Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.

Monthly Archives: November 2015

The Benefit of Staging

The Benefit of StagingWe know that using good real estate comps to make a solid bid on a property is essential.  Staging is another important aspect of any property sale.  A few pieces of well placed furniture can make all the difference in closing a deal.  What are your options if you don’t have the funds to stage a property?  Can you still make a profit from the sale of an empty house?  I would argue that yes,  you can.  Let me tell you a few ways to make that happen.

If you are unable to properly stage the listing, you need to make sure that you make the most out of what you have to differentiate yourself from all of the other vacant properties.  Make sure to use your listing to tell people what makes your property different and why they should consider paying it a visit.

By this, I mean mention the particulars: the size of bedrooms if they are really large, does the property have a large yard, a garden?  This will give a buyer a sense of the property.

If you have a small budget, be wise and focus on the important rooms in the property.  Bringing in rented furniture for the sitting area, master bedroom, and kitchen will help buyers imagine the rest of the property for themselves.  Taking time to stand out will help you get your listing sold for the price you want and sold quickly.  Using the HUD home site to educate yourself on which properties to pursue is always wise as well.

 

Making A Flip Work

Making A Flip WorkMany people are familiar with a property flip.  Using real estate comps to bid on properties, whether they are foreclosures or HUD properties is standard.

Buying bank-owned properties or REO properties in particular can be an excellent way to make money when flipping properties, for good reason.

If a bank owns a property, then the original owners no longer have a stake in it. This makes it much easier for investors to pick up the property at a lower than market value price. A bank will want to get the property off their books and into the hands of somebody who they can start making some money from in terms of interest payments.

Remember, the more you spend, the more you make.  Look for items and renovations that offer the best return on investment and then make sure to spend the money that needs to be spent to make the property as attractive as possible. This will attract higher bids and you will earn more money.

In the end, keep in mind that no matter what happens, there will always be a property market and there will always be people looking to purchase a new home. As long as you have the patience to keep working at it, and you can stay focused on proper finance management, you should be able to keep profits coming in for a long time.

Always Go With Wholesaling

Always Go With WholesalingThe idea of wholesaling real estate generally refers to finding a property, using real estate comps to put it under contract, and then assigning the contract to a new buyer. One of the most essential areas of wholesaling is securing good seller leads. It is this lead-getting skill that provides all of the leverage needed as an investor. The savvy investor has to continually come up with strategies to keep the deal flow going.

After your lead search starts working and you have new leads, it is then up to you to decide what is the best strategy for said property. For example, suppose you get a property in an area where the upside retail price is not very high, in relation to your purchase price. The question to ask is: Can the property undergo a surface rehab, which would be just right for a rental property?  Always remember that there is really no such thing as real estate activity on the national level. The activity in your backyard is what’s important.

I would urge you to keep this in mind when working to secure sellers, buyers, and to sustain projects.  Always have an exit strategy for each deal. Be flexible and willing to shift things in a rehab to make your end profit one that you will be please with.

Keeping Your Focus

When you are investing in real estate, you need to be sure that the property you are planning to acquire Keeping Your Focusis a good asking price, a quick search of solid real estate comps gets you started. There are plenty of other factors you need to consider as well. Let’s just focus on what I feel is the most important for this article.

I think we all know, location is going to be a prime factor. Where your investment real estate is located will determine how much you can gain when you rent or sell it. An up-and-coming part of town will benefit you multiple times over when compared to a part of town that is unchanging. It will also be a safer part of town, generally speaking, and that will make your property more desirable, giving you a chance to make a higher profit.  Up and coming areas with new growth like a major road or highway or a new big business coming to town are ideal to invest in, since that new business means more jobs, and more people needing places to live.

When you are ready, our HUD home store, will guide you to making the right choices for a profitable deal. Learning to stay focused on the tools you have in hand can give you success down the road.

Wholesaling Basics

Wholesaling properties is the safest, fastest, and easiest way of getting your feet wet in this profitable industry that has helped many people achieve wealth and freedom.Wholesaling Basics

Basically, wholesaling houses is when you purchase a property well below market value and then quickly re-sell it to an investor buyer at a reasonably marked-up price. Let’s take a look at how it generally operates:

Finding motivated sellers, a property auction, or website is ideal.  You should also take a good look at the property and make sure that you’re able to purchase the property for 40-60 percent or less of its after repaired value (ARV). InvestorCompsOnline is the best source to give the ARV information your need.

Make an offer and put the property under contract by using real estate comps to offer a competitive bid.  Although every market is different, there is a popular formula that successful real estate wholesalers use in order to determine the Maximum Allowable Offer (MAO) to make on a property. This maximum allowable offer is determined by discounting the after repaired value (ARV) of a house up to 65% and then subtracting the costs of any repairs that need to be made to the property.

The easiest way to find cash buyers for your wholesale deals is by simply listing your property on one of the many online marketing avenues.  Or perhaps driving the nearby neighborhoods and locating any home that is currently being renovated. Often, you will find that the owners of these homes are real estate investors themselves.

Ok guys, now it’s time to close the deal.  The beauty of working with HUD homes is that you don’t need cash or credit, and you never have to worry about renovating a property or deal with tenants. You simply find a good deal and a serious cash buyer and you have the winning combination for quick cash.  There is no better motivation than knowing that you will be walking away with several thousands of dollars from a minimal investment.