Charles's Blog

49  Broker LeverageWhen purchasing listed real estate, you can save money by buying with a friendly real estate broker.  Ask the broker to contribute their commission toward property repairs in exchange for a percentage of your cash flow or equity profit in the short term.Notes:  This tip is not ...

48  Over-FinanceNeed cash for repairs?  Consider over-financing.  If the Seller needs $100,000, write the contract for $125,000 with an addendum requiring the Seller to reimburse $25,000 to you at closing for repairs.  It's borrowed money, but it's green!It is important to to collect the over-fin...

47  Equity PartnershipBorrowing money at a set interest rate is cheaper, but when funds are tight a partner can be an alternative to going into debt.  Package your real estate opportunity by creating a detailed investment proposal offering a 20, 30, or 40% equity interest in the short-term transa...

Real estate really is a very exciting and profitable business with many options for those who practice making offers, and considering all their options.Real Estate agents and Investors leave commission and profits on the table by not negotiating when the time calls for negotiating.  Some fail to ...

46  Installment Down PaymentWhen funds are tight, control property with a contract of sale and pay the down payment in installments over a period of time.  Lease or option the property while making the down payment installments.  This arrangement is also known as an interest-free or principal-onl...

Question:Possible Short Sale Deal Advice Needed  If the owner has little or no equity then it is a possible candidate for a short sale. What you offer the bank is dependent on a number of things. What are you going to do once you own it, sell it, rent it, or live in it? If you are going to resale...

Question: Cash Back at ClosingMy buyer wants cash back at closing to renovate the property, which is fine by me because he's willing to pay me the difference in my tax liability. My question is how do I correctly and LEGALLY write it up into the purchase agreement so that I'm not committing fraud...

Question:  Contract of sale formDoes anyone have or know where I can get a California Residential Real Estate Sale Contract? Thanks in advance. -MikeResponse:  Mike, what is a California Residential Real Estate Sales Contract?  I would think a contract of sales is dependent upon the person author...

Hundreds of FREE Leads and getting paid for them!Conduct a real estate seminar.  The purpose of the seminar is to train people to become LOCATORS for you as an agent or investor.I have a powerful PowerPoint on how to become a real estate locator.  I charge $100.00 for the seminar.  This fee is 10...

Free, Free, Free - Now - Now - Now - Free  Leads :1. Free leads if you can afford to buy a local newspaper!  They are called FSBOs!2. Free leads if you can afford a postage stamp and a phone call!3. Free leads if you have to ability to WALK AND TALK#1 - Call FSBOs from the newspaper - get to the ...