Dealing in benefits, the story continues

Dealing in benefits, the story continues   Last week we talked about a seller I encountered who was in a precarious position. ( You can read that blog here) She was thousands of dollars behind on her mortgage and in active foreclosure. She was older and couldn’t afford to take care of the house physically or financially.   When we left off last week, we were sitting outside with the…

Dealing in benefits

Dealing in benefits   I was out door knocking recently, and I came across a seller in a precarious position. You see, she was thousands of dollars behind on her mortgage, she was older and the house was too much for her to take care of. Oh, and she was two and half weeks away from being foreclosed on.   When I first knocked on her door, she admitted she…

King me

King me   The other day, I was having some alone time with my 8-year-old, and he wanted to play a game of checkers. As we got the game out, which was one of those nice wooden ones, I noticed that we didn’t have all of the wood playing pieces.   My son looked at me sheepishly and confessed that he had lost some of them. But he told me…

Buying out-of-state property

Buying out-of-state property   We are selling a house right now, and it’s not a normal situation for us. It’s not a flip or a rental property. Instead, it’s the house my Grandmother owned until she passed in 2013.   There are some people who are cool with buying and owning property all over the world and back. But that idea is scary to me. I like having properties I…

Steady wins the race

Steady wins the race   During a recent walk with my kids, my first-born was showing out on his roller blades and my daughter was rolling around on a three-wheeled scooter. As we were walking and talking, the story of the tortoise and the hare got brought up.   Now I don’t know about you, but when I think about that story I don’t see a book of Aesop’s Fables….

Choosing the right agent

Choosing the right agent   Choosing the right real estate agent is something that’s important when buying — and especially when selling — real estate. This is because agents aren’t one-size-fits-all for every deal. And finding out what an agent is good at, and where they are located will help you determine whether or not you should hire them.   Let me explain.     Not all agents work in…

Be very careful right now

Be very careful right now   You may not know this, but we lost the very first real estate investment deal I was ever a part of to foreclosure. How’s that for a credential?   It wasn’t a house we had bought to flip or rent out. It was a house my family was building to live in for a few years and then sell to bolster my parent’s retirement….

Controlled chaos

Controlled chaos   Sometimes, things are just hectic. In the real estate world, however, I think you have to accept that things are constantly going to come up and alter your plans. You’ll have to succumb to the fact that you will be living a life of controlled chaos at work.   Take this morning for instance.   I got through with my workout and went to go see V…

One-sided

One-sided   This week I got a call from an agent to go look at a potential deal. It was a 5-bedroom/ 3-bath house with over 3,000 square feet located in a very desirable area priced at only $100,000. When you see deals like that, you stop what you are doing and get to the house as soon as humanly possible.   It wasn’t hard to spot which house I…

$2 in the tank

$2 in the tank   This morning’s workout was exceptionally difficult for me — yet it was not an exceptionally difficult workout. I just had no energy. You know, most of the time you get a second wind when you’re working out. But for me this morning, I never caught my first wind.   It’s kind of weird, too. I ate well yesterday. I went to bed on time, and…