Our organization is to advertise your actual estate or house for sale by owner (FSBO) to as a lot of prospective purchasers as attainable. We sold our second residence via the realtor, but by the time the buyer attempted to spend $10,000.00 significantly less we were so mad at every thing which happened we stated No, take it or leave it at this price” They took it even even though they tried to con us into much more stuff later. I talked with my investor, David Meier, who is helping me complete some due diligence on the 288 units in Houston. Make it clear to the realtor to leave a note or one particular of her cards letting you know they had been in your home.
We three coaches (Lorena Gerlach, Jason Schubert, and myself) have tackled properties in Las Vegas, San Diego, Orlando, Austin, and Dallas with achievement in either closing bargains, raising private funds, or networking ourselves into the communities for bargains right after we leave. The owner can set their own schedule for showings and can openly negotiate with a prospective purchaser with no the hassle of sending paperwork back and forth.
I produced a Postlets ad to attact Joint Venture/Private Investors in the Houston market. The other investor was interested in my sub to deal in San Antonio in case it turned out to be some thing that I wouldn’t want. My LinkedIn e mail also resulted in two investors from San Antonio contacting me. A single had a burnout deal that wasn’t to bad of a rehab that they were hunting to dump.
She told me about ten properties in the Dallas market place that she had just gotten in that the seller was willing to owner finance with 10% down. We genuinely had been too nice and in no way complained when we need to have with the 1st house. I also got a telephone call from a nearby investor who saw my Craigslist ad who had a quite decent topic to deal in North San Antonio exactly where it was worth around $75K with a remaining balance of $54K.
Day 7 Wrap Up: $60k in private funds raised, 1 owner financed buyer, and a single prospective wholesale/rehab 4 plex in Houston. I count on to get a lot of my calls that I left to tough income lenders returned later in the week so I am setting myself up to have a heavy week on the backend which is what I’m looking for considering that I am house now as an alternative of heading to Dallas. This can happen only if you as a home owner make a decision to list your residence as for sale by owner in MLS listing. We got so sick of realtors with this home we lastly just place it in the paper ourselves. I will have a lot more projects offered that I am at the moment evaluating in the Houston location.