Tim Randle
Tim's latest writings
Should I Go or Should I Stay?
Another question that frequently pops up in conversation and on discussion forums is whether it's best to just schedule an appointment with the seller and jump in the car or spend more time prequalifying the lead on the phone. Like many real estate investing questions, the right answer is "it depends". There are a number of factors that can come into play when determining the best course of action. Is the investor new or... (posted by Tim 1 year 211 days ago.)
Another question that frequently pops up in conversation and on discussion forums is whether it's best to just schedule an appointment with the seller and jump in the car or spend more time prequalifying the lead on the phone. Like many real estate investing questions, the right answer is "it depends". There are a number of factors that can come into play when determining the best course of action. Is the investor new or... (posted by Tim 1 year 211 days ago.)
Lessons Learned During My Rookie Year
(This was posted in 1999 on another site. Many of the points pertain to issues and folks from the other site, and therefore, may not make any sense. Please ignore those points.) I found this site about a year ago when I decided to get serious about getting active with REI. It has been and continues to be my favorite resource. I thought my comments might benefit others just starting out and perhaps the more... (posted by Tim 1 year 211 days ago.)
(This was posted in 1999 on another site. Many of the points pertain to issues and folks from the other site, and therefore, may not make any sense. Please ignore those points.) I found this site about a year ago when I decided to get serious about getting active with REI. It has been and continues to be my favorite resource. I thought my comments might benefit others just starting out and perhaps the more... (posted by Tim 1 year 211 days ago.)
It's Still Location, Location, Location
Contrary to what many creative investing courses may tell you, the old standby "location,location, location" still matters. I've seen both courses and speakers attempt to dispel this adage because the technique being promoted miraculously makes physical location a non-issue. I was foolish enough to buy into it. You don't have to. If you're wholesaling, does location matter? Certainly. If you've spent any time... (posted by Tim 1 year 211 days ago.)
Contrary to what many creative investing courses may tell you, the old standby "location,location, location" still matters. I've seen both courses and speakers attempt to dispel this adage because the technique being promoted miraculously makes physical location a non-issue. I was foolish enough to buy into it. You don't have to. If you're wholesaling, does location matter? Certainly. If you've spent any time... (posted by Tim 1 year 211 days ago.)
How to Get Comps
There are primarily four ways to get information on comparable sales (comps) when trying to determine the value of a target property. Those four are: 1. Doing Your Own Research 2. Internet Searches 3. Service Companies 4. Access to MLS DOING YOUR OWN RESEARCH Within this category, there are four subcategories. Those are: Courthouse Searches Newspaper Listings Tax Appraisal Districts Master the... (posted by Tim 1 year 211 days ago.)
There are primarily four ways to get information on comparable sales (comps) when trying to determine the value of a target property. Those four are: 1. Doing Your Own Research 2. Internet Searches 3. Service Companies 4. Access to MLS DOING YOUR OWN RESEARCH Within this category, there are four subcategories. Those are: Courthouse Searches Newspaper Listings Tax Appraisal Districts Master the... (posted by Tim 1 year 211 days ago.)
Directionals Move Properties
One of the most effective and frequently overlooked methods of filling or selling a property is the use of directional arrow signs. I'm guilty of it myself, although usually I'm merely lazy instead of overlooking this great marketing technique. Being lazy usually costs me in terms of holding costs, especially if you happen to be in a buyer's market as I currently am. Even if you're in a hot market where everything is moving... (posted by Tim 1 year 213 days ago.)
One of the most effective and frequently overlooked methods of filling or selling a property is the use of directional arrow signs. I'm guilty of it myself, although usually I'm merely lazy instead of overlooking this great marketing technique. Being lazy usually costs me in terms of holding costs, especially if you happen to be in a buyer's market as I currently am. Even if you're in a hot market where everything is moving... (posted by Tim 1 year 213 days ago.)
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