Real Estate Sales Blog
Feb 20 How to determine what to pay for Investment property
Investors should know how to determine what to pay for an investment property. Of course the decision is subjective and depends on an individual’s tolerance for risk. The most important number for an investor to find is the Net Operating Income of an investment property. In a nutshell Net Operating Income is what an investor is buying and what the lender is willing to finance. An investment’s value can be estimated based on the projected rental income over a specific period of time. Investors and lenders both need to know that an investment property can pay the annual debt service… Read more
Feb 10 Major types of Loans available for purchasing real estate
A loan is a means of financing an expenditure. A lender views a loan differently, they see the loan as an investment and just like any other investor, they are looking for a profitable return on their investment. For a lender, a loan must generate enough income to be attractive as an investment, this income is realized through finance charges and interest charged. Your goal as a borrower is to find a loan with the best terms, meaning low interest rates and minimal finance charges. The three major types of loans are conventional, FHA and VA loans. A conventional loan… Read more
Feb 03 Types of listing Agreements
You should be aware of the most used Types of listing Agreements if you are Investing in real estate is a full time job and can take a lot of time and effort. As an investor you want to do whatever you can to give yourself the highest return possible. After you finish renovating your property you are probably going to want to list the home with a real estate agent. A hard working agent will give you the best opportunity to sell your home quickly. As I said, You should be aware of your listing agreement options and to… Read more
Jan 22 Encumbrances on real estate and importance of title search
In order to make money in real estate one needs to be able to buy low and sell high. In order to make this happen one needs to find a motivated seller, this seller has to be motivated and have clear title to the property. Title is the right to own land and the evidence of ownership of that land. There is no such thing as perfect title to land, but we need to make sure title is marketable and insurable in order for a deal to go through. Title to land does not require the absence of defects, but… Read more
Jan 12 What can I do with a Real Estate License and Do I Need One?
Investors always ask me if it is worthwhile for them to get a real estate license – the answer depends on each individual situation. Having a real estate license will ultimately save you quite a bit of money when you sell the property as you won’t need to pay the commission fee. With that being said, a good real estate agent is difficult to replace as they usually have many more potential buyers than you and many times can sell your house much faster than you may be able to. Of course, you need to find a good realtor first… Read more
Jan 05 Real Estate Investing is the smartest and best way to invest
Do you want to know which is the smartest and best way to invest your money? With the real estate market on the rise, everybody is wanting to get in the action and start investing in real estate. Where is the best place to invest your money? The answer really comes down to personal preference, your comfort level and how quickly you need to pull out your investment dollars. Your best course of action will be to research investment strategies to see which fits your situation and risk tolerance the best. Most folks will decide between stocks and real estate…. Read more
Dec 20 What do you need to know to start investing in real estate?
What do you need to know to start investing in real estate? The answer is dependent on whether you are merely looking to purchase or sale one house or if you are trying to make your career in real estate. Whatever you do, don’t try to learn everything about real estate in an instance, instead focus on a specific segment of real estate (commercial/residential/multi-family) and learn as much as you can about that portion of the market. Too many folks don’t get involved in real estate because of fear or not believing they have the funds to invest. Don’t let… Read more
Dec 12 How do I find Investors to help grow my Real Estate Business
Making money through real estate works and has been proven time and time again. Many agents are asking themselves: How do I find Investors to help grow my Real Estate Business? Well, investors usually specializes in different areas of real estate, such as residential, multi-family or commercial. Some investors flip houses for profit, while others hold on to real estate in the hopes of building long term wealth. Some investors advertise online, while others are found through word of mouth. If you want to find real investors, you have to go where they go. Most investors are very interested in working… Read more
Dec 06 How to find motivated sellers in Today’s real estate market (2017 – 2018)
How to find motivated sellers in today’s real estate market? (2017 – 2018) … Finding motivated sellers can be difficult but they are out there. The most important thing you need in this business is a motivated seller. We make our money on the purchase of the property and not on the sale of the property. To have success in this business you will need a reliable source of motivated seller leads. There are so many different groups to market to, whether they are pre-probate, tax delinquent, foreclosure or vacant home owners. There are a variety of ways to find these… Read more
Nov 29 How to flip a house for new investors
We wrote how to flip a house for new investors because people make money flipping houses every day, but the secrets to success start with really knowing what you’re doing. Finding a good house to flip is much harder now because the market is so strong for bargain-priced homes. Nobody is going to hand you a house for free. If you are new to the real estate business you will have many questions, ranging from funding to finding deals and everything in between. There are many different ways to approach your new real estate business but if you surround yourself… Read more