Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!

Monthly Archives: May 2011

What You Need To Know!

Want to build a real estate empire? Do it now! But not just any investment will work – you have to know what the best property to invest in is, and how and when to purchase it. Tax sale properties are easy to find with the help of good real estate comps, and easy to buy:  after the foreclosure auction.

If you’ve heard from other investors about the great deals at tax sale, they may just be trying to thwart you. Deeds are sold to the highest bidder – and this ensures you’ll never pay more than retail value (or close to it). Not only that, but you can’t inspect the property, or finance it – you have to pay for your purchase immediately, sight unseen. The last straw? Owners usually pay their taxes off before you get it.

You’re still going to be able to get great deals on tax property – just a different way. The best time to buy property is after the tax sale, at the end of the redemption period – directly from the owners themselves. Owners that still aren’t paid up are usually those that are letting the property go on purpose – because they don’t want it anymore.  It will be easy to buy their properties cheaply.  

You’ll often find these owners live across the country, and that this is a second home, or inherited home, that they just don’t want to deal with anymore. It’s easy to get these deeds – just ask if you can have them. Offer to pay them for their time, in signing the paperwork.  Then the exciting part – redeem the property, and it’s yours! Or sell immediately, and let the new buyer pay the taxes.

Admit it… this is the best way of getting property you’ve ever heard of. Use this technique, and you’ll be able to buy tax sale property hand over fist – and with the economy creating a lot of foreclosures, it’s the right time to dive into the business.

Making The First Impression

In these days of a poor housing market, these buyers know from checking real estate comps that they have lot of houses to choose from. Therefore, why would they waste their precious time looking at a seemingly neglected property? So, before you put your property on the market, try to dress up the outside. The following curb appeal tips may help you to achieve your desired goals. Remember, constructing a beautiful curb appeal does not have to be an expensive undertaking.  

Understandably, the first thing that people see is the outside covering of the home. Covering the entire structure with a new coat of paint is probably the one thing that will quickly upgrade the curb appeal of the whole property. Painting the front doors with a complimentary color is like adding frosting to a plain cake; it just makes it seem to come alive. Closely check the garage doors, making sure that they are not damaged in any way. All of the outdoor lighting fixtures should be in excellent working order. The driveway must be in first-rate condition; no visible cracks, pot holes or crumbling areas. Do not forget to check the rooftop; making any repairs that are necessary.

Old or abandoned sheds should be broken down and discarded in the proper way. It is very important that all of the trees and bushes be neatly pruned and trimmed. Remove or replace any of them that are old or about to die. If any of the tree limbs hang over the roof, they should be removed. Large shade trees that provide protection for people, as well as many other kinds of shade-tolerant plants, are a welcome sight to most people.

Needless to say, the grass must be neatly cut, the flower beds should be free from any kind of weeds and they should be well populated with a variety of beautifully colored flowers. If possible, line your sidewalks and driveway with some kind of solar lighting. This will give any potential buyer a sense of security when he or she comes to investigate the interior of the home.

Taking these tips and putting them into action will bring more buyers to your property, and ultimately gain you the sale.  Making sure these are taken care of are a part of the steps needed to be a successful in the real estate investment field.

Real Estate Investment: Weighing The Good And Bad

When you have good real estate comps to follow, real estate  is considered a wise investment due to its appreciation over the years, thereby ensuring your capital growth. Moreover, it offers investors lucrative business opportunities, benefits and financial security.

During the onset of the recession or economic crisis, seldom can you find the right investment vehicle to venture into. Some individuals fear to invest in real estate because they believed that it requires technical knowledge. Some people believed that this investment is complicated, costly and requires lots of hard work. Despite these fears, there are still some who are interested to venture into it because its advantages outnumbered its disadvantages.

Advantages of Real Estate Investment:

1. Tax benefits – You can claim several deductions from your tax return, like maintenance and repairs, rates, loan interests, real estate agents’ fees and property depreciation.

2. Safety – It is a safe investment because of the constant and increasing demand of real estate.

3. Negative gearing – You can claim tax deductions from it because the cost of keeping the property is more than the income you gained from it.

4. Long-term investment – It serves as a long-term investment for property owners because you can fund them until your retirement.

Disadvantages of Real Estate Investment:

1. Vacancies – There are times that property owners will experience vacancies in their rental properties due to tough economic conditions.

2. Bad tenants – Sometimes property owners encounter delinquent tenants who fail to pay their rent and leases on time. More so, some even refuse to leave the property even if it is past overdue.

3. Capital gains tax – It is a tax implemented by the federal government on investment appreciation and payable disposal.

With all the facts and information presented above, you can weigh in carefully whether to buy or not to acquire a real property.  Take note that as you gain experience in the field the advantages list grows.  Take the initiative today and make your mark in the real estate investment arena!

It’s A Skill Not An Art!

Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.  Once you value that property using solid real estate comps, it’s time to buy, that’s when the money comes in.  This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of skills from even dipping their foot into the market.

The whole knack of real estate is that you, as the investor, do not necessarily need to have a single penny to your name provided you have the skills necessary to bring together the elements required to close a successful, profitable sale and make money for others who do have it but do not possess your skills.  

These are private investors eager to get into the real estate market but baulking not at the cost involved but at their lack of knowledge and their inability to acquire it.

This is where you come in. I know from direct personal experience that there are many investors out there looking to connect and if you are new to the business you need to work on two fronts. First you need to actually attract private money and convince them that you are the right person for the job and second you need to work at closing deals and creating a reputation.

The first part is relatively simple. Private money can come from almost any quarter. From friends who want to invest, from family members who have spare cash, from colleagues, from recommendations and referrals, from business contacts and from business acquaintances.  Identifying who these people are, where they may be and how to approach them is a matter of developing the necessary skills. I can tell you that you neither have to be as charismatic as JFK nor as holy as Gandhi. You just need to know what to say and what skills set to present and then you’d be off and running.

This way, raising money to fund your real estate investments will allow you to leap several steps in your road to total financial independence. In the process you will generate wealth for many of the private investors, create a name for yourself and make your job of finding future opportunities that much easier. Not bad for learning a few skills, right?

Investment Tips YOU should know!

When dealing in the real estate investment arena, it’s just as important to know your way around the basic investment ideals as it is to have good real estate comps.  Today I want to run through some investment tips that you should keep in mind when deciding to become an investor.

An investor should decide whether his investment goals are long term or short term. As the investor keeps paying the mortgage amount, his mortgage becomes less and his equity in the property increases which adds to the overall net worth. If an investor does a real estate investment for short term he can earn a decent profit.

Good location also plays an important part while investing in a property. When you plan to buy or rent a property, the first thing that comes to mind is this is a place where someone is going to want to live. You can improve the property but can’t move the location. Try to choose a property in busy towns or cities rather than choosing in a country setting. There are more people in towns so there will be more demand for your property.

If you find foreclosure property or HUD repossessions then you get a good amount of profit from the property. If you want to find good places for bargains, take a look at local newspapers, courthouses and real estate investor websites that will enlist all types of properties. Before selecting a property, check whether the surrounding areas are well maintained. If the neighborhood is run down or there are many boarded up houses, it may not be a good bargain after all. 

Take time to study the property. Take your time to become familiar with the property. Do a thorough analysis of the real estate before telling “yes”. If you find certain complications in the property then it would be better to say “no”.

Sharpen your negotiation skills. Find out terms that are used by agents and sellers. This will help you in knowing what the other person is telling and not get confused. An investor should have good negotiation skills.

If you follow this real estate investment tips while looking for a property you will be able to achieve your goal of increase in net worth and generate a positive cash flow.  Happy Investing!