There are several forms of distressed properties.
The first type of property we will discuss is the physical distressed.
This property is a real project, in need of total rehab.
Where do you start.
I like to start with the front of house. The first thing we will do is clean up the yard, mow the lawn, trim the trees and hedges, repair the fence, plant some trees, or flowers.
We will repair the sidewalk, the windows, shutters, etc. and then we will paint the exterior.
Before we do any repairs on the interior we will make the roof sound.
Personal or group Coaching
786-326-4747
wagie@wagiesworld.com www.wagiesworld.com
Wayne H. Wagie - President
Speaking engagements available
Author
The Business of Solving Real Estate Problems
Real Estate Exchanging
The Wonderful World of Real Estate
Distressed Properties
Goal Setting
Successful Wholesaling
Contracts
You Write the Contract
Contract Clauses
Negotiating is a Game
Due Diligence Starts in Negotiations
Be an Effective Listener
Lease Option/Lease Purchase
Lease Option - Lease Purchase Form
Finance the Lease Option / Purchase
Land Trust
Privacy
Asset Protection
Ease of Transfer
Flexible Ownership
Estate Planning
Asset Protection - Glossary of Terms
Business Structures
Creating and Dissolving a partnership
Seven C's of Success
Cash Flow
Creative Cash now
Private Mortgage Notes
Discounted Mortgages
What is a Discounted mortgage
Discounted sale with buy back
What we do Now determines what Happens
Real estate paper for personal property
What is Equity
Importance of Equity
Prepay interest with Equity
Increase your wealth using your Equity
In Lieu of Transaction
Flaws that guarantee you will fail
Why Create your Own Mortgage
How to Create your own mortgage
Mortgage Example
Mortgage Note
Seller Financing
Advantage to seller finance
Make it easier for buyer to buy
Being creative helps everyone Win
Wraparound Mortgages
Due - on – Sale
Real Estate Exchanging IRS code 1031
Advantages of a 1031 Exchange
Benefits of a 1031 Exchange
Move vacant land into income property
1031 Exchange - General Questions
What Qualifies for a 1031 Exchange
Exchange Lang - For Sale & Purchase Contracts
How to Select & Work with Qualified Intermediary
Time Lines
Notification of Other Party
What is Boot - T - Bar
Subordination & Substitution Of Collateral
Sub of Collateral or walk the loan
Removing the Blanket and Sub
Removing Blanket
New Construction as Replacement Property
Deferred Exchange
Reverse Exchange
1031 Replacement letter 67
Table of Contents
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The Wonderful World of Real Estate
Author
Wayne H. Wagie