how a typical wholesale closing works. The first thing you have to do is find is a title company: Title company, closing agent/attorney – Quick – avg 3 business days – Attorney – look over title work, cleared Types of Closings – (money usually sits in closing escrow) – Simultaneous closing (aka. double closing, back to back closing) – using buyer funds to close, buyer shows up first (morning), purpose of this close is to obtain cash at closing. – Transactional – using short term third party funds to close – Find the buyer (C of transaction) to repay the third party. Location – prefer using your closing agent for all real estate closings – ease of paperwork – saves time, energy and money – closing agent that understands wholesaling deals – back to back closings, double closings – make sure the seller and buyer show up at different times (morning vs afternoon) Closing Costs – negotiable – Wire fees – Attorney fees – Tax Service Fee – Title Insurance – Title Examination Fee – Deed Preparation – Etc… – although two closings – A to B to C closing – should not have to pay two full sets of fees – be more flexible with seller side – buyers are more flexible with you Seller Closing – comes in afternoon to sign docs – seller does not need to know profit margin for wholesaler – draft a separate settlement statement Buyer Closing – prefer buyer closes first (morning) so can use their funds – separate settlement statement Getting Paid – wholesaler gets check for net difference between two transactions Real Estate closings are generally pretty straight forward for Real Estate Investors. Your main objective as a wholesaler is to make sure that the A and C side of the transaction go smoothly, and that all parties are happy; more your buyer than the seller. This may require your title company to creatively structure the paperwork, to you, creatively negotiating the deal. Just remember, never throw away a deal for a few dollars, eat the cost, make your money and get out. Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you’ll be automatically notified when we upload more quick video tips for you. Take care and good investing. Sponsors & Contributors New Jersey Real Estate Attorney Special thanks to Khorozian Law Group, LLC for their insight & help in editing this article. You can find their online profile here. This attorney has provided great legal info and we just wanted to send a shout out.
Investing in property can be a great way to achieve financial freedom or to put a little bit of extra money into your pocket. But when it comes to investing in property there are a lot of different strategies you can use to achieve success. No one particular strategy is THE way to go. You can achieve success through all of these strategies. So today I want to highlight 10 of the common real estate investment strategies that you can consider when it comes to deciding how you want to invest in property . What are they and what are the benefits of each individual strategy and what sort of person do you need to be to go about investing using these particular method? ——————————————- http://onproperty.com.au/138 – View the full transcription and audio version of this episode. http://onproperty.com.au/free – See real positive cash flow property listings
Corporate Housing Houston Galleria P. Manley of the Manley Management corporate housing company in Houston is the Go to guy to talk to when it comes to corporate housing options in the Galleria area.
Find out more what the outlook will be for residential and commercial properties, the upcoming hotspots to keep an eye on, as well as how global macro-economies will likely shape the real estate landscape in 2016
http://www.msternberg.com The Business Law Attorneys of Manfred Sternberg & Associates represent Real Estate Clients. We usually attempt to only work with the best attorney in any specific city, in any specific field. For instance, you might recall the article we wrote about the best truck accident lawyer in Houston…well we also wanted to do a quick article on the best real estate lawyer in our Rocket city. **(you should also view commercial truck accident video here.) Which is why we have featured the video above. We believe that any real estate transaction should be reviewed by a great lawyer. And the lawyers at Manfred Sternberg are our favorites.
real estate agent in the Houston heights http://www.manleyrealty.com/inner-loop-properties/houston-heights-homes-for-sale/ Call to list your home or see Houston Heights homes for sale. We have seen tremendous opportunity in the Houston Heights area. Many home buyers love the neighborhood because it has a great vibe, excellent nightlife, one of the best walking ratings in Houston, and excellent access to Houston’s business areas. Patrick and Donna Manley of Manley Realty Services, PLLC have specialized in Houston Inner Loop Real Estate for more than 20 years. If you are looking to purchase or sale a home in the Houston Heights, then you should give them a call at 713-256-1447. They can educate you on the market in the Heights and let you know where the local hot spots are. #houstonheightshomesforsale #houstonrealestate #manleyrealty #houstonheightsrealestateagent Manley Realty Services, PLLC 1711 Old Spanish Trail #421 Houston, TX 77054 (713) 256-1447 http://www.manleyrealty.com/ Find Us Online: https://www.youtube.com/c/Manleyrealty https://www.facebook.com/ManleyRealtyServices Tweets by dmanely8 https://www.linkedin.com/in/donnamanley1 https://about.me/DonnaManley http://intheloopproperties.weebly.com/ https://plus.google.com/+Manleyrealty/posts http://www.yelp.com/biz/manley-realty-services-pllc-houston http://www.bbb.org/houston/business-reviews/real-estate/manly-realty-services-pllc-in-houston-tx-90036608/ Manley Realty Services, PLLC can help you find your dream home in the Houston Heights. Whether you are looking for a town home, single family home, condo, or investment property…we can and will accommodate. We specialize in the Houston urban luxury lifestyle. You can learn more about Donna and Patrick Manley, Houston heights real estate agency here. Manley Realty Services can be found online in many different locations. They have a huge online footprint, and that is probably why so many people use them to buy a home in Houston. Why Specialize in the Heights? This area of Houston has seen tremendous growth in the last few years. Many real estate agents have chosen to build a nice client portfolio here. The Manley’s recognized all the potential in the Heights, and decided to become one of the top real estate agents in this area. Be sure to call Donna if you have a home for sale in this area, or if you’d like to buy a home in the Heights.
http://JoeCrumpBlog.com – Sign up for free real estate investing training with 25 year real estate veteran, Joe Crump. Learn how to build an automated, sustainable, profitable investing business with no down payments and no credit. Discover the most advanced automation software for investors available today at: http://www.PushButtonAutomarketer.com Learn how it will bring you a flood of motivated seller financed leads every single day. Six Month Mentor Program: http://www.ZeroDownInvesting.com Read the Transcript: “It’s been awhile. I’ve got two questions. Do you have an attorney contact either where you live or one who’s familiar with laws in other states, particularly Minnesota? I just need some peace of mind that I can protect my real estate license and know that I have an attorney who’s got my back if anything were to come up. I’ve been told over that our Commerce Department hates lease options with a passion, especially if you’re licensed because now they have something to go after and make an example of. However, I haven’t given up what you teach. The biggest thing they don’t like is the fact that we’re making a good amount of money up front from people who will likely never exercise their option.” – Ryan Dybeck Joe: First, let me say you’re also making money as an agent from people who are selling their property up front before they make any money on it, so if you sell to another investor who has not made any money yet and you make a commission on that deal and you make more commission than he makes as a profit, have you done something wrong? – no, of course not. Joe: It’s the same situation here – what you’re doing is facilitating a sale, you’re making sure everybody understands what’s going on, you’re disclosing all the problems to them which is one of the things that we have in the lease option agreement that we have everybody sign, so everybody understands what’s going on in the transaction so you’re not going to have this kind of blowback with the commission. Joe: Also, it’s very legal for a real estate agent to sell a property on a lease option. It’s done every day, all over the country in every state, every city and all over the world actually, so you’re not going to have a problem with that. Now, if you have any questions about lease options and how to do them, then what I would do, if you’re a real estate broker, is call your real estate board’s online broker. Joe: There’s going to be somebody on every board that you can call up (ours is called the LESA hotline) and we can call that attorney up and we can ask them questions as a broker (I’m a broker as well). ‘Is it legal if I do this? What’s the best way to do this to protect everybody? Do you have any suggestions on this? Would you suggest that I do it a little bit differently? Is there … Continue reading
Get FREE TRAINING here: http://www.strategicrealestatecoach.com/secrets?v=orgavyt Over the next couple days I’ll be teaching you all about how to Buy and Flip Government Foreclosures. And I’ll be using another real world case study at 242 Sandstone Ridge Way as my next Case Study. Check out this video of my initial walk thru of 242 Sandstone Ridge Way. My offer was accepted at 1,000 on Wednesday 10.30.13. I’m going to sell it for 0,000 • Buying It For 1,000 As A Government / HUD Foreclosure. • This House Was Listed On The MLS, Www.Hudhomestore.Com , Zillow.Com And Realtor.Com • It Was A Free And Clear Vacant House. • Repairs Are ,000 o New Deck o New Kitchen Appliances o New Landscaping o Couple New Windows o New Furnace And Duct Cleaning o Other Small Misc • I’m Going To Re-Sell It For 0,000 • In This Case Study You’ll See My Initial Walk Thru And Punch List. • Leaving Us Approximately ,500 PROFIT! • Our Goal Is To Make At Least ,000 On Every Property We Flip. Sandstone Ridge Way will easily hit that goal of ,000 PROFIT! Enjoy the initial walk thru and watch it all come together! Josh Subscribe to our Podcast: https://geo.itunes.apple.com/us/podcast/strategic-real-estate-investor/id570750792?mt=2 ************************************ STRATEGIC REAL ESTATE COACH is dedicated to giving real estate investors and agents the best, most up to date resources, training, tools, techniques, tips, videos, news, interviews and insider information on today’s best strategies and techniques for investing in real estate in today’s troubled market. This includes marketing for motivated seller leads, wholesaling, rehabs, rentals, foreclosures, pre-foreclosures, REO’s, short sales, raising funding and financing, asset protection, internet marketing, and much much more.
In the future, all political debates will be moderated by a DJ in a spaceship, and the debaters will sing and rap their way to glorious victory. Jimmy McMillan of The Rent Is Too Damn High Party demonstrates this utopian vision with a roaring rendition of his party’s eponymous theme. ORIGINAL VIDEO www.youtube.com/watch?v=x4o-TeMHys0 FOLLOW the Gregory Brothers for more remixes/songifications: http://www.youtube.com/autotunethenews Tweets by autotunethenews http://www.facebook.com/gregorybrothers 2ND CHANNEL www.youtube.com/thegregorybrothers SHIRTS www.districtlines.com/Auto-Tune-the-News Send us stuff! The Gregory Brothers 442-D Lorimer St. #102 Brooklyn, NY 11206-1030 CHORDS Verse: Gm, Ebmaj7, Dm7, Cm7, F Chorus: Bb, Gm, Bb, Ab7, Eb, C7/E, F, D7/F# 2 Damn High Bridge: Bb, C, Gm (rpt), Eb, F, Bb, Eb, F, Gm LYRICS I represent “The Rent is Too Damn High” Party. People working 8 hours a day, 40 hours a week – Some a third job – why? The rent is too damn high! The people I’m here to represent can’t afford to pay their rent. ‘Cause rent is too damn high! The people being laid off right now can’t eat breakfast, lunch, or dinner! Only a governor, like a father of a house can put everything in control. The bottom line is, the economic state of emergency is the way to go! To go, go, go, go! This will reduce the cost, you cut the rent down you cut the taxes down! To give business owners a chance to hire people! To give business owners a chance to hire people! That is it, nothing else to be said! End of subject, there’s nothing else to talk about. Some say, I’m a one issue candidate. But it all boils down to one thing! What? RENT! Is too damn high! The people I’m here to represent can’t afford to pay their rent. ‘Cause rent is too damn high! The people being laid off right now can’t eat breakfast, lunch, or dinner! Only a governor, like a father of a house can put everything in control. The bottom line is, the economic state of emergency is the way to go, The way to go! To go, go, go, go! Rent is too damn high! The rent is too damn high. (too damn high!) Rent is too DAMN high! The rent is too damn high. (too damn high!) Too damn high, too damn high, too damn high! Rent is too DAMN high! The rent is too damn high. Closing statement… As a karate expert, I will not talk about anyone up here. Listen! Someone’s child’s stomach just growled. Did you hear it? Did you did you hear it? Gotta listen like me. Because our children can’t afford to live anywhere. Once again, why? You said it – – – The rent is too damn high!