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When You Are Struggling to get Your Letters to Motivated Sellers

23. May 2010

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One of my clients was struggling with getting a with getting and mailer out to a list of motivated sellers. He came to me for help. I found that the the list he was using was a good list it. It was a list of sellers who have a high likelihood that [...]

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Should You Assume a Loan When Buying Real Estate?

7. March 2010

76 Comments

Question: Scott, I am looking at a house for sale by owner and the home is assessed by the county assessor at $50,000, the owner said to me, if you qualify you can assume my payments, she owns $30,000. Does that matter to the lending institution if I assume the loan and rent [...]

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Part 3: Price is NOT the most important factor in a No Money Down deal

9. January 2010

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Part 1: The Three Keys to Every Profitable No-Money Down Deal Part 2: If You Can’t Get Your Money Back in 6 to 12 Months, Why Do the Deal? There are some sellers that you need [...]

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Successful Investor Trait #3: Creative Techniques to Put Deals Together

30. December 2009

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This is the third blog post in the series about the three top traits of Successful real estate investors.

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Where Should I look for Cash Flow Properties?

23. December 2009

6 Comments

Question: “I’m starting to feel overwhelmed about exactly where to look for houses. Should I just look all over the city so I don’t miss out on any hot neighborhoods? Is it better to focus in a particular neighborhood?” Answer: “I feel your pain. It’s not easy to decide exactly [...]

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Should a beginning investor buy a multi-unit property?

16. November 2009

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Question: “What is your feeling about multiplexes for someone just starting out? Answer: “I think for people that are starting out in general, I would recommend single family homes. The advantage of multi-unit properties is you can hopefully buy it for less money per unit than you would have to pay for a [...]

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Is now a good time to buy rental properties?

13. November 2009

35 Comments

Question: “Is now a good time to buy rental properties? How do you see the real estate market? Answer: “To answer that, I’d like you to take a look this video of Steve Jobs in a 1984 video launching the Apple Macintosh. I love the memories that came up of actually using the Mac [...]

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