‘Sell Posts’ Archives
Should You Sell Your Property Yourself?
When selling a property you have an option of listing it yourself or hiring a Realtor to sell it for you. What should you do? Unless you have someone in your office to do it for you, or a good network of investors, I wouldn't recommend selling it yourself. Find a good Realtor. A good Realtor will be able to help you price it right and will be [...]
How To Get Full Asking Price When You Sell
Whenever I have an investment that I am trying to sell I always try and get full asking price. To do this you have to be dealing with motivated buyers. For example, when trying to sell my Lease Options, the price is always set at the start of the contract so the asking price is predetermined. Buy what if the asking price (option price) is [...]
Don’t Sell. Refinance.
The Best Selling Strategy May Be Not to Sell. When looking to sell one of your rentals properties you should look at t the reasons for selling. Sometimes, the best strategy is not to sell but to refinance instead. Presumably you got into Real Estate Investing to make money and that you decided the way to go is to buy rental properties and to [...]
What Price Should I List My Property For?
Market price and maybe less. When trying to sell a property, you should pick your price based on you goals. If you are trying to sell a property to get cash for another investment then you want to set an aggressive price. Sometimes the amount of money lost in the price is not as bad as the lost opportunity on another investment. The first [...]
How to Sell Your Investment
Use A Realtor. Eventually, you may want to sell your Real Estate Investment. Of course, this will depend on the investment you own and the exit strategy you chose when you acquired your investment in the first place. For example, if you are working with referrals or assignments, they already have a built in exit strategy. You are looking at [...]
Don’t Focus On The Sale
Focus on activities instead. When people first start out in Real Estate Investing, they tend to focus on how many deals they can make. Sometimes, it may take a long time before a deal actually happens. Plus there are a lot of things that need to be done before a deal will happen. What I like to do is set goals for the activities that are [...]
Discount Partnership Profits
Make Money By Buying Out Your Partner Whenever I acquire Real Estate I always look at bringing in partners or investors. They help provide additional funding that I can leverage and increase my return on investments. One of the ways I can increase the return for my investors is by offering them my share of the partnership at a discount. [...]
Everyone Is In Sales
You Are Always SellingWhether you like it or not, we are all in sales. We start at an early age trying to "sell" our ideas and our wants. You are always trying to convince people to do the things that you want done. Sales is everywhere in Real Estate Investing. Whenever you are dealing with people and you are trying to convince them to do [...]
What If Appreciation Doesn’t Happen for Your Lease Option
Lease Option Property Appraised Low One of the questions I get asked a lot from my students is “what if the property is not worth what we thought it would be worth?”When you setup the Lease Option Agreements, you are expecting that your Tenant Buyer will buy your property at the end of 3 years (or even sooner). We work with them to ensure they [...]
