Real Estate Agents — Tell every real estate agent you come across that you’re a wholesaler and you’re looking for deals. You’ll be surprised how many agents are also real estate investors (or at least, know real estate investors). Your first offer will rarely be the number the seller wants to hear. Sometimes your second, third, or even final offer will not be enough to sway some sellers – that’s just how the game goes. These back-and-forth negotiations with sellers are normal and are the primary battle everyone must face as a real estate wholesaler. Do you want to become financially independent? House hacking is a key way to begin your journey. But you need to know HOW. Our guests this week have hacked their way into building their own empire, through real estate investing AND influencing others on social media…. https://www.bookmarks4all.win/whne-dealing-with-commercial-real-estate-what-are-vacancy-loss
The assessed value of a property is limited to an increase no greater than 2% each year unless a change in ownership or new construction occurs. The 2% increase is originally applied to the base year value, and is thus referred to as the factored base year value. In the case of real property, the factored base year value is the upper limit for property tax purposes. The maximum 2% increase per year continues to be applied until a change in ownership or new construction occurs, even if a temporarily reduced value has been put on the roll under Proposition 8. Escrow not closing on time can cause various issues for the buyer. A major problem with purchase contracts is that they include acceptance and closing dates. The contract may have expired if the closing date did not occur; at the very least, the contract was in jeopardy. In most cases, the sellers will not agree to extend the closing date.
Real Estate Agents — Tell every real estate agent you come across that you’re a wholesaler and you’re looking for deals. You’ll be surprised how many agents are also real estate investors (or at least, know real estate investors). Your first offer will rarely be the number the seller wants to hear. Sometimes your second, third, or even final offer will not be enough to sway some sellers – that’s just how the game goes. These back-and-forth negotiations with sellers are normal and are the primary battle everyone must face as a real estate wholesaler. Do you want to become financially independent? House hacking is a key way to begin your journey. But you need to know HOW. Our guests this week have hacked their way into building their own empire, through real estate investing AND influencing others on social media….
https://www.bookmarks4all.win/whne-dealing-with-commercial-real-estate-what-are-vacancy-loss
The assessed value of a property is limited to an increase no greater than 2% each year unless a change in ownership or new construction occurs. The 2% increase is originally applied to the base year value, and is thus referred to as the factored base year value. In the case of real property, the factored base year value is the upper limit for property tax purposes. The maximum 2% increase per year continues to be applied until a change in ownership or new construction occurs, even if a temporarily reduced value has been put on the roll under Proposition 8. Escrow not closing on time can cause various issues for the buyer. A major problem with purchase contracts is that they include acceptance and closing dates. The contract may have expired if the closing date did not occur; at the very least, the contract was in jeopardy. In most cases, the sellers will not agree to extend the closing date.