Friday, June 1, 2012

Real Estate Knowledge to Achieve Success

By Peter Vekselman  

 

   Real estate knowledge may be the most important aspect of creating a fulfilling real estate career. It doesn't matter what type of real estate business you want to partake in, you need to have knowledge to prevent you from making mistakes. This type of knowledge can be found in many sources and it is up to you to find the right advice to help you and make your business stronger. 


  Most of the real estate knowledge many people will acquire comes from years of experience. You can obtain this knowledge without putting in the time by taking advice from longstanding, professional people that have found success. You can often follow someone if they have a blog or website and they often offer tips of tricks that they have found to be successful.

 


   Real estate knowledge can also be obtained from a course or class offered at a technical school or community college. There should be a number of advisers available to help you decide what courses will help you and which ones are not necessary. This can help you from wasting precious time that could be spent learning valuable things.

 


    Another way to gain real estate knowledge is to do your own research online. You can even take an online course in real estate and enroll to take it in your own home on your computer. This is a great way to gain knowledge on your own time. If you have a full time job you have to maintain, you may not be able to attend a day course. An online course provides you with the flexibility to participate when it is convenient for you.

 

 

 

Real estate knowledge also involves knowing what you want from this business. There are many questions you have to ask yourself before you begin. You will want to know if you are going to go into business by yourself, or if you will partner up with another person. This is where a good business plan can go a long way. You will not be running around in circles wondering what you are going to do next, you will have a clearly defined plan.

 

 
   One of the most important parts of being successful in real estate is to have good knowledge. If you take the time to gain the skills needed, you will not make mistakes that could potentially harm your career. Real estate can be an exciting career if you know what you are doing.

 

 

 


 












Monday, May 28, 2012

Finding The Right Mortgage Loan

by: Bill Marinelli

Even though the mortgage crisis has made things a little bit harder for borrowers, you can still find a lot of lender when you’re looking for a mortgage loan. What matter nowadays isn’t about finding a good deal on your rate as much as it is finding honest lenders that will offer you loans 
that you can afford.  

Most of our economic troubles stem from the fact that a lot of lenders offered loans to individuals who weren’t able of pay by them in the long run, and this has lead to lots of people in the process of losing their homes at the present time. Nowadays when you’re looking for a mortgage, you need to look for a lending expert that will first tell you what loan products you can’t have, and then focus on those that apply; this is how you can tell apart credible lenders from more unethical ones.

What happened was that, when everybody seems to be purchasing house, mostly of lending experts weren’t completely honest with their clients in regards to their adjustable rate mortgage, and the result was bad loans that turned into absolutely foreclosures. The lenders weren’t looking out for their clients as much as they should’ve been being more interested in short term gains of getting their clients into loans that start out with low rates but then a couple of years down the road turn into trouble. Now a lending expert has to take a careful look at what will happen to the customer in the future.

In this insensitive economic climate, the ethical mortgage lenders are working hard to regain the reputation lost by the bad ones, but they’re facing an uphill battle because the names of every single one working in the mortgage business was damage by those who gave out bad loans. It will take a lot of work and a lot of time to repair that perception.  

 

However this doesn’t mean that there aren’t professionals out there, working in an ethical way that carry good products that help their customers, professionals that will work more in the interest of their customer rather than their own, because that is how you create a good reputation for yourself. You need to look for a mortgage lender specialist that will put customer service first, because they know that that’s how they’ll find more work in times to come, through referrals and word of mouth. Also, a mortgage expert is someone who will make sure that his/her clients remain credit-worthy homeowners throughout their loan. The mortgage lending professional nowadays is one who looks for the option that will work best for their customers, whether they’re planning on selling their house in a couple of years or plan on living there for many years to come, and most of all they’ll be selling reasonably priced mortgage products because if it sounds too cheap to be true then it is not true. 

 

This mortgage crisis has knocked out the bad mortgage out of the race, but this doesn’t mean that everybody out there should take anything that they get offered. A potential borrower needs to look for a lender that is trustworthy, professional, with years of experience in dealing with ethical loans, so that they can receive the best advice possible when it comes to loan products. You need to look for mortgage expert who is honest enough to tell you the truth, what you can’t afford and what you can, and which one to choose depending on your situation

 

 

 

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Tuesday, May 22, 2012

Real Estate Investment - Still a Great Option for the Long Term Investor

by: Matthew Honsberger

Investing in Real Estate is a great start to any assortment, but what is the best way to do it? There are a number of different decisions, and we will go through some of them here.


First that seems to get the most attention these days is the "Flip". With the appearance of shows like "The Big Flip", and "Flip This House", this Buy, Renovate and Resell strategy is the 'sexy' option for most real estate investors right now. 
       


However, there are a few things to consider before you go about this. The first thing to think about, of course, is where are you going to find the property that is priced well for the flip? There are a few choices for investors – first, is to contact a good Real Estate Agent and have them scan all listings for you for any that are undervalued, priced as is, owned by the bank or foreclosure company, or any other good opportunities that might be on the market. Your Real Estate Agent is your best friend in this respect, as they will be very motivated to find you the best property, and will be very vigilant, if for no other reason than they know you will be reselling the property at some point pretty soon! When looking for Properties to Flip in your area, remember that the same rules apply as to your own home - three things you should look for is Location: Properties that are in Downtown Areas are often the easiest to resell, however, more expensive than suburban properties. Look for houses on popular streets, in good neighborhoods. If you are buying into a worse neighborhood, make sure you are factoring that into your price of purchase, and projected resale. The other Key factor to the Flip is that you must ensure that you don't price yourself out of the neighborhood. For Example, no matter how nice you make your small bungalow in an area of starter homes, don't expect to resell it for 50% more than anything else in the area! Ensure that your renovations don't bring the price too high. Finally, understand that the higher price bracket you try to flip, the longer it is going to take to resell, and the higher your materials costs will be. You need to consider all of this and much more before considering the flip.


The other main strategy that you can use to add to your investment assortment in the real estate world is the rental property. Rental Properties offer two different qualities - income and capital gain. Your rental property can offer you a monthly income over and above your monthly outlay of expenses (mortgage, utilities and taxes). Even if your rental property doesn't offer you a huge (or any) monthly income, remember, you are also earning a capital gain on the property, as it is very likely to increase in value... just like your personal home is. All of this should be taken into consideration when deciding on a property. However, with Rental property, the most important consideration is always the Tenants that you have. A great looking, well maintained and located property can still be a nightmare if you get a bad set of tenants in there. It is important to do stringent interviews, check references and draft a strong lease agreement. You should also familiarize yourself with the Nova Scotia Tenancy Act. Finally, you need to decide what kind of rental property you are going to run. Do you want to rent to students? Young Professionals? High or Low Income? Students offer payment by room, which is often higher than you could command for entire flats, but you have to consider that they will likely not care for the building very well, and might not have the rent each month. Additionally, you have the concern of them bailing out on you once school ends for the year. Young Professionals will often be very easy to deal with, will pay their rent on time, but will also be very perceptive about how much they will pay, and are likely to be there for only a short period of time. Your Rental portfolio must always account for at least a 5% vacancy rate (in the good times), and must still generate money for you with that in the equation.

 

You should seek out one that you feel can be an informative and trusted adviser. They will work in conjunction with your financial planner as well, to determine what the best course of action for you is. As always, you should feel comfortable with whatever investment you make!



















Wednesday, May 2, 2012

Creating an Excellent Advertising Efforts to Your Real Estate Buyers

In Real Estate business, it is hard to know how and what to do to promote the property you are selling. Some people may tell you to appeal to anyone who may be interested in buying a property, and others will advise you to hold back on advertising. Making an advertisement on your property directly to the specific groups of buyers, and also knowing when and where to advertise is an advantage.

 


If you have a lot of excellent properties to sell, the most effective way to list them is, you need to figure out what kind of buyers you are going to be appealing to. Are they young, old, investors or land buyers? Once you decide on a group to focus on, you can start the process of listing your properties. If you are appealing to a group of investors, you are going to most likely want to do a combination of different advertising techniques. You are going to want to do online advertising, as some investor buyers are not even interested in looking at the property. You are also going to want to highlight the numbers and details of the property because that is usually what they are going to focus on.

 


Online advertising is great to reach the younger group of buyers, or those who spend a lot of time in the internet. You can reach many buyers by using modern online advertising tool such as social networking websites, auction sites and your own website. Social networking website like Facebook is a good online advertising tool that you can use in promoting your properties in the internet. If you want to sell your properties through online auction, eBay is the best online auction website that you can make use of. You can also create your own real estate website, just make sure that your website is presentable and have informative content. Make sure to regularly post updated articles about your real estate properties so that your buyers will have something to read, and search engines have something to look into and index.

 


A lot of people start out shopping for real estate online, therefore the more that you put into your website and listings on the internet, the more buyers you have a chance of capturing. One important thing also is to keep working on other forms of advertising, such as open houses and events, where you acquire the contact information from everyone who comes. You can then follow up with them at a later time. Focusing on a group of buyers at a time, instead of taking a more broad approach can help increase your sales and business.

 

 - Jack Bosch




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Friday, April 27, 2012

Learn The Secrets And Tips Of Real Estate Investing

Thousands of people are making millions of dollars by real estate investing. Those who have money to invest right now will find that real estate investing is the best place to put your money. The stock market is no place to invest money right now. Real estate investing is a great way to invest your money if you do it wisely. The time has never been better to make money in real estate than it is right now. The prices of real estate are low and are certainly going to go up in the future. The real estate market has many homes that are bargains so you can invest and make money.

 Real estate investing is not difficult if you learn what to do. Many people make the mistake of investing in property based more on their own feelings than on actual solid marketing principles. To better understand real estate investing you should learn as much as you can before you start putting your money into it. Many people have learned the hard way and have made poor investments just because they didn't know what they were doing. A good old-fashioned mentor can help you when you want to buy and sell real estate.

 

 

 

MENTORS give people secret information and tips that they have learned over time. Mentors are not easy to find today. Instead you can try taking a seminar. A real estate investing seminar assists you in finding out the knowledge you need to know but that would take years of experience to get. You could also try the latest answer to seminars - a webinar. Webinars are seminars that are held online. They allow you to access the information conveniently from your own computer.

 

 

 

THE INTERNET is a great place to learn about the real estate investment business. Try to gather as much information as you can by reading articles. Make sure that the articles are from experienced people. Getting bad information is always worse than if you had not gotten any information at all. Think about the authors of the articles and be sure that they are reputable. Try to stay open-minded when gathering knowledge about real estate investing.

 

 

 

Look for the most RECENT INFORMATION AND ARTICLES that you can find since real estate investing has changed quite a bit in recent times. Choosing information that is current will include things about the latest types of property sales such as foreclosures and tax sale properties. Arming yourself with pertinent information will allow you to make the best decisions for buy and selling houses. Be sure to remember common sense investment ideas while you are deciding on real estate investing property.

 

 


WEBINARS are certainly the best place online to gather information. The best real estate webinars give you lots of tips and pointers and are presented by some of the best and most successful real estate investors in the country. 

 

By: Alex Pardo

 

 

 

 

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Monday, April 23, 2012

5 Good Reasons To Consider Mortgage Refinancing

Mortgage refinancing may be a great opportunity to restructure your finances and raise much needed money for home improvements or a large family expense such as a wedding. The mortgage refinancing market is a very competitive market at the moment. People no longer keep a mortgage until it has been fully paid off. Here we take a look at the various reasons for mortgage refinancing and the options on the market available to you today. So what are some of the reasons for thinking about mortgage refinancing?


To 'fix' a lower interest rate

 

As you know, interest rates are at an all time low at the moment. However, a few mortgage experts are predicting that rates will begin to rise in the coming months and years. This obviously means more expensive mortgage repayments. By remortgaging your variable rate mortgage to a fixed rate mortgage refinancing you can protect your repayments against any rises in the interest rate for several years to come.


To find a mortgage better deal

 

Is your current mortgage rate the best one available ? The market is very competitive these days because so few people are considering mortgage refinancing compared with past years. Mortgage refinancing providers and lenders are very keen to attract new customers by offering special offers to those who mortgage refinancing with them. As well as a lower interest rate and therefore lower monthly repayments, remortgaging could offer special deals such as no repayments for three months, money saving vouchers, cash back offers , free days out, leisure deals and other 'freebies' depending on the provider you choose.


To consolidate debt

 

Today, we as a nation and indeed worldwide are in debt to a level never seen before. Even Governments are not immune! Easy access to relatively cheap credit providing the temptation to 'live now and pay later' has fueled this trend. However the money must be repaid eventually. Credit cards are a very expensive way of 'long term' borrowing. Taking out a mortgage refinancing which is big enough to cover your mortgage and your other loans and credit cards will help your finances. This usually leaves you with a smaller single monthly repayment to make which is ideal. This is the aim!



To change your mortgage type

 

What might have been an ideal mortgage a few years ago when you initially took out the mortgage might not be the most suitable for your current circumstances. You may wish to change from an interest-only mortgage to a capital repayment one. You might want to take advantage of some of the more recent features of mortgages such as flexible payments or offsetting. Mortgage refinancing can give you the chance to choose a package which suits you current needs.


To Release Equity

 

As house prices have increased over the past two decades or so, some people find they have a large amount of equity in their home - the difference between how much their house is worth and what the current outstanding mortgage balance is. Taking out a mortgage refinancing will pay off your current mortgage and also give you some extra money. This is an effective way of unlocking some stored capital, providing you with cash for home improvements, a holiday, wedding, or any large expense. It is very often cheaper to raise the money with mortgage refinancing than, for example, by taking out a loan.

In Summary


Mortgage refinancing may seem like the perfect way forward for releasing money and restructuring your finances. It is essential to seek the advice of a properly qualified mortgage adviser if you are unsure and arm yourself with all the information you need to make the right decision for you. It is very important to remember that the decision to mortgage refinancing is to be taken seriously. You could be putting your home at risk if you make the wrong decisions now. There are many mortgage refinancing advisory and mortgage refinancing companies available so do your homework and shop around. The ball is in the customer's court at the moment so make the most of it.

 by: Ashton Field


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Wednesday, April 18, 2012

Real Estate Liens

When we say real estate liens, a lot of people seem too overwhelmed because they are not aware of it. They think that it is too complicated for them to understand and only a real estate agent will be able to understand it. However, since you will be investing in the real estate market, it would be better if you really understand the different terms that are being used. Learn more about realty liens and the things that you need to know about it by reading this article. We will be discussing it briefly to help you learn more about it.

 


When we say real estate lien, it simply refers to the interest that the lender will be charging to a person. This is a form of bond that will continuously grow until the full payment for the mortgage has been made. We can say that this is a way for the lender to protect himself and to be sure that the borrower will be paying his debt within the given time frame. Liens are not only found in realty liens transactions but in almost all processes wherein debt and loans are involved.

 

In other states, the term real estate lien refers to a security bond wherein the ownership of the property won't be transferred to the person until the full payment for the mortgage and interests are discharged. This can either be voluntary or involuntary, depending on the state where you got your property. This will serve as the safety net of the lender and will ensure that he will be getting the amount that was taken from him within a particular time frame and without losing anything in return.

 


To make it simpler, real estate lien refers to anything that the lender will get as an assurance that the borrower will be paying his debt in time. Although there are a few technicalities that are associated with it, you still need to be sure that it won't be hard for you to deal with these liens. This is the reason why getting a realty agent or a realtor is very advisable for people who are getting into transactions.

 


There are different ways to translate real estate liens, so it would be better if you are going to get an agent or realtor who can explain the process to you. There are a lot of other things that you need to know about it, and having a professional who can give you advises based on your situation would be very beneficial for you. This will not only help you make a more educated decision, but will also help you determine the best options that you have when getting into realty transactions.

 

 By:  Gabe Cole 

 

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Monday, April 16, 2012

Real Estate Remains A Strong Investment

Opportunities to make big, quick profits in residential real estate tend to come and go in cycles. When a local market is hot, families may find it possible to buy a house at an attractive price, fix it up, and watch its value rise in just a few years.

 

When the same local market is at the low end of the appreciation cycle, reaping a profit on the family home can take a good deal more time but the reward can be just as satisfying if price and location and carefully considered.


Even in uncertain economic times like these, history shows that real estate is one of the soundest investments a family can make. During the Great Depression of the 1930s when the stock market plummeted as much as 89 percent, housing prices dropped only 39 percent. According to most of the research on housing trends, prices continually stay at the same level as, and most often appreciate faster than, the rate of inflation. Housing prices actually rose an average of 10 percent during the recessions of the mid-1970’s and early 1980s.

CENTURY 21 statisticians report that the rate of home appreciation since 1990 has been around five percent nationally, with inflation hovering around four percent. Homeowners, obviously, are still staying ahead in the real estate game on average.

And, with mortgage interest rates the lowest they’ve been in two decades, real estate today is a more attractive investment than it’s been in years.

First-time buyers are the big winners in this environment. Drawing up a budget can help you and your family decide on what you can afford. Once you’ve determined a price and picked your desired community, shop around to find the best house you can buy for your money. This strategy can help you realize greater appreciation two or three years down the road.


This is also a good time to purchase a second or vacation home. A bargain cabin in the woods today might bring an excellent return when housing prices move upward. Affordable second-home prices also allow you to purchase a vacation home that can serve as a stepping-stone to a larger retreat in the future.

But appreciation isn’t the only advantage to buying a home. The federal government thinks home ownership is so important to the future of our country that it allows mortgage interest to remain the last substantial tax shelter for families. Owners can also take deductions on their property taxes. And, the profit on the sale of your home remains tax free as long s you buy a house for a greater or equal price.

So before you decide that this is not a good time to invest in residential property, re-examine the financial benefits of owning your own home and put them to work for you. 

 

 by: W. Troy Swezey

 

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Thursday, April 12, 2012

Things to Consider When Looking for Property for Rent

Property rental business is so promising these days but before you jump in and start working, there are some main information to take note. Having a rental property is a good investment which can last for a long time. This can assure more earnings and consistent collection of money. Since this a rewarding business as time goes by, it will greatly help you to be consistent,  so consider the following tips:

 

Buy only what you can afford 

 

There is a secured loan involved in rental property. You must be fully aware of your financial situation so as to buy only what you can afford. This will save you from uneasy situation wherein you have to face extra charges or fees on your loan. If you are a first time, consider the lesser expensive home and once you are used to it, you can go for more expensive properties that you think will yield good result.

You will have different expenses such as down payment, loan closing and the amount that will be covered between what the tenants pay and the mortgage loan. There are instances that renters can no longer pay or at the worse will not pay, you will be the one to shoulder the mortgage.

In owning rental property, you must consider the total mortgage payment that you will be paying if the house will stay empty for a long time. Aside from these expenses, unexpected costs may also include repair and ongoing maintenance of faulty fixtures. As an owner, you must be responsible for all the necessities of the house and therefore, it is a must to pay special care and attention on it.

 

Check if the location is good

 

Most of the renters work or have business around the area of their homes so the better the location of your "for rent" property, the better. This will make it more attractive to potential renters especially if the neighborhood has a very good reputation. It must be appealing to your target market, say for example some colleges, malls, companies or park.

The location has a great effect whether the house will stay vacant or not. If you are lucky to get one at the center of the city, there is a great chance of getting more interested buyers.

 

 Mortgage loan

 

There are different terms applies on it so select the best deal applicable to your goal. This may require you to speak with different lenders to discuss the changes in rate and other details.

 

   by: Oliver Darraugh

 

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Thursday, April 5, 2012

Save Yourself From Foreclosure


Foreclosure! The word can strike terror in anyone's heart. It happens when a person has no way of paying installments and the bank thinks there is no other way to get funds. 


But this is not necessarily the last resort. Before the bank decides on a foreclosure you should examine your financial situation. 

What It Means? 

If you are losing out on the financial front and are likely to default on payments or have already defaulted a couple, you will need to look at the option of short sale. Foreclosure means that you have a permanent mark on your record. Because of it, your FICO score falls down drastically. 

This type of property short sale remains on your record for a period of 10 years and is open for anyone who has an internet connection. For example, a prospective employer can run a credit check and view your foreclosure records. This can create a negative impression on you. If you apply for a loan at a later date, this record might discourage banks. 

Benefits Of Short Selling 


If you are thinking of short sale foreclosure, the former is a clear winner. In a short sale, your credit record will only show that you have sold at a price which is slightly lesser than its original cost. It will not change your FICO score drastically. 

Before your financial situation turns bad you can check out this option of short sale foreclosure. Many firms offer to help and sort out a solution for your problems. They will complete all the formalities on your behalf and see to it that you come out of these circumstances better off than you were. 

When you feel that you have no other option in front of you, you are in dire need of funds or have recently lost your job and have no way of keeping up with the mortgage payments then you are better off selling the property than losing it in a way that will permanently mar your record. 

When you are looking at the option of short sale foreclosure, you will be in control of all the proceedings. To help you with this long and lengthy procedure you can use a professional firm who will negotiate with the lenders on your behalf. They will take care of all the paperwork and show the lender how they will benefit from this short sale. 

Losing out on your home is a highly stressful process. But it is better to lose through a short sale foreclosure where even though you lose your home at a lower value you are comforted by the fact that you are in control of the whole process. 

The Benefits Of Using Professionals 


The benefit of hiring a professional short sale services firm to take care of these proceedings is that they have the knowledge and expertise to use the methods which will give results. They can handle the extensive paperwork with ease and inform the seller when there are any decisions to be made. They have their own experts like realtors, attorneys, and negotiators who can handle any volume of work. 

With the help of these experts, your short sale foreclosure experience will be smooth and you can emerge from this situation wiser and more knowledgeable.

Author:Rich Griffiths

Tuesday, April 3, 2012

Learning To Invest In Foreclosures


There is lots of talk these days about foreclosures. Investing in foreclosures can be a big money maker when it comes to real estate investing niches. While investing in foreclosures results in large profits when you choose the right house, there are pitfalls that you must look out for before you buy a foreclosure. There are a lot of other factors to consider. 


A foreclosure occurs when the owner defaults on the mortgage. The bank has to start the process of taking the property that was pledged as security for the homeowner's loan. If the homeowner can't remedy the situation by paying the bank any money that is then owed, the property will likely make its way to public auction where it will be sold to the highest bidder at a sheriff's or trustee's sale.

When you are investing in a foreclosure, the first step is to determine what you are doing with the property. Do you plan on flipping it for a profit? Are you going to keep it as a rental? This will determine what area you should look in when searching what type of foreclosure properties you're interested in pursuing. 

The main factor to consider when you invest in a foreclosure is to know the law in that jurisdiction. There are laws that vary from state to state and county to county that govern foreclosures and if you violate those laws, accidentally or purposefully, serious consequences will follow. 

A lot of the home study courses and infomercial gurus advise buying a foreclosure and then renting the property back to the homeowner with the hope that they'll repurchase it at a higher price in the near future. 

Do not do this! One of the highest risks a real estate investor can take is letting the previous owner come back and reclaim their property because they misunderstood what you had agreed upon. In most states, you, the real estate investor, is the "bad" guy - you lose! 


Besides, would you really want a tenant in your property that has a history of not paying their bills? Of course not! You should always run a credit report on the potential tenant no matter what their excuse is today. However, many beginner real estate investors as well as many experienced foreclosure investors do that very same thing each day and pay a high price for doing so, oftentimes losing their investment completely when a judge declares that the transaction was indeed a usurious loan instead of an option to repurchase. 

During various stages of foreclosure, you can make a deal happen between you and the homeowner in default, wait and purchase at the auction, buy after the auction or many other more sophisticated strategies. If you intend to buy a property at the public auction, know that in some states, the law sets a certain time frame for foreclosures to become finalized commonly referred to as a redemption period. 

If you're considering investing in foreclosures, it is highly advisable for you to find out if and how this law potentially affects the ownership and possession of the property in your local area. You may think you own the property, when in fact you are a temporary caretaker for a set period of time. Once again, know rhe law! 

If there is a redemption period, the homeowner could be working out a deal with another investor or attempting to sell the property in some other manner without you even being aware what is happening. This can obviously have a big impact on what you do to the property during the redemption period, even if the property is vacant at the time of the auction. 

You could find yourself investing in foreclosures, putting money into them, only to lose all of the profit you thought you had coming to you. You are buying real estate foreclosures to make a profit. Act like it and treat it has a business! 

Many real estate investors look at investing in foreclosures as a sure bet to increase their wealth and or portfolio but fail to realize the potential pitfalls that await them. Knowing what to do as well as what not to do will save you a ton of money and headaches as you progress into the arena of investing in foreclosures. 


When you finally decide to buy real estate foreclosures, the bottom line is always to make a profit. A good rule of thumb to follow is only consider buying a foreclosure if you stand to make at least a 30% profit no matter what happens. That way, you'll never have to worry whether or not you should make a deal or not. 

Once you learn your local market for investing in foreclosures, you will find yourself keeping an eye on which properties are headed to foreclosure and how to potentially make potentially high profit deals happen on a regular basis. You will also begin networking and becoming familiar with other investors in your area. 

Finally, do not do everything yourself, especially if you are just starting out in the business. You should actively seek out someone more experienced than yourself to model. 

And remember, that education and specialized knowledge are key as well as taking massive action on what you learn along the way will guarantee your success as a pro real estate investor! 

Author: Richard Bleuze














Friday, March 30, 2012

Using Real Estate Investor Websites

To become a successful real estate investor, it requires you to have a consistent and effective marketing system in place to drive continuous leads from not only sellers, but also buyers and private lenders. 



The marketing you have in place will directly affect the amount of deals you have in your pipeline, and that will directly affect the number of deals that you close on and produce a profit. 

While there are many very powerful ways to market your business offline (i.e. direct mail, bandit signs, print classifieds, etc), there are much more effective ways to market online. 

Using the internet and real estate investor websites as a marketing medium not only allows you to test and measure your results almost instantly, but it also allows you to automate the process completely so you are not involved in the process other than managing the leads that are produced. 


Here 3 quick examples of how you could market online to find motivated sellers as well as build a buyers list for your properties very quickly… 



1) Use Google Adwords and create a geo-targeted search marketing campaign to attract people in your local area that are searching for targeted keywords like “sell house fast”, or “buy foreclosures”, then link back to your website with a feedback form to be completed. 

2) Post an ad on Craigslist for a property that you have for sale, and mention that you have other discounted properties for sale and then link back to your website with a feedback form. 

3) Create an account on Facebook and submit friend requests to all the real estate related professionals in your area. For example search for friends who are realtors, mortgage brokers, real estate attorneys, title insurance agents, surveyors, etc. Then when you have a property for sale you can post a comment there and redirect them back to one of your websites with more info on the property. 


But where this all comes together is in how you collect these leads. To make this a fully automated process you will want to try and pre-screen your leads so when you do talk with them they are qualified and ready to do business. 



The way you do that is by having a simple web page on your website that has a form on there that can be completed by your site visitor. And when they submit the form have their details saved to an email auto-responder like aweber.com to automatically follow-up and educate your prospect on your services. 

That way when they call you, they are already on board with what you are looking to do… whether that is to buy their property using creative financing, or to sell them a discounted property, or even to borrow private money from them to do deals. 

You would want to create a separate site like this for each prospect type you are marketing to so you can increase the conversion rate of the form submissions. For example, you would have a web page specific to sellers, with a form submission and auto-responder for seller info… a separate one for buyers, and another one for private lenders. 

Author: John Schroeder



Monday, March 26, 2012

Benefits of Real Estate Investments Strategies



Real estate investing has offered investors much better returns than most other investment options. Real estate investment is one of the safest investments available. The security of real estate investments is becoming more and more increased these days. 

Real estate investment is a safe way to start making your personal wealth and retirement finance provided if you act wisely. Real estate investing offers excellent long term returns and sometimes even short term gains. Real estate investing can bring you high profits if you follow certain tips. 

Many countries offer wide real estate investment opportunities. Real estate investors can easily find excellent profits in rentals, rehabs and high-end properties. Buying properties to use as rentals is very successful real estate investment strategy. The high-end properties have powerful demand among real estate investors, especially in the most desirable areas, such as Paris. The most successful real estate investment strategy is rehabs. Rehabs are also the most risky form of real estate investments. If there is huge demand for finished real estate properties, the opportunity for real estate investors increases widely. Finished real estate properties provide excellent opportunity for real estate investors who are willing to rehab and then rent or sell properties. Real estate investors who want to sell a property after grasping it for only a few years can benefit from this type of real estate investment strategy. Real estate investors who rehab properties can either sell or rent the rehabbed properties for a worthy premium. Real estate investors can buy a run-down property in a main location at a cheap price, remodel or modernize it and then resell or rent it successfully. 


Flipping, Bargain purchase investment strategy, Increase value investment strategy, Double-digit cap rate investment strategy, and Commercial Real Estate Investment strategy are the other real estate investment strategies. 



Flipping involves buying and selling real estate property without actually taking ownership of the property. Flipping enables you to make money with real estate without possessing the property. Bargain purchase investment strategy involves purchasing real estate property for at least 20% less than the current market value. Increase-value investment strategy involves buying a real estate property for its current market value, remodeling the property in order to increase its value by at least 20%, and then selling it. Double-digit cap rate investment strategy involves buying a property having a capitalization rate of 10% or more. Commercial Real Estate Investment involves buying commercial properties that are bigger than a 4 unit apartment building. It is better for the real estate investors who are beginners in the field to avoid commercial real estate investment strategy. 


On the other hand, if you have experience in real estate investments, you can go for commercial real estate investment as the competition is much less. 



Different real estate strategies require different amounts of time. For example rehab is really time-consuming. Real estate investors must not choose a time-consuming investment strategy if you cannot spend much time for real estate business. Some real estate strategies require huge amounts of cash. For example, to buy foreclosure properties whereas buying a property at auction requires little or no cash. The different real estate investment strategies provide different benefits. It is up to you to choose the strategy you feel more comfortable with. But make sure you choose the right strategy that best suits you, and work accordingly.
Author: Jeff Adams


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