Previously we made a low ball offer on a house in Mesa. We had toured the house and determined that there was significant work necessary to bring it into rentable condition; perhaps 20 to 30 thousand dollars. Also, there was something weird going on with the audio/visual wiring. The Roca house was bank owned, an [...]
So, how did I meet Jeff and why is he on TMP team? For 15 – 20 years Jeff and I attended the same church. We had a nodding acquaintance in all those years. Then Jeff became a “vicar” at the church along with his full time outside job. A ‘vicar’ is a pastor in [...]
REO is an acronym for “Real Estate Owned”. Generally, REO is good. You want to own real estate. You want to show real estate you own with lots of equity. It shows that you’re “rich”. Banks have REO for real estate that they own to conduct their business. But for a bank, OREO is [...]
Sherman Weekes, Property Manager My name is Sherman Weekes and I am one of the Principles of Crest Premier Properties and a member of the Crest Premier Property Management Team. I have responsibility for all field operations. I received my real estate license in 2004 and spent the first couple years selling both residential [...]
Sherman Weekes, Property Manager Here’s a typical story from Michelle on operating as your own property manager. Cops show up at Apartment 2xx, on the second story. They have a warrant for resisting arrest and assaulting an officer. They knock and announce. Usually this is a no-knock situation. Break down the door [...]
At the End of March 2019 Our results to date are reported on a monthly basis on the “Score” table on the Home page. We give you the current total value of TheMonopolyProject (TMP) as a combination of cash held (bank deposits) and the estimated equity (current market value minus any loans) of the [...]
Hi everyone. My name is Jeff Sutherlin and I am an Associate Broker with EXP Realty in Arizona. I have been blessed to be in the real estate business since 2001. I have been in several roles since I started in this business which gives me a pretty good perspective on the [...]
The first question is ‘how do we find a house to buy?’ Answer: Get a real estate broker. Yes, there is a difference between a broker and an agent. I will refer to them as ‘a broker/agent’. Buying is easy, seller pays the commission. But we will consider the complete buy/sell/buy cycle. [...]
My name is Jim Sarina and I just put up $100,000 to buy, rent, and sell houses in the Phoenix area. I’m doing this so you can watch and participate in the process over the next 10 years. But first the three guaranteed paths to get rich: 1. QUICKLY: 1a. Do [...]
