AMPinvestor

moneynfast, is this name for your business? If it is and you don't mind my two cents here it is. I believe that having the words real estate investor sometimes scares people, especially the ones not away of what we do. Again this is my opinion and in saying that my co. name is AMP homes. I am usually pretty creative with my ideas, so if you want a name that contains investor in it. Let me know and I will help anyway I can. Shane

Here's my situation, I put up bandit signs and the city called my number demanding I take them down. Of course I complied with there demands and asked them what the deal was. They preached that this type of advertisement in the right of way, caused the community to look run down. I listened for a while (10-15 minutes) then asked them why I always see signs posted for many other advertising reasons. They then replied that If I wanted to post my signs I could for $15.00/ sign. I guess that $15.00 would help them see the right of way as clean and presented at that point. Anyway, I want the methods of advertisement that has worked for all of you. I am working on a web sight. It is not the web sight that brings them in, I agree the web sight is definite. But there has to be something that brings them to me. So if you could please let me in on any successful advertisement that has worked for you, I would appreciate it. Shane

Joseph_44 if you don't mind my two cents, I will ad it. If I understand you correctly, you are asking why have a person set to move in then do a credit check or back ground check. If this is correct, I will respond by saying that doing it this way will save you money buy doing needless checks on people. Also you have to remember, a good portion of the people who will be entering into a lease option with you will not have the best credit (by no means does this mean all t/b have bad credit) and you are no disqualifying them by pulling their credit and finding out it's bad. This only let's you know where they are credit wise and where they need to be in the future to get this mortgage down the road. But should something happen that they don't qualify for the mortgage down the road. Oh well you get to do the money making process all over again. I hope this helps and I hope I understood you question correctly. Shane

I do appreciate the contact, unfortunetly Skokie is not a little far for me. Thank you though. Shane

I have a 401k plan that is just sitting in my old account where I used to work. I would like some feed back as to some good non taxable ways to get it out or invest it. Thanks, Shane

I was wondering if I can get some feed back as to which incoming voice mail script has worked the best for some people. I am looking for the one, when sellers call in. I have a stand alone v/m box so that the seller doesn't have to feel like he/she is going to speak with a quote, unquote sales person but instead a voice mail that describes the biz. Thanks, Shane

Once again option8 your insight is appreciated.

Has anyone ever called a potential seller out of the For Sale By owner ad in their local paper? Only to see the same sellers ad two or three weeks later, now reading For sale with option to buy, etc. I was wondering if there would be a script to get our point across but not give to much info. as to what we what we do. To avoid the copycat seller.

I have a house that I purchase for $15,500.00 and is worth approx. 35-40k. I want to refinance it and take the money and reinvest.They lender wants me to take about 7% apr. (for going stated) pay about $2300.00 closing costs with a three year prepay.I would like some insight and suggestions. I was thinking of doing the deal asking for a higher interest rate to lower closing costs. And if the prepay is 3% the first year it will be 2% then 1%. At this rate 3% is $900.00 and it wouldn't be to much of a hit to pay the prepay in the even I should find an out right buyer, I will more than likely L/O it. I now look to the wise people of my investor forum for help in a creative manner that will befit me most. Thanks guys/gals. Shane

Thanks for the web sights, I will check them out and let you know how they worked out for me. Shane

Mike, thanks for the response as always your input is appreciated and respected. Iwas wondering if there are any good fsbo and frbo research sights that may be universal to location. I feel as though I am beating a unbeatable path. I make my calls and network etc. I am know trying to market through setting up a web sight and street signs. Any information is greatly appreciated. Shane. "It's in your moment of decision, that your destiny is shaped"

I have a deal on the table to where the home owners has enticed a lease option, but is listed with a realtor. This deal is through a local realtor (listing realtor) who has been trying to set me up with lease option deals.He wants first and last months plus $3,000.00 option. Totalling $5200.00 Market is $130,000.00, he would entice a three year offer for $130,000.if he gets his $5200.00, is able to let his lawyer look over the contracts and he mentioned putting a clause in the contract stating that if rent is late the property would default back to him. This is the realtor saying all this and I haven't even met the owner. I countered to the realtor that I wasn't to interested in the $5200.00 option, but was interested in the other elements of the equation less the clause. If I might add this is about 25 minutes out of my farm land. What recomendations can I get One last thing these realtors are diligently working to give me opportunities they just keep having stipulations and other things that make their offers not so attractive.

I can't quite remember where you were located but I have a friend in the N.W. suburbs of Chi. that owns a successful office solutions co. and He may be able to help. Just a little FYI, I am not into knocking people or co. But I purchased the HP all in one 5150 for my home office and it did not scan well with font under twelve. Also there customer support was aweful. I got is from Best Buy and they were no better. I won't bore you with the details but if you're interested I would be more than happy to put you in contact. Hope this help. Shane "It's in your moment of decision, that your destiny is shaped."

I hope you don't mind my two cents. I like the ad fine. Something I chose to do in my ad is multiple colors, comforting and welcoming colors to give the eyes something to look at. I think Mike C. made good mention about the verbage. I also am not sure if are codes are an issue by you but by us they are inperative. I also chose to incorporate a decal and slogan on all my adds. This is the factor that sticks in the mind like that commercial you saw on tv and said how the hell did this get on tv. But the message worked it made you remember it. Hope this helps. "just a little short of two cents" Shane

I would like to thank those who provided me information regarding web designers (namely, option8) I have a gentlemen named Eric R. doing a websight for me right now that is so unbelievably incredible. He has done Miller Genuine Draft and Pillsbury just to name a few. And here's the kicker, he's affordable. thewebspot.com is his sight. Now all I need to do is get me web sight finished and learn how to optimize my advertising it.If anyone is interested contact me or Eric. so you will get the proper treatment. Hope this helps. Shane

Option8, I currently have quite a few realtors working for me. In the way that they give me there stale and soon to expire listings. I don't know of any current non expiring listings. There is a way to list that a lot of people are unaware of and this is when the contract states that if they listing realtor sells it then they get paid and if the owner sells the realtor gets nothing. Obviously the realtor don't advertise this on there bill boards. The way Mike.C mentioned is an excellent idea (asking them to cancel themselves) I also have a form that will alow 90-95 % of sellers out of there contracts with realtors.It's a letter of disinterest that makes it in the best interest of the realtor to release the obligation of the listing.Hope this helps, Shane

Tony, I've found that the one year lease is most beneficial in all the ways everyone has mentioned. At the end of the first year, if they are quote unquote model tenants, then you can extend them. You may also up there monthly rent, charge them an extension fee (watch the extension fee, so as they understand it's not part of there option)be sure to tear up the first lease and rewrite the second one. With the proper docs and recording, equitable title is something you shouldn't have to worry about.Hope this helps. Shane

mamasanta, this CREOnline sight your referred to has been around for quite some time and was founded by two very successful investors named, Peter Conti and David Finkel. I am a part of there program as well but by far I enjoy the naked-investor much more and Mike C. is much more open and interactive than Peter and David. This is not to take away from or boust anyones status. It's just giving you information that I happen to know about personally. Happy Investing. Shane

Joe, I would like to say congradulations you're human. I to suffered from the fear of age when meeting with potention landlord/sellers. I am a wee young lad and I look even younger but my presence is not young by any means. I approach people in a knowledgible, mature manner and don't even flinch at the idea of age being a factor. But to the part where you can eliminate the age factor. If age should for some odd reason be brought into the picture. Here's something you can say to the seller. In a shy, flattered way say "Oh, thank you very much I get that alot. Unfortunately I am older than I look". Just as I danced around telling you my age in this whole MSG. You to can dance around the age factor. Another thing I found that has worked for me and others. Is to dummy up, what I mean is if they ask your age. Respond to them something like this. "Good question, why do you ask". Say it in a nurturing manner so it's not as though you're answering a question with a question. HAPPY INVESTING

I have a 2-3 BR,1Ba. full base. w/huge fenced yard,1.5 Car.Ga. Cen air. For sale, will concider lease option. It's in the west end of Rockford in Chicago IL.

I would like to hear from any property owners from the North West Suburbs of Chicago. I am interested in hearing about any property you have, whether it's for lease, rent, sale etc.I also compensate for refurals leading to a deal.

I would like to know the places where people have had the most success placing flyers? I have ran into, no responses, turn downs for placing them in certain establishments, etc. One of the biggest problems that I have is, I have tenant buyers (seemed to have mastered that advertising) but not getting to enough motivated sellers. I ran ads, search the papers and the internet. It isn't enough. Let me know what you guys have had some success with. Thanks

I would like some insight as to what documents are being used by others, so I can ad any I may not be using at this time. I am looking to be safe as opposed to sorry. I would also like to have contact from any investors from the N.W. suburbs of Chicago. Thanks