Archive
Seek out great Agents The other day, a young agent contacted me about a deal down in Cartersville. It was a great deal, and since the agent brought it to my attention, I made my offer through him. As I was going through the paperwork, I noticed something called an “Exclusive Buyer Brokerage Agreement.” Be careful of these. As this particular document stated, “the buyer hereby...
Using A “Handyman Special” Option Have you ever experienced buyer’s remorse after purchasing a property that needed too much work? If you haven’t, count yourself blessed. One time we bought a home that needed a ton of work. When we started pursuing the deal, I lived 15 minutes away; I was full of vigor and ready to knock out so major rehab. A year later, when we finally made it...
What are your options? When you hear the word option in real estate, you probably think of a lease-option strategy. This is where you lease a house to a tenant buyer with bumpy credit. You call them a tenant buyer because they’re renting your house with the hope of buying it from you in the near future. That’s where the option comes in. You sell them the option to purchase the...
Make an offer! Pete Fortunato tells a great story about an offer he made. He looked at the house, ran the numbers and gave the homeowner a written offer at a price he could afford. The homeowner reviewed it and said, “I can’t believe you would make me an offer like this. It just offends me.” Pete’s response is what’s so epic. He asked the guy if the house had indeed been on...
Patience: We’re currently flipping a house down in Cartersville and part of the rehab design includes new kitchen cabinets. Now, we don’t normally do cabinets so I didn’t know who to turn to. I got some recommendations for local cabinet makers and got a few bids on the project. After I picked my jaw up off the floor, I made my way over to one of the two major home improvement...