Blogs

BLOG WOW! lol

Hey, I just noticed this new blog space we were given. I wonder how long it's been here? Laughing out loud My first blog post weeeeeeeeeeeeeeeeeeee!!! Tee hee

question? looking for help finding tenant forms

Is there a downloadable pre occupancy building condition check list for available. Thanks in advance!!

Robert

I'M SO EXCITED!

I watched Dean's 1st Rock Bottom Blueprint video today and I can't wait until the next one. Dean really put's things into perspective so that I can understand. This is something I have wanted to do for a long time and with Dean's help I finally feel that I can really do this! Smiling

Thanks Dean!

Keely

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"You have failed only when you quit trying. Until then, you're still in the act of progression. So, never quit trying and you'll never be a failure.

Appraisal

I've got a scenario I'd like some input on.

I've got a guy who's selling an 8 unit (efficiencies and 1 br's; fully rented) building with a small semi-detached cafe/deli that he is currently running.

The rents are pulling in $4300/mo. He's asking $450,000 for the property. He paid in the $130s for it in 2007. He re-wired the whole property and renovated the 8 units.

I asked when was his last appraisal and he said he's never had it appraised. I asked where he came up with the 450 number. He said he was just sorta "guessing because of what the rents are bringing in". OK, dude!! (is what I thought!!)

My question is, can I ask him if he minds me getting an appraisal on the property before I move forward? I'd rather pay $300 for an appraisal than over pay by $150,000!!!

FYI

SAN FRANCISCO -- Reluctant to engage in social media? Wary of sharing too much of your real estate data? Camera-shy? Get over it -- a successful real estate business plan puts the consumer, not the agent, at the center, said several speakers at this week's Agent Reboot event in San Francisco.

"The consumer does not care how many awards you have on your business card. They couldn't care less that you're No. 1 since 1987 in your service area. They care about the service you're going to provide. It's a consumer-centric era," said Sherry Chris, CEO of Better Homes and Gardens Real Estate.

"The consumer is king. Case closed. Period. There is no going back."

activity

Today I meet with an appraiser and an RE investor/agent I'm working with on short selling a property my sister and I owned. ( I am no longer on title or note ) This is old business I need to finish up.

I met the agent at an REI club here in San Diego. She's smart, aggressive and really gets the investor strategies.

I also chose her because she has a cash buyer who is eating up properties and he wants this house. the house sits two blocks from major university here in San Diego, SDSU. So, today should get this ball rolling faster. Hoping the cash offer will move this a bit quicker. We'll see.

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