When I was answering a question about private lenders recently from a newer investor that I’m mentoring, I was reminded of something…
Of how easy it can be for those early in the game to misunderstand the value of what they bring to the table in the investor-private lender relationship.
Many investors overlook or mistakenly downplay that value in their own mind and end up being way too generous or give up the farm when borrowing money from private lenders.
But, the moment you realize the big value proposition that you’re inviting private lenders to participate in, is the moment
Today, I’ve got some really potent advice and thoughts on the fundamentals of real estate investing.
You see, without this fundamental and getting your mind wrapped around this idea I’m about to share, you’ll likely fall flat short when you set out to accomplish your investing goals.
I feel very strongly about this idea and hope you’ll embrace it the same way I have — which does involve thinking a little differently.
Let’s Get To It…
So, one of the things people ask me when they discover that I’m involved in such a breadth of real estate investing endeavors
I’m here today with the answer to a question I get pretty frequently about sellers in bankruptcy:
“Can I buy a motivated seller’s property if they’ve recently filed bankruptcy?”
So, I often get asked this question because in our Motivated Seller Data Feed, bankruptcy is one of the filters users can select as a type of motivated seller. And frankly, with the coming wave of foreclosures, this is the perfect time to prepare for dealing with sellers in bankruptcy. So, it’s a great question.
In other words, if a homeowner files for bankruptcy, can they sell
Estimating repairs is a subject that sometimes paralyzes many investors – and it shouldn’t!
While it certainly is an important part of the deal-making process, estimating repairs to determine the best possible offer on your deals will be a snap once you get the hang of it.
To help you, today, we’re going to break down and follow the methodology that Cam Dunlap presents at his training events because let me tell you… it works!
One of the keys to this simple but powerful methodology is what we call the “Condition Multiplier Method” when estimating repairs which categorizes the houses