7 Tips for Getting Your Offer Accepted
Let’s face it, it’s a tight market out there! In most parts of the country, the real estate market has changed over the last couple of years from a buyer’s market to a strong seller’s market. The positive side of this is; whether you are an owner occupant or a real estate investor, it’s pretty easy to sell […]
Continue readingLow Cost Real Estate Marketing
Finding deals is what real estate investing is all about. Without a deal on the table, everything you learn is just academic. You’ve tried looking for properties with a real estate agent, but that did not bring many prospects, simply because everyone else is doing the same thing. In order to find a great real estate […]
Continue readingTaking Risks in Your Real Estate Business
It would be a great thing in business if we never had to take risks, but it’s a part of life and a part of the business. Businesses can face risks from all sorts of factors including; new and existing competition, market changes, antiquated products and procedures, partners, accidents and more. Not everyone is willing […]
Continue readingLease/Option Tips & Strategies
Lease/Options can be fun and profitable, but there are certain pitfalls. The following are some practical, legal and tax tips I have learned from doing many lease/options deals over the years. Protecting Your Option Lease/options are great, except when the seller decides not to live up to his end of the bargain. Sure, you can always sue […]
Continue readingThe Basics of Foreclosure “Short Sales”.
You will likely come across dozens of properties in foreclosure with little or no equity, that is, the seller owes at close to or more than the property is worth. In these situations, lenders are sometimes willing to accept less than the full amount due, commonly referred to a “short pay” or “short sale.”Negotiating a […]
Continue readingWhat is There to Know About HUD, FHA Loans and Title Seasoning?
With HUD properties, title seasoning, FHA loans, and short sales, investors have had some confusion regarding the rules. This article will help clarify all of these issues for you.HUD is the United States Department of Housing and Urban Development, a government agency whose goal is to increase homeownership, support community development. The Federal Housing Administration (FHA), which […]
Continue reading10 Easy Ways to Spruce Up Your Rental or Rehab
It’s easy to fix up your properties if you have unlimited cash. However, you need to keep your repairs to a minimum to stay profitable. You also need to keep your properties in good shape to attract tenants or buyers. It also has a lot to do with your knowledge of how rental properties work with […]
Continue reading4 Key Things You Must Know to Work Your FARM Area for Real Estate Investing
Real estate brokers generally have particular neighborhoods in which they work, rather than an entire city. Brokers refer to this as a “farm” area. You’d be wise to adopt a similar approach to your real estate investing business. The goal is to become an expert on one specific farm area, roughly 3,000 to 5,000 homes. […]
Continue readingBuilding an Investor List – It’s Magic!
Building an investor list is the key to success in real estate investing. The concept is simple – find a list of investors who buy properties, then go out and find the inventory to flip to such investors. Also, let these investors know that you buy houses, too. The more people who are in your […]
Continue readingOwner Financing Real Estate
There are many benefits for doing an owner-carry installment sale as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases, the transaction is “Win/Win” for both parties. In my home state of Colorado, these standards apply as they […]
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