Everything Else

Great little tool

I have been rewatching the videos on here: http://www.totalviewrealestate.com/ I have gone back and realize some great tidbits in these videos. Find it, lock it up and sell it videos are a must see! This link is always on DG on the left hand column under student Resources and under REal estate Analysis System.

A newbies guide to real estate investing

A Newbie’s Manual to Real Estate Investing Techniques
You have to first decide your financial objectives if you should be considering purchasing real estate to create cash and long term income. Do you commit to investing for your youngsters’ college account, or maybe you want to create fast-cash or lastly, develop long-term funds for your pension? You have to choose which kind of investing technique works for you personally when you decide your economic objectives. Below are some very general ideas to stimulate your appetite for investing in real estate.

Research on Properties being Considered

I am researching the properties I am considering, but I feel like there should be a "Process" for doing this. By "this", I mean locating current owner, determining if property is in foreclosure, auction, already been sold, etc. If any of these things have happened recently it may not have been undated yet in the real property database search information. Can anyone give me a step-by-step guide to researching a property?

Also, does everyone here use the TotalView for the FMV and comparable information or some other site like Zillow and how accurate are these sites?

Last question -- it was suggested that I also determine what the REO amount would be to help with determining the purchase offer. How do I determine what the REO amount would be?

The Quickest and most accurate method to determine current owner?

I have found that the owner shown on the real property database (with State)) does not necessarily show the current owner. For instance, I had been trying to contact an owner that was listed on real property database and I contacted them via facebook, but never received a response. I passed the property again only to find that now there was a notice on the door indicating the property had been abandoned. I called the number and found that the property had been foreclosed on. Another property I located now had a an auction sign on it.

Are there any specific steps that I should take in my property research that will allow me to get the most current owner information initially if there has been a recent change that is not yet showing up in the real property database?

Auction Properties

Can anyone tell me the process for auction properties? I actually saw a property that I was considering, but when I went back to it today there was an auction sign posted. The auction is not until October.

This property looks more like an abandoned property. It is a total rehab that has been sitting for a long time. How do these properties get to auction? Does the city take them over? Is there any chance of getting such a property under wholesaler control if the city is doing the auctioning?

Thanks

Does anyone have their own RE License

I have a quick question:

Has anyone here gone their RE license?
I would like to get mine so I can go to see houses without asking a realtor to show them to me + have access to certain things I'd need a realtor for.

I understand the concept of having other people doing the work for you while you're attending more important things, but I just have a feeling that I would do really well between having my RE Investing business and working for a RE firm. Besides, there are tons of connections to be made.

What do you guys think? Anyone thought of this? Do you see a downside to this?

Sara

Free Software

Free software for professional presentations to present to your buyers, lenders, or for bank loans. https://tvallc.isrefer.com/go/RehabLite/reigirl/

Interview Questions Needed

I need to interview real estate CPAs and Title attorneys. Does anyone have any scripts or questionnaires for these two power team members.

Thanks

How to Obtain Real Estate CPA and Title Attorney?

I want to search for a real estate CPA with experience in what we do as investors, specifically wholesaling but I don't want to use the high priced big company ones. Does anyone have any suggestions on how I can locate ones that work with investors that aren't going to take me to the bank! Can anyone provide referrals.

I also need recommendations for a Title company that have attorneys that will do both sides of the closing.

Thanks

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