Either they don’t have the money, the deals, or the experience.Our guest today, Jon Wooten, had none of these three, but found a way to acquire 18 units (and become financially free) in only a few years. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. 7. For the past few decades, many industries were seeing expansive growth, new ideas, and upgraded technology. Then you'll want to learn a few questions to ask a real estate agent—the go-to pro whose sole goal (at least as far as you're concerned) is to help make your home-buying dream come true. Top 10 Questions to Ask a Past Landlord When Screening ... Biggerpockets.com After all, once you have the contact information for the applicant's previous landlords, what in the world do you ask them? Ready to build your real estate empire… but not sure where to begin? September 12, 2016 by Adham Sbeih. Summary: In part three of our Finding the Right Real Estate Investor Mentor series, we’ll provide a comprehensive list of the best questions to ask a real estate mentor. 15 of the Most Important Questions To Ask When Buying a House. Brandon Turner is an author, entrepreneur, and active real estate investor with more than 700 rental units and dozens of rehabs under his belt. Raising capital for an early-stage startup is stressful. Bear in mind that they’re trying to see if your rental is a right for them. ... of color photographs because those images can clearly demonstrate problem areas and help during negotiations with the seller and his or her agent. Now comes the fun part of … Jonathan Wasserstrum, founder of SquareFoot likes to say that he was working in PropTech before PropTech was a thing, and he’s right! These 6 questions can help you navigate the process and vet potential investors before they commit. Real estate investors often rely on hard money lenders to provide the funding necessary to acquire and rehab investment properties. I want to ask you guys. As a landlord, you want the best possible tenant to occupy your rental. Think of us as your personal trainer. This passage reveals the exact questions the authors ask sellers, and how to “aggressively listen” for valuable information — even when making casual conversation. This makes it easier for the seller to close a deal. It might seem like all the hard work is done: You’ve determined that you want to buy a house, have the funds, and are prepped and ready to apply for a mortgage. In order to weed out undesirable applicants and find a good long-term tenant, it’s important to ask questions that will help you to understand if your applicant will meet your expectations and vice versa. Along with what not to ask … He is the Vice President of BiggerPockets, co-host of The BiggerPockets Podcast, and author of four books, including The Book on Rental Property Investing and How to Invest in Real Estate. 8 Questions to Ask Before Hiring a Home Inspector When hunting for a home inspector, their fee should be your last question. Many new investors find excuses for why they can’t buy properties. Potential tenants naturally ask pointed questions. By BiggerPockets. The seller should then counter the buyer’s initial offer, and in the classic form, a back-and-forth negotiation would occur until a deal is struck at a price to which both parties agree. Ideally, you want to ask them questions that serve two purposes. Imagine you are friends with hundreds of real estate investors and entrepreneurs. That’s what The BiggerPockets Podcast delivers. From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask. Normally, a buyer might make an offer on a home based on his or her perceived value of the property. Co-hosted by Brandon Turner, David Greene, and BiggerPockets founder Joshua Dorkin, this podcast provides actionable advice from investors and other real estate professionals every week. Therefore, you may wonder what kinds of questions you should ask during the tenant screening process.. In this bonus episode, co-authors Carol and J Scott read from Chapter 5: Seller Motivation and Leverage. Topics include: relationship-building, self-awareness and skill-building questions to ask your mentor. What you may not know is Joshua’s journey in founding, building, scaling, and finally leaving BiggerPockets. Eight Questions to Ask Your Hard Money Lender. Many avid members of the BiggerPockets forum, listeners to the podcast, or readers of our articles may know our founder, Joshua Dorkin. ... BiggerPockets, Get Paid For Your Pad, and Breakthrough Real Estate Podcast. From "the five initial questions you must ask yourself before getting started" to the final handing off of the keys, this guide is the definitive guide for any landlord. Do me a favor though, if you're enjoying this message, if you think this is some important people need to hear, give me a bunch of thumbs up that's how facebook knows that we're doing something that people like so and also you can leave me questions comments whatever uh like guarantee said aloha percent off has changed. Part of … By BiggerPockets questions that serve two purposes help you navigate the process vet! If your rental what not to ask … 15 of the Most Important questions ask! 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