Comments for Lee Smith's Indianapolis Real Estate News and Views http://leesmith.wordpress.com News and Opinions about Indianapolis Real Estate Market! Wed, 14 Oct 2009 00:05:22 +0000 http://wordpress.com/ hourly 1 Comment on How to get around those pesky planning commisions… NOT! by Cool http://leesmith.wordpress.com/2008/01/28/how-to-get-around-those-pesky-planning-commisions-not/#comment-868 Cool Wed, 14 Oct 2009 00:05:22 +0000 http://leesmith.wordpress.com/?p=61#comment-868 Genius. Hope he wins his case...looks like the people who want to bring it down are jealous. Genius. Hope he wins his case…looks like the people who want to bring it down are jealous.

]]> Comment on Choosing the right windows for a home by saccoleone http://leesmith.wordpress.com/2008/04/23/choosing-the-right-windows-for-a-home/#comment-865 saccoleone Sat, 22 Aug 2009 14:34:12 +0000 http://leesmith.wordpress.com/?p=104#comment-865 Great overview of the different types of windows and options available. I'm in the process of choosing my windows and just posted a much less thorough post, but I'm looking for advice. Check out my blog and let me know what you think: www.saccoleone.wordpress.com Great overview of the different types of windows and options available. I’m in the process of choosing my windows and just posted a much less thorough post, but I’m looking for advice. Check out my blog and let me know what you think: http://www.saccoleone.wordpress.com

]]> Comment on Finding Lease Options in Realtor Listings! – Wendy Patton by Latest real estate lease options news - Lease Option or Rent-to-Own Training: Lease to own training … | Florida Rent To Own Homes http://leesmith.wordpress.com/2009/07/06/finding-lease-options-in-realtor-listings-wendy-patton/#comment-843 Latest real estate lease options news - Lease Option or Rent-to-Own Training: Lease to own training … | Florida Rent To Own Homes Wed, 08 Jul 2009 14:57:12 +0000 http://leesmith.wordpress.com/?p=354#comment-843 [...] Finding Lease Options in Realtor Listings! – Wendy Patton « Lee … [...] [...] Finding Lease Options in Realtor Listings! – Wendy Patton « Lee … [...]

]]> Comment on Time management and the Indianapolis real estate investor! by Doug Crowe http://leesmith.wordpress.com/2009/06/24/time-management-and-the-indianapolis-real-estate-investor/#comment-842 Doug Crowe Mon, 29 Jun 2009 13:38:41 +0000 http://leesmith.wordpress.com/?p=350#comment-842 Finally, a real estate professional who understands larger economics! It's laughable, but Pareto's principle works for those who understand it. 80% of the people who know it, still waste 80% of their time (including me) For the Insanely focused professional, I like Timothy Ferris' book, "The 4 Hour Workweek" He takes Pareto's principle and puts it on steroids. dacrowe.wordpress.com Finally, a real estate professional who understands larger economics!
It’s laughable, but Pareto’s principle works for those who understand it.
80% of the people who know it, still waste 80% of their time (including me)

For the Insanely focused professional, I like Timothy Ferris’ book, “The 4 Hour Workweek” He takes Pareto’s principle and puts it on steroids.

dacrowe.wordpress.com

]]> Comment on Urgent Politcal Action Needed By All Real Estate Entrepreneurs To Defend Private Property Rights! HR 1728 by He’s Barack Obama | Fundawn News http://leesmith.wordpress.com/2009/06/06/urgent-politcal-action-needed-by-all-real-estate-entrepreneurs-to-defend-private-property-rights-hr-1728/#comment-841 He’s Barack Obama | Fundawn News Sat, 27 Jun 2009 17:40:22 +0000 http://leesmith.wordpress.com/?p=340#comment-841 [...] Urgent Politcal Action Needed By All Real Estate Entrepreneurs To … [...] [...] Urgent Politcal Action Needed By All Real Estate Entrepreneurs To … [...]

]]> Comment on Time management and the Indianapolis real estate investor! by Busa Money http://leesmith.wordpress.com/2009/06/24/time-management-and-the-indianapolis-real-estate-investor/#comment-837 Busa Money Fri, 26 Jun 2009 19:09:14 +0000 http://leesmith.wordpress.com/?p=350#comment-837 great post and video some good info here great post and video some good info here

]]> Comment on Can you paint vinyl siding? by mitten vinyl http://leesmith.wordpress.com/2009/02/05/can-you-paint-vinyl-siding/#comment-832 mitten vinyl Tue, 23 Jun 2009 18:00:23 +0000 http://leesmith.wordpress.com/?p=254#comment-832 That is very important section. Thanks. That is very important section. Thanks.

]]> Comment on Urgent Politcal Action Needed By All Real Estate Entrepreneurs To Defend Private Property Rights! HR 1728 by Ann, Mary http://leesmith.wordpress.com/2009/06/06/urgent-politcal-action-needed-by-all-real-estate-entrepreneurs-to-defend-private-property-rights-hr-1728/#comment-822 Ann, Mary Mon, 08 Jun 2009 07:28:02 +0000 http://leesmith.wordpress.com/?p=340#comment-822 well i really like the article and surely think about this seriously. well i really like the article and surely think about this seriously.

]]> Comment on How does foreclosure work or when are the times to buy a foreclosure? by leesmith http://leesmith.wordpress.com/2008/03/18/how-does-foreclosure-work-or-when-are-the-times-to-buy-a-foreclosure/#comment-809 leesmith Tue, 02 Jun 2009 19:16:16 +0000 http://leesmith.wordpress.com/?p=86#comment-809 In my opinion, the banks list the property at Market-Rate minus the repairs.. If they do not get any takers after a month or so, they generally will start to lower the price. So a 200k house that needs 50k in repairs would start out at 150k. Now that 50k in repairs is what a handyman would pay to get things done, not having contractors do the work... Any Realtor can help you find REO/bank owned properties. They are listed in the MLS just like any other property. Ideally, look for a Realtor who ACTIVELY works with investors and understands the investing side. They are going to know more ways to save you money when it comes to dealing with banks. In my opinion, the banks list the property at Market-Rate minus the repairs.. If they do not get any takers after a month or so, they generally will start to lower the price.

So a 200k house that needs 50k in repairs would start out at 150k. Now that 50k in repairs is what a handyman would pay to get things done, not having contractors do the work…

Any Realtor can help you find REO/bank owned properties. They are listed in the MLS just like any other property. Ideally, look for a Realtor who ACTIVELY works with investors and understands the investing side. They are going to know more ways to save you money when it comes to dealing with banks.

]]> Comment on How does foreclosure work or when are the times to buy a foreclosure? by Moonah http://leesmith.wordpress.com/2008/03/18/how-does-foreclosure-work-or-when-are-the-times-to-buy-a-foreclosure/#comment-808 Moonah Fri, 29 May 2009 13:27:17 +0000 http://leesmith.wordpress.com/?p=86#comment-808 Thank you for a concise and easy to understand article. Now a question for you. When a bank buys back the property at auction and sells it via REO, are the homes sold at market-rate, or just above what they paid for it at the auction. Where do we find realtors who sell these properties? Thank you for a concise and easy to understand article. Now a question for you. When a bank buys back the property at auction and sells it via REO, are the homes sold at market-rate, or just above what they paid for it at the auction. Where do we find realtors who sell these properties?

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