Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!

Monthly Archives: March 2011

The Rundown On Networking

We all know that  real estate comps drive the market.  That being said sometimes it’s not what you know but it’s who you know.  And in an effort to get you and your business’ name “out there”,  let’s look at some tips for networking in the real estate field.

General Tips and Rules of Networking

  • When you exchange business cards with someone, be sure to send them a “Nice to meet you” within 24 hours after the meeting (assuming it was actually nice to meet them – if they were a jerk or gave you negative vibes, no need to take things further).
  • Be yourself, be positive, and show integrity – don’t pretend to be something you’re not.  Famous writer Oscar Wilde has a great quote worth living by: “Be yourself; everyone else is taken.”
  • The key to networking is to give first – give, give, and give selflessly.  The seeds that you sow in your giving will definitely reap a harvest for you. So figure out how you can help others first.
  • Jot some notes down about the conversations you had with people on the back of their business cards (once you’re not with them anymore!) – interesting things about the person or their business. This will help you remember the person and your conversation; which is great for follow up.
  • Keep in touch with valuable contacts you make – but don’t be a stalker.  If you really hit it off with someone whom you’d like to get to know better, offer to take the person to lunch.  Long conversations over food can be very revealing.  Offer helpful information to the person via email occasionally to keep the conversation going.  However, I stress…don’t be a stalker. In fact, it may seem obvious, but generally just don’t do anything that would bother you if it were done to you.

Using these networking tips will help you get your name and your business out there and ultimately reach your goals as a real estate investor.

The DON’T List! Part 2

Today I want to talk about five more items on the list of things NOT to do/look for when property searching.  We know that real estate comps help determine the property selling price, those comps can also reflect the shortcomings of properties as well.  Let’s take a look at some more of those things that can affect the value of a property.


6.  A bad/damaged roof

A good roof is considered standard equipment on a house.  If you have a damaged or bad roof, unless you plan to repair/replace it(which can be expensive), you will most likely take a hit on price.

7.  Bad Location

If a property is in a bad area, which could mean anything from a unsafe neighborhood, to next to a highway or utility lines, buyers are less likely to be interested.

8.  Poor Maintenance

If you notice something that needs repair, fix it.  Otherwise, people will subtract the cost or not make an offer on the house. And if people think the house hasn’t been taken care of, they will wonder what else they’re not seeing.  Which will either get you low ball offers or none at all.

9.  Environmental Hazards

Basically lead, mold, etc….these are not only dangerous to the buyer but they also kill the property sale.

10.  Long Improvement List

When buyers are looking at homes, most are looking for properties that are move-in ready, not properties that require alot of additional work upon move-in.

Ok guys,  hopefully these 10 items will give you and idea of what to look for or should I say look-out for when scouting properties.  Remember if you have doubts about a property, chances are your buyer will also!!!

The DON’T List!

Many investors have a pretty good hold on the things that should be done to make a property sell.  Using good real estate comps to determine the selling price is at the top of that list.  But is there a list of things that can reduce the value of your property??  Of course there is!  Take a quick look at some items that you want to consider when researching properties.

1. Having a pool

Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.  Having a swimming pool will automatically limit your market when it comes time to sell, he says.  Pools are constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and unfortunately the liability is high.

2. Small garage or no garage at all

Most buyers will look for at least a two-car garage,  unless the property is a condominium, in a historical district, or in-town.  Even a one-car garage could be a problem as well.

3. Inconvenient Floor Plan

Small rooms and bathrooms, or an odd floor plan or layout that may require you to access bedrooms or bathroom through other rooms can also detract value.

4. Outdated appliances/systems

Broken, outdated or worn appliances are always a negative since buyers focus specifically on these items.  All buyers want appliances and plumbing systems that work and look nice as well.

5.  Old or Too Overstated

This is an item that pretty much speaks for itself.  Too loud paint colors or overly done staging will turn the buyers away as well.

Looking  for these things when property hunting can save you money in the end.  In my next post,  I will be going through five more items that you want to avoid when checking out properties for investment!

Bulk REO Advantages

In this current economy, the opportunity to be a millionaire is yours, if you become a Bulk REO (Real Estate Owned) investor. Bulk REO’s are foreclosed properties owned by banks that are packaged together, and sold at steeply discounted prices. Ordinary people can benefit from this new real estate concept because banks no longer want the “financial headache” of paying property taxes, hazardous insurance, utilities, and maintenance costs attached to these distressed properties. Banks, and other lending institutions, are not in the business of managing properties. They provide hard money (aka cash) and credit to clients; therefore banks have no financial gain by having properties on their books. Now, depending upon real estate comps, you have the chance to buy these bulk REO’s at a fraction of the cost. 

Traditionally, after a property becomes repossessed and classified as REO (Real Estate Owned), the bank will attempt to resell the property to the public. The problem in this economy is the overwhelming number of foreclosed properties, compelling banks to seek non-traditional ways to get rid of their “toxic assets”. Selling properties in Bulk REO is the most efficient way for banks to balance their financial books while remaining in compliance with Federal and State bank regulations.  Our investors use their InvestorCompsOnline membership everyday to intelligently analyze their packages and even “cherry pick” the properties they prefer. Many prefer InvestorCompsOnline to any other form of data collection as it available via the Internet and iPhones; which make them accessible “on the fly”.

This scenario creates tremendous opportunities for you to become one of the new millionaires in this recession!

A Glance At Bulk REOs

Buying and selling bulk real estate owned properties is an option for many investors because of the relatively large return on investment that can be realized. The spread – or difference between the buying price and selling price – is often upwards of $50,000, and can reach into six digits on a regular basis. This is in direct contrast to individual REO properties that may result in a small spread after maintenance and other costs are considered.  It is as simple as studying real estate comps for a specific area and taking heed of those comps when making your offer.

As you can see, selling REO by the bulk is a promising enterprise – but becoming a bulk REO trader is not without its risks. While you can usually get into regular REO sales with your own capital, being a bulk REO trader requires having access to large amounts of funds, since you are dealing with multiple properties at once. 

As a result, access is fairly limited to those who can obtain funding. However, the possibilities are definitely there, since there are plenty of venture capitalists, hedge funds, and other large investment groups willing to fund a bulk REO investor.  When dealing with these large corporations you want to be knowledgeable and prepared to make deals happen quickly.  InvestorCompsOnline gives you a fast reliable accurate way to analyze bulk REO packages.

Staying on top of the trends in the real estate investment field are important when one is focusing on growing their business.  InvestorCompsOnline is here to help you every step of the way with property valuation and training to make your deals turn in to sales!