Archive for May, 2013

There are innumerable issues that can be caught in a forensic audit and used to argue either that a title is clouded or a foreclosure proceeding is improper.  Here’s a list of nine common problems that may lead to a positive outcome for a homeowner doing legal battle with a lender or servicer: An individual [...]
When writing killer copy for an ad, there are several components that need to be addressed. The first of these is to grab the reader’s attention. If you don’t get the reader’s attention immediately, you will lose them. You need to remember that the average person is bombarded with hundreds of advertising pieces per day [...]
Going through a Foreclosure action and losing your home is a very stressful situation for anyone.  Until you walk in those shoes yourself, it’s hard for an Investor or Realtor to understand what a Seller is facing in their day to day life.  I would like to share how a Seller feels during this process [...]
Years ago I learned appraisers and other property valuation folks use three methods to build a value for a piece of property. The sales comparable or market approach basically look at what comparable properties sell for, the cost approach looks at what it would cost to build the property, and the income approach considers the [...]
Lack of Knowledge Many people make mistakes due to a lack of understanding of the governing rules. This article covers two of the most common mistakes. Understanding these rules can help you grow your self-directed IRA without fear of losing out to avoidable errors. Violating Once-Per Year IRA-To-IRA Rollover Rule You have two options when [...]
When a tenant is in default, many landlords face a common question: whether pursuing their tenant for a money judgment is worth the extra time and expense.   All experienced landlords know that they can quickly evict a tenant.  However, the extra effort to obtain a money judgment[1] and even more effort to collect on that [...]

Working With Brokers and Agents

Posted on May 31, 2013 by
“What’s the best way to find deals?” This is the number one question I get asked by my real estate students. The answer is in the title. Most people new to the real estate business these days are looking for a “magic bullet” system that will bring them all the good deals they can handle. [...]
Managed by Alexandra Spollen and based in Acworth Georgia, Georgia Home Deals is a full service investment property wholesaler, retailer, property management and lease purchase company.  Alexandra has 20 years experience as a loan officer and is well suited to assist with full service property acquisition related transactions. They are well connected to the investment community [...]

Error On Line XX?

Posted on May 31, 2013 by
It is the goal of this column to answer questions about QuickBooks and how it is used in the REI arena. Know how to record transactions in the proper way and have your set of books in good shape when it comes time for taxes. It is our intention to do this by you the [...]

To Sign or Not to Sign

Posted on May 31, 2013 by
Over the years, it has become easier and easier to identify a motivated seller. As an active real estate investor you will run across plenty of, what I like to call, price checker. These sellers have no motivation to sell but will sell for the right price. The problem is the right price to these [...]