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Real Estate Investment – Important news for investors in Texas

Posted by | Posted in Buy My Home Fast - Articles | Posted on 10-01-2012-05-2008

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Get property under contract & Get Funded Now: bit.ly Movoto.com has done some research on Real estate investment in Texas and according to that most families in Texas can afford purchasing a house. Its good news for real estate investors as they can buy single family houses within the range of 0000-5000 with the help of hard money lenders and after fix and flip can sell it for profit. As far as real estate investment is concerned, investing in low end homes is a good strategy rather than investing in high end homes. Hard money lenders are more willing to help real estate investors to give fix and flip loans if they have a low end property under contract.
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Real Estate Investment Tips : How to Stop Foreclosure on Your Home

Posted by | Posted in Buy My Home Fast - Articles | Posted on 18-09-2011-05-2008

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Stop foreclosure on your home! Learn how to stop foreclosure on your homeusing the real estate tips in this free video. Expert: Richard Blake Bio: Richard Blake is a licensed real estate agent that has closed more than 20 times the number of transactions per year than that of the average realtor for the last three years. Filmmaker: Christopher Rokosz
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Mastering Real Estate Investment: Examples, Metrics And Case Studies

Posted by | Posted in Buy My Home Fast - Books | Posted on 05-07-2011-05-2008

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Property Investment Advice for Aspiring Real Estate Investors

Posted by | Posted in Buy My Home Fast - Articles | Posted on 30-04-2011-05-2008

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myrealestateinvestmentsecrets.com Property Investment Advice for Aspiring Real Estate Investors. Property investment advice is much needed if you are just starting as a real estate investor. This video will show you two tips that you need to learn to prepare you in your real estate investing journey. Pay attention to these tips for you to maximize your profit potential. Visit our website at http and get a FREE e-course on real estate investing.
Video Rating: 4 / 5

Why Real Estate Investors Have Their Own Investment Criteria

Posted by | Posted in Buy My Home Fast - Articles | Posted on 19-03-2011-05-2008

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Why Real Estate Investors Have Their Own Investment Criteria

Why Real Estate Investors Have Their Own Investment Criteria

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Home Page > Business > Why Real Estate Investors Have Their Own Investment Criteria

Why Real Estate Investors Have Their Own Investment Criteria

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Posted: May 12, 2008 |Comments: 0
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Writing down your real estate investment criteria means writing down your needs and wants in a real estate deal. It means outlining what you are looking for in a real estate opportunity. Having written criteria can help you grow as an investor and can make it easier for you to land the best real estate deals.

If you to join the ranks of real estate investors, you might want to have formal written investment criteria set out for yourself. Putting your investment criteria in writing allows you to see at once whether possible investment opportunities do or do not fit your future plans. This allows you to quickly sort through potential opportunities to pinpoint the right ones.

Writing down your investment criteria also hones your focus and ensures that you have an easier time finding the best possible deals. Having written criteria also allows you to share your criteria with other real estate investors, so that you can learn from them. If you haven’t yet outlined exactly what your criteria are for selecting an investment property, now’s the time to put pen to paper.

When developing your written criteria, consider when you do not want to make an investment. What is the bottom line? Do you not want to make an investment at any time if you don’t understand it? Do you want to never make investments that you cannot pay for if everything goes wrong? Do you never want to make an investment where you cannot handle the worst-case scenario? Determine your comfort boundaries and the level of risk you are willing to accept or not accept, and put this in writing.

Next, when developing your written investment criteria, consider what your ideal investment would be like. What do you do to make sure that your investments are the best possible deals for you? Do you do a certain amount of research using specific sources? If so, write this down. Outline on paper the best real estate deal you ever put together. What were the steps you to that in to be an outstanding investor in that situation? What if you applied the same steps to every real estate deal you made? Would you generate more success from other opportunities? If so, outline exactly what you do when you are at your investment best, and add this to your written criteria. This will help ensure that every deal will at least have the opportunity of becoming as successful as your best deal ever.

Write down your money criteria. Where are you willing to go for financing? How much capital are you willing to put at risk? How comfortable do you feel taking risks with your money? What levels of risk are you willing to take? How are you going to secure your deals? Knowing how you will handle money is very important to you as an investor.

Finally, and maybe most importantly, outline the standards by which you wish to live as an investor. What are the ethical boundaries you’re not willing to cross? What you want to stand for as an investor and what sort of person do you want to be as an investor? This may seem abstract and very much up in the air, but it will help you outline exactly the sort of investment opportunities you want to capitalize on. The best real estate investors have a code of conduct, so you should, too.

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Canadian Real Estate Investment Trust Announces March 2011 Distribution

Posted by | Posted in Buy My Home Fast - News | Posted on 17-03-2011-05-2008

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Canadian Real Estate Investment Trust Announces March 2011 Distribution
TORONTO, ONTARIO– – Canadian Real Estate Investment Trust today announced its March 2011 monthly distribution in the amount of 11.75 cents per unit . The March distribution will be payable on April 14, 2011 to Unitholders of record March 31, 2011.
Read more on CCNMatthews via Yahoo! Finance

Real Estate Agent Grazed By Bullet In West Philadelphia
Philadelphia police are investigating a shooting that left a long-time real estate with a graze wound to his head.
Read more on CBS Philadelphia

Has anyone purchased and used any of these Real Estate Investment programs?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 26-02-2011-05-2008

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Question by John V: Has anyone purchased and used any of these Real Estate Investment programs?
Has anyone purchased any of these ? ..much more importantly actually USED them. I am not the least bit interested in any responses from people that do not have DIRECT personal experience with these programs. I don’t want any uninformed opinions of these. Those would be meaningless and worthless.
Sometime ago I bought Carleton Sheets program and I had heard both good and bad, though I’m convinced that it is at least legitimate. I am just now going through it. I’ve also looked at Matt Gillogly’s “Business Building Secrets of Renegade Christian Investors” and Bill Vaughn’s “The Simple Man’s Guide to Real Estate”. The reviews that I’ve read of the last two are excellent. I’ve investigated and dismissed programs from about a dozen other Real Estate “Gurus” that were basically scams.
I want input (success or failures) on just these. Again, I want only actual experience from someone who has really put the concepts to work.. that have really put them completely to the test..
The first response was exactly what I said that I did NOT want. As I put in my question, such a type response is meaningless and worthless. Apparently he did not read my question completely. Incidentally and for his information, I have a Bachelors degree and 3 Professional Designations. Learning from other experts in any field is the fastest way of
getting to a higher level of success without having to waste time and doing things on a “trial and error” basis or method. That is what text books are for in “higher learning”! Thinking such as what was expressed in that response is totally flawed.. I certainly hope that the other responses will be more meaningful and valuable!!

Best answer:

Answer by BabiesDaddy
If you need these programs than you should not be investing in Real Estate anyway. If you went to school and have some common sense, you will know that all those programs are scams. Everybody has their own style and it is up to you to develope yours. Be an innovator not a follower of someone elses concepts. Good Luck!!

What do you think? Answer below!

Old Palm Golf Club Acquired by International Investment Group

Posted by | Posted in Buy My Home Fast - News | Posted on 20-09-2010-05-2008

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Old Palm Golf Club Acquired by International Investment Group
PALM BEACH GARDENS, Fla.—-Old Palm Golf Club, one of Florida’s most prestigious golf communities, was acquired yesterday by an international group of real estate investors led by ING Clarion Development Ventures III , a closed-end fund with approximately 0 million in equity capital managed by ING Clarion Partners.
Read more on Business Wire via Yahoo! Finance

Business News
Food distributor opens Moore for Less market Moore for Less “The Up Front Market” held its grand opening last week under the awning at Moore Food Distributors, 9910 Page Ave.
Read more on Suburban Journals

Old Palm Golf Club Acquired by International Investment Group
PALM BEACH GARDENS, Fla.–(BUSINESS WIRE)–Old Palm Golf Club, one of Florida’s most prestigious golf communities, was acquired today by an international group of real estate investors led by Mere Capital.
Read more on Business Wire

Solano looks to sell off shuttered properties, including two empty buildings in Vallejo
Solano County officials are looking to sell more than a dozen shuttered buildings and vacant properties to generate revenue after the rapid consolidation of services in recent years due to budget cuts.Two of the empty buildings are in Vallejo, including the former health
Read more on Vallejo Times-Herald

Real Estate Investment – Top Secrets Real Estate Investors Use To Turbocharge Their Businesses

Posted by | Posted in Buy My Home Fast - Articles | Posted on 06-06-2010-05-2008

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Real Estate Investment – Top Secrets Real Estate Investors Use To Turbocharge Their Businesses

Have you ever wondered why some real estate investors seem to make it all look so easy? We have all heard the stories about how one investor made over 0,000 in a week by flipping a house. Or maybe about how another one bought a multimillion dollar apartment complex and walked away with cash at closing.

So how do these people do it? And is it something the average person off the street can learn to do? Well, those are some of the same questions I had when I first started in the business. So I spent months of research and tens of thousands of dollars to learn what strategies these successful people use that the rest of us do not. What follows is a brief summary of what I learned. Some may surprise you, others may not. However, I found these to be common words of wisdom from every successful investor.

1. Real Estate Investing is a Business, Not a Hobby

Every successful real estate investor I know operates their endeavors strictly as a business, even if it’s just a part-time thing. This means setting up a Corporation, S-Corp, Limited Liability Company, Limited Partnership, General Partnership, or typically some combination of these entities. Notice I didn’t mention Sole-proprietor? Talk to a knowledgeable real estate attorney in you area for a better idea of which ones are right for you and your goals. Not only will the right entities protect you and your ASSets, but will allow you to take advantage of certain tax advantages you would otherwise not have. If you stop reading here and take no other advice from me please, please do this one.

2. Build A Team of Experts

Few, if any, business owners succeed without a team of experts to guide them. These people can save you a tremendous amount of time and money and possibly even legal problems. Your business team should consist of a good real estate attorney who understands the state laws and an accountant. I recommend finding an accountant who is also a real estate investor if possible.

You should also have a realtor in each area you are considering investing in, an appraiser, a home inspector, an escrow company, a mortgage broker, other investors, a general contractor, and an insurance agent. There are other specialist would should also consider for special cases such as an architect, a surveyor, environmental company, etc.

3. Have a Plan

Develop a business plan for your real estate investing venture even if you are not new to it. After all, this is a business and few really reach their potential without a good plan. I promise you, spending a few hours putting it down on paper will be well worth it. And it’s always good to revisit your plan often to keep you on target.

4. Network, Network, Network

Real estate is people business. If you haven’t done so already, get good at smoozing. Now I don’t mean the used car salesman type where you do all the fast talking. Join your local real estate investment club, become a member of a church if you aren’t already, volunteer with Habitat For Humanity, just get involved! Get to understand what the seller’s or buyer’s needs are. This means listening! Get to know what other investors are looking for and who the local “players” are. You may be able to do a partnership on a deal or refer them to a deal that may not be exactly what you’re looking for. Above all, treat everyone you meet with respect whether they’re your team, sellers, or buyers and they will respect you. If you do these things, more deals will come your way than you can possibly handle. I can think of a lot worse problems to have!

5. Know Your Market

Spend some time getting to know the areas where you plan to invest. Go to some open houses and talk to the agents. Drive the neighborhood and look for the “For Sale By Owner” signs otherwise known as FSBOs. Look for homes that appear vacant or in disrepair. Learn how much homes go for in the area and what the local trends are. Talk to some the local residents and learn what the community is like. Is there crime in the area, how good are the schools, is the area growing, what are the local demographics? This information will serve you well when it comes time to invest.

6. Never Buy A Property Without At Least One Solid Exit Strategy

In real estate, you make your money when you buy, not when you sell. So what am I trying to say here? For each offer you make, you should know exactly how you are going to make your money from it. It could be as a rental for which you should have a positive monthly cash flow. It could be as a rehab and flip for a profit. Or maybe you may offer it as a lease with an option to buy. Or, it could be hold for the equity growth. Run your numbers for each strategy. If the numbers don’t work, don’t do the deal no matter how much you like the property!

7. Treat Your Agents Like Gold

Real estate agents can make or break your business and a good one is worth their weight in gold. They will do much of the legwork for you and bring you potential deals. They know their areas inside and out and can steer you away from potential problems. They will even find you buyers for your properties as well as show it while you are out looking for more deals. And, they work only for commissions based on the sales price of properties that sell.

However, most real estate investors don’t buy and sometimes don’t sell property at full market prices. This could directly affect your agent’s commission and their motivation to support what you want can diminish. I suggest paying your agents commissions based on market price regardless of the ultimate sales price. Yes, it may impact your profits some but you’ll have a very loyal agent. And guess who gets the first phone call when hot property comes up!

8. Don’t Be A Hog

The old saying goes, “Pigs get fat, and hogs get slaughtered.” The saying holds true in real estate investing as well. Many new investors make the mistake of trying to squeeze out the maximum profit out of every deal and then wonder why they can’t find any buyers. Don’t be afraid to leave something on the table for the next guy, especially if you’re selling to other investors. It’s better to make a lot of smaller profits over and over than it is to make one big profit. This strategy should have potential buyers lining up at your door when you have a property to sell.

9. Give Away 10-15% of Everything You Make

I can hear you now, “He said what?!” That’s right, give away 10-15% of everything you make. How you decide to do it is up to you, but I warn you, you may have to get creative. Steve, a mentor of mine follows this rule like a religion. In fact, on his very first deal he made about ,000 which he need desperately, since he had recently lost his job. He was nearly bankrupt but still decided to give away some of his profits. He decided to buy his pastor a new suit, something he had never had in his life. Even though Steve was excited about making the money, the look on his pastor’s face when he wore it for the first time made him feel ten times better. By the way, word got around very quickly and before you know it, he had three more deals in the works that profited much, much more.

10. Offers, Offers, Offers!

You’ll never make any money if you don’t first start with an offer. But for some reason, this seems to be the biggest hurdle for most new investors. I like to use the “Fire, Aim, Ready” approach to making an offer. Don’t spend a lot of time trying to figure out what the perfect offer will be, just make one. Most of my offers are made without ever having seen the property. Remember, if the first offer doesn’t embarrass you, it’s too high. I know of a very successful real estate investor in the Tampa area who once offered for a million golf course! Okay, so he eventually bought it for a little over million and the resold it a couple of weeks later for a tiddy profit. It’s only after you have the property under contract that you should spend the time to determine if the price is right or not. Most successful investors will make 25 or more offers a week of which maybe only two or three may eventually end being accepted. Of those, maybe one will make it to closing. But let’s see, one deal a week, -10,000 profit each….you get the picture.

11. Have Fun

Like any business, real estate investing has its challenges. Sometimes deals fall through at the last minute, renters can be a real pain, or you find out about the sewer line collapsing at one of your properties that needs ,000 in unexpected expenses to fix it. There will always be obstacles to overcome but the rewards can be well worth it. So have fun with it! If you truly enjoy it, it will show on you and suddenly the problems don’t seem like such a big deal anymore.

There are many more tricks to the trade depending upon which niche you decide to invest in. But the basics are the same across the board. Apply these secrets and you too can become the next multimillionaire!

Troy Thomason is a professional real estate investor and business owner investing in the Southern California and Mid-West regions. He holds an MBA from Peperdine University and publishes real estate and wealth creation related articles. For additional go to: http://www.HassleFreePropertySellers.com

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Q&A: Does anyone know of any investment companies that buy townhomes?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 01-06-2010-05-2008

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Question by Whipper Snapper!: Does anyone know of any investment companies that buy townhomes?
Since now is such a great time to buy, my wife and I want to upgrade to a single family home but since the market is so poor for sellers, we know our house may be on the market for awhile. We are in no danger of foreclosing or anything but we just want to get a bigger house.

Is there such a company that would buy a townhome that maybe rents them or something.

Any ideas would be greatly appreciated.

Oh, I did try those companies that will “buy your house fast”, but they really low balled me so that isn’t the way to go.

(Its a great looking house, near a river and next to a golf course outside of Washington D.C. by the way.)

Best answer:

Answer by godged
Any investor will low ball you on this, that is how they make their money. They typically pay about half of real market value.

You would be better off offering it for sale through a Realtor. Ask the Realtor where to price it to sell, any home will sell if the price is right.

Know better? Leave your own answer in the comments!

Buy My Home FastFast Solutions for Selling Your Home

Real Estate Investment – Important news for investors in Texas

Posted by | Posted in Buy My Home Fast - Articles | Posted on 10-01-2012-05-2008

0

Real Estate Investment Tips : How to Stop Foreclosure on Your Home

Posted by | Posted in Buy My Home Fast - Articles | Posted on 18-09-2011-05-2008

2

Mastering Real Estate Investment: Examples, Metrics And Case Studies

Posted by | Posted in Buy My Home Fast - Books | Posted on 05-07-2011-05-2008

0

Mastering Real Estate Investment: Examples, Metrics And Case Studies

Property Investment Advice for Aspiring Real Estate Investors

Posted by | Posted in Buy My Home Fast - Articles | Posted on 30-04-2011-05-2008

5

Why Real Estate Investors Have Their Own Investment Criteria

Posted by | Posted in Buy My Home Fast - Articles | Posted on 19-03-2011-05-2008

0

Canadian Real Estate Investment Trust Announces March 2011 Distribution

Posted by | Posted in Buy My Home Fast - News | Posted on 17-03-2011-05-2008

0

Has anyone purchased and used any of these Real Estate Investment programs?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 26-02-2011-05-2008

4

Old Palm Golf Club Acquired by International Investment Group

Posted by | Posted in Buy My Home Fast - News | Posted on 20-09-2010-05-2008

0

Real Estate Investment – Top Secrets Real Estate Investors Use To Turbocharge Their Businesses

Posted by | Posted in Buy My Home Fast - Articles | Posted on 06-06-2010-05-2008

0

Q&A: Does anyone know of any investment companies that buy townhomes?

Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 01-06-2010-05-2008

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