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Real Estate Learning Community

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5 contributions to Real Estate Learning Community
Question for You!
How is your real estate journey going thus far? What are you currently working on? What questions do you have? What are you reading or listening to? What wins have you already experienced this year?
0 likes • Jan 9
@Ray Allen oh word 👀
Designing
Myles, how much do you charge for your Rehab designs?
0 likes • Jan 4
@Myles Berrio
25 Reasons Sellers Are Motivated To Sell
Remember, the deals you are looking for are not found in just looking for people to sell. Anyone can search Zillow or Redfin for sellers, but the key is MOTIVATED to sell. We are in the business of solving problems! Here are 25 reasons to start thinking of motivations you are looking for. Try to add at least one more to the list in the comments! 1. Financial Hardship: Loss of income due to job loss, reduced work hours, or other financial crises can make it hard to maintain mortgage payments. 2. Avoiding Foreclosure: They may want to sell before the bank forecloses to avoid damaging their credit score or losing all their equity. 3. Mounting Debt: High debt from medical bills, credit cards, or other obligations may force a quick sale to regain financial stability. 4. Divorce or Breakup: Splitting up assets quickly to move on emotionally or to finalize legal proceedings. 5. Inherited Property: Inheriting an unwanted or unmanageable property can prompt a quick sale to avoid taxes, upkeep, or legal fees. 6. Relocation for Work: A job transfer or new job in another city may make it essential to sell fast to avoid maintaining two homes. 7. Health Issues: Medical concerns may require downsizing, moving closer to family, or accessing funds from the property’s equity. 8. Death in the Family: The need to sell an inherited home or deal with the financial aftermath of a family member’s death. 9. Major Repairs Needed: The home may need costly repairs or renovations that the owner can’t afford or doesn’t want to undertake. 10. Downsizing: A desire to reduce living expenses or simplify life, especially for retirees or empty nesters. 11. Market Timing: Selling quickly to capitalize on a hot market before property values decline. 12. Negative Equity: If they owe more on the mortgage than the property is worth, they may seek a quick sale to avoid long-term losses. 13. Retirement Plans: Selling real estate may be part of a retirement plan, especially if funds are needed to finance retirement living. 14. Tax Delinquency: Unpaid property taxes could lead to a tax sale, making a fast sale a preferable alternative. 15. Job Loss: Sudden job loss can lead to a lack of income, making it difficult to afford mortgage payments. 16. Investment Gone Wrong: An investment property that isn’t profitable or has become a financial drain may prompt a quick sale. 17. Unwanted Rental Property: Tired landlords may sell quickly if they’re experiencing bad tenants, frequent repairs, or low rental returns. 18. Changes in the Neighborhood: Declining neighborhood conditions or increased crime may motivate a fast sale. 19. Pending Legal Actions or Liens: Liens or legal judgments against the property may make selling quickly the best option. 20. Personal Safety Concerns: Issues like domestic violence or harassment may necessitate a quick relocation for personal safety. 21. Changing Lifestyle Needs: Major lifestyle changes, such as marriage, children, or needing extra space, can prompt the need for a quick sale. 22. Zoning or Code Violations: The property may have zoning issues or code violations that are costly to resolve, pushing the owner to sell fast. 23. Long-term Vacancy: A property that’s been vacant for a long time may need to be sold to avoid deterioration, taxes, or potential squatters. 24. Liquidating Assets for Business Needs: They may need fast cash to invest in a business or another financial venture. 25. Natural Disaster Damage: The property may have been damaged in a natural disaster (fire, flood, etc.), prompting a fast sale rather than repair.
25 Reasons Sellers Are Motivated To Sell
0 likes • Dec '24
@Rebecca Lehde • 1m More info on acquiring forclosire properties in texas
New Member Intro!
Hello, group! My name is Jace, and I am from Florida. I began investing in 2020 and have purchased over $20 million in real estate and more than 100,000 square feet. My portfolio consists of retail centers, flex space, and office. In 2025, I plan to purchase value-added CRE, particularly RV Parks and Self-Storage. I look forward to connecting with everyone! Feel free to message me anytime here or on my Instagram account, @investorjaceperry.
1 like • Dec '24
Wow. Awesome portfolio
🔥 HOT Deal For Sale In Taylors S.C. 🚨
Who’s interested in a 3 bed 3 bath 1,800sqft in Taylors S.C?? I would buy this but too many projects going on as many of you know and not enough margin for me at this time. I’m currently only buying $90K - $100K net flips, but obviously not necessary for everyone! Asking $205K ARV $350K Solid $45K - $60K net net flip for someone! 3 bed 3 bath 1,800sqft 2 car garage 1 acre lot Taylors S.C. Shoot me a text if you want it, can move quick and are SERIOUS! You guys know me, I’m not in the business of wasting folks time let’s do right by each other and make money together. Yes I already broke down all numbers from purchase, closing costs, cost of financing, estimated rehab budget, selling costs, including seller credits and holding cost etc. If you know what you are doing there’s no way you can’t make money on this 🦾😎 Also, these are just examples of color scheme and style ideas in the images below! ➡️ 706-814-2821 ⬅️
🔥 HOT Deal For Sale In Taylors S.C. 🚨
0 likes • Dec '24
You the man.
1 like • Dec '24
🔥
1-5 of 5
@deejae-dorsey-2442
Dad since ‘23. Team clubs.

Active 128d ago
Joined Dec 5, 2024
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