seller: Falling Values and Obsolete Appraisals - 05/23/08 03:50 PM
If you're looking at properties on a fairly regular basis, I'll guarantee you've heard the following line in the past 6 months:
"We have an appraisal from [insert date here] for $[insert amount here]."
Stop. Write it down. What was the date they told you? If it's anything other than the … (3 comments)
seller: Tuesday’s Tip #55: Think a Little - 04/22/08 08:45 PM
I've watched numerous deals close and numerous deals fall apart. They come, and they go. It's reality.
The hard part of the reality is when people make stupid decisions. It's difficult to watch it happen. It's even more tough to see a deal crumble as decision makers listen to people with … (1 comments)
seller: Losing Equity? Think Rentals - 03/21/08 12:21 PM
Foreclosures are up significantly these days, and it's killing you and me. Americans are losing an incredible amount of equity as houses all around their own are losing value like crazy. The market is flooded with desperate sellers and limited financing options, while few buyers are willing to brave the market. … (4 comments)
seller: Tuesday's Tip #45: Do Your Research - 02/12/08 04:52 PM
In our current economy and real estate market, sellers are more anxious than ever. They aren't always desperate, but they are nervous.
This means very good things for investors. As we've talked about before, creative financing is abundant. When sellers are in a bind, you're likely to find more options than … (1 comments)
seller: Tuesday’s Tip #42: Establishing Value - 11/21/07 03:41 PM
I’m constantly impressed with the changes happening in the business environment these days. We’re seeing changes in the way companies market themselves, in the ways salesmen move products, and even in the ways CEO’s communicate to the public and their employees. But, why?
I believe there are numerous reasons, but most … (1 comments)
seller: Tuesday’s Tip #40: Investor Financing Options - 11/06/07 09:22 PM
The bad news is endless these days. The economy is rough, lenders are suffering, the US dollar is fading, and foreclosures are abounding. Pick up a paper, turn on the news, or read online and you're bound to find it. The reality is frustrating, but it's still reality.
The good news … (0 comments)
seller: Tuesday’s Tip #38: Set Your Property Apart - 10/23/07 09:46 PM
What makes Apple customers go back to them over and over again? Is it the genius bar? Is it the user-friendly systems? Is it how trendy it all is? All of the above?
What about BD’s Mongolian BBQ? Is it the shirts that say “We do it on a grill.”? Is … (1 comments)
seller: Tuesday's Tip #27 - 08/07/07 09:57 PM
As a birddog and a realtor, I spend an incredible amount of time on the phone with sellers of investment real estate here in Indianapolis. I sort through so much garbage in a day’s time, it is unreal. As I’ve said repeatedly, everyone’s got an “investment property for sale”, but no … (2 comments)
seller: Tuesday's Tip #25 - 07/24/07 10:42 PM
The more I work in investment real estate, the more I realize how important it is to learn how to negotiate. There is no scientific approach to it. There is no “Negotiators To-Do List” or any hard and fast way to approach it that will work for every person. Negotiating is … (4 comments)
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If you're looking at properties on a fairly regular basis, I'll guarantee you've heard the following line in the past 6 months:
