In mid Feb 2013 we will be in the middle of relocating to the Spokane area.
Our intent in to settle there for the next 20?? yrs.
Will concentrate on rent to own, and wholesaling for now.
What do I do?
A. I find discounted homes for cash buyers to renovate/up grade living standards.
B. We help sellers of unsellable properties sell to challenged buyers.
C. Work with lenders/investors.
Jay C
Opinions, Facts, Rumors, for the Inland Northwest, Spokane to Coeur d'Alene
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Sunday, January 6, 2013
Tuesday, November 13, 2012
Real Estate Courses
I've been at this Real Estate game for a while an run
into a number of courses by a variety of promoters. I’ve investigated a number of them. Bought to many that
were not something I could do because of my lack of believe in it or myself or my internal sense
of what is ethical .
(Note: My first business job required knocking on doors collecting payments and repossessing cars & refrigerators so I'm not shy.)
(Note: My first business job required knocking on doors collecting payments and repossessing cars & refrigerators so I'm not shy.)
My current search was for a way to come up with more buyer –
seller leads without my letter to X owners being the 15th they
received this year.It begin with another “deal” ”course” out of Tampa
Florida Seemed OK (90%) cheaper than
the courses 1 or 2 years ago but would
it really be the answer?
I wanted something that would solve the immediate problem
and leap frog me over the next 3 or 4
hurdles/obstacles I would probable run into. However the course preview did reinforce that without a buyers or sellers list you don't have an operational business.
Rejected that guy's limited product and returned to the web.
There’s a course. BUT it’s not logical to me. It was about being involved with
Arbitrage. How to do it and all the
forms (of course not approved in my
state so more $$ later to be paid to a lawyer later.) OK arbitrage sounds cool but did not state training included how to get the funds to perform the
arbitrage with. So I’d be back to the problem of no list of active sellers,
no list of active buyers and no source of funds when I need them.
Success?? Believe I found my course and a Business Plan to
Success. This course basically covers
all I was looking for. Comes
recommended by a source I’ve read, followed for years. ((Susan Lassiter-Lyons
Founder of Investor Insights Real Estate Club Denver, CO ))
The course not taken. Only within the course's promotional site did I find a recommendation - testimony about how great it was. “Bigger Pockets” had someone asking about it months ago but no comments from anyone taking the course. The FB ad for it..the forwarder had no knowledge of the product. The only good news was that there were no scam reports about it..
Founder of Investor Insights Real Estate Club Denver, CO ))
The course not taken. Only within the course's promotional site did I find a recommendation - testimony about how great it was. “Bigger Pockets” had someone asking about it months ago but no comments from anyone taking the course. The FB ad for it..the forwarder had no knowledge of the product. The only good news was that there were no scam reports about it..
Nov 2012 Jay C
Friday, October 26, 2012
Badges & Licensing
Upon reviewing last nights blog posting I must ad that my intent was to make you aware that just because someone has a badge, or a license to do something doesn't insure they are ethical, a shining example of there profession, or that they are following the law, are actually there to help your best interests.
I believe the Ronald Reagan philosophy should be followed : (to paraphrase ) Offer to believe them but VERIFY all of it.
Jay C
I believe the Ronald Reagan philosophy should be followed : (to paraphrase ) Offer to believe them but VERIFY all of it.
Jay C
Thursday, October 25, 2012
Why Do Wholesale ?
I spent the time and energy, passed the test as a WA state licenses Real Estate Broker to why do wholesale?
1. I didn't like the monthly overhead of an agency.
2. My goal as an investor is to provide great housing for the mass while making a profit.
3. I seek to represent myself and not be a taxi service for someone who will end up buying from their uncle.
4.Unethical people will find ways to appear upholders of the law while using smoke and mirrors to hid what there really doing. So someone hiding behind the "I'm a licensed ..." is like the story I learned 30 years ago:
Any one telling you "I'm just an old country boy and we stick by the truth around here" they are actually saying I'M SLY AS A FOX AND NEED CONSTANT WATCHING.
I guess car dealers have better lawyers or legislative lobbyist than real estate agency do because when you buy a car does the car seller have someone else step into the deal saying I represent you mister buyer not the dealership/seller and I'm here to help only you?
So much for tonight rant. Happy trails to you.
1. I didn't like the monthly overhead of an agency.
2. My goal as an investor is to provide great housing for the mass while making a profit.
3. I seek to represent myself and not be a taxi service for someone who will end up buying from their uncle.
4.Unethical people will find ways to appear upholders of the law while using smoke and mirrors to hid what there really doing. So someone hiding behind the "I'm a licensed ..." is like the story I learned 30 years ago:
Any one telling you "I'm just an old country boy and we stick by the truth around here" they are actually saying I'M SLY AS A FOX AND NEED CONSTANT WATCHING.
I guess car dealers have better lawyers or legislative lobbyist than real estate agency do because when you buy a car does the car seller have someone else step into the deal saying I represent you mister buyer not the dealership/seller and I'm here to help only you?
So much for tonight rant. Happy trails to you.
Wholesaler Update
Hi, Long time between post. Will see if that changes over time.
Unlike politicians: No promises.
Unlike politicians: No promises.
Wednesday, February 15, 2012
Monday, January 9, 2012
Shifting Perspectives
Greeting dear readers
Our move to Washington State was completed days before Labor day.
It was miles and days across the desert sand over endless mountain ridge tops and down again. I remember it being a lot more fun to move 20 years ago.
We've moved from a 50 year record sever drought area of Texas to the Southwest Washington woodlands where is rained more days in October than in half a year in San Antonio Texas.
Fog is possible any time of the day, while the next minute the sun blinds you as you turn down another forest road the fog surrounds you and the blacktop road is still slippery for lack of sun shine.
If your vehicle slides more than 6 inch off the road you may be tumbling 20 - 2000 ft down a hill side which is almost as scary as the back roads around Baton Rouge were the bayou gator are hopping your vehicle comes for a swim.
I will soon return to RE buy/sell blogging.
Jay C
Our move to Washington State was completed days before Labor day.
It was miles and days across the desert sand over endless mountain ridge tops and down again. I remember it being a lot more fun to move 20 years ago.
We've moved from a 50 year record sever drought area of Texas to the Southwest Washington woodlands where is rained more days in October than in half a year in San Antonio Texas.
Fog is possible any time of the day, while the next minute the sun blinds you as you turn down another forest road the fog surrounds you and the blacktop road is still slippery for lack of sun shine.
If your vehicle slides more than 6 inch off the road you may be tumbling 20 - 2000 ft down a hill side which is almost as scary as the back roads around Baton Rouge were the bayou gator are hopping your vehicle comes for a swim.
I will soon return to RE buy/sell blogging.
Jay C
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