Posts Tagged ‘real estate investor’

Real estate investing is tough at the best of times. What about the worst of times. Is it possible to invest profitably in real estate when the market is like it is right now?

The real estate market is in meltdown right now. House prices are plummeting, foreclosures through the roof, people living in their cars and houses selling for $1. I’ve been watching a lovely 4 bedroom home in Florida that is listed on eBay right now for a starting bid of $1.

Real estate investing success relies on a few simple parameters. Rising house prices and good rental returns. If an investor can secure a house that will rise in value over time and returns enough rental return to come close to covering the expenses of the mortgage and other holding costs, then that investor will, over time, make a profit.

Ideally the rental returns from the tenants should exceed the costs of holding the property, and it is then in positive cash flow, and the investor makes a return on investment both from the income from the property and from the capital gain as well.

It’s all pretty simple really. There’s dozens of real estate investment seminars around, however that’s the basics. If you buy a home for an investment, and the value of that home goes down over time, you’ll lose money.

If you’re making a loss on the rental return over time, you’ll also lose money unless you can sell that home in the future at a price that is sufficiently higher than the purchase price to cover the rental losses and make some return on capital.

Simple stuff. But hard to achieve, even in the best of times. When the market is good, like it was up until a while ago, you made money if you we’re a good real estate investor. If you chose well, bought well and tenanted the property well, you were in front.

Not any more. The basic premise of real estate investing is rising home prices. If you’ve got rising home prices then you’ve got a good chance of doing well. Buy just about anything and by default you’ll make money.

Now prices are falling.

So right now there are no real estate investment opportunities right?

Wrong. There are good real estate investment opportunities. But if you’re trying to find them yourself you’re almost guaranteed to fail. There are some professional real estate investors now who are trying, and if you’re a professional investor with significant real estate investment experience you may do well. Or you may well do badly too.

But if you’re beginning real estate investing now you’d be better to stay out of the market. Unless……

Imagine for a moment.

A solid American public corporation, experienced in real estate investment. Well capitalized with a well thought out proven strategy for investing in real estate regardless of market direction.

The corporation invests in buying homes in demand. Not your McMansions that are on eBay right now, but the sort of houses that millions of working Americans live in right now, or need to live in. Basic properties that exist in their millions right over the US.

With sufficient capital it can buy hundreds of homes at a time. From government, charities or any organization that owns large numbers of homes in a single area. And because it can buy like that it can buy at way below market value. Hundreds at a time purchased in a suburb with all the right characteristics including high demand for rental properties and, in some cases a backlog of demand for up to 15 years.

Then it refurbishes those homes to a high standard. While doing so it spends money on the suburb building parks and playgrounds and community facilities. And within a period of time a suburb has been totally transformed. New community attractions, high quality homes that people want to live in. Suddenly everyone wants to live there.

Up to 40% of the profits are ploughed back into the local community.

Demand rises, people want to live there, both to rent and buy. The corporation has created it’s own capital gain, regardless of market direction.

And then it sells these properties to individual investors. No money down, loan provided, tenant provided with a rental guarantee. Immediate equity to the investor of around 15%. The investor owns the property and can hold it or sell it and keep 100% of the profits.

Now that’s successful real estate investing in a bad market. But it takes experience, commitment to a community and to the investors, and a solid background of real estate experience, and a lot of capital.

Sound too good to be true? Maybe it’s not.

Want to know more about profitable, sound, turnkey Real Estate Investing? Visit Peter’s Website Win-Win Real Estate Investments and find out more about no money down real estate investing at http://win-winrealestateinvestments.com/

Author: Peter Alderton
Article Source: EzineArticles.com
Tissot virtual reality

Trying to sell your house in today’s slow market can certainly be a frustrating exercise, with real potential to push you into desperation. The situation can be much worse when you are looking to sell the house to meet an urgent need – say like where you are looking to sell your house to pay a pressing creditor (who is threatening to take possession of the house and sell it for a song to get back their money) or looking to pay for a medical procedure, aware that any delays in getting such a procedure performed could lead to a situation where it is too late to have it performed anyway.

In all these situations where you are getting desperate to sell your house, one of the best options available to you is selling to or through a private real estate investor. Private real estate investors – and there tends to be plenty to choose from in any city – can be identified by those ‘looking to buy houses’ signs they normally put up in the press or at strategic places on streets.

Granted, the private real estate investor may not offer you the exact price you would have wanted (as many tend to be quite tough brokers given to pushing really tough bargains), but they do – in most cases – tend to offer a better alternative to having an auctioneer sell the house to recover the debt (where it is likely to be sold for a song anyway, just to cover the debt), or having whatever the urgent and pressing need go unattended to.

But as you consider seeking out a private real estate investor to help when desperate to sell your house, you need to keep it in mind that not all of these real estate investors are legitimate – and even among those that are legitimate, not all are competent or fair in their dealings. And naturally, going with a private real estate investor who is either incompetent or unfair could see your sense of frustration and desperation at selling your house deepen even further.

Meanwhile, even as you engage with private real estate investors to help you in selling the house, there are some steps you can take towards making your house more ‘saleable.’ Trying to sell a house that is in a state of complete disrepair could, for instance, be off-putting even to the private real estate investors who are typically more inclined to look beyond the exteriors than the other categories of home buyers. Yet there are simple repairs you can make at minimal cost – and thereby increase the appeal of the house to potential buyers significantly.

Thinking in terms of making your house more ‘saleable’ another step you can take is to reassess your requirements in terms of a purchase price, and see whether they are realistic (given the state of the real estate market you find yourself in – and forgetting, for a while, what you paid for the house). This is because trying to sell a house for a price that buyers feel is too high can only push you deeper into frustration and onto depression, especially in a ‘low’ market.

If you are really desperate to sell your house, get in touch with agents at http://www.repaymortgage.co.uk/. They will help you to sell your house quickly.

Author: Jamie Gram
Article Source: EzineArticles.com
Healing food: natural way to cure cancer

Yes, it’s true! Unfortunately, you cannot invest in every legitimate and the not-so-legitimate Millionaires million dollar blueprints and home-study-course…

In the interest of full disclosure: Understand, I’m a both a HUGE believer and supporter of GURU style education. This is the vehicle that I’ve personally used to become a millionaire and as well, currently, teach and share my closely-guarded system with my prospects and students.

For the sake of laying my cards on the table, I am not a fan, of Johnny come-lately’s and “Me Too” style of wanna-be gurus, that tend to promote the BUZZ word of the month, with absolutely no accountability to their students or clients.

That’s why this article is so very important! Most so-called guru’s sole priority is separating you from your cold-hard cash.

I’ve shared some of my perspectives, let’s move forward…

First, let’s be frank, if you’re 110% committed to becoming a Millionaire Real Estate Investor, your chances of success without either a teacher (i.e. boot camp style) or a 1st class mentor in your hometown or area, who is successful in your desired field of investing (i.e. wholesaling for quick paydays or being a foreclosure consultant/investor) are slim to none or as good a chance of someone with talent winning American Idol.

Not many people, can buy a book from Amazon.com, read it and then go out and become a superstar investor, because there’s just too much information that cannot be covered in a book.

From my own personal experience, I can tell you the individuals whom have invested their time and money into a legitimate Boot Camp, have had both the quickest and greatest success.

My personal definition for “success” is based on how quick they went out and created their paydays, using what they’ve learned from the boot camp.

For this article, I’m going to assume you’ve attended at least 1 paid for seminar or boot camp focused exclusively on investing in real estate. Also, you have some basic knowledge of “How the business works and how you can get paid”.

#1 Criteria…

Will the Guru’s boot camp or product, specifically add a key component to my business and success in real estate…right now?

This is one of the most important criteria, because it’s commonly violated by new investors. You see them attending a boot camps on pre-foreclosures, rental properties and becoming their own hard money lender.

That’s brilliant, they’ve done nothing other than confuse themselves, not knowing which direction to start on. Sure, they are all attractive wealth vehicles. The REALITY is that they’ll never start making any money because their running in circles.

If you do invest in the Guru’s product, you must be sure that it will immediately be the missing link for your business. For example, you are strictly focusing on
pre-foreclosures, and until now, you have moderate success.

You find a guru’s boot camp focusing on “How To Become a Champion Visiting Owners In Distress”. This boot camp specifically ties directly into your success in Pre-foreclosures, because the stronger you are at building rapport at the sellers doorstep, the more deals your going to close, therefore your income will explode through the roof.

Criteria #2

If you’re going to invest in a seminar… You must be sure that it is in fact a true seminar. Many of these events tend to be a “sale-a-thon, multi-speaker event” disguised as a seminar.

This has become a huge problem in our business. Many investors have become burnt out on sale-a-thon type events. You know what I’m talking about. The one’s where they herd everyone into a room and the speaker gets everyone extremely excited, explaining what to do, but not HOW TO DO IT. But if you buy their $999.00 course, you’ll learn that step. The worst experience is thinking that you signed up for a real boot camp, only to find out that there’s a new bonus speaker every 2 hours, who only wants to pitch you for their flavor of the month, home study course. Especially when you paid to go to the event!

I’ve been to great multi-speaker events, and I understand what’s being offered to me. They’re usually weekend events, with 5 to 8 speakers each day, who present their info for 90 minutes and then offer you a “today only” special price, if you invest in their system…right now.

If I am attending a event like this, my intentions are to get some really good ideas from both the speakers and the other attendees through networking. Usually, I’ll leave the event with a page or two of immediate action items or changes I want to implement into my business, which I’ll then give to my team members (I don’t like calling my people employees) to execute the items, as soon as I return from the event.

It’s important to realize that a multi speaker event should not cost you more than $500 for the conference. If you’re investing $2000 just for admission to an event like this…I’ve also got some swamp land I’d like you to take a look at…

Criteria #3

Have you researched the Guru behind the products that you are considering investing in?

This frustrates me so much, because there’s no freaking excuse in today’s world. You can find out information on almost anybody using the internet.

I hear the same story from so many of my students. “Before they found me, they invested a ton of money with some big name guru who taught them next to nothing, while sticking the student with an outrageous credit card bill for some joke product, that only sits and collects dust on their office shelf.”

I’ll share a story about a very good friend of mine. I’m confident that this will show you two very important points that you must consider…

My friend had gotten the real estate bug and because he wanted to figure the real estate game out on his own, he attended a free weekend seminar by a very well known guru. Long story short, he bought the pretty dream they painted for him, while they bamboozled him to the tune of $7,000.00 big ones, for a weekly telephone coaching program that turned out to be the biggest nightmare of his life.

Of course, you don’t get the guru on the phone. He got some lady out of a Utah call center. For the record, I personally have nothing against Utah, but they are known as the real estate scam capital of the world. It’s a fact that 90% of all the boiler rooms are set up in Utah…I don’t know why, that is the case, but it just is. His new phone coach was supposed to lead him to the holy grail of real estate riches.

Unfortunately, that was not the case, for my friend.

He was more than half way through the program, when he couldn’t take it anymore. He finally broke down to me, terribly embarrassed that he’d been taken to the cleaner by this snake-oil salesman guru. He needed to spill the beans and it came out like the Niagara Falls, he told me, that he’d been following her advice and their curriculum…BUT, it was all stuff he could’ve gotten out of a “Real Estate For Idiots” Book. They told him to look into the Classifieds, call Realtors. Basically, they we’re not sharing closely guarded secrets, they we’re sharing common sense with him.

After 2 hours of listening to his frustrations, I was able to calm him down by promising him that I would personally get involved, and help him too turn this disaster into a winner. IF he was willing to do what I said, I basically guaranteed his success.

When his weekly coaching call appointment was scheduled for that afternoon, I decided I’d be involved with the call by saying that I was a concerned friend.

The best part was after talking to his coach for only 5 minutes, I had busted her in 5 to 7 lies and had come to the conclusion that this woman had about as much real estate investing knowledge as my Cousin Dave, who is 37 years old and never even rented a home, let alone purchased real estate investments..

To be frank, it was almost comical at times. When I was asking her questions about investing in real estate and what kind of strategies she had personally been successful with in her real estate career.

I now realized that I was going to have a lot more work to do if I was going to help my friend crack the real estate code and make some serious money, in spite of him most likely losing his $7,000.00, I was going to have to invest a lot of my own time.

First, my friend could’ve saved us both a lot of trouble and his $7,000.00, by simply utilizing the internet and doing a simple search about the un-named guru. What he would’ve found online, would’ve been a crystal ball of important information, because so many other individuals had taken the time to share their nightmare stories with the guru.

My second point is that any guru who must resort to high pressured sales tactics by telling you this special price is only good for today, is full of BS, and should probably be treated like the flu, get away as fast as you can.

Be very careful of guru’s who use high pressure sales presentations and aren’t willing to give you a night or two to digest the info and the program, to make sure this is the right investment for your money.

I’ve bought many expensive programs on the spot, but I’m also at a different level than most investors. I have a real estate investing business that is very successful and profitable each and every month. If I choose to invest in a program, there’s a much greater chance that I will get a return on my investment.

I’ll share one last important point with you (because I’m such a wonderful person)…

When creating a lifestyle of abundance , the most important ingredient to your success is your ability to kick butts and take action with all the money making info you’ve learned.

You can learn How to be the best salesman or closer in the world (not better than me, but close) and there’s an old cliché that hits it right on the head…

Nothing Happens until somebody Sells something!

I assumed you’ve enjoyed my article. Who Else wants to become an unstoppable, rock star, assassin, investing superstar? If that’s you and you’re not an uptight fruitcake, then I personally invite you to visit my website

[http://www.mikeperl.com/freecourse/]

when you opt in with your primary email, I’ll give you FREE training videos, contracts and quality time with me.

What are you waiting for?

Go to [http://www.mikeperl.com/freecourse/]

Author: Mike Perl
Article Source: EzineArticles.com
Benefits of electric pressure cooker

Investors new to the real estate investing game quickly realize that there are two types properties they can be investing in: residential and commercial.

Commercial properties, as their name suggests, are properties that are sold or leased to businesses. These can include retail areas, warehouse spaces, industrial properties, restaurants, and much more.

Residential properties are homes, duplexes, condos, townhouses, and rental properties rented or sold to individuals and families.

While investors can certainly invest in both types of properties, many beginning investors are wise to select one type of property to focus on, at least initially.

This is because a new real estate investor may spread himself or herself a bit too thin by trying to attract both businesses and tenants or families to both residential and commercial properties. Plus, residential real estate investing is very different from commercial real estate investing. Different skills, networking procedures, and even marketing are required for each.

It may be simpler to focus on one type of buyer or renter and one type of property, at least at first.

For a beginning real estate investor, investing makes a great deal of sense. There are many advantages for the beginner investor, and even seasoned investor, interested in residential real estate investing. One major advantage is that there is already an extensive financing industry in place for residential properties. In fact, anyone — including someone with bad credit — can generally get funding in order to buy a residential property. There are even government programs and special programs in place to help those with little money buy their first home.

You can begin as an investor with no money down deals, and can easily find a first-time-homebuyers program or an inexpensive residential property in order to get started in investing.

Residential real estate investing can also be very attractive because there’s always an target market interested in this type of property. When the economy takes a downturn, businesses may tighten their belts first. However, families and individuals will still need places to live. They will still be renting, and even buying properties. The fact that there are government initiatives and many types of mortgage programs ensures that home buyers continue buying even when the economy is in a slump. This can make investing slightly less risky for real estate investors.

There is simply always a market, something that cannot always be said for commercial property investing.

Another major advantage of investing is that it takes far less money to get started. While commercial properties tend to be more expensive, residential homes can be purchased for very little. Distressed properties and foreclosed properties, in particular, can often be purchased for less than their actual market value. This makes getting started in residential real estate investing relatively simple. An investor can simply purchase a property that is being sold for less than its value. He or she can use traditional mortgages or business loans in order to make the purchase.

After some renovating or even just cleaning up, the investor can then resell the property for considerably more and therefore make a profit. It really is that simple.

There are many advantages to investing. For those new to the real estate investing game or even for seasoned investors wishing to expand a portfolio with some more solid investments, residential properties are great investment opportunity.

To Massive Profits.

Brad Wozny

P.S. Think residential property investing may too difficult?

From a corporate job with $20,000 of credit card debt, Brad set out to build an empire and never looked back. Within 93 days, he had generated $3.2 Million profits (cash and equity) from property in the United States with his partners. 24 months later from the day he began, his businesses had contracted, bought, developed, built, sold, rented or assigned $15 Million of property across America.

He is the creator of the renowned Strategic Investment Manifesto and the highly acclaimed 7 FIGURE Profits system that successfully teaches all investors how to build a business that generates a 6 figure bank account and realize 7 figure gains in as little as 7 months …

Personally endorsed by celebrated entrepreneurs like Mark Victor Hansen (co-Creator Chicken Soup for the Soul Series) and NY Times Best-Selling Financial author Robert Allen (Nothing Down, Creating Wealth, One Minute Millionaire), Brad runs his real estate investing and development business from his offices in Colorado and Canada.

For more free information on these investment principles visit: http://greatrealestateinvestinginfo.com/

Author: Brad D Wozny
Article Source: EzineArticles.com
Beading Necklace

An associate called the other day and said, “Can you sell my house fast? I’m in big trouble and need to sell by the end of the month or lose my home to foreclosure.” I hadn’t talked to Don in nearly a year and was shocked to discover he had lost his life savings to a bad investment scheme. To make matters worse, his wife had been stricken with a life threatening illness. Between the loss of her income and staggering medical bills, they had become four months delinquent on their mortgage loan.
 
Unfortunately, “sell my house fast” is quickly becoming America’s motto. As a real estate investor I receive at least a dozen calls a day from desperate homeowners needing to sell their home quickly. The problem is too many borrowers wait until the last minute before taking action. By the time they call me they are so far behind there is little hope of saving their home.
 
While there are many reasons a homeowner needs to sell their house fast, the most common reason is to avoid foreclosure. Although President Obama is taking steps to help distressed homeowners save their homes, mortgage lenders are swamped with loan modification requests.
 
With the current economic recession, ‘sell my house fast’ sounds like oxymoron. However, there are various techniques which can help homeowners become unchained from their mortgage note. Some techniques are difficult and time-consuming while others are easy and relatively pain-free. Much depends on the amount owed on the property and what lengths the homeowner is willing to go in order to sell their home.
 
Homeowners who are delinquent on their home loan and experiencing temporary financial setbacks might qualify for a loan modification. In this situation, mortgage lenders can reduce the monthly payment amount or rollover two or more payments to the end of the note.
 
When borrowers have fallen behind by several months, some lenders will allow the homeowner to enter into a short sale agreement. With a short sale, lenders agree to accept less than is owed on the mortgage loan as long as the borrower can sell their home within a specified period of time.
 
Not all lenders offer short sales and homeowners cannot sell their home for less than they owe without obtaining bank approval. If you are in the pre-foreclosure stage, now is the time to contact your lender and request a short sale.
 
The short sale process typically takes four to six months to complete. Some lenders accept the purchase price as payment in full toward the mortgage note. Others require borrowers to pay the difference between the sale price and loan balance. Before entering into a short sale agreement it is important to determine your lender’s short sale policies.
 
One lesser known source for selling a house fast is private real estate investors. Although the housing market is in a slump, investors are purchasing distressed properties at record speed. History has proven real estate is a smart investment and financial experts predict the market will eventually rebound. By investing in low-priced real estate now, they can potentially amass a fortune in the future.
 
If your daily chant has become, “I need to sell my house fast”, consider selling your property to a real estate investor. Many investors buy houses with cash which can accelerate closing and save thousands in closing costs and realtor commissions.

Simon Volkov is a real estate investor and short sale specialist who offers options to homeowners needing to sell their house fast. Simon provides solutions to individuals facing foreclosure and bankruptcy. Learn how to sell your house fast by visiting http://www.SimonVolkov.com today.

Author: Simon Volkov
Article Source: EzineArticles.com
Excise Tax

Let’s face it, things happen. And there are a lot of ‘things’ happening right now, especially in the housing market, that would lead you to question, “How can I sell my house?”

Everywhere you turn, there’s negative news; whether it’s the government bailing out GM, Ford, Chrysler, AIG and on and on, the stock market making record point losses or corporations laying off thousands of employees. The last thing you want is to be caught by surprise like so many others once things started going south.

Below is a list of 21 situations that may cause you, or someone you know the need to sell the home fast. If any of these create an AH HA moment, you probably need to contact a local real estate investor.

Usually investors buy houses, not list them as a realtor does. They won’t put a sign in the yard, list it in MLS and wait for the phone to ring. In most cases, they will actually put your house under contract, and honor it.

In the time it takes to have your house sit on the market while you continue to make payments, an investor could have actually bought the house. Please understand you might have to make some price concessions to sell your house, but in most cases they’ll provide an answer to your question, “How do I sell my house,” allowing you to move fast.

All situations vary, but here are some of the most common reasons you or someone you know may need to sell a house fast:

1. Job lost and can’t afford mortgage payments

2. Administrator/Executor of an estate

3. Bought new house and don’t want two mortgage payments

4. Job relocation

5. Pending foreclosure

6. Two mortgage payments

7. Listed with a realtor for months and won’t sell

8. Divorce

9. Want to purchase another home but can’t sell the old one

10. Landlord tired of dealing with evictions and deadbeat tenants

11. House in need of repairs but no money to do them

12. Vacant house receiving violations from local government

13. Behind on mortgage payments

14. Listing expired with real estate agent

15. Trying to sell For Sale By Owner (FSBO) but won’t sell

16. Want to retire and downsize

17. Fire damage

18. Failing health

19. Can’t afford tax bills

20. Need debt relief

21. Bankruptcy

Local investors purchase many houses each month in your area. They will give you a free offer for your house with no obligation for you to accept.

If you need someone to buy your house in Atlanta or the metro-area fast, visit one of the most trusted companies in the area. Visit: http://www.SellTheHomeFast.com

You will get a no-obligation written offer, a fast close and a smooth transaction. In most cases there will be multiple offers that cater to your situation.

Author: John Feinstein
Article Source: EzineArticles.com
Get my ex back