Posted by leslie on May 06, 2000 at 02:08:45:
here’s what i would do.
house 2) screen 'em yourself on the phone. let them drive by. most of the decision is made on the price/area. pick the best ones based on their interst and your screen, then make one trip. now i’ve done a lot of this, but you might prefer a p/mgr
house 1) don’t fix it. get a t/b contractor or investor type to take it as is and do it for himself, his risk and his time and money. you can offer a great benefit. how many macho guys would love to “buy fix and sell” w/o going to the bank. here is their answer. the “l/o fixer”. you will wish you had more of them.
ad: “rent-to-own fixer, make money on this one” “no loan needed fix it and sell it or live in it.” offer easy l/o terms. after they fix it they can shop for a qualified buyer to buy them out at the option price plus their mark up and pay you off.
your time is better spent … finding more deals.