Real Estate Inspection - Do It Yourself
Why should you do your own real estate inspection? To get a better deal. It isn't necessary to learn building codes, and you probably should use a professional inspector in any case. The point of learning what to look for is to have negotiating points. Home Inspection Chec...
13 Extra Costs to be Aware of Before Buying a Home
Whether you're looking to buy your first home, or trading up to a larger one, there are many costs - on top of the purchase price - that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an un...
The Right Time to Buy Your First Home
There are many real estate market forecasts and predictions available - however the bottom line is that if you want to buy your first home—there is no wrong time. This is because the motivation to buy is not determined by regional market conditions or by location, but rather by yo...
How to Create a Simple Real Estate Business Plan
Becoming a full time property rehabber is actually a very easy process. So why do so many investors get it wrong, or even worse, do nothing? Simple: NO BUSINESS PLAN! Make no mistake about it: This is a business!. If you invest time and capital with the aim of...
Tips & Advice on Choosing an E-Lender/Broker
WHAT TO AVOID - WHAT TO LOOK FOR! • E-Lenders/Brokers who are solely web-based. These include mortgage sites that promise you three to four quotes on your loan. • Lenders that will not give you their loan officer's last name, cell phone or home phone number. ...
Sell Your Real Estate Notes
People sell real estate notes to raise cash quickly. A real estate note is just the loan document created when you financed the sale of your house or investment property. It could be a mortgage note, or a land-contract or contract-for-sale. The point is that the buyer is making pay...
Real Estate Investor Question: Rehab and Sell, or Rehab and Keep?
Here's another awesome question I received from my discussion board. The question; Why bother keeping property after it's rehabbed? Why not sell it after the rehab and GET PAID! Of course, the first questions that you must answer is how emergent is your need for quick ca...
Protective Covenants – Buying Land or Homes
In addition to zoning, some properties have covenants recorded at the courthouse that “run with the land.” These “protective covenants” can put a serious pinch in your plans for a piece of property. Protective Covenants A protective covenant remains in effect as...
Selling Your Home – What Can Go Wrong With Pricing and Loans
So, you're selling your home (house, townhouse, condo, apartment, land, lot, farm, ranch, etc.), what can go wrong? The sad fact is that a lot of things can go wrong. However, don't despair, there are almost as many solutions as problems. In this article, we look at problems rela...
Pricing Your Home To Sell
When you're selling your own property, whether it's a house, townhouse, condo, apartment, a finished lot, raw land, a farm, a ranch, or whatever, the first thing to get right is the price you ask for it. If you work with a broker, the legwork is done for you. When you work as a F...
LIGURIA, MAY 2004. In a small, hill-top village home, overlooking the sea in the Italian region of Liguria, one can find the heartbeat of a vibrant, new, online marketplace, which - up against some of the world's e-shopping giants
LIGURIA, MAY 2004. In a small, hill-top village home, overlooking the sea in the Italian region of Liguria, one can find the heartbeat of a vibrant, new, online marketplace, which - up against some of the world's e-shopping giants, like E-Bay and Amazon – is quickly becoming a for...
Fix And Flip - A Real Estate Formula
Making money with a "fix and flip" property is a great way to make money in real estate. However, it isn't about repairing drywall and planting flowers. It's all about how you do the numbers. People often buy and sell a fixer-upper without a definite plan. They buy a house...
Real Estate Appraisal - Do Your Own
For single family homes, there are two basic methods used in real estate appraisal. They are replacement cost analysis, and using comparable sales. A third appraisal method, based on capitalization, is used for income properties, and is covered in another article. In figur...
Negotiating the Sale of Your Home
Negotiating a successful sale of your home requires good communication skills. You must sustain the buyer's interest and trust during the process. Many of our clients have been very experienced negotiators, and from them we have learned that the goal is to reach a “good agreement...
Hard Money Lenders -- "No Money Down" The Easy Way
Would it help you as a real estate investor to be able to "Close For Cash in Days," even if you're tapped out financially? Hard money lenders are perhaps the best way to get 100% financing with easy qualifying, money for fix- up, and fast closings.