Tuesdays with Dave May 19 2015
High Five Sal Alarcon
Questions Answered on the Call
* When should I engage the services of an SEC attorney. Does he/she create
the property package that I am going to be using to recruit private
lenders?
* How involved should I be with the property management of my properties ?
I have my first deal under contract. It’s 92 units! I have a couple of 3
families. Should I use a property management company. The property is 100
miles away or bring in an in-house person to keep tabs on the onsite
manager?
* I am getting push back from some of my private investors. I trying to
have some of them fund my apartment purchases. I have used them in my
single family business. What would be a good way to explain the
acquisition fee and then quickly go to a couple of benefits of moving up
to apartments with me. Do you have any lines that you have used? Some were
debt partners.
* I see a recent trend in RE broker’s not listing a Purchase Price but
using “TBD”. Do I put in an offer close to my strike price or should I go
much lower. I do not want to leave money on the table.
* What is a good message to leave with a seller that you have not talk to
yet. Dave critiques a Mastery member
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][fusion_button link=”http://rementor.s3.amazonaws.com/audio/Tuesdays_with_Dave_10amPST_051915.mp3″ color=”default” size=”” type=”” shape=”” target=”_self” title=”” gradient_colors=”|” gradient_hover_colors=”|” accent_color=”” accent_hover_color=”” bevel_color=”” border_width=”1px” shadow=”” icon=”” icon_divider=”yes” icon_position=”left” modal=”” animation_type=”0″ animation_direction=”down” animation_speed=”0.1″ alignment=”left” class=”” id=””]Listen to Call[/fusion_button][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]