Bryan Benson

Private Lenders

Say you have a subject to. How can you give a first mortgage to a private lender if you are going to be making the mortgage payments? First things first! That is kind of a trick question because you can borrow both first and seconds from private lende... Read >

Is Your Number Important On Your Yellow Letter? Pt.2

Part II In part one we talked about the importance of the yellow letter calls. The important part was not only the number being used but, more importantly, we talked about who was answering the call! It is irrelevant who you use (as far as which co... Read >

Is Your Number Important On Your Yellow Letter? Pt.1

Part I How important is the number listed in your yellow letter - very! Many people think an 800 number is the way to go, but this is simply not the case. Think about it - you don't want somebody answering it like they are a business; you want it to so... Read >

Watch for the Red Flag

Here is a situation for you. Say you have some property that you have bought subject to. You have owned it for a year or two and there is some pretty good equity in it. We will even take it a step further. Now we are going to add to the situation. Let's s... Read >

How Do You Define What a Good Mailing List Is? Part 2

Part 2 Most people become discouraged and get hung up in the response rate. The response rate is irrelevant people. What relevant is how much money did you spend, and how much did you get back? It doesn't make any difference what the response rate is..... Read >

How Do You Define What a Good Mailing List Is? Part 1

Part 1 Many people worry about mailing lists, but you need to remember; with mailing lists is it not hard. There are a whole bunch of them to choose from. It truly depends on what you want to target. Say you are looking for pretty houses. And for the ... Read >

Appraisals Part II

Part II In part one we talked about the importance of getting appraisals. We talked about why this is important and we even looked at a situation involving the appraisal of a piece of property. You have rehabbed the property and are making the last min... Read >

Appraisals Part I

Part I Time and time again I have told people to get their own appraisals. This is what you need to be thinking. This is how your mindset needs to be. If I go out and ask somebody to get an appraisal what credibility does it have unless I go through s... Read >

War Zone Property - Part II

Part II Remember our war zone property? Remember the house you purchased for a steal? Now you are desperately trying to sell your home. In fact, you have made such great improvements to the whole property that if you were selling it in another locati... Read >

Facing the Opposition - Part IV

Part IV We have taken this in quite a few directions! Where did we leave off? We have our property. On our property are a slew of mobile homes. We know we are sitting on a property with massive potential. We have taken the time to talk about how the... Read >

War Zone Property - Part I

Part I Do you own some property in a war zone? Is it located in a not so optimal location? Say you have a property that you are thinking of buying in a war zone. Have you done the appraisal? If not, you need to get an appraisal. So you have gotten t... Read >

Facing the Opposition - Part III

Part III So we've been talking about our land and what we are going to do with it. I was getting way ahead of the game here because you're probably not even going to have that problem. Regardless of what a handful of neighbors want. It's in the best in... Read >

Facing the Opposition - Part II

Part II In part I we talked about our property that was filled with mobile homes. We are ready to turn this into a residential property. Where do we go from here? A good engineer would be able to guide you to the highest and best use, and cost you v... Read >

Facing the Opposition - Part I

Part I Say you have a 40-acre mobile home park, two blocks off the Gulf of Mexico in central Florida. And you have tenants. You have many, many tenants. What you really want is the land the mobiles homes sits on. Do you have any theories of what it... Read >

Criteria for Equities - Part II

Part II In part one we were working on a deal. We were going over the four important criteria. The first criterion was to have a good low monthly payment. The second was making sure the property you are purchasing is in excellent condition. Third, y... Read >