When you say the word rehab, the first thing that probably pops into your mind is helping an alcoholic or drug-dependent man get over his bad habits. For a real estate investor, however, the word is synonymous to a great opportunity to make tons of money.In the real estate investing business, the term rehabbing mainly refers to the act of renovating and refurbishing an old property for profit. Also known as fix and flip, it is a type of real...more
Many people are encouraged to get into real estate investing today. True enough, real estate investing can be very profitable. However, if you are not keen enough to avoid some of the most common mistakes, you might end up losing too much. In this article, we will share with you tips about the most common mistakes that investors make in real estate investing.Do not ignore the market. The same way that individual properties need to be carefully...more
On this day and age where many people are losing jobs due to the countrys financial instability, the real estate investing business has provided many individuals with other means of livelihood. Some of them were able to fulfill their dreams of living the good and stable life by becoming a real estate investor. So if you are seeking for a way to improve your financial status, you should consider investing in real estate.There are three common ways to invest in real estate. The first one is called flipping houses. It primarily involves the purchase of a property with the intent to sell it for profit. In this type of real estate investing, most investor buy undervalued house before selling it at a slightly marked-up price.Next is called rehabbing homes. Also known as fix and flip, it is type of investing in real estate wherein an investor buys and spruces up an old property before selling it to a home buyer. Most rehabbers recoup the fund they have invested by selling the property at a price close to its full market value.The third common type of real estate investing is called wholesaling houses. Wholesaling is similar to flipping in a sense that an investor finds a property to sell....more
If you are a new real estate investor who is having trouble acquiring investment properties, there is one solution to your problem: to secure financing. Nowadays, obtaining funds to buy real estate is relatively easy. You can either apply for traditional bank loans or ask hard money lenders for help.Compared to institutionalized financers, such as...more
Seasoned real estate investors recommend using private money when financing projects. And they have a lot of reasons for doing so. Here are some facts you need to know about private money, which is known in the real estate investing world as hard money.Private money financing is popular among real estate investors because it is fast. Lenders know...more
Almost every individual in the country today is in search of several other ways to increase their income. Regular jobs are no longer enough to sustain the needs of the entire family. Given this, many are very eager to find other ways of increasing their income. In this article, REIWired.com shares with us ideas on how to succeed in real estate. Real estate has proved to be very profitable even during the hard times. Many want to find out how they could break in the industry and hopefully make good money. So how do you even break in? We have compiled some of the useful tips from REIWired.com to help you get started:1.Ask around. The best way to learn is immerse yourself in the industry. While yes, you will find a lot of valuable information online, learning through first-hand experience will make it a lot easier for you. Talk to investors in town. Observe and ask for tips. You also need to learn how to read the market. Know what the general market wants. How much are they willing to pay? Which areas are good spots for investment? Make sure to consider all these factors. 2.Know your edge. What are your strengths? Are you good at do-it-yourself activities? If so, then maybe rehabbing...more
The idea of claiming accident compensation for yourself can seem like a daunting task at the best of times, but it can be even more overwhelming should you face the prospect of claiming on behalf of someone else particularly somebody that has passed...more
Do you want to take your real estate investing career to the next level? If you are, then you will need all the tools you can get to give your business a great boost.Fortunately, REIwired.com has the resources you will need to become the best in the...more
Life is not always a bed of roses, sometimes the thorns come out and prick you. When this happens it is time for you to make the decision that fun can be had at anytime. Why then should you have to wait for others to make your superhero or funky diva...more
Author: Gerald ConnorFor most of us, the perfect of residence means two things – it might be somewhere far, far away or it is in an expensive exclusive property. Hardly anybody knows that the real estate of your dreams doesn't have to be far and...more
Author: Michel LautensackThere are some great features of a voice mail system, particularly like with Freedom Voice where you can do voice mail blast. If you're doing this the right way, any potential seller that ever calls you, hopefully you're...more
Author: John DonHere, you really cannot afford to make mistakes or pay over the odds for renovation or redecoration. Every single penny has to count because with buy-to-let you are essentially establishing a business on which you will have to pay tax...more