Tim Randle is a full time investor in Round Rock, Texas and can be contacted through his web site at www.REIClub.com.
Articles by Tim Randle
Why Selling on Lease Options is Glorified Landlording
Selling on lease options can be a profitable technique if done wisely. Just don't go into it believing it doesn't take any work and that the landlording headaches are completely removed. They aren't.
Yes, the Seller Can Get a New Loan
One of the questions I see asked over and over on the REI newsgroups is "Can the seller get another loan?" This is a great question because it so often is one of the objections raised by a seller when a creative offer is being discussed.
What's Your Performance Ratio?
Ignoring all expenses except vacancy, how many performing properties does it take to cover one vacancy?
Negotiating and Sales Skills Are Critical
Examples of how the phrases you choose can affect your results. Take a minute to consider how many questions you ask and how much information you attempt to extract from a seller in a single call. Knowing what to say and when to say it will improve your performance more than you can imagine.
How to Choose the Proper Entity for Your Business
Choosing the property entity for your real estate investing business can be confusing.
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.
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.
How to Automate Your Collections
Having been a landlord since the early part of 1994, I feel fairly safe in stating I've tried almost every imaginable way of collecting monthly payments from my residents. I want to run through some of these methods and let you in on the pros and cons of each technique.