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 is
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
It happens to most of us when we finally muster up the courage to call motivated sellers…
Your knees get weak.
Your palms get sweaty.
And don’t even get me started about the ball in the back of your throat and your voice cracking!
The majority of real estate investors share one common trait: fear of calling motivated sellers.
I’ll bet you a kangaroo you’ve had one.. two.. or all of these thoughts running through your mind:
- What if they ask me a question to which I don’t know the answer?
- How do I convince them to sell me their house