News and Information For Buyers And Sellers Buying Rental Properties - 10
Buying rental properties can be a great
way to build your wealth. However, as in most real estate investment,
it is sometimes difficult to know if you've found a good deal
- especially the first time. Here are some things to look for
to be sure that rental is a great investment.
1. Location. If traffic is heavier, rentals
are easier to rent. A sign will often pull more response than
an ad in the paper. If it is a nice locale, it will usually rent
... (more) Real Estate Partners - A Good
We were looking for real estate partners
because we were new to the Tucson area. We found that two identical
houses here can be $50,000 apart in price if they are three blocks
apart. Also, the styles are different from anything we had in
Michigan, so it would be good to have some help figuring value
and what buyers want.
At the Arizona Real Estate Investors Association
meeting I announced that we had money to invest in fixer upper
real estate, and we... (more) Bad Credit Repair: Solving The Problem
Bad Credit Repair -- Solving The Problem
by: Alexis Dey
It is possible to fix your bad credit, with time, patience and determination. The first step in repairing poor credit is fixing any problems you may have with money.
1) Get a credit reports on yourself and check out what is on them. To get yours free go to www.annualcreditreport.com. You are allowed by U.S. law to get a free copy from each of the three major credit companies once every 12 months.
2) Once you have... (more) Rental Management - Do Your Own?
Rental management fees vary around the
country, and according to the property type. They can be as low
as 4% of the gross rents for large properties, to as high as
12% for single family homes. Managing your rental properties
yourself can theoretically save you a lot of money, especially
if you own a collection of single family rental homes.
Should you do it yourself, then? That depends
on the property, and on your own long term goals. Let's look
... (more) Nothing Down Real Estate
Nothing down? Exactly why would a seller
want to walk away from closing with nothing? The truth is, they
normally wouldn't, and that brings up the most important point
about real estate investing with no down payment: A seller almost
always needs cash at closing, but it doesn't have to be YOUR
Nothing Down - A Few Ways
Sometimes sellers are able to offer terms
and a low or no down payment, but often you have to find a way
to get... (more) Buying Houses For Sale By Owner
Houses for sale by owner, also known as
"FSBOs," are a unique case in real estate investment.
Buying from an uninformed seller who thought he knew enough to
handle everything by himself can be frustrating. It can also
be very profitable if you are prepared.
Why do people try to sell a house on their
own? Only one primary reason comes to mind: To save the sales
commission. Of course they usually underestimate the cost and
complexity of going... (more) Real Estate Inspection - Do It
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
Home Inspection Checklist
With a good inspection checklist, you won't
forget things. There are more than a hundred items on my own
list. Could you keep all those in mind as you walk through... (more) How To Make Money Note Brokering
By note brokering you can make money without
much investment (just time, phone, and advertising).It has become
a more competitive area, so it may be tough to get started. It
may be worth it, though, considering this is almost risk-free,
while potentially very profitable.
Real estate notes are the loan documents
(the contracts) created when real estate is financed. They include
mortgage notes, second mortgage notes, and contracts-for-sale.
If a seller... (more)