Jonathan RexfordFL

Okay...I am going to play the side of having a VA. I am in the process of putting a training together for another business that I have for someone working the phones. Strictly inbound calls. It is not rocket science to have someone fill out a lead sheet or a property questionair. Now, I am going to be paying between 2.10-2.45 per hour for this work and it is more complicated information. So even if you do it part time, it would be a help.

Lynn, I don't. This is a presentation that I am working on. When I approach a seller I am always working as an investor unless it is a property, I don't want to buy. But I will always show them the cost of sale. It really doesn't matter if it is an investor or real estate agent. The costs are about the same. Sure investors say we can save 6% but in all reality, we cannot as we need to get a discount to be involved. There are some inherient costs when working with the deals. Lease Options are just some of them.

bti, This data is just general data from Final list price as stated. I am sure that numbers are a little different if. Data went back to newly listed/sold prices.

I am creating a side by side comparison: Looking to compare selling a house as a real estate agent vs selling as an investor Here is what I have come up with so far. Of course the list can change and be modified. We are averaging in my market place 5 months on market and final list/sold is about 91.65% on average...then loading up another 3% closing and commission and then you are down to 82%. So why not we use this as investors to our advantage in some marketing. Give me some ideas and let's get a list going. Conventional: •List for 180 days•Lose equity each month•Reduce price•Wait for picky buyer•Do repairs CREATIVE: •List for 4 weeks•Get a higher price•Don’t have to reduce price•More buyers•Do not need repairs

Junior, With the marketing that you are doing are you letting them know they are calling your Voice Mail? My reasoning is this, that you will get a lot of people to call and only hang up. Plus if you go with the VM systems that charge you on a per minute or 6 second interval it can be a waist of money. When I had my Mortgage Brokerage Business I used VM/PBX systems for Realtors and FSBO's. We could describe each program in detail in a 3-5 minute drop. But we saw a lot of hang ups early on. But when we said FREE 24HR recording. Only the people who wanted to listen called. With that being said. I don't have one for Lease Option. But the FLYER in the course would be a good bullet point start. HTH

Well, I have decided to bail on this whole idea. Energy waisted. Thanks for the fun.

Well the witch hit me again. I wonder how she does it. Because you just can't do it with one person doing it. We got her's off but it took all of you doing it. She got mine off and now she has hers....lol. http://treasure.craigslist.org/hab/2353227479.html I am not afraid of the competition. It is just that she is a pain in my side for now.

Yep...thanks. I am sure she will be back on in a few hours and mine will be deleted. If it wasn't the fact that I am trying to help diabetics in our area I would not be as mad as I am. I mean I get realtors flagging my ads all the time. But this is just nonsense. I think I will leave it alone. I am going to look into having some ads posted by someone else though. Just one more thing less to worry about.

If you can get more than 3 people to flag then it is off. I suspect that this is what she is doing. I for one am not a one for flagging. But here are her ads. I just had mine done again today. I am going to look at having someone to post. Because I do work in other markets with the Test Strip Business. Regards, http://treasure.craigslist.org/wan/2344574090.html http://treasure.craigslist.org/hab/2340762848.html

I have been running a few ads on CL for some time. Some for my real estate business and the other for our Diabetic Distribution business. For some reason, I will place an ad for the Diabetic biz and within a day it gets flagged. Yet someone in my area keeps there ad going. I want to go out and hire a bunch of FLAGGERS and nail this lady to the wall. As I am sure it is her. Do you think I am waisting time and energy? My prices are more than hers. But she is just a thorn that needs to be pulled.

You forgot about an entire industry here..... Flipping pancakes Flipping hamburgers Flipping pizza

I LIKE YOUR WEBSITE,HOW CAN I GET ONE LIKE THAT. http://www.supersmartwebprofits.com

I do what John does. We keep all data on my website. I send them the property list each time we have a new property. With lease option buyers they have a short fuse to buy. They will either find a home to lease option or go back to renting.

About 10 years ago I was marketing a subdivision pretty hard. I noticed several homes were with First Union. I did some research on several of them and low and behold they had Agreement for Deed buyers in the property. Looking at the timeline it was part of the S/L fallout in the early 90's. So that part may come back.

I belong to several mastermind groups. One is that a group of us meet about once per quarter (use to) at a geographic location to talk about what is working, what is not, and what kind of problems we are having in our business. I also have another accountability group where 4 of us are on the phone and we chat about an hour. Similar as before. Remember that mastermind groups should be small and have a direction, otherwise they will fail from the start. This board is a mastermind group in away, but you have the ability to converse with several people all over the country.

Kyle, I have not used them. But have talked to them. Services seem super good and they are also a member of the BBB

Check out Clear Now.com they have a system

I focus on one thing: MARKETING Everything else is just a by product. If the deal warrants a techinque then reach in tool bag and pull it out. But without marketing, all the tools in the world will not work.

Call him up at 2:30am and ask if his house is in Foreclosure........ then after he says...... HUH? Say GOOD NIGHT!

Sounds like to me it was a 13 and probably is a payout schedule of her homestead property via other debts. Once it is out of BK then she can do anything. Until then everything must go through the trustee now of course run everything by your attorney.

Since agreements for deed still require judicial foreclosure (at 8-10 months on average right now they're running way behind the statutory 5-month timeframe) in Florida, how are you selling that to the owner and getting their notarized signature on the necessary documents? My agreement for deeds are not recorded. I have never had an issue.

Steve, I don't think it is a problem. I just know how to deal with it. I don't want a seller to come back and offer to bite my head off because of a buyer not paying a mortgage. But my standard lease option/Agreement for deed agreement is just that. My option has a provision for agreement for deed built into the agreement.

Convert the option to a Purchase and Sale agreement. Bring in a realtor to list the property. Hire a negotiator to work the short sale on your side and let the realtors sell the home. When everything lines up go to closing and cash your check. Now there are a few things in the middle you need to work out.

Awesome man....now come to Florida and do it to two of my homes.....

Jonathan, I am still working on my spin of doing Pure Options for sellers who are Ok with doing "Owner Financing." So you are looking to do a contact for deed in your scenario? What I am finding is that with a contract for deed it is really no different than a Lease Option and if the deal goes south you may have to go through the foreclosure process as compared to an eviction. My goal in doing Pure Options this way is to get the buyer to refi and cash out the seller down the road by increasing the interest rate each year. But I am not sure if a contract for deed is the way to go should the buyer go to get a refi or maybe it is. I know I will need to do some kind of recording at the court house too. ...don't mean to high jack the thread Steve, Everything works until you get in front of a judge. But in our state of Florida more than likely it will require a judicial foreclosure unless you do a contract for the beneficial interest of a trust. Which moves the property from REAL property to personal property. Which at that time you can file a U9 article of forfeiture. Think of it as a REPO like a car. Steve, if I own a home myself I will most of the time offer owner financing at the end of a lease option.