Texas realesate investment?

January 292010

I live in Los Angeles and I am considering purchasing realestate in texas. I am trying to generate positive cash flow. I am looking for 1 stop place where broker can help me purchase and help me with property management. Since I live in LA it has to be someone extremely responsible and knowledgeble. If you had positive experience in this area please let me know who I should contact

You’re too late. Too many investors have already bought, driving sale prices up and driving rental prices down.

In San Antonio, there are new, never been lived in houses, sitting vacant since July because they’re not renting. Also, when they do rent it will not be for a positive cash flow.

The average sale price in San Antonio is about $165K. A house in that price range, bought with a 5% down payment and 6% interest will have a mortgage (with escrows for tax and insurance) of about $1,600. That house will then be able to rent for about $975 to $1,150.

My broker is a full time property manager and this past summer was getting calls from SO many California investors who had just bought houses that they wanted him to rent for them. Their hearts were broken when he told them the facts of how much they could rent for.

So for how much will the American political realestate be going for?

January 292010

Now that corporations have unlimited access to influencing government, how long before china, Saudi Arabia, Russia, and EU pipeline their agendas through the corporations, of their prospective countries.

a) 1 years (congress)
b) 3 years (presidency and congress)
c) 5 years (congress )
d) 8 years (presidency and congress)
e) ?

By the way, you can thank republicans for putting America up for sale to the international community. America will now be expected to tap dance to the tone of the highest bitter. Now it is officially a whore.

Get ready people, because the New World Order is upon us. And republicans have put them on the drivers seat.

We used to have statesmen,
then they became politicians,
now they will become prostitutes.

I am predicting $6 million for a representative, and $8 million for a senator.

Governors will go relatively cheaply, at anywhere from $2-5 million.

"Hi texas, this is your new representative…sponsored by exxon…"

Contract…Realestate (Commission)?

January 292010

Will a realtor be willing to sign a contract that states their commission is anything above a certain dollar. I need to clear $300,000 so I want the contract to say that their commission is anything above $300K. So if it sells for $320,000, they get $20,000…if it sells for $301,000 they get $1,000. Would a realtor do that? Can they do that? I spoke with realtors and they say they would list it for $319,000 and I should have no problem getting $315,000.

This is a net listing and is NOT legal.

The realtor has no way to effect the market value of your home. It will sell for what it’s worth. Just because you ‘need’ it to sell for 300k doesn’t mean that it will.

Should I change brokers 6 days before closing on a Va loan? Please help!!!!?

January 222010

Ok so long story short ….I am getting screwed by my broker he is charging me over 4000.00 more then origanial quoted and then he didn’t give me my GFE till 3 days ago a month & 10 days after I signed it. I was going with another lender at first who now that I can compare was going to give me a way better deal. My realestate agent says she will take care of it but if she cant I want to change lenders. How far would I go passed closing? I already have had a Va inspection but she said we may not be able to transfer it to a new lender if the inspector is not on there list? What is involved with transfering this close to closing? Please help!!!!
Ok so my broker broke respa not giving me the GFE within 3 days. So I wouldn’t have been able to review the costs and espcially so I couldn’t compare it to the one I had had from my another lender. It is a long story but if my Realestate agent doesn’t take care of it I want to change bokers/ lenders. I am asking how to do that and how bad it will mess everything up? F.Y.I. GFE is a good faith estatement
Also it will cost me 150.00 every day past the day of closing and the house is a forclosure and is owned by a bank not sure if that is important. Thanks for any help!

Tell the seller that you will release your entire earnest money today in return for a 15 day extension of the purchase contract. Then get your loan to a broker who won’t cheat you. Switch today..

Is it unethical for you solicitor to refer a house for sale to their husband who is a real estate agent?

January 222010

My parents who have been left a home after a family death and has been asked if they wanted to sell the house through their husband realestate agent. My gut feeling is that its a conflict of interest and unethical. I may be wrong but would love your thoughts. This is in Australia.

There is no reason to NOT use him. Unless there is some undue pressure, merely handing you a card and saying "give my husband a call, he can take care of you" shouldn’t be a problem. Check out what he and a few other agents have to say and simply choose the best one.

how to organiz list of contacts and jobs that were accepted plus commisions on a PC, is there any program??

January 222010

i am an independent employer, working to get people to buy or invest in realestate in Dubai. I need some kind of software that would organize my contacts/signed deals via the Net so that i don’t get scammed and keep track of my commisions for each project.

Outlook has a good contact manager, is ok for tracking billings.

Quickbooks is good for tracking billing, and ok for contacts.

A simple list in Excel or Word may be your best bet.

Need help with realestate agent questions?

January 222010

My mothers landlord has sold the property and was notified today that she has to be out by this Sunday.Does any one have some advice? There is no written.signed notice giving them enough time to move out. The only thing is that she was on a month to month lease due to the fact that the was house put on the market. She has two disabled sons and my sister and her three daughters live with her. It too much of a short notice for them to find something. Can any one help if I provide detail needed.

A month-to-month tenancy requires that they give 30-day notice to vacate, no exceptions. I’m sorry to hear this happen right before Christmas, truly, the landlord has no heart. I’ll say a prayer for your family.

Which bank will loan to buy realestate in US for non US citizen who live and work outside US?

January 222010

Hi

I am looking for a bank that will finance a real estate loan with maybe 10-20% down payment. I am not working in US neither do I have a SSN in US. I work in Europe but are looking for banks that can give loans for buying real estate in US.

You are out of luck. No bank will risk that kind of liability.

real estate questions?

January 202010

The value of a feature that is present in the subject property but not in the comparable property.a: subtracted from sale price of the comparable B: added to sale price of comp C: not a valie variable in priceing the comp. D: none of these

An appraiser may substitute his own opinion in the place of reliable date A: if he has long experience. B: never. C: if requested by a supervisor. D: if it will increase the price of a property.

An appraiser needs A: realestate lisence. B: appraisal license. C: brokers license. D: affiliate brokers license

In the sales comparison approach the probable sales price of a building may be estimated by: A:considering sales of similar properties. B" determining accrued costs. C:determining construction costs. D: considering depreciatin

Which approach would be given the most weight in valuation of a "strip shopping center"? A:cost approch. B:income approach. C: cma D: none

A
B
B
A
A

How do u go about getting a grant to open a business?

January 202010

I’m trying to get into realestate and retail sales. who , where or what do i need to do to get grant money help me please!

unless you are going to specialize in either agricultural areas or distressed neighborhoods…..there is no such thing.