Earl

I'm a:	Real Estate Professional
Company:	Summit Real Estate
Location:	Salt Lake City West Jordan
Web sites:	Summmit Real Estate
Phone:	801-568-2570

8 Answers
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2 First Answers
4 Useful Answers

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About Me

In addition to running a Real Estate Brokerage, I also coach Real Estate investing to students from all over the country. I have coached for Robert Kiyosaki, Carlton Sheets and Robert Allen, three of the biggest names today helping people to find success in Real Estate.

I have numerous creative programs to help people get involved in Real Estate. I have helped people with No Money to put down and No Credit to buy investment homes. Prior to Starting my own Brokerage, I worked for several Real Estate Investment Companies, including as the VP for a R.E.I.T. At one time I oversaw a portfolio of close to 5000 apartment units and 1,000,000 S.F. or Commercial Real Estate.

I believe I have the skills and the knowledge to help with your Real Estate Issues. Want to invest? I can show you which markets are performing and which are not.

Call Me at (801) 568-2570

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Earl's Questions (0)

Earl's Answers (8)

I'm thinking of listing my duplex. What's the average for current time on the market for O'Fallon?

Asked Fri Apr 11 2008, 09:35 by Dawn - O Fallon - Home Selling - 2 answers

Earl answered:

In todays climate buyers of income property are only buying if the price is right. If you are in a market where prices are flat, or going down, like most of the country, the only way a buyer gets any return on the investment is if he gets cashflow.

In order to get cashflow, your rents need to be at or above 1% of your asking price. for example $1000 pre month rent on a $100,000 asking price. If you list properties at a price that they will cashflow, there are lots of buyers out there waiting to buy and lots of money around the country looking for thowe type of properties. If however, your property is over priced, meaning that it does not cashflow, it will sit for a long time. - Fri Apr 11 2008, 09:42

We were due to close on a foreclosed property today- the 11th of April, 2008 and the title company isn't

Asked Fri Apr 11 2008, 09:18 by Mrs. Watkins - All locations - Home Selling - 6 answers

Earl answered:

In a contract ther are only two parties, you and the seller. The title company is not a party and as such not obligated to follow those deadlines. Most state approved real estate contracts have a clause that the mortgage company and title company can not be held to the deadlines.

Check with your agent or an attorny and see if you may be able to cansel, but usualy things from a non party are not grounds to cansel the contract. - Fri Apr 11 2008, 09:37

I have bad credit but want to buy a house in about a year what could I do now to help that happen

Asked Fri Apr 11 2008, 06:17 by Morales Fami… - All locations - Home Buying - 12 answers

Earl answered:

Try a lease option. It gives you a chance to live in the home you want to today and not have to qualify for the loan for a year or two. This can be a very good oportunity to get into a home and start building equity, without having to qualify for the loan. A year from now when you need to re-finance, you have a track record of paying for that home. - Fri Apr 11 2008, 09:31

Question removed

Asked Sat Mar 29 2008, 17:27 by Miami Buyer - Miami - Home Buying - 4 answers

Earl answered:

If your contract was conditional upon your getting financing and your lender writes you a letter stating that you can not get the loan, you should be given your deposit back. - Sat Mar 29 2008, 17:30

I am a California Licencsed Real estate Broker ,I have a client who is intrested in writing an offer on an

Asked Fri Mar 28 2008, 21:45 by Sar - Carlsbad - Agent2Agent - 13 answers

Earl answered:

As I understand it, her right to get a commissio is dependent upon her contract with the bank. Your right to get paid a commission is dependant upon your contract to share a commission through your MLS. I believe if you are not a member of the local MLS she does not have to share it with you.

Writ an offer and include an escrow instructions that specify that you are entitled to get the commission. Make the deal conditional upon the bank agreeing to your getting the commission. - Sat Mar 29 2008, 17:22

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