Sourcing Properties for Investors

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  • ram
    replied
    Here is the most simplest and instantly usable today, Saturday, 10th, June, 2017. without the need to pay for, or learn to use.




    see below



    It's what I use, and it never runs out of power, never breaks down, never mysteriously intermingles files, never have to defragment it.
    You can of course transfer the data to a computer in text.

    Absolute simple procedure.


    .pen-n-paper.jpg
    .
    .
    .
    .
    .Here is also my database split into regions...........Text only and pictures


    PEN-N-P2.jpg


    .Am I being annoying ? probably.
    But I don't use databases, well I do, but not one you are looking for, as paper files that are instantly available without a computer are great.
    Try the old "access". It used to come as a package from Microsoft, eventually, and contained Word, Excel, Access, each sold for £ 320 for each of the 3, many years ago., so why should I pay £ 1000 for above 3 when paper ( initial records ) does fine, and computer files text and pictures are fine too.

    use above to start today to record your property details, then its there when you find the programme that suits your record keeping / leads.

    Leave a comment:


  • Zinnia
    replied
    I look forward to hearing from any professional sourcers for a recommendation as to what CRM/database system you use to record all the property details and investors' details. That would be most helpful.

    Leave a comment:


  • theartfullodger
    replied
    Originally posted by AndrewDod View Post
    You mean like ketchup?

    How do you apply the sorce?
    + 1....

    .....................

    Leave a comment:


  • ram
    replied
    You get on your bike, go see the properties, have a good brain with common sense and KNOW what is wrong with the properties when you look at them.

    I fly 4000 miles to view property, as looking at photos that could be 3 years old, is no good at all.
    I see the area, talk to the neighbors, get an inkling as to whether it's a good or bad area.
    If bad area I tell people not to invest.

    That's YOUR job if you are advising on how good the property and neighborhood is.

    If you just want to go by what other people tell you, and not every one is honest, then you could end up with nice photos, but when you visit, you could see something like the following ( Yes, it's extreme, but it happens ) and many U.K. investors have lost thousands in mainly overseas investments.

    blight1a.jpg

    Leave a comment:


  • AndrewDod
    replied
    You mean like ketchup?

    How do you apply the sorce?

    Leave a comment:


  • Zinnia
    started a topic Sourcing Properties for Investors

    Sourcing Properties for Investors

    Hi All

    I've decided to set up a sourcing business and would appreciate it if anyone can tell me if there is a database/CRM system specifically for sourcers/agents?

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  • Reply to Tenant vs licensee
    by doobrey
    Agree with the above.

    Ven, I would advise you to politely but firmly request immediate refund of the fee that you paid. If there is resistance, quote the Tenant Fees Act 2019.

    Assuming that the agency you have been dealing with is a letting agent, it is required by law to be...
    17-08-2022, 10:24 AM
  • Tenant vs licensee
    by Ven
    Hello,

    Long storry short, ive paid booking fee to one agency, and after finishing reference checks they send me agreement, where im being described as licensee and they as licensors.
    This wasnt mentioned anywhere in the spareroom advertisement.
    is it possible to cancel the booking...
    16-08-2022, 13:47 PM
  • Reply to Tenant vs licensee
    by jpkeates
    Not only are you right (and I am, therefore, wrong), but I've made the same mistake before.

    Apologies!
    And thanks for the correction....
    17-08-2022, 07:15 AM
  • Reply to Tenant vs licensee
    by DoricPixie
    The Tenant Fees Act 2019 does not just apply to Assured Shorthold Tenancies. It also applies to licences to occupy so providing we are talking about a property in England you should not have been charged for the reference check. The penalty for a first offense of breaching the Act can be as much as...
    17-08-2022, 06:45 AM
  • Reply to Tenant vs licensee
    by doobrey
    It is a strange setup if an agency is describing themselves as a licensor. Generally, an agent acts for a landlord (or perhaps licensor). Typically they do not let their own property. Some do, but in that case they are a business and seem very unlikely to be a resident landlord, in which case a lodger...
    17-08-2022, 06:00 AM
  • Reply to Tenant vs licensee
    by jpkeates
    I don't think they can object if you say no, it's not what you thought it was from the advert.
    I don't think they can do anything (other than maybe not rent to you in future - but I don't see why they would do that, I'd bet this has happened before).

    I'd ask for a draft tenancy agreement...
    16-08-2022, 16:51 PM
  • Reply to Tenant vs licensee
    by Ven
    How can I peacefuly decline to sign their offer?
    is there anything they can do to harm me?
    how can i stop this occuring in the future? Perhaps i would need to ask to see draft of tenancy agreement before paying holding deposit?...
    16-08-2022, 16:32 PM
  • Reply to Tenant vs licensee
    by jpkeates
    No, but I think you're overthinking it.

    If they have the right to enter your room at any time, it is trying to be a licence agreement, not an tenancy.
    But my guess is that they make their money letting rooms not taking fees for referencing or non-returnable deposits (although they'll...
    16-08-2022, 16:27 PM
  • Reply to Tenant vs licensee
    by Ven
    Thank you for this response.
    i agree with you. The contract they send me includes many different behaviour violation, which would result in termination of the contract, also they have the right to enter the property and the rooms at any time without any notice..
    all that just indicates to...
    16-08-2022, 16:20 PM
  • Reply to Tenant vs licensee
    by jpkeates
    Technically it doesn't matter what the agreement says it is, the reality is what determines if its a tenancy or a licence.
    But that won't help you if they lock you out in the rain one day because you've upset them somehow.

    They sound a bit dodgy to me, so I'd walk away.
    Whether...
    16-08-2022, 16:04 PM
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