lhenley

I'm just wondering...how many of you are doing CA Lease Options ONLY, vs using CA's as another tool in your belt? For me, there's this huge temptation to try to be all things to all people. I find myself being one of those "Jack of all trades, and master of none." Anyone else have this problem? If so, how do you stay focused? Lynn (FL)

John, One "guru" out there tells you to get an option on upper-end properties for $10, then do a round-robin type auction to sell. That's too bad. The tar balls are gone, so come on down. Lynn (FL)

John, So, are you saying, I should try and get an option on every condo I can get my hands on? Lynn (FL)

Somewhere between 15-25. Lynn (FL)

Just sent via PM. Lynn (FL)

Michael Q, OK, how do you text a Yellow Letter? Lynn (FL)

Excellent information. Thanks John. Lynn (FL)

Daro, Welcome aboard. You can use Michael's 2nd email as a phone script, with a few changes. Lynn (FL)

Each MLS system is different, here in MA we have MLSPIN and one of the "Tools" is the public record lookup, where you can pull up the tax info really easily. If it's not available through the MLS theres usually one or two tax assessment database companies in an area where you can pull the info up for different towns in an area. I don't know how it is in FL but I can't imagine it being much different... Here, there is a link directly to the county property information in the expired listing my agent sends me, but you then have to manually copy the owner's information to your spreadsheet/database. Lynn (FL)

John, Your lady goes through the listings and match them to the tax rolls one at a time, matching the address with the sellers name and mailing address? Can this be done directly via the MLS? Lynn (FL)

What is a "Mary" letter? Can you send me a sample? Lynn (FL)

Time flies when you're having fun. Lynn (FL)

Michael, Are you saying old leads can be like wine, and get better over time? Lynn (FL)

Because of the holidays (and other reasons...ugh...excuses), I have gotten behind on my mailings to MLS expireds. My agent friend has continued to send them to me each week, so I'm about 6 weeks behind in contacting them. I know some of these have probably relisted, and some may have actually sold, so my question is how old is to old? I also know that a listing that has expired is a prime canidate for our program, so should I just go ahead and mail to these older leads anyway? Thanks, Lynn (FL)

The way I understand it, if a bank takes over, THEY are responsible for paying the HOA fees. Lynn (FL)

My parents used to own a condo here on the gulf coast. They sold it when the HOA fees went to $1,000 per month. Lynn (FL)

Yes sir... Happy Birthday, Adam. Lynn (FL)

Politicians and most real estate investing guru's ... present company excluded. Lynn (FL)

"If you sound like you know what you're talking about, people will believe you." Lynn (FL)

Yep, she's the one. Amazing how a $1,000 course will change your mind. She's also now telling everyone doing CA's that you should be a real estate agent, so you won't be accused of brokering without a license. Lynn (FL)

Just starting out, what is a good Free or inexpensive way to market my properties online. I'd like to be able to upload pictures, and possibly have a online form tenant/buyers can fill out. Any good ideas or suggestions? Can this be done thru a free blog page? Thanks, Lynn (FL)

As I mentioned earlier, I know you shouldn't need partners if you're just doing a CA, but there may be times when you find a SLO, and you need some funds to get it put together. One of the "guru's" has this as part of their course. (I won't mention names, but you can probably figure out who she is.) Lynn (FL)

I'm just asking if anyone has ever done this. Lynn (FL)

I know that you really don't need a partner do to a CA, but has anyone ever used a partner for a SLO? If so, what sort of agreement did you have? Thanks, Lynn (FL)

In another forum, someone posted that a mortgage broker he talked to mentioned that the FHA will no longer accept the 3 ½ percent down because it is a Tenant/Landlord relationship. He said that late last year, new laws went into affect that referred the Tenant/Landlord relationship as an “identity of interest”. This person also stated that he had done some searching on the web, and that it looks like this doesn’t apply as long as the Tenants live in the home for at least 6 months. Has anyone else heard of this? Thanks, Lynn (FL)