We all need somewhere to live, and we almost always have to pay for it. The classified ads are showing more properties listed as Rent To Own, or R2O. There are a lot of stories and rumors about R2O; if you look at real situations, you will often find that using rent to own to purchase a mobile home makes good sense. In our local paper recently, there were almost as many rent to own ads for mobile homes as there were ads for mobile homes for rent. When I went to look at three homes from each category (all within about a mile of each other), the R2O homes looked just a little bit better (more curb appeal) than the simple rental properties.
Everything Else
THREE distinct benefits of R20
October 31st, 2014 | posted by Jay SthilaireThree Distinct Benefits of a Rent to Own Home:
The present state of the economy has forced lenders to change their lending policies. This makes it extremely difficult for some people to qualify for a home loan. This is the primary reason why many are searching for alternatives when it comes to buying their dream home.
This sort of arrangement works well with those who are new to the housing market or have made a job transition. It also is an optimistic approach for anyone who needs to strengthen his/her credit or pay off an obligation to succeed for a home purchase.
THREE QUESTIONS TO ASK A POTENTIAL PROPERTY MANAGER
October 30th, 2014 | posted by Jay Sthilaire# 1- DO YOU DO A CRIMINAL BACKGROUND CHECK ??
if they say yes then ask -what website do you use ?
#2-how much does it cost to check credit scores ??
#3-DO you charge for a house if it goes vacant ??
These are just a few important questions to ask and you want to be thorough as this may be your next A PLAYER property manager !!!
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- by Jay Sthilaire
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QUICK TIP ON FINDING Real estate attorney
October 30th, 2014 | posted by Jay Sthilaire1- go to yp.com this is actually yellow pages
Several pages of real estate attorneys will come up
Start with the last page and work your way forward. We like to work with the smaller attorneys so we get personalized service and more flexibility.
Overcome your FEAR and take some action. If you do not start to overcome your fears then you will be in your same situation next yr and every year after. Grab life by the horns !!!!
Be accountable
October 29th, 2014 | posted by reinvestor42Use a daily planner and keep yourself accountable for what you did or did not do.
Schedule yourself and write down everything you do!!
Follow the steps, learn and study, step by step.
If your parents/husbands/wife or family are not Doctors or Lawyers or rich and you don't have big time financial backing, you Can learn HERE, HOW to make it in REI.
Take this education and better your life!
Learn to RUN the NUMBERS! This makes or breaks deals. See tools below.
It takes Time and Committment.
You will NOT regret it!
You'll start out learning wholesale,buyers list, fix/flips, pricing, market values,rehab/repair cost and rental rates.
Insider Elite Questions
October 29th, 2014 | posted by insidernotesInsider Elite Questions
I am making this a post forum topic for those in or considering joining Insider Elite.
I can not find the number to reach billing department of I.E. website. Does anyone have it to share?
Brokering Without a License
October 15th, 2014 | posted by seonaidI was discussing wholesaling with a “mentor” and he mentioned that you do not need cash buyers to do wholesaling and in fact if you do have a cash buyers list and you are not licensed you are illegally working as a broker. Well I have always heard that in wholesaling you must have cash buyers because you will not be able to wholesale a deal to a buyer getting bank loans etc.
Developing your mindset
October 14th, 2014 | posted by Jay SthilaireWhat does it take to consistently stay on the path of learning and implementing what you learn here on DG ??
Are there really people on here that TRUELY help others?
October 9th, 2014 | posted by joolsIts been a while getting on here. I had been doing other projects that has nothing to do with real estate. But my projects are really slow. I want to return to the DG community. I did complete the success acadamy, went to an expensive siminar back in 2011. I havent made my first deal yet. At that time I had a roommate which allowed me to save up to pay for these books and siminars. But, he gave me my 30 days to vacate cause he was getting married. Now it is really hard to start back. I realy learned a lot and like the procedures and classes. But there is a HUGE problem. Some of the books Ive read, siminars, and success acadamy coareses Ive learned, assumes that you have a car, internet connection, access to money, and have a mon thru fri. and off weekend kind of work schedule.
30 Days - are those rules applicable in Poland?
October 3rd, 2014 | posted by MichalFranczykHi
I started reading free 30days ebook on how to make first real estate money in 30 days following Dean's rules.
I got confused on part suggesting finding out buyers list from my local real estate agent. I haven't heard that here in Polish market ( I am from Poland ) you can get buyers list for my local real estate market. As a matter of fact I believe we have regulations firbidding personal information release, especially those relating buying and selling real estate.
Can you please help me with resolving this issue before I go on.
Thanks
Michal
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- by MichalFranczyk
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