www.1001TopWords.com |
10 Ways To Find Investment Properties
If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is 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 the ten: 1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property. 2. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find. 3. Drive around looking for "For Sale By Owner" signs. Owners often don't want to pay to keep the ad in the paper every week, so you won't see all properties there. 4. Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap. 5. Find old "For Rent" ads. Call if they are a few weeks old. Landlords are often ready to sell, especially if the haven't yet rented the units out. 6. Talk to bankers. You might get a foreclosed-on investment property cheaper if you buy it before they list it with a real estate agent. 7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you. 8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the procees of evicting tenants is a likely seller. 9. Old FSBO ads. If you call on two-month-old "For sale By Owner" ads, and they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out! 10. Put an ad in the paper. "Looking for investment properties to buy," might be sufficient to generate a few calls. Steve Gillman has invested real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com
|
RELATED ARTICLES
California Home Seller Disclosure Duties Property Condition - Seller's What to Expect During the Inspection ProcessThe Transfer Disclosure Statement (T.D.S.) ? Perhaps the most important paper you will complete when selling your home Empty Nesters Flock To Inner City Babyboomers whose children have left home, commonly known as "empty-nesters" are buying inner city apartments in record numbers. Home Staging Strategies Who are you preparing your home to sell to? Termite and Moisture Damage Not Reported I have done so many appraisals where I saw obvious damage that was not reported by the other inspectors. The first couple of times I thought it was just carelessness. I came to realize it was the same agents who had found what I call pocket contractors or repeat business. Most buyers are not aware of this problem but believe me it is a big one. Encouraging Debt Most of us don't talk about money, finances, credit, debt....Young people especially go into the real world blind about these issues. They have had it easy or difficult growing up financially. Some kids use their parents credit cards or are even issued one. Some don't have anything above the necessities. Then some "EARN" an allowance and are taught to spend conservatively. I think all of us have a responsibility to steer them in the right direction. Tax Deferred Exchanges of Investment and Business Real Estate The Primary Residence taxation, the Residential Replacement Rollover, Sec. 1034 exception is gone. Previous capital losses still apply, if the property is held as investment property and sold at a loss and that loss can be carried over for up to 7 years. For those over age 55 the primary residence or residential sale exclusion of taxation is gone. Tax deferred exchanges remain a viable way of deferring taxation on investment real estate. Business Credit Card Dirty Tricks My system teaches people that the proper useof credit is the fastest way to speed up your profits in real estate investing. Internet Battleground for Future of Residential Real Estate Real estate agents are gearing up to face the biggest shift in their industry since it's beginning. No longer the first in the path of homebuyers and sellers, agents have gone from top feeders to the bottom feeders with real estate consumers in just a few years. Sell Your California Home For Top Dollar HOW TO SELL YOUR HOME FOR TOP DOLLAR 5 Factors of Selling a Home There are five major factors to consider when selling a home. These factors will greatly influence not only the final price you will get for the property, but also how quickly it will sell and how much grief you will suffer through the sale. Cheap Homes For Sale In Great Towns My wife Ana and I found cheap homes for sale all over the country during a seven-week drive, and we even bought one along the way. It was in a pretty little town in the mountains of western Montana, and it cost us $17,500. We spent almost $2000 to fix it up the way we liked it, and lived there for several months before selling it for $28,000. You can see a photo of our little pink house on the homepage of our site www.HousesUnderFiftyThousand.com. This was not a fluke. There are still great towns where you can find cheap homes for sale. Cheap Homes, Nice Towns: An Example Appraisal vs. Market Value: How to Avoid Pitfalls in the Sale of Your Home When you sell your home, appraisers use comps (comparable market sales) of local properties sold within the last six months to value your home. With today's rapidly rising seller's market, six-month-old information is ancient history. Appraised value does not always equal the true market value, or what the home will sell for on the open market. If Your House Is a Mess, You Dont Have To Sell For Less Don't be tempted by "We Buy Houses" or "Sell Your Ugly House in 9 days for Cash" ads. Real Estate Financing - Ten Ways 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. Time Is A Major Real Estate Wealth Growth Tool, So Use IT And Watch Your... Secrets of Making Money from Real Estate - Part 4 Analyzing and finding the right property deals: Zero Down Real Estate Investing Zero down? Why would a seller want to walk away from closing with nothing? Well, they wouldn't, and that brings up the most important point about real estate investing with no downpayment: The seller almost always needs cash at closing, but it doesn't have to be YOUR cash. 5 Simple Steps to Sell Your House Fast! The decision to sell your house wasn't made on the spur of the moment. It may have been spurred by the desire to live in a nicer home, the need to move for a new job or the necessity to get a handle on out-of-control costs. But whatever the reason for the decision, you've got a lot of work ahead of you before you're ready to actually sell your house on the market if you want to get the best possible price for your property. Is this your first time to sell a home? No problem! Read our tips below that will show you how to sell a house. Buying Property in Spain - How to Avoid Paying over the Odds Spain has a lot to offer Northern Europeans and until recently there was a marked difference between the price in their home country and a similar Spanish property. However many buyers have found to their cost that they paid way over the odds. What Does It Take To Be A Donald Trump in Real Estate? Since you are a business oriented person, you might be thinking: "oh, great, here it comes another fad that sounds to good to be true and I don't have time for this now." Well, the fact is, like gravity you do not have to believe in Feng Shui for it to work. Whether you believe in the law of gravity or not it exists, and it affects everything you do. As Donald Trump said: "I don't have to believe in Feng Shui, but I use it because it makes me money." |
© Athifea Distribution LLC - 2013 |