The world of real estate investing is full of “do this” or “don’t do that”, but do you ever wonder whether you should be doing deals with institutional versus private motivated sellers?
After all, it’s always good to have options!
People ask me all the time if I focus on deals that are primarily with private sellers or institutional sellers. And then, the inevitable next question—which is BETTER?
My answer: well…I actually do a mix.
I do a lot of HUD and bank foreclosure deals and of course they are institutional seller. Made an offer on one just this morning in fact.
But…my Vacant House Data Feed provides me with access to constantly updated motivated sellers as well (both private and bank owned). It’s a great tool that allows you to search for thousands of vacant homes in any location across the country. Try it out for yourself
Who, or what is, Dodd-Frank?
Well, you probably know all too well what the Dodd-Frank Act is and how it impacts your business. But for those of you whose bells aren’t ringing, or perhaps you need some clarification… here’s a refresher.
What is the Dodd-Frank Wall Street Reform and Consumer Protection Act?
The Dodd-Frank Act is a massive piece of financial reform legislation passed by the Obama Administration in 2010, and is the result of the 2008 financial crisis (a.k.a. The Crash).
The Act is named after U.S. Senator Christopher J. Dodd and U.S. Representative Barney Frank, and its purpose is to decrease certain risks in our country’s financial systems. Various government agencies oversee different components of the Act and banking systems.
It’s no surprise that Dodd-Frank has been widely criticized…
Some say it has done more harm than good, creating higher unemployment rates, lower wages and slower growth in