Forum Replies Created
jaffasoft, just downloaded your calculator – it’s one neat tool ! Thanks a lot ! [biggrin]
Now that I manage to get internet access back, I can finally post some reply…
Marisa & Lucifer_au, thanks for recommending the book – I’ll go check it out.
ibuycashflow, thanks for the feedback – still looking for deals, hopefully sometime soon we can get started…
This maybe a long shot. But if the matter is not urgent, can you ask your relative to keep the money in the property for, say 3 months, with interest of, say 8%, while you try to improve the condition of the property and refinance ?
Aceyducey, Redwing, Ibuycashflow, RussH, and House Hunter – thank you so much for the reply.
We will definitely will try by making offers which falls into 11 second rule, thanks for the idea. And one point that I have to admit we are still lacking is the research – we haven’t gone into as deep detail research to find out demographics and sustainability of a town, which we will have to do as well shortly.
And yes, having a full time job during the day is cutting down the time we have for research, and plus, on top of that we are still working on launching our business as well… so I guess we have to use our time efficiently…
Another question if I may… if the deals are not on the net, and are not on the papers… does it mean that I have to prepare list of a town based on a certain criteria, then cold call the agents on those areas ? Or is it better to ask a help of a ‘bird-dog’ to start the first few deals until I start to get the hang of locating the deals ourselves ?
