List Of Ways to Legally Deny a Prospective Rental Applicant. Post 233

past due

Coach Mitch’s REFLECTIONS™   Warning: Check with a lawyer These days, to prosper in the landlording business, we must have a legal and effective method of approving or to deny a tenant applicant. The list below is my personal opinion. Check with an attorney before doing anything. Laws change constantly, and what you don’t know […] . . .

Read More: List Of Ways to Legally Deny a Prospective Rental Applicant. Post 233

Credit Repair for Real Estate Investors. Post 232

IDTheft

Coach Mitch’s REFLECTIONS™   Credit Repair Many wanna-be real estate investors see credit repair as a way to solve their credit issues because bad credit interferes with their ability to get regular loans, hard money loans or private financing. There are very real things we can do to demand that our credit report is accurate. […] . . .

Read More: Credit Repair for Real Estate Investors. Post 232

To Flip OR Not To Flip? Post 231

ForSaleForRent

Coach Mitch’s REFLECTIONS™   The best real estate investing conversations Experienced real estate investors offer terrific input. They have a body of experience that I can learn from. When I share my own experiences from the past; since enough time has elapsed, I will often be able to have additional insight into the situation. In […] . . .

Read More: To Flip OR Not To Flip? Post 231

Easy Conversation Makes Sales Not Scripts. Post 230

knock on door2

Coach Mitch’s REFLECTIONS™ When speaking with clients I always steer the talk to sales. I find that having an easy conversation with a tax delinquent makes sales, not following some script. Clients or wanna-be clients always ask: “How quick can I do a deal?” or “How many deals can I do in a month?” The answer […] . . .

Read More: Easy Conversation Makes Sales Not Scripts. Post 230

How Real Estate Investors can use Realtors. Post 228


Coach Mitch’s REFLECTIONS™ According to realtors, the Multiple Listing Service, MLS, is nothing less than the G-d like vehicle that will sell your property. There is some justification to this claim as, according to realtors, some 80%-90% of property sales are made with the help of the MLS. That is pretty good. Anytime that you […] . . .

Read More: How Real Estate Investors can use Realtors. Post 228

Satisfy the seller #1. Post 223


Coach Mitch’s REFLECTIONS™ In order to satisfy a seller, I was asked by a student how to put together a transaction when the tax delinquent owner wants to stay in the home. The typical property I encourage students to seek are those properties with no liens or small liens, i.e. mortgages, judgements, etc. In this manner, […] . . .

Read More: Satisfy the seller #1. Post 223

Decide to Overcome Fear and Do Real Estate Investing. Post 222


Coach Mitch’s REFLECTIONS™ Editor’s Note: I speak with quite a few REI wannabe’s who would love nothing better than to be successful real estate investors. They see a real estate related TV program or listen to a REI guru’s presentation and see themselves doing the same thing, that is to say: find a great deal […] . . .

Read More: Decide to Overcome Fear and Do Real Estate Investing. Post 222

Tax Lien and Tax Deed Investing versus a J.O.B. = Just Over Broke Post 221


Coach Mitch’s REFLECTIONS™ In every subject, business or endeavor, there are varying levels of information, levels of expertise, levels of creativity, and levels of accomplishment. I will loosely label them as Good, Better and Best. I will explain why I think that tax lien and tax deed investing is the BEST of the BEST! When […] . . .

Read More: Tax Lien and Tax Deed Investing versus a J.O.B. = Just Over Broke Post 221

To do rentals or to not do rentals, that is the question? Post 220


Coach Mitch’s REFLECTIONS™   In a recent forum discussion within MrLandlord.com the topic was: Who won’t you rent to… ? Question: Other than the obvious (can’t afford, eviction history) are there any groups/career fields you won’t rent to? And why? There were lots of answers, here’s a list. 1. Property manager 2. Military 3. Parents of […] . . .

Read More: To do rentals or to not do rentals, that is the question? Post 220

Coach Mitch's Lease/Option with Rehab. Post 219


Coach Mitch’s REFLECTIONS™ Editor’s Note Recently, a new student got his first property. He got his list, mailed a few letters and one response he got back was from a desperate seller just prior to the tax auction. This highly motivated tax delinquent seller said, “Just take the property.” The student gave her $1 for […] . . .

Read More: Coach Mitch’s Lease/Option with Rehab. Post 219