|
|
|
Free Real Estate Investing Articles |
| |
Private Lending -
How To Secure Unlimited Cash To Buy Real Estate Alan
Cowgill
Private Lending Expert Alan Cowgill Reveals His Secrets To Securing
Unlimited Cash To Buy Real Estate... With Special Guest Brian Bliss
This is Lee Parker with U.S. Land Company and I want to welcome everyone for
this very fascinating discussion with Alan Cowgill about getting all the funds
you need for investing in real estate. I met Alan three or four years ago at a
boot camp that we were both at...
READ MORE...
|
|
| |
Why
You Need To Start Investing In Commercial Real Estate Scott
Scheel
| People often ask me how I got started in commercial real estate,
and I tell them that it was a conscious decision for me. Most people who begin
investing in real estate start off with single family residential properties
because that is what they are most comfortable with. They tell themselves, "All
I need to do is a couple of deals a month. I'll make myself five or ten
thousand dollars, then at the end of a very few months most of my problems will
be taken care of." They do not really understand...
READ
MORE...
|
|
| |
| Rehabbing
a House from Start to Finish Steve Cook
| It is easy to be intimidated by the size of a rehab project,
particularly if you've never tackled one before. This chapter breaks down the
steps involved in completing a renovation from start to finish and removes some
of the mystery, and hopefully some of the fear, surrounding a renovation. I
hope you find it a useful tool when eyeing your next fixer upper.
Step One - Meet With Contractor and Define Job:
When starting a rehab, the very first thing that I do...
READ
MORE...
|
|
| |
| Twelve
Reasons NOT to Get Your Rent On the First Lou
Brown
| When I started in this buy/hold/rent/get rich business over twenty
years ago, I collected rent like everyone else did…on the first of the month.
Rent was due on the first, late on the fifth. After a few years, I started to
realize that this did not make a lot of sense. Some residents had lots of
demands on their first of the month check. I also realized I was not depending
on the rent checks to be in the bank on the first in order to pay the
mortgages. This meant I was fronting the money for the mortgage payment instead
of the property paying for itself...
READ
MORE...
|
|
| |
| What
Is A Fixer Upper? Steve Cook
| It always amazes me when I talk to beginning investors about the
homes that they are looking at and calling fixer uppers. They frequently tell
me stories of homes that they feel need to be torn down, and when I see them I
think they are in good shape, at least as far as a rehab is concerned.
But then I think back to when I first started in this business. I consider the
homes that I had been looking at and the difficulty I had in overcoming my
first investor purchase.
In my early days as an investor I pursued homes that today I wouldn't waste a
minute of my time looking at. I was one of those people who believed that this
couldn't work where I lived, and if I would have kept on the same path that I
started on, another casualty would have been listed in the book of failed real
estate newbies. I used to think that homes...
READ
MORE...
|
|
| |
| How
to Get Sellers to Deed You Their House Richard
Roop
| When a seller has little or no equity and good terms on their loan
I ask them "Would you CONSIDER selling the house for what they owe." By showing
them what they would net after selling through an agent, paying closing costs,
negotiating price, doing minor repairs, paying a commission and perhaps making
continuous loan payments until it's sold, many times they see that they will
net less than they think.
Then I add the facts that we can close whenever THEY want, they can sell "as
is", they won't have to place the home on the market AND they won't have to
worry or wonder when or if it will sell. All combined, it makes for a very
logical decision on their part. You can usually make a nice 5-figure profit...
READ
MORE...
|
|
| |
| Forbearing
For Motivated Sellers Scott Rister
| Many times your ability to turn a lead into a bona fide deal takes
time, perseverance and outside-the-box thinking. In the arena of
preforeclosures and short-sales it is definitely to your advantage knowing how
to facilitate forbearance agreements.
What is a forbearance agreement other than your ticket to BIG deals? All a
forbearance agreement boils down to in real estate is a lender working with an
individual defaulting in part or whole on their mortgage obligations. Your goal
as a real estate investor is all about creating "win-win" situations and this
technique fits that criteria very uniquely. Here's how this works and the first
thing you need to know right now....
READ
MORE...
|
|
| |
| Getting
More Income From Your Rental Properties Lou
Brown
| As a national speaker on the subject of property management I get
to talk to a lot of landlords. Many of them have purchased a collection of
properties over the years and enjoy the fruits of long term holding through the
pay down and payoff of their mortgages as well as the appreciation of their
properties.
Most of them see themselves as passive landlords who sometimes struggle with
tenant and property management issues. Some struggle with collections, letting
tenants pay late and slide by on late charges. Some struggle with raising rents
in fear that the tenant will move out and they will then have to deal with the
vacancy. Others don’t react when a tenant allows extra people to move in and
some close their eyes when the tenant moves in animals. They have not realized
an important fact. They are in the business of property management. Proper
property management requires that the landlord...
READ
MORE...
|
|
| |
| How
To Prevent Yourself From Getting "Screwed" By Contractors David
Lindahl
| Contractors are a reason that a lot of people are afraid to get
into real estate investing. They hear horror stories from other investors or
homeowners who got screwed by contractors and are shell shocked into believing
that the only thing that is safe to do is to Wholesale or Lease Option.
To those who are afraid of the big bad contractor, beware of the investor who
cries "wolf" because no matter what form of real estate investing you do,
sooner or later you will need to hire a contractor.
Whether your doing full blown rehabs, subject to, agreement for deeds, buying
apartment buildings, lease option or even wholesaling, you are going to need to
use a contractor and you want to know a secret...
READ
MORE...
|
|
| |
| Make
Thousands With One Sentence Scott Rister
Sometimes you can't see the forest for the trees and so maybe your
approach in real estate needs some "outside the box" thinking. Have you ever:
1) Not made an offer because you didn't know the total repairs needed on the
property.
2) Just didn't feel comfortable with your knowledge of property values to make
an offer.
3) Didn't know 100% for sure if you could close on the deal if your offer is
accepted.
What this all means is TRULY we're only limited by our imagination in creative
real estate. So, if you fit any of the above listed items...
READ
MORE...
|
|
| |
| Nine
Steps to Quick Cash: The Anatomy of a Wholesale Flip Steve
Cook
| Wholesaling properties for quick cash is something that anyone can
do, even the beginning investor. In this article, I would like to give a brief
introduction to the world of wholesaling, going over the nine basic steps that
are involved in flipping a property.
Step 1 - Make your offer
Whether you pursue FSBO's (For Sale By Owner's) or properties listed on the MLS
(Multiple Listing Service), you’re never going to be able to flip a property
unless you first make an offer. In making your offer, you need to keep your
customer, the rehabber, in mind. It should be based upon a conservative
estimate of the market value of the property after repairs less a profit margin
for the rehabber, money for closing costs (both for buying the property and for
reselling it to the retail buyer), money for holding costs, money for repairs
and last but not least...
READ
MORE...
|
|
| |
| The
Basics Of Turning Ugly Houses Into Gold Robyn
Thompson
| I have made thousands of dollars by taking ugly houses that nobody
wants and turning them into nice homes that people want to move into. There is
no real magic involved, just a few basic principles that you must follow.
You must first determine what the value of the house will be after you have
completed the renovations phase. This is a term called "Market Value" or "After
Repaired Value". Realtors and appraisers are the best source to help you
determine what the home will be worth. The second critical factor...
READ
MORE...
|
|
| |
| Think
Like The Rich and Never Be Poor Again Larry
Harbolt
| The difference between the rich and the poor is mostly between
their ears. That's correct you heard me right, between their ears. The rich are
generally not smarter, they don't have more hours available each day, they are
not stronger, or luckier than the poor. The difference is the way the rich
think opposed to the way the poor think about money. The rich understand...
READ
MORE...
|
|
| |
|
|
|
|
|
|