Thrilled with SCOE 10X
By Admin on October 24th, 2009
Thrilled with SCOE 10X
Gotta tell you that I had my doubts that anything could work, but amazingly SCOE 10X really works!!
I am thrilled!
Archive for October, 2009
Real Estate Wholesaleing Increasingly Attractive In Today’s Real Estate Market
By Admin on October 24th, 2009
Real Estate Wholesaleing Increasingly Attractive In Today’s Real Estate Market
We are often asked, “What is the fastest possible way to make money with real estate investing?”
Our answer is always the same, and it’s a strategy we use all the time in our own real estate investing, even though we’ve been investing in real estate for years.
The hands-down, no argument, absolute fastest way to make money in real estate is through buying a property low, at a great price, and then flipping it off to another real estate investor who can still sell it at a profit.
Some real estate gurus refer to this as wholesaling because you are going into the property up front with the idea that you may not sell it to an end buyer.
That is, many wholesale properties are acquired by one real estate investor and sold to another real estate investor who plans to resell the property to someone who plans to live in the property and use it as their home.
Wholesaling real estate is not a lot different from wholesaling anything else.
The trick is to buy at the right price, which means you really need to know the value of properties before you start your wholesale buying program.
The second trick is to build a strong list of real estate investor buyers so that you can turn your wholesale deals quickly.
This is necessary to make the most money possible, because you typically make a lot less flipping wholesale properties than you do selling to retail buyers.
Just remember, buy low and turn deals fast, and you can succed as a wholesale real estate investor!
The amazon kindle2 Reflects Light like Ordinary Paper and Uses No Backlighting
By Admin on October 24th, 2009
The amazon kindle2 Reflects Light like Ordinary Paper and Uses No Backlighting
In addition, a copy of every book you purchase is kindle2 backed up online in Your Media Library in case you ever need to download it again. This allows you to make room for new titles on your device, knowing that Amazon is storing your personal library, which can always be re-downloaded wirelessly. If you are out of wireless coverage, such as traveling overseas, you can download books to your computer from Your Media Library and transfer via USB to your Kindle.
Think of it as a bookshelf in your atticeven though you don’t see it, you know your books are there.
We also liked how when you’re in a document, you can look up a word in the dictionary by selecting the line from the text using the scroll wheel ebook reader (the dictionary looks up all the words in the line, so you don’t have to go to the trouble of selecting the exact word). On a more critical note, we had some trouble using the “location” jumping feature, mostly because we couldn’t figure out what the location description numbers on the screen actually referred to. Ergonomic
Real Estate Auctions Continue To Offer Great Opportunities For Real Estate Investors
By Admin on October 24th, 2009
Real Estate Auctions Continue To Offer Great Opportunities For Real Estate Investors
Even though there are ever increasing new ways, gadgets and gimmiks to invest in real estate being offered by the gurus of the day, one of the oldest tried and true methods of finding great deals on real estate is to go to real estate auctions.
Real estate auctions are usually conducted by qualified auction companies, but sometimes private owners, real estate agents or friends of the family will hold them. No matter who is doing the auction, auctions can provide a great opportunity to acquire real property at prices that are substially lower than market.
For example, Mike Grigg of California real estate auctions provides a great service where his company helps property owners get the most for their real estate by using the excitement and buzz that usually surrounds an auction.
Like his counterpart, Bill Jones, who does basically the same thing using Virginia real estate auctions, Mike takes calls from real estate owners who are trying to figure out how to get just a little bit more for their property in a sale than they would receive from a traditional real estate listing with an agent or broker.
Typically auction fees and costs work out to be about the same as a property owner would pay to an agent or broker as a listing commission, yet the price received for the property can be dramatically higher than average current listing sales net.
Real Estate Finance Made Easy With Subject To Options
By Admin on October 23rd, 2009
Real Estate Finance Made Easy With Subject To Options
If you’ve been investing in real estate for any period of time, you probably know about, or hopefully have even used “subject to” and “option contracts” in your real estate investing activities.
On their own, both of these strategies have tremendous merit, but if you want to ninja supercharge your real estate investing, you need to read this article and learn how to blend those two strategies together and start using “sub-to options” to invest with.
Real estate deals can be financed in any number of ways, but one of our favorite real estate financing strategies is to negotiate a subject to option.
A subject to option has a huge advantage over other forms of option, primarily because with a subject to option, financing is not an issue, and neither are holding costs.
When you take a property subject to you are taking title to the property (or in this case getting the right to take title to the property) subject to the existing mortgage or financing on the property.
Sometimes, you may here this referred to as a wrap or AITD (All Inclusive Trust Deed) type strategy.
In these deals, you dont need financing to take title, because you are just promising to pay the mortgage(s) that is/are already on the property.
But, here’s the challenge with a straight sub-to deal. If you take a property “subject to” the existing mortgage and get the title, then you’re on the hook for mortgage payments, property taxes, upkeep and other costs and hassles.
On the other hand, if you take through a sub-to option, title does not pass. So, you aren’t on the hook for payments and all those other expenses.
Not only that, but if you negotiate your sub-to option well, you’ll probably be able to get into it for as little as $10 out of pocket.
Using this strategy, you can sub-to option dozens or hundreds of properties at a time, and your total out of pocket investment and carrying costs will be almost inconsequential!