Tag Archives for " legalwiz "

From Contract through Closing – "ATM"

Once you have your property under contract, you can proceed towards closing.  Three things need to happen before you can close. First, the buyer’s lender must produce the funds. Second, your mortgage, or any other lien on the title, needs to be paid off. Third, once the title is clear, you can take the final step […]

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60 Days to Your First Bargain Purchase

Coaching

Finding good real estate deals is an art that takes time to master. Like any business, customers are what drive it. Your primary customer is the seller who is motivated to sell below market value. Finding motivated sellers requires advertising, marketing, salesmanship, and, like any business, keeping your nose to the ground. Nothing happens and […]

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What Investing Strategies Should I Employ as a Real Estate Investor? Here are 7 Considerations.

As an experienced real estate investor, from time to time you have to give some thought and effort as to what types of investing strategies you will likely employ in your investing business in order to be most successful. As a beginning investor, you may not yet have developed a “feel” for what types of […]

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Are You a Victim of Procrastination in Your Personal and Business Life?

Let’s face it. Even the most ambitious of us sometimes faces the procrastination “demon” from time to time. Call it “Spring Fever”, “Summer Malaise”, The Winter Doldrums” or any other name- it’s all the same.  For most of us, it’s a temporary state and sometimes indicates that we need to slow down a bit and get […]

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7 Quick Tips for Overcoming Procrastination and Feeling of Being Overwhelmed

Start with one or two things. Once those are working choose another project and begin work on it. Start an idea journal. Use a pocket notebook or voice recorder feature on your smartphone.  Transcribe the ideas to the appropriate area (ie. Marketing Ideas) at the same time each day.  Strive for balance. Accept that you can’t […]

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Getting Real Estate Leads by Using the Internet

In order to keep up with the times and technology, the serious real estate investor should consider using the internet as part of their marketing arsenal. There are literally dozens of ways in order to accomplish this on the internet. I’m going to cover 10 ways (which is just scratching the surface) in order to […]

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Equity Sharing Arrangements

If you are low on cash or have cash and are low on time, a partnership or equity–sharing arrangement may be for you. Using partners to finance real estate transaction is the classic form of using “OPM” (other people’s money). Experienced investors are always willing to put up money to be a partner in a […]

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How to Save Up to 90% on Title Insurance

Land Trusts

If you have ever bought or sold real estate, you have probably paid for title insurance. What exactly is title insurance? Why do we need it? How can I save money on title insurance? These are common questions asked by real estate investors, both rehabbers, and landlords. Whenever title passes, the seller usually gives a deed […]

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What Can I Do if a Tenant Abandons My Property?

Have you ever had a tenant leave in the middle of the night or the middle of an eviction? Did you ever wonder what to do when the tenant abandons the property? Basically, when a tenant abandons the property, you do not need to file an eviction or wait for the sheriff. You can change the […]

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Master Lease Option for Apartment Building Strategy

Why buy an apartment building when you can RENT one?  If you are buying an apartment building with the intent of improving and flipping it within a few years, the Master Lease Option for Apartment Building Strategy may be the way to go.  Instead of going under contract, raising the down payment through syndication, and […]

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