I’m off today from BMW and Kathy and I are getting ready to check out some bank-owned apartment buildings but something occurred to me while I was looking for these bank-owned properties on the MLS………..
Yeah folks…..EXPIRED LISTINGS for apartment buildings. Can you say duh? As I’ve been having discussions with myself, and [...]
I’ve decided to spend my apartment hunting time finding motivated apartment building owners. Why not? I ask myself. I mean seriously I’ve been involved in real estate for 11 years now and every deal that I’ve ever done whether it was a mobile home deal, a rehab deal, a wholesale deal, sub2 [...]
I did the numbers on a few properties Kathy and I seen the other day with a broker. I told the broker what I was thinking 1.2 Mil on the 36 unit property, which they are asking 1.8 Mil and he said, “did you mean 1.2 Mil for the other property cause that’s do-able?” [...]
I have a lot happening lately, which is good, of course, but unfortunately I haven’t closed on an apartment building deal yet. Patience I know…and I have found out they may take a wee bit longer then your typical single family deal.
I’m being a tad bit impatient though because I really don’t want to [...]
So I believe I told you that I was meeting with PokerBob (the sub-deacon) and his wife as potential private money lenders. Well I did my very first private money presentation for them and I think it went fairly well. I felt pretty comfortable with it.
Bob and his wife Coleen are pretty intelligent [...]
Private Money Lenders and finding them is generally a big deal for most, if not all investors. We all want to know “how do we get the private money lenders?” Right? Because if we have the private money lenders then we have access to cash and we can make more cash [...]
Ok so here is the Fax Back Page Form that I promised you. I think it’s a pretty cool idea and it makes a whole lot of sense since people well, apparently, don’t like to talk to people on the phone (and yes, this includes people who want to sell their properties.) Go [...]
So we’re still receiving calls from our direct mail campaign that went out in January looking for apartment buildings to buy. Remember tho, a lot were smaller units, etc. so I had to fix the campaign?
Well yesterday I got another call! So that’s 12 calls from 255 pieces of direct mail. It’s [...]
Are you wondering what my direct mail response rate has to do with $34,317.01? Well at this point in time..Nothing. That 34k figure was how much it cost for me to be in the hospital from Feb. 6th at 7pm to Feb. 9th at about noon. Crazy, huh?
I’m certainly [...]
So you know I’m working on my direct mail list to buy apartment buildings. Right? Well my first direct mail list, where I did sent out the first batch of mailings, as it turns out I screwed up the list. One of the counties that I was looking in broke down the [...]
