Archive
A reason why agents forget about investors Ashley and I saw something last month and again this month that we haven’t seen in a long time. While out door knocking on the pre-foreclosures, we saw realtor signs in front of some of the houses being foreclosed on. This happened a lot after the crash. Sellers would try to list their properties to get out from under a mortgage they...
Transactional versus relationship-based deals Real estate deals can be lumped into two basic categories. They are known as transaction-based and relationship-based. Transaction-based deals are the ones where you really don’t meet anyone in person. You buy these properties in places like auction sites, the MLS and foreclosure auctions. This deal type is attractive because, for the...
A big fat jacket Last week, we made an analogy between how you protected yourself from the elements as a kid when you played in the snow and how you should use that same logic to protect your assets. Both should be done in layers. We talked about layers commonly used to protect financial assets — things like corporations and how the corporate shield is a great line of defense from...
They think differently than we do Ashley and I were out knocking the pre-foreclosure doors in Whitfield county yesterday. While we were there, we had an interesting experience that I would like to tell you about. The first couple of houses we went to were your normal $125-140k house in nice neighborhoods. I say “normal” because that’s the price range that the average person lives...
Just get it in writing I met with a seller recently who had a beautiful house in the Sonoraville area of Gordon County. When I say beautiful, I mean it. This house was immaculately kept and well maintained. The seller was getting ready to move into an assisted living faculty and needed top dollar to provide for those accommodations for the remainder of her life. Realizing...