The expanding quantity of ‘For Sale by Owner’ websites (FSBO), offering internet-primarily based marketing to those who wish to sell home privately, shows how well-liked Private Residence Sales is becoming. I was able to talk one particular investor into letting me location his $19,900 3/two listing in Memphis beneath non-exclusive selection and see about flipping it or helping him sell it. He was willing to owner finance the house which provides me a ton of alternatives! My home is clean, but when promoting a home you do want to hold it spotless almost everything should be clean and smelling excellent and freshened up. Counter tops are cleared and products are put away.
We three coaches (Lorena Gerlach, Jason Schubert, and myself) have tackled properties in Las Vegas, San Diego, Orlando, Austin, and Dallas with good results in either closing bargains, raising private funds, or networking ourselves into the communities for offers after we leave. The owner can set their own schedule for showings and can openly negotiate with a possible buyer without the hassle of sending paperwork back and forth.
I decided that I was going to drive down Friday morning to view the properties with him and assist execute some of the phone calls and due diligence and inspection of the properties to gauge interest along with becoming able to come back to my San Francisco investor with much better numbers. I completed up my day by scheduling to view each San Antonio properties on Day 3.
I ought to be meeting Blake later along with answering a handful of telephone calls and emails, but I am satisfied with Day 7. I’ll be heading to Dallas tomorrow to operate with Lorena on the 22 owner financed properties along with attending a tax lien seminar Monday by way of Wednesday where I will have the chance to network with hopefully very a few investors.
Day 7 Wrap Up: $60k in private funds raised, 1 owner financed purchaser, and a single possible wholesale/rehab 4 plex in Houston. I anticipate to get a lot of my calls that I left to hard money lenders returned later in the week so I’m setting myself up to have a heavy week on the backend which is what I am seeking for because I’m house now rather of heading to Dallas. This can come about only if you as a home owner decide to list your home as for sale by owner in MLS listing. We got so sick of realtors with this property we ultimately just place it in the paper ourselves. I will have more projects accessible that I am at the moment evaluating in the Houston area.