Marketing to Buyers and Sellers

Dealing with Real Estate Agents
by Bill Bronchick

The real estate agents have a valuable source of potential deals for the real estate investor - the Multiple Listing Service. Unfortunately, real estate agents have a monopoly on this information, so they may be a necessary part of an investor’s game plan.

As part of Obama's stimulus package there was written into a tax credit for Geo Thermal heat pumps. (View attachment)

30% of cost to install including labor and ductwork. If you have a large apartment complex the potential for tax credit is virtually unlimited. This could be a great way to increase the value of your property and keep you utility bills at a minimum. Great potential for cash flow properties.

Anyone from the West Virginia area want too work together??? I am a newbie and trying it all by myself and I am kinda lost lol but willing and wanting to try.

I have a property under contract that I have a few options on. It is a short sale that MUST close before April 9th. Here is an ad I just placed on Craigslist. I would like to know what you see as the pros and cons of such an offer. My thought was it may build me an immediate buyers list of people qualified for this price range and location. Also, it may be the incentive someone needs to take the plunge. Also, while it could bite me in the butt, I feel that it is safer than offering a home warrantee, because I would be out nothing if I have to buy it back.

What do you think??

What do you say to buyers when you're using the new system to build buyers lists, and you don't yet have any properties under contract? I feel like a big fat liar, and horribly unprofessional to boot, now that I'm getting responses from the ads I'm placing, but I don't have anything to show them.

How do you respond so that you don't sound like a total newbie fraud?

Thanks!

Tracey R.

What do you say to buyers when you're using the new system to build buyers lists, and you don't yet have any properties under contract? I feel like a big fat liar, and horribly unprofessional to boot, now that I'm getting responses from the ads I'm placing, but I don't have anything to show them.

How do you respond so that you don't sound like a total newbie fraud?

Thanks!

Tracey R.

Hi,

My Name is Gerard, and I would like to know how to determine what market is all the local, regional and national factors in?

Also, are there websites to go to, that can help determine the factor cycles?

such as ,job Growth, Migration, Path of development, new construction...

Also for , interest rates, inflation, flow of funds, business cycles, cataclysmic events...

Please help me, I need some guidance...
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I recently spoke to my mortgage broker about this, and he said that a recent Maryland law as well as FHA/VA regulations do not allow this, but I wanted to know if anyone heard whether it is true or not. I was wondering if it was possible to do assignments of property once I buy a property from a seller, and then assign it to a 3rd party buyer (as long as I had a separate agreement to be paid a fee by the 3rd party buyer). Is this now banned?

Ok, so I just put my first add on craigslist looking for buyers and sellers. I am not sure if I did it right, but I haven't gotten my call back from the Academy yet and I have to do something.

My question is this. I am really nervous because I just put an ad up and I don't have a plan after that. Does anyone know where there are some Buyer / Seller First Contact scripts? It doesn't even have to be a script, just the specific questions that I need to ask to get them prequalified or to find out if it is a deal I may want.

Any other tips from this point would be greatly appreciated!

HOW TO BUY APARTMENT BUILDINGS WITH NOTHING DOWN
by Peter Conti

In order to buy apartment buildings with nothing down, you’ll need to take three steps. Step one is the same as buying a nice home with nothing down -- you’ll need to find a motivated seller who will be open to your creative offer.

Step One -- Find a Motivated Seller

We heard about Carrie from a real estate agent named Tim whom we had established a relationship with. Tim was out fishing for listings when he found a 24 unit apartment building owned by a gal named Carrie who needed some help.