Take a look at this amazing podcast I just did with Mitch Stephen. Finding the deals is the most important part of your real estate investing business and on this info packed podcast we covered lots of great ideas to find the most highly motivated sellers no one else knows about…..check it out!!
Here are the results from our latest driving for dollars this last weekend so far.
Out of the 10 possible vacant houses we found, 3 of them turned out to be real possibilities. I sent letters to all of them and called 2 of the ones I could easily find phone numbers for.
I got a call back tonight from one of them. He emailed photos over for me to look at and I am going to see the home tomorrow. From the photos I already have a lot of my rehab list done, just a few things I need to check on and I will be making an offer on this one. It’s in a neighborhood that I really like and already own four others.
When you are driving for dollars make sure you do it in the evening or on the weekend because that’s when a larger number of folks are at home. It’s an easy way to sort out the ones that aren’t vacant houses.
For all the information you need on finding all the deals you need for your real estate investing business check out my website at www.marketingmagiclady.com
So with closings coming up the first of the week, I want to remind you again that you need to really scrutinize your HUDs before closing on the purchase or sale of a property. I found several mistakes on the HUD on the sale of a property we close on first of next week. Total amount of errors was over $4,200!! On the sale of a property you need to check to make sure that payoffs are correct, that per diem items like taxes are correct and that the realtor fees are correct. Then double check title fees and doc stamp fees, recording and insurance costs if there are any. It’s a lot more difficult to correct an error after closing than before a closing!! I haven’t seen the HUD yet on our other closing.
When you are at the closing table be sure to check addresses and spelling on the Warantee Deed and other documents and make sure the Tax Id number is correct on the 1099 that will be submitted to IRS.
These are all items that need to be checked to ensure a successful closing. For all the information you need on finding more deals for your real estate investing business be sure and check out my website at www.marketingmagiclady.com While you are there be sure and sign up for my FREE monthly newsletter!!
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There is only ONE! So grab your copy now!!! Regular price of the system is $1,497.00!! It is on sale on my website at $1,197.00 so this truly is a one time special offer!!! And you still get support from me along with your investment!!!