Charles's Blog

A well written contract offer to control real estate is like a "work of art".  A well written contract of sale will speak for you when you are not with it; it will direct settlement attorneys, lenders and will remind the seller what he agreed to do.Controlling real estate while you are satisfying...

Live Conference Call Monday, October 1, 2007 @ 7:00pm Topic: "Fifteen Questions You Should Ask Your Real Estate Attorney"Greetings! Tonight Monday, October 1, 2007 @ 7:00pm Live Conference Call Special Guest: Tony Garcia, Assistant State's Attorney This evening, October 1st @ 7:00pm, join us for...

 Question: 55.   How can I guarantee my success in the real estate investing business?Response:When I became interested in real estate about 40 years ago, it was not easy to figure out how to get up to speed in real estate investing; those wealthy/successful investors in my community had no inter...

81. Mortgage broker trying to succeed in this businessQUESTION:  I'm a new loan officer and would like to find out if it is worth going to these real estate clubs to find clients that would need financing for their homes? Or networking with real estate agents?  I'm new, young and just trying to m...

49  Broker LeverageWhen purchasing listed real estate, you can save money by buying with a friendly real estate broker.  Ask the broker to contribute their commission toward property repairs in exchange for a percentage of your cash flow or equity profit in the short term.Notes:  This tip is not ...

48  Over-FinanceNeed cash for repairs?  Consider over-financing.  If the Seller needs $100,000, write the contract for $125,000 with an addendum requiring the Seller to reimburse $25,000 to you at closing for repairs.  It's borrowed money, but it's green!It is important to to collect the over-fin...

47  Equity PartnershipBorrowing money at a set interest rate is cheaper, but when funds are tight a partner can be an alternative to going into debt.  Package your real estate opportunity by creating a detailed investment proposal offering a 20, 30, or 40% equity interest in the short-term transa...

Real estate really is a very exciting and profitable business with many options for those who practice making offers, and considering all their options.Real Estate agents and Investors leave commission and profits on the table by not negotiating when the time calls for negotiating.  Some fail to ...

46  Installment Down PaymentWhen funds are tight, control property with a contract of sale and pay the down payment in installments over a period of time.  Lease or option the property while making the down payment installments.  This arrangement is also known as an interest-free or principal-onl...

Question:Possible Short Sale Deal Advice Needed  If the owner has little or no equity then it is a possible candidate for a short sale. What you offer the bank is dependent on a number of things. What are you going to do once you own it, sell it, rent it, or live in it? If you are going to resale...