Blake Choisnet Coaching

What Should You Expect At Closing

What should you expect from a first closing? What do you need to be prepared for? Do you need to be there physically or can you close remotely? What documentation do you need and how much time do you need?

These are some of the questions that run through your mind as you look at closing a property. Join me as I breakdown what documentation you need to have and how much time you will need to close on a property!
 

 

 
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What Appliances Should I Put in My Rental?

Okay, okay, okay. You should have an HVAC system. And you should provide a stove/oven. But should you include a microwave? What about a dishwasher? Or a washer/dryer?

Each one costs you more money, but which ones will create inherent risks that will cost you MORE money? And what are the ways you'd end up losing that money?

So what appliances should the landlord provide? Who fixes them? If they break down does the landlord have to replace them? Can the tenant bring their own appliances?

 

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What if it doesn't rent? When should I sell?

You bought a BRRRR property. It's been a headache and is draining your motivation (not to mention your bank account). On top of all that, it's not renting.

What do you do?

At what point should you just hit the 'eject' button and just sell? 

Join me as I talk through ways to get your property rented fast and how to evaluate when to put a property on the market to sell!

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How long should closing take?

It's your first time closing on an investment property. Not only that, but it needs renovation work, exists in a remote market where you don't live, and you don't want to drive (or worse ... fly) to closing.

What are your options? And what should you expect?

Learn what to expect at your first closing - join me!

 

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What is Delayed Financing?

When making an offer in a hot market you have to move fast - but sometimes 'fast' means 'too fast for my lender to make closing'.

What do you do? How can you snag the deal without leaving ALL of your cash in the property?

Join to learn how to close on a property even if your lender can't make closing!

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Turnkey: What return should I target?

You can use a BUNCH of metrics to help analyze the potential profitability of a rental property - ROI, IRR, Cap Rate, Rent Multipliers, ...*drones on and on*...

Which one is best? What metric is MOST valuable when calculating your return for a Turnkey purchase? You'd need something that takes into account your initial investment and what you're going to make back, but that could be a thousand different options. On top of that, once you decide on the metric to use, what value of that metric should you aim for?

Join me as I tell you the answer!

 

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What's The Best Foundation Type

 

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What are the main types of foundations? What advantages do they have? Should cracks worry me? How does the type of foundation factor in my acquisition strategy and decision?

These fundamental questions are discussed in this segment. Come discover how the type and state of a foundation may be an opportunity in disguise.
 
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Tidal Wave of Renters and Foreclosures Coming

It's clear that COVID has altered the market substantially, and in many ways, irreversibly. We've seen the sharp decline of commercial property value, increase of remote work, and growth of tech-based companies to name a few. But, is should be know:

COVID's Biggest Impact on Real Estate is Still Ahead

With the foreclosure moratorium in place, the impacts of COVID on the residential real estate market have not been eliminated - they have simply been delayed. With the federal government attempting to give homeowners time to straighten out their financial positions, the sad reality is that many of them either can't or won't be able to adjust in time. This exposes a significant opportunity for new and experienced real estate investors alike

The Flood of Below Market Properties is Coming

Real estate investors should expect a tidal wave of below market properties and flood of renters to the market as the foreclosure moratoriums wear off. With the likelihood of the...

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How to Buy a House for $0

"How Can I Buy a House for $0??"

I get asked this question frequently - and yet - I don't get asked this question nearly enough. Most people assume that to be a real estate investor, you have to start with lots of money. The good news:  

You don't have to be wealthy to invest in real estate.

You can invest in real estate even if weren't born with a silver spoon in your mouth. How, you ask? Here are the 6 steps to buying a house with $0.

Normally you'd need 20% down to buy an investment property. But at some point that model doesn't scale. Even if you're in a market with properties at a median price of $100,000 you would still have to come to closing with $20,000 + Closing Costs. It's far too much to build a portfolio that allows you to reach financial independence. Where do you start?

Step 1: Buy a Cheap House

Buy a distressed property that needs some work. You don't want a property that's pretty, you want a property with potential. These...
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