News and Information For Buyers And Sellers
Buying In The Path Of Growth
Buying in the path of growth, you can make
a large profit in a year or less. But get the timing wrong, and
you might have to sit on a property for years without sufficient
income to cover your holding costs.
There are reasons why towns have to grow
in certain directions. Sometimes it is a matter of geography.
It is difficult to put new buildings on the sides of steep valley
walls, or out into a lake or ocean. Sometimes it is a matter
of available...
(more) Real Estate Financing Techniques
Do you remember when real estate financing
meant you saved up enough to put 20% down on a house, and then
you got a mortgage loan for the other 80%? Well, you can still
do that, but there are many more options now. Here are ten of
them.
1. Gifting programs. In some parts of
the country, builders fund foundations that give you a portion
of the down payment, so you can get into a home with as little
as 3% down payment from your own pocket. FHA and...
(more) Rental Property Investment
Finding The Properties
Rental property investment starts with
finding the best deals. To do this, you can increase your odds
by finding more deals. Who's more likely to get a cheap apartment
building, an investor that looks through the MLS listings and
calls it a day, or the one that uses ten resources? Here are
those ten:
1. Look in old papers to find "For
Rent" ads. Call if they are a few weeks old. The landlord
may be ready to sell, especially if he...
(more) What To Fix On Your Fixer Upper
You've bought a house, a fixer-upper you
can make some money on. What improvements and repairs should
you make? First of all, you need to know this before you buy,
as I explained in another article. Before and after you buy,
though, you need to have some simple rules with which to start
analyzing possible fixes.
Return On Investment
A young couple was very disappointed when
I told them there house was worth $110,000. "We just put
...
(more) Real Estate Limited Partnerships
- Why Invest?
Real estate partnership, when set up as
limited partnerships, have some clear advantages. As a limited
partner, you don't have to deal with any of the management problems.
You just hand over your money and wait for the profits. Disadvantages?
As a limited partner, you have no control - you just hand over
your money and hope the general partner does a good job.
You might like the idea of a real estate
partnership. It is an opportunity to invest in...
(more) Credit Counseling vs. Debt Consolidation - Which is right for me?
by: Eric Quinn
Debt consolidation and credit counseling are similar services that assist individuals in getting out of debt.
Debt consolidation agencies help to minimize interest rates and therefore the monthly payments. The replacement of several monthly loans by a single loan at a lower interest rate and sometimes with an extended repayment period can be of significant assistance to a person in debt. A single...
(more) Real Estate Limited Partnerships
- Why Invest?
Real estate partnership, when set up as
limited partnerships, have some clear advantages. As a limited
partner, you don't have to deal with any of the management problems.
You just hand over your money and wait for the profits. Disadvantages?
As a limited partner, you have no control - you just hand over
your money and hope the general partner does a good job.
You might like the idea of a real estate
partnership. It is an opportunity to invest in...
(more) Moving And Relocating Tips
I know how stressful and chaotic moving
and relocating can be. We moved from one part of Tucson to another
in March of this year, and then in June we bought a home and
relocated to Colorado. Here are some of the lessons we and others
have learned.
1. Make and use lists. We all forget things,
even after remembering them several times. Put them on that list
during one of these times. Make a list of things to do before
the move, including getting school...
(more)
