Calgary real estate business is on a recent boom with numerous people showing keen interest in Calgary homes and real estate business deals of the region.If you have decided to purchase Calgary condos "" it is perhaps the wisest decision you will be making in the current booming real estate market. Investing in condos is said to be one of the most lucrative options in the recent times, with its ever increasing price. Condos in Calgary are...more
Having a hard money lender in your team can definitely improve your chances of succeeding in the real estate investing business. Because you have sufficient cash flow, you will be able to buy the property of your choice. It would also be much easier for you to act quickly in case a good deal pops out. And most of all, having a lender of hard money by your side allows you to easily obtain prequalification letters, which can improve your...more
House rehabbers often seek funding from hard money lenders to finance their deals. Also known as private lenders, these financiers make sure that you can proceeed with your real estate investing deal even if you are short in personal money. Here are some things you must know if you plan to tap this kind of financing.Always go for the good deals. If you doubt that you will make a lot of money from a particular rehabbing project, let go of it. There are scores of cheap homes you can buy and rehab out there. This is important because that property will be your collateral when you seek hard money loans. If lenders see the potential of the property you want to flip, then your loan application is likely to be approved. But if they feel that you will not profit from it, they will reject your application. The amount you will get will depend on the ARV, or after repair value of the property. This is the value of the property after you rehab it. Hard money lenders usually lend between 60% and 70% of the ARV so the higher your after repair value, the bigger the money you will get. You can seek the help of a professional appraiser if you do not have the experience in extimating ARV.You must...more
Invest in real estate to make some extra moneyBecause of the global recession and consequent large scale job losses, millions of people are looking for new and different ways to make some extra money. One of the most popular ways is to invest in real estate where the risk is low and returns could be high. Real estate is one of the few fields the...more
The real estate agents have an important source of potential deals for the real estate financier. Dealing with real estate marketing agents can be difficult as an investor. Real estate agents favor home buyers with cash to put down, good credit and conservative buying power. Their significance is getting a charge with as little harass as possible....more
I dont know what it is about driving a Mercedes car, but it really gives me a rush. Maybe its the power that a Mercedes can pack. Or, it could be the high performance, hugging curves and offering a smooth ride. It might be the world-class styling, smooth lines and sleek design of the exterior. Regardless, the Mercedes is my kind of car brand. When its time to get a new car, Im a regular fixture around my Chicago Mercedes dealership. In a recent event organized by Motorinformationsdienst, more than 150 journalists from Germany, Austria and Switzerland rated and voted on the top vehicles of 2010. More than 80 cars representing eight different categories were nominated and thrown into the mix, and lo and behold, Mercedes cars took two of the top categories. For best business class car, the cooperative named the Mercedes-Benz E-Class Estate as its top pick. Best newcomer in the luxury category went to the Gullwing Mercedes-Benz SLS AMG. These ratings are sure to give Chicago Mercedes dealers a surge in business.A unique, dynamic and elegant design is one of the E-Class Estates most talked about components, although critics everywhere are also praising the vehicle for its safety,...more
Look at any list of foreclosed homes online and you will likely find thousands, if not tens of thousands, of homes. Many of these homes have very attractive prices, so it can be easy to get overwhelmed by a foreclosure listing. Many of the prices are...more
As their name suggests, single family homes are designed for use by a single family. Most homebuyers seeking residential properties are looking for single family, detached homes. If you are such a homebuyer, you should consider the far-reaching...more
If you have been thinking about jumping on the foreclosed homes bandwagon and making some pretty good money off of these homes then it may seem like a simple process. Get a foreclosed home listing, make an offer close to the listed price and cash...more
Powerful real estate marketing ideas are always needed, particularly during those times when the housing market is sluggish and when the economic situation is not so good. Gaining the trust of your prospect is arguably one of your most vital tasks...more
Did you know the secrets of most of the successful real estate investors? So simple they always just started their day right. Obviously, how we start our day really has a huge impact on how your entire day will be going on. For you to be a successful...more
Happy new year to everyone especially to those people with great affection and interest to real estate. New year for real estate business and of course new many predictions and theories are floating about the state of the real estate industry this...more